China is an example of an economy where competitiveness comes only from economic growth. The Chinese economy has grown massively in the last 10 year, but economic development is not happening at the same pace. Business legislation, transparency, corruption–all the economic institutions that allow a country to spread prosperity among its people–they are not there in China yet .If you look at the efficiency of the government, it’s No. 34. If you look at business efficiency, it’s No. 28 and in infrastructure it ranks No. 26. Its educational system is No. 39. Education is a primary institution that spreads prosperity among people, and China is not there yet.