China's interior cities may hold key to sustainable growth

China's slowing economy is a result of weaker global growth and domestic policies to rebalance the economy from investment to consumption.

As China struggles to achieve more sustainable growth, its lesser-known interior cities may provide some ideas.

It is booming in China's inland cities, even as the country grows at 7.6 per cent in the second quarter, its slowest pace in three years.

Interior cities like Chengdu grew 13 per cent in the second quarter this year, nearly double the national growth rate.

Goh Nai Shin, head of SME, West China, and GM, Chengdu branch, Standard Chartered Bank, said: "In Sichuan and in cities in the West, we have a...

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