One thing we want to preserve is the strict discipline of traditional corporations. The biggest problem with traditional models is that they are too conservative in terms of the development of products and the fostering of talent. This type of company is like our state-owned enterprises. Traditional models will survive for a short while. But young people who can speak English, use computers and understand Western markets will definitely take advantage of new economy methods, and old models will become less popular.
Capitalism is good for the economy.
It imposes strict discipline on efficiency. Maybe Richard doesn't understand this. I've lived in both worlds. I've lived here through the Cultural Revolution. I've stayed in the West for more than 20 years.