Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Policies

    Concerted efforts spur nation's economic advances

    By Xin Zhiming | China Daily | Updated: 2019-10-16 09:23
    Share
    Share - WeChat
    Workers assemble vehicles on a production line at the China FAW Group plant in Jilin. [Photo provided to chinadaily.com.cn]

    Unlike some countries, China has opted not to totally replace the government's role in resource allocation with that of the market. Instead, it has adopted a mixed system in accordance with its own conditions to reduce opposition to reform while ensuring high, market-driven growth.

    Justin Yifu Lin, the former World Bank chief economist, said China's way of dealing with reform was a "pragmatic approach".

    "The result achieved transition without tears," he said. "It was based on the government's recognition that big-bang reforms could be self-defeating. It was necessary to let private enterprises prosper wherever feasible, but to continue to support important State-owned enterprises while reforming them gradually."

    In a speech in 2011, Lin recalled that around 1990, when the Chinese economy had been steaming ahead at an annual growth rate of 9 percent for 10 years, many scholars did not believe such momentum could be sustained for much longer.

    But the country continued to grow at a similar pace for another three decades, with its average GDP expansion rate hitting 9.4 percent from 1978 to last year, the fastest in the world.

    Cai, from CASS, said China's experiences in reform and opening-up and development, and its constructive suggestions for global development-oriented rule-setting and governance constituted "a contribution of public good to the world".

    "China does not seek hegemony, nor does it export its development model, but its development, wisdom and plan are very important for the world," he said.

    The Belt and Road Initiative, proposed by China in 2013 to enhance regional connectivity among many countries and regions through both overland and sea routes, is a telling example of how the country's "wisdom and plan" contribute to the world.

    Thanks to efforts by China and other countries involved in the initiative, the BRI has strengthened economic cooperation in participating economies, helping them increase infrastructure investment.

    Zhang Hui, deputy dean of the School of Economics at Peking University, said, "The Belt and Road Initiative can effectively promote the transfer of industries among countries with different industrialization levels to promote complementary industrial and trade development."

    He said the initiative will not only promote industrial productivity in those countries, but help them strengthen their "soft power", such as technology, managerial knowhow and standards.

    "The BRI idea comes from China, but the results benefit the whole world," Zhang said.

    |<< Previous 1 2 3   
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    丰满日韩放荡少妇无码视频| 国产亚洲精品无码拍拍拍色欲| 99国产精品无码| 日本乱偷人妻中文字幕在线| 国产AV无码专区亚洲精品| 一本本月无码-| 波多野结衣在线aⅴ中文字幕不卡| 免费A级毛片无码专区| 中文字幕亚洲一区| 久久中文骚妇内射| 亚洲av无码专区在线观看素人| 亚洲VA中文字幕无码一二三区| 国产高清中文手机在线观看| 中文字幕精品无码久久久久久3D日动漫| 日韩精品中文字幕无码一区| 寂寞少妇做spa按摩无码| 欧美日韩中文字幕在线| 亚洲 欧美 国产 日韩 中文字幕 | 无码毛片一区二区三区视频免费播放 | 亚洲国产精品无码一线岛国| 亚洲AV中文无码乱人伦在线视色| 亚洲中文字幕无码日韩| 无码专区一va亚洲v专区在线 | 无码人妻熟妇AV又粗又大| 国产成人无码一区二区三区在线| 日韩中文字幕在线播放| 亚洲开心婷婷中文字幕 | 中文字幕人妻无码专区| 亚洲国产精品无码久久九九| 亚洲gv天堂无码男同在线观看| 刺激无码在线观看精品视频| 国精无码欧精品亚洲一区| 久久ZYZ资源站无码中文动漫| 人妻丰满熟妇无码区免费| 人妻丰满熟妇岳AV无码区HD| 国产乱人伦Av在线无码| 国产成人精品无码免费看| a最新无码国产在线视频| 精品无码久久久久久久久久| 日无码在线观看| 无码中文字幕日韩专区视频|