Structural Reform Progress
The Chinese economy’s performance this year proves that the decision to push forward supply-side structural reform was the right call.
The Chinese economy’s performance this year proves that the decision to push forward supply-side structural reform was the right call.
For the U.S., the threat to its currency domination stems from its own backyard. If the U.S. continues to overdraft its credit, this will signal the prelude to the dollar’s downfall.
The future of the ASEAN-China relations is inseparable from the collective wellbeing of the people in the region. Ultimately it’s the winning of hearts and minds of the people through soft power that will chart the course.
The GDI, in the spirit of prosper-thy-neighbor, presents a refreshing model that can help in building mutual trust, managing conflicts and bringing stability amid uncertain times.
The GDI gives impetus to the profound vision of a community with a shared future for humanity. A paradigm away from the unhealthy and anti-competitive behavior is critical as this is leading to a regressive, hostile and destructive global environment.
At present, when forces contrary to multilateralism and the democratization of the international system seek to impede the advances made in China-LAC relations, it is always opportune to remember the achievements already made.
Though the GDI intersects positively with other Chinese global development efforts, including the Belt and Road Initiative, it better exemplifies the sort of multilateralism that runs contrary to hegemony-seeking tactics.
As China widens its doors, the LAC countries have also been opening up their markets. The two-way opening up will benefit people on both sides.
China has made solid efforts to ensure zero dropouts at the compulsory education stage. The country achieved new progress in its promotion of a balanced and integrated development of compulsory education in urban and rural areas.
For Britain and China during Queen Elizabeth II’s long time on the throne, despite often huge challenges and great difficulties in the bilateral dialogue, the two sides never stopped talking to each other.
Government policies, market environment and expectations all impact investor decision-making. The world may take a cue from China’s economic recovery and adopt an open and cooperative attitude toward all so as to salvage the global economy.
Looking forward, China will work with other SCO member states to make greater contributions to global and regional peace and development.