How to Tap Residents’ Spending Power in the 14th Five-Year Plan Period
Release of the consumption potential will serve as an important driver of economic growth.
Release of the consumption potential will serve as an important driver of economic growth.
Now with the transition to a high-quality economic development characterized by a lower growth rate, we may remain guardedly optimistic about further development of the financial system to continue supporting the real economy in China.
The more China feels it is misunderstood, the more defensive China becomes. This is not going to serve China’s best interest in the long run.
China’s opening up will be unsustainable without a strong security network. A stronger fence against various security risks is expected to ensure more extensive and deeper opening up to the rest of the world.
As we move into the new year with cautious optimism while still facing lingering challenges from 2020, the annus horribilis, and prepare for other challenges, including global warming and those that have not yet emerged but surely will, here are six intersecting lessons to consider as we continue containment and recovery efforts.
The constructive re-engagement of the U.S. and China would be important not only to the two world powers, but for the world at large, and Biden has the mindset and experience to make important strides in this direction.
2020’s Top 10 nation news stories selected by Beijing Review, including fighting COVID-19, eradication of absolute poverty, space achievements, and more.
It’s hoped that the new U.S. administration will respect the Chinese people’s rights to pursue a better life, and choose to move closer toward China for the interests of its own people. Win-win is surely better than lose-lose.
The Biden administration is likely to renegotiate talks with the Taliban so as to keep a small number of troops or special forces dedicated to fighting terrorism and maintaining stability in Afghanistan, on the ground that a full withdrawal is not immediately feasible.
International commitments and continuity of policies need to be ensured. Developed nations need to update and submit new INDCs to raise their targets for increasing the use of renewable energy and cutting carbon dioxide emissions.
Given this changing global context, China’s engagement with a world in transformation is multifaceted, with the Belt and Road Initiative, a leadership role on addressing climate change, and new institutional linkages through organizations and mechanisms.
China has condemned the killing of the Iranian scientist. It stands for safeguarding the international nuclear non-proliferation system and opposes unilateral sanctions, while maintaining normal exchanges and cooperation with Iran.