Given current geopolitical conflicts and trade and investment protectionism trends in the global context, Chinese and U.S. companies should engage in more effective and flexible cooperation in global value, industrial and supply chains.
China’s low inflation, low fiscal deficit, and low government debt make its macroeconomic environment more favorable than that of the U.S. and Europe, allowing China to adopt a wider variety of economic stimulus policies without worrying about inflation.
China will innovate at a faster pace and achieve high-quality growth. New strategies and robust plans will continue to emerge for wider integration at both regional and global levels.
The founding of the People’s Republic of China only marks the completion of the first stage of the Chinese revolution. Now it is heading for a prosperous China, a socialist modern country at a higher stage, which is the ultimate goal of mankind stated by Karl Marx.
Reliance on and service to the people have been the fundamental tenet of the CPC since its founding.
Over the last decade since the introduction of the BRI, the growing China-Indonesia cooperation has released new drivers of growth for the development of the two countries.
The BRICS expansion symbolises a commitment to a new era of global cooperation, where the collective strength of emerging economies and developing countries converges to address the pressing issues of our time.