While China has not completely resolved all its challenges, the 13th Five-Year Plan has set the stage for the deepening of economic and social development as the country looks to become a high-income economy.
How did China triumph against the pandemic? The answer lies in the country’s aggressive and uncompromising approach to containing the COVID-19 pandemic and its success in quashing the second wave.
In the post-epidemic era, the FOCAC will continue to strengthen China-Africa cooperation in the areas of health, economic revitalization and ensuring people’s livelihood, so that the people of China and Africa can reap more happiness and gain from China-Africa cooperation.
Only by working together can the world feasibly overcome the damage caused by COVID-19 and return to normal life – it is no good if some regions of the world have access to a vaccine, but others do not.
China’s down-to-earth strategy to eradicating poverty and improving people’s living standards has important practical significance for other developing countries in poverty reduction.
Despite current challenges, China will continue to look increasingly to boost its high-quality development so as to achieve the desired level of prosperity by the mid-21st century.
Life in China is very close to normal. Consumption is up, restaurants are packed, concerts are being held, and museums are open. Other countries should perhaps take lessons from China. That is, if you take aggressive measures and can bring the coronavirus under control, then you can return to life as normal, rather than living constantly under fear and restrictions indefinitely.
The Trump administration believes strongly in a foreign policy of “unilateralism” – that is, America’s interests should be forced on other countries and bodies rather than engaging in politics of compromise and consensus. This poses a threat to the United Nations and the cause of cooperative global governance.
America’s illegitimate unilateralism has not gone unnoticed by other countries, including its own allies. With every abuse of power, the U.S. is harming its image on the world stage.
Nevertheless, while the panel’s ruling is a setback for the United States, it is a victory for China, which will never stop working to safeguard its trade interests in a manner consistent with the WTO.
The theory promotes ownership in two ways. First, it calls for a bigger involvement of the Global South and its representatives in the U.N. human rights framework. Second, there should also be more room for approaches valued in the Global South.
The financial sector attracts some of the most visionary and clear-eyed risk-takers and decision makers. Their confidence in China’s financial services opening and reform should be a source of encouragement for those who see the value of greater openness and integration.
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