This would simply benefit not only the U.S., but also the entire world. From a purely American perspective, the international institutions that the U.S. helped build allow the country to push its own interests. The U.S. ignores the world at its own peril.
Governments of emerging economies must build more hospitals, train more doctors, and invest more in health care systems.
China is building resilience and is expanding its innovative production and outreach. This is how it will take an important part of the global industrial and supply chains not only through manufacturing but also via technological advancement and science progress.
China’s continued opening-up along with its vigorous international circulation may play a stabilizing role within the global economy. Meanwhile, China’s gigantic domestic demand, while being released in its domestic circulation, will lead to its sustained economic growth and further opening-up.
China remains committed to globalization, which is the best development path for the world, and uses every opportunity for internationalization, but in the new situation its domestic economy will dominate.
I was in China from January through March. I can say that, from firsthand experience, the Chinese people made great sacrifices to choke off an increase in the spread of the virus.
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.
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