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.
We are confident that in Samarkand we shall witness the birth of a new stage in the life of SCO – the number of its members will grow, and its future agenda will be formed, and this is highly symbolic.
‘Debt trap’ accusation against China is a deliberate attempt to undermine the BRI. Loans from China are used to build infrastructure projects that boost productivity and increase repayment capacity, whereas loans from the West are normally used to cover trade and fiscal deficits at high-interest rates.
As two intimate neighbors, China and Nepal will continue to develop and improve through sustained efforts and cooperation. The U.S. in this context will always be secondary to China.
Chinese economy has remained robust despite various risks and challenges, injecting great momentum into global economic recovery.
The roadmap-style report contained not only a summary of the Chinese government’s work over the past year, but also outlined the country’s future priorities and goals for socioeconomic development.
China and India should focus on key areas and drive bilateral cooperation on biodiversity to a deeper level.
What is the significance of the 14th Five-Year Plan for China’s future development? What can India learn from China’s experience in development?
The methods China adopted to eliminate poverty offer some important lessons for India, despite the political and governance conditions in our two countries being vastly different.
China has been carrying out higher-level opening up with the pursuit of win-win collaboration, which is set to bring new vigor to the global economy. The CIIE has become a major platform for global enterprises to explore and expand in the Chinese market.
Bringing strong pitches for increasing exports to China to reduce the trade deficit, Indian businesses have made strong showings at all three past CIIEs.