Digital Economy Is Reshaping China’s Economic Structure
As a new bridgehead for global economic development, digital economy is quietly changing the international economic structure, and China is leading the field.
As a new bridgehead for global economic development, digital economy is quietly changing the international economic structure, and China is leading the field.
The most remarkable achievement of the NDB – as well as BRICS – is pragmatic cooperation despite political differences. At a time when the world is breaking up into blocs hostile to one another, this remains a good example to keep in mind.
Over the past 25 years, Hong Kong has secured impressive progress on multiple fronts, and emerged stronger as an international financial, shipping, and trade center.
Since the end of the Cold War in 1991, each subsequent U.S. administration has emphasized that it is ‘on the right side of history,’ despite their expansionist attempts with catastrophic results, such as in Afghanistan, Iraq, Syria, and Libya. From these instances, it is obvious who the real expansionist is.
The new electoral system has set things right, rebuilt political loyalty and meritocracy under the ‘patriots administering Hong Kong’ policy, and guided Hong Kong’s democracy on a rational and right track.
More efforts will be made to open up wider, and more support will be extended to stabilize foreign trade and investment.
Asia, with China in a preeminent position, has become the geo-economic meridian of the globe and this decade confirms that reality.
China is the only country that has spent a mere two generations’ time to grow from an underdeveloped agricultural country to a modern state, setting an example that can be replicated.
China works to build the BRI into an initiative of peace, prosperity, openness, green development, and innovation that brings different civilizations closer.
Thanks to a vast space program, China is heading towards a renewed understanding of the solar system, a giant step for all mankind.
The real problem here is the futile attempt to impose some kind of global imperial control on the world as a whole. Empires have never ended well, nor have attempts to control the world by a small group of countries.
China and the EU, representing two great civilizations that have advanced progress of humanity, have the potential to play a leading role in steering the now turbulent world towards peace and prosperity by working together.