In the past four decades, the Chinese economy exhibited exceptional performance. How did China manage these remarkable achievements, and what experience can it share with other developing countries in this regard?
Central Economic Work Conference emphasized the fundamental requirement of China’s economy is high-quality development. Supply-side structural reform is the biggest theoretical and practical driver of high-quality development.
Since the 18th CPC National Congress, historic achievements have been made, historic changes have happened in the party and the state as well as in economic development, providing an important material foundation for historic changes in other fields, Xi said.
Economists and academics have reacted favorably to China’s economic plans for 2018 and the country’s commitment to encourage high-quality development.
The three-day Central Economic Work Conference saw leaders analyze the country’s economic performance this year and map out plans for 2018. Here are seven major features of China’s economy for 2018 to take away from the meeting.
The world economy has fallen into a development slough since the financial crisis. Even though it has also suffered, China’s economy has maintained a relatively high growth rate and helped the world economy to gain a foothold out of the crisis.
John Ross talked about his opinions of China’s politics, economic development and international relations during the Seventh World Forum on China Studies in Shanghai on Sunday.
Compared with the economically developed coastal regions in east China, much work of poverty reduction still needs to be done in the inland border regions to the west in the following three years.
The integration of “Internet + Advanced Manufacturing” will enable China to gain greater innovative capabilities and promote China’s participation in the creation, design and sales of global products.
Why did the party reiterate the need to “unleash and develop productive forces”? Why should China maintain a sound and sustainable economic growth? What is the path for China’s agricultural and financial development in the future?
The US Federal Reserve announced a long-term balance sheet normalization plan. Starting from October this year, Fed will begin to reduce its holdings.
19th national congress of CPC has put forth the concept of innovative, coordinated, green, open and shared development and promoted supply-side structural reform. Under such guidelines, China’s economy has constantly made achievements, not only benefiting the Chinese people, but also the global economy.