After the law is promulgated and implemented, the registration procedures for foreign businesses will be reduced and the time required will be shortened, bringing great convenience to foreign investors.
More than coincidence, the historical inevitability evidences that China-U. S. relations have been closely associated with China’s reform and opening up since the very beginning.
The remarkable economic achievement did not happen following the Western world’s favored developmental tools, but rather through China’s unique path.?
The Belt and Road Initiative is not meant to supplant the existing international order, but rather to complement it.
This year marks the 40th anniversary of China’s reform and opening up. Just as Chinese President Xi Jinping pointed out in the report delivered at the 19th National Congress of the Communist Party of China (CPC), Chinese people today are closer, more confident, and more capable than ever before of making national rejuvenation a reality. The major reasoning for President Xi’s statement is China’s achievements over the past 40 years. In 1978, China’s per capita GDP stood at only US$155, and more than 80 percent of its population lived in rural areas. At that time, China’s imports and exports accounted for only 9.7 percent of the country’s total GDP. Essentially, 90 percent of the country’s GDP was not related to the international economy. However, over the 40 years since China’s historic reform and opening up, the country’s GDP has averaged an annual growth rate of around 9.5 percent in comparable prices. In human history, never has a country with such a huge population and weak foundation been able to realize such a high-speed and long-term growth. It is more than appropriate to call China’s progress over the last 40 years a “China miracle.” In the 1980s and 1990s, almost all developing countries, socialist countries included, carried out reform and opening up. However, instead of prosperity, these reforms caused economic collapse, […]
During the seven years after the program was implemented, the central government invested 124 billion yuan in poverty alleviation, and the rural poverty stricken population dropped from 80 million to 32 million.
In many Indian places I visited, I have been impressed by the profound friendship between Chinese and Indian people.
African companies showcase their products at import expo for Chinese consumers.
When China and the U.S. are good trading partners, it increases everybody’s standard of living.
The country will not close its door to the world and will only become more and more open.
Development is not a zero-sum game—it should tend toward win-win results achieved through openness and cooperation.
The short-term dividends of Trump’s new fiscal, trade and financial policies will gradually be exhausted, and the structural factors that limit economic growth and the negative effects of the trade war will begin to emerge.