China Needs the World,and the World Needs China——Mr.Li Lanqing on China's economic opening to the outside world

Mr. Li Lanqing, Vice Premier of the State Council, expounded on China’s economy heading towards the 21st century,at the 32nd ICC World Congress. He said: China is greeting the 19th year of its reform and opening to the outside world. In the past 18 years, especially in the 1990s,China’s economy, as an integral part of the world economy, has assumed three interrelated new features, under the circumstances of speeding up the development, deepening the reform, and expanding the opening. 1. Lasting trend for sustained and rapid economic growth. China has 1.2 billion people with everrising income and consumption levels and huge market demand, and the Chinese people have the habit of saving. So there are large amounts of bank deposits to

Political Parties' Wisdom and Strength for Global Economic Governance Keynote Speech at "The CPC in Dialogue with the World 2016"

Distinguished Guests Ladies and Gentlemen,Friends,It’s a great pleasure to meet all of you in the autumn of the beautiful city of Chongqing to open a window of dialogue and to have an exchange of ideas.First,on behalf of the Communist Party of China(CPC)and the Chinese government,I would like to extend my warm welcome to you and my congratulations on the opening of'The CPC in Dialogue with the World 2016'.Not long ago,the G20

Political Parties Have a Role to Play in Innovating upon in Global Economic Governance:Sidelights of "The CPC in Dialogue with the World 2016"

BETWEEN OCTOBER 13 AND 15,2016,hosted by the International Department,the CPC Central Committee and organized by the CPC Chongqing Municipal Committee,the CPC in Dialogue with the World 2016was held in Chongqing.Themed'Innovation in Global Economic Governance:Initiatives and Actions of Political Parties',the annual event was

The Economic Contribution and World Influence of China's Reform and Development Governance

This article summarizes a series of valuable accomplishments of China's government in promoting economic development, reducing poverty, maintaining social stability, and increasing people's prosperity since 1949. It summarizes the economic analysis framework of development governance in mainstream economics, and further analyzes the connotations and extensions of the conceptual framework. This paper also summarizes some of the core economic characteristics embodied in China's Reform and Development Governance since the reform, and further explores the necessity and direction of its future modernization and its impacts on different countries and regions in the world.

China's Economy Approaching the World Economic Track

The year 1993 was the fifteenth of China’s reform and opening to the outside. Its economy sustained double digit growth for two years running. Last year, domestic GNP was RMB3,138 billion, a 13.4 percent increase compared with the previous year’s 13.2 percent.

The Big Eurasian Partnership as a Model of a New World Order:from the American to the Asian World Economic Paradigm

The paper applies the conception of world economic and technological modes’changing in order to justify the emergence of a new model of global economic order.The research is focused on the justification of the Big Eurasian Partnership(BEP)as such kind of pattern.We’ve started to form the basis and create a Road Map for the BEP building.First of all,we determine the conditions for the BEP construction taking into account the logic of switching from the American(Imperial)to the Asian(Integral)world economic paradigm.The paper also includes clear author’s definition of the BEP and the formulations of the goals for its creation.The author puts forward the principles of the Big Eurasian Partnership,reveals the active zones of conjugation processes in the space of the Big Eurasia and highlights the positive effect from the interconnection of the countries within the BEP construction.It is also showed in the paper how different international initiatives uniting the countries(like“Belt and Road”initiative of China,Eurasian Economic Union,etc.)can co-exist within the common BEP concept.The paper contains the results of scientific diplomacy worked out by the author according to the general idea of Russian President.

CONSTANTLY IMPROVE AND DEVELOP INTERNATIONAL PATENT SYSTEM,PROMOTE SCIENTIFIC AND TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF COUNTRIES AROUND THE WORLD

When the human society steps into a new epoch, we, in cooperation with the World Intellectual Property Organization (WIPO), hold the Sino-African Intellectual Property Forum, on which we may exchange experiences in developing intellectual property systems and discuss issues of common concern. The themes listed in the agenda not only mirror the emerging issues of the development of the international intellectual property system, but also carry significant weight to

Beliefs and Economic Growth： Cross National Evidence Based on the World Values Survey (WVS)

This paper is concerned with the relationship between beliefs and economic performance and explains the differences of country performance in global economic growth over the past two decades based on the composite belief index comprising the beliefs on trust,social justice,competition and work-leisure.By influencing personal motivations,beliefs shape society and the institutions and policies of a country in the form of collective ideology.Beliefs demonstrate great differences across countries and change with time,which helps explain the country and intertemporal differences of growth.This paper also found that China s composite belief index is very high,which helps explain China's economic growth miracle.

Impact of the World’s New Technological Revolution on Economic Development and Educational Reform in the Information Age

The fourth industrial revolution of human society is also known as the“world’s new technological revolution,”which has brought human society into the information age and has had an extremely important impact on economic development and educational reform.In the information age,economic development and wealth creation are dominated by the acquisition,mastery,distribution,and utilization of information instead of capital.Therefore,the cultivation of talents is very important,and educational reform is imperative with the rise of the world’s new technological revolution.

Economic Development on the Roof of the World

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BASIC FEATURES AND TRENDS OF THE ECONOMIC BASE OF BEIJING

In China, systematic studies on economic base of a single city are very weak. Based on the 1990 census andrelevant statistics during 1990 - 1994, a comparative study is conducted on Beijing, Shanghai and Tianjin. The majorconclusions are as follows: (1) Beijing is not only the national political and cultural center, but also the national economiccenter, viz the commercial service center and the low water-consuming, light polluting, external economy-typed andknowledge-intensive manufacturing industrial center, which is appropriate for Beijing’s comparative advantage. (2) Thehigh water-consuming, heavy polluting and regional market-oriented industry is overdeveloped as far as Beijing’s scarcewater and other natural resources are concerned. (3) Beijing’s industrial base is smaller, more regional market-based, andthe service base is more diverse, larger and more national market-based than Shanghai’s and Tianjin’ s. (4) With the development of socialist market economy and implemenl of sustainable development strategy, the external economy-typedand knowledge-intensive manufacturing industry with lower input of water and less environmental pollution, and information-intensive service industries will centralize further, and the industry with higher input of water and/or severe environmental pollution will decentralize.

CHINA: A COUNTRY OF THE THIRD WORLD OR THE THIRD GREAT POWER?

In 1990, World Bank and IMF calculated China's GDP with Purchasing Power Parity (PPP). World Bank estimated it at 1,950 U.S dollars and IMF did it at 1,300. According to this figure, China ranked next to U.S. and Japan in the world. This result has created a dispute whether China is a country of the Third World or the third great power. For explaining this question, measuring system of the PPP and traditional exchange rate must be exanined first.

The Current Status of World Protection for Mangrove Forest

Mangrove forests occur extensively in the tropic areas rich in wildlife and other non forestry resources and provide a wide array of raw materials for livelihood and production processes and have been a major source of income generation and subsistence for the local people. Exploitation of timber, fuel wood, poles, industrial raw material, and many other non wood products from the mangrove forests give rise to large scale economic activity and income generation. At present, mangrove forests are facing great peril. Reckless exploitation and swampland reclamation result in their gradual degradation. This article deals with the worlds mangrove forest resources and their benefit to people; describes the current status, points out the main causes of the destruction of these forests, presents proposals for protecting mangrove forests, and discusses international cooperation in protecting the world’s mangrove forests.

Perspective of World Economy and China's External Economic Environment

Owing to a series of impacts of the "9·11 terrorist attack," the accounting scandals of big companies, Iraq War and the SARS crisis in the past two years, the world economy that might have rebounded forcefully has been on a wavering process of slow recovery.

Philosophy of Economic World： Ontological and Epistemological Dimensions

The article is dedicated to the analysis of philosophical understanding of the current economic world. In the existent interpretations of the economic world physical, biological and psychological approaches predominate. They highlight certain important aspects of economic realm, but do not provide a complex global picture of it. The philosophical method used in the article structuralizes the economic world in the context of Aristotelian doctrine concerning economic reality and economic being and Heidegger＇s fundamental ontology. The main attention is paid to the ontological and epistemological aspects of the economic world. The structure of the economic world is considered as a whole and in its dimensions （the economic being, the economic existence, the economic actuality, and the art of economics）. Economic being is considered as a ground, prerequisite, economic background of economic existence. It is resumed that the qualitative analysis of the economic world has to be based on the philosophical, general scientific and economic methodology. Philosophical methodology includes general principles of cognition and categorical structure of science （i.e., structural components） as well as a philosophical knowledge system （i.e., functional components）. General scientific methodology is based on general scientific research principles. It includes all theoretical concepts used to all or the majority of scientific disciplines. Specific scientific methodology, economic methodology use appropriate methods, research principles, and procedures in economics. The art of economics （economic policy） is built on a basis of either the explanatory methodology or applied （engineering） methodology, with its precise tools of statistics, econometrics, and mathematics.

2018: FADING MOMENTUM IN WORLD ECONOMIC GROWTH

In 2018,the world GDP grew by around 3.7% measured at purchasing power parity(PPP)and 3.2% if measured using market exchange rate,growing steadily at the same pace as the previous year The world GDP growth rate rose rapidly from 3.3% in 2016 to 3.7% in 2017,with an increase of 0.4 percentage point.However,this trend of rapid increase in GDP growth rate failed to sustain in 2018.As the world economic growth is losing momentum,world economic growth is likely to shift further to the downside in the future.

World Economic Globalization: Positive Role

By the globalization it means a type of movement process of the world e-conomy at large. It primarily means that the allocation of productive re-sources has transcended the scope of a nation and that 1he optimal of pro-duction factors is realized on a regional and even a global scale. This re-quires all countries to become more open and their economies to becomeincreasingly marketized, thus increasing the degree of mutual

ECONOMIC GROWTH AND CYCLES IN MODERN CHINA

If the theory of cyclical fluctuation can be applied to modern China, the economic development ofChina in this period can be seen as consisting of several stages. At each stage as well as in the wholeperiod, chosen index system is likely to help measure the growth rate. By vertical and horizontal com-parison, this paper will try to settle the disputes on China’s modern economic development.

China’s Economic Growth and High-Quality Development:2020-2035

The time period between 2020 and 2035 is vital for China to achieve its second centennial goal.During this period,China must avoid the middle-income trap and achieve socialist modernization.To accomplish this goal,China must maintain a certain pace of economic growth and strive to double its real GDP per capita by 2035.However,by the current growth trajectory,China’s average economic growth rate is expected to stay at approximately 3.8%over the period between 2020-2035.This makes the GDP per capita growth target hard to achieve.Even when in a high-quality development stage,China should speed up economic growth while enhancing growth quality.Speed and quality are interdependent rather than contradictory with each other.To ramp up economic growth potentials,China must proceed with market-oriented reforms and shift economic growth drivers.To improve economic growth quality,household consumption should be increased to unleash China’s full potential,not only as the factory floor of the world but also one of world’s biggest markets,i.e.“dual circulations.”With appropriate policy response,China’s economy will be poised to achieve the goal of doubling real GDP per capita by 2035,marking a large stride in its economic aggregate and urban and rural household per capita incomes.