Guest Opinion: China's economic miracle continues Amid unprecedented uncertainty and pressure in the domestic and international environment, China's economic growth beat the whole-year target of around 5 percent set at the beginning of the year. by Xin Ping The few China-naysayers must be surprise...
The speed of foreign capital inflows and the growing trade volume show nothing but the great confidence in the Chinese economy and the leading role it played in the world economy. According to the International Financial Forum, China contributes 32 percent to the global economic growth in 2023 an...
Since reform and opening-up in 1978, China’s economic growth miracle has been achieved mainly with an investment-intensive growth pattern, demographic dividends, and improved resource efficiencies as China embraced a market-ba...
In the past 30 years, China has achieved average annual growth of 9%, which is considered to be China's economic miracle. China's economic development is achieved by exploiting the economic potential of internal factors in a favorable external environment. The economic globalization process brought...
China's economic miracle is considerably more due to entrepreneurship and gradual liberalization than to the increase of state control. It is crucial to recognize the contribution of hard work, pragmatism, entrepreneurship, and the rule of law to China's historical success and potential for the fut...
BEIJING, March 4 (Xinhua) -- A new chapter of China's economic miracle has been written since the end of 2012, as Xi Jinping's thought has propelled unprecedented changes toward innovative, coordinated, green, open and shared development. ...
Watching China’s Economic Miracle (and Relevance) Fade Before Our EyesGary Stringer, Kim Escue, & Chad Keller, Stringer Asset Management December 6, 2024 China’s economic ascent over the past four decades has been a remarkable story of growth driven by rapid industrialization, export...
阅读理解As China' s economic miracle develops, the marketopportunities for all sorts of luxury goods and services areincreasing. Luxury consumption in China now extends waysbeyond well-known car, clothing and jewelry brands. Forexample, the luxury jet market in China is the fastest-growing inthe ...
The reform and opening-up was the force behind China's economic miracle over the past four decades, as the country's GDP grew 33.5 times from 1978 to 2017 with an average annual growth of 9.5 percent, according to Xinhua News Agency. It also upgraded China to the world's second-largest...
A "dual-track" approach of transitional subsidies and market liberalization has "allowed China to achieve, on the average, 9.7 percent growth rate continuously for 35 years; it's a miracle in human history," said Justin Yifu Lin, former World Bank senior vice president and chief economist, in...