It is imperative to address such global problems as sluggish economic growth, shortcomings in economic governance, and imbalanced economic development. It is no longer acceptable that only a few countries dominate world economic development, control economic rules, and enjoy development fruits. 共建“一...
"China's economic development has made it a key player in the global economy which we believe will continue to shape global economic growth and technological innovation in the years to come," said Otranto. HIGH TECH, HIGH QUALITY "There are many notable signs that China is switching its ...
High-quality development means shifting the growth model from crude to intensive, with a focus on innovation. It will no longer be mainly driven by traditional factors such as labor, capital and land but by new innovative factors such as information technology, big data and artificial intelligence...
So, what exactly is high-quality development? And what are China's plans to achieve it? QUALITY OVER QUANTITY High-quality development means a change from merely seeking growth to seeking better growth and seeking quality over quantity.
Answer: D Topic: Capital Stock Skill: Conceptual Status: Previous edition, Chapter 1 AACSB: Reflective Thinking 29) In economics, the term land means A) only land that is used in agricultural production. B) land, mineral resources, and natures other bounties. C) land that is devoted to ...
This philosophy for green and sustainable development has well depicted one of the defining features of China in the new era. It means that Beijing, when pushing forward China's development, is committed to maintaining harmony between humanity and nature. ...
intervention is needed to detract resources from one area to address the cost or exposure of another. Consider the example of an oil spill; instead of those funds going to support innovation, public programs, or economic development, resources may be inefficiently put towards fixing negative ...
User Fees and Economic Development Within international development circles, user fees refer to a system fee for fundamental health care, education and other essential services implemented by a developing country to make up for the costs of these services. For one, the International Monetary Fund oft...
In the simplest terms, economic growth means that more will be available to more people, which iswhy governments try to generate it. However, it’s not just about money, goods, and services. Politics also enter into the equation. How economic growth is used to fuel social progress matters....
addition, the pooling of funds means there can be a larger capital base to invest, which can broaden the opportunities and help diversify risk. Nevertheless, if you join a closed fund, there could be a uniform contribution required. This means each investor must commit to the same level of ...