China’s Economy Fueled by Domestic Demand and Foreign Trade in 2012

IN 2012, the effects of the world financial crisis are still lingering.China’s economic rise continues to draw worldwide attention; and the appreciation of the RMB, the country’s large stockpiles of foreign reserves and its export strength are all perennial topics of debate among media commentators.With many countries around the world still ne- gotiating the rapids of economic recovery, will China avoid the tumult and chart its own smooth course of growth over the next couple of years?     

What Are the Real Problems of China＇s Economic Growth？

正CHINA is the world’s second-largest economy,and how its economic growth progresses will inevitably influence that globally.The outside world has followed closely the sustainability of China’s economic growth.Such interest was the basis for the BBC documentary How China Fooled the World.The documentary is centered around China’s economic growth having been driven by vast amounts of credit from the banking sector over the past few     

Why China’s Economy Will Grow Strongly in 2012

THE start of 2012 is a suitable moment to look at China’s economic prospects for the New Year. The overall outlook is clear-China’s economy will continue to grow strongly,remaining the world’s fastest growing major economy and outperforming Western pessimists’ predictions.     

An Invitation to the World

The first China International Import Expo (CIIE) will take place on November 5-10, and as the first ever expo in the world with imports as the theme, it will be a big event with an eye on pressing ahead with a new round of opening up at a higher level. This will be a major step in China's resolute support for economic globalization and the country's active opening up of its mar-ket to the world.     

Stimulus and Strategy

Officials and experts discuss obstacles and solutions in China’s economic growth china may have impressed the world with its rapid recovery that helped lead the global economy out of the financial storm, but now economists     

SHOULDERING RESPONSIBILITY

<正>China emerges as a major contributor to global economy and governance From the macro perspective of economic size and growth speed,China is the world’s second largest economy,with its GDP growing 6.7 percent and reaching $11 tril ion last year.It contributed more than 34 percent to the world’s gross value added in     

China Opens Innumerable Doors

Accurately analyzing and predicting China’s economic development has earned me a living and opened innumerable doors,for more than 20 years.It also brought the satisfaction of seeing individual interest and skills linked to the world’s biggest story-the growth of China’s economy and its"national revival."My relationship with China started unusually as I analyzed its economy for more than 20 years before I could make a visit The interest started in the 1980s when,for theoretical economic reasons,I concluded its economic     

INTEGRATION,GLOBALIZATION AND A BETTER WORLD

正President Xi reiterates China’s commitment to further opening up at the Boao forum Amid a rising tide of trade protectionism in some parts of the world,Chinese President Xi Jinping has declared that China will expand its opening up and continue to advance cooperation with its economic partners.     

Gates Wide Open

<正>China vows to further open up its market to spur international and domestic economic development China’s entry into the WTO 10 years a go was a major step in the country’s reform and opening up. It indicated the "beginning of a new historic stage"in the country’s interaction with the rest of the world, said Chinese President Hu Jintao, at a high-level forum marking the 10th anniversary of China’s accession to the     

PRAISE AND CONCERN AT BOAO

China’s plans for further economic development and reform were highly lauded, but its challenges were not overlooked The just concluded Boao Forum for Asia (BFA) Annual Conference 2013 was probably the busiest one in its history, with over 2,500 political and economic leaders from 43 countries and regions from around the world discussing or debating topics such as the global economic recovery, Asian integration and the     

REACHING CONSENSUS TO ASIA-PACIFIC PROSPERITY

正Is an Asian version of the EU possible?With China’s help,it just may be In the past few decades, Asia has been the region with the world’s most dynamic and fastest growing economic development Since the global financial crisis broke out in2008, Asia has once again become an important engine driving global economic recovery and growth.During this amazing period of growth the contribution of the Chinese economy has been obvious. The rapid growth of the Chinese economy has benefited from the     

A Pearl Embedded in the New Silk Road——An Exclusive Interview with Mayor of Kaifeng Ji Bing

正KAIFENG,located in the heart of China,was the world’s biggest and busiest city during the 11th and 12th centuries.As the intersection of the land and maritime Silk Roads,it was a place from where goods were dispatched and traders from the East and West met.Today,it is a major city in the central China economic region due to its integrated development with Zhengzhou,capital of Henan Province.     

Symbiotic Development

China’s 30 or more consecutive years of express economic development have made it the world’s second largest economy.Growing pressure to sustain economic growth has led to the country’s new policy of innovation and opening-up.It will generate suffi cient economic momentum to take China to the medium and high end of the industry chain,and at the same time create new opportunities for the world economy.     

Golden Chance For Prosperity

<正>The northeast’s partnership with more developed regions will aid its revival China’s northeastern region,once the nation’s heavy industry hub,has suffered stagnant economic development since the late 1990s.Regional economic performance,although greatly improved in 2016,remains less than satisfactory,and revival of the region’s three provinces—Liaoning,Jilin and Heilongjiang—still has a     

Charting Course to Navigate Economic Headwinds

Reform, opening up and consumption will be China’s major tools to help keep the economy growing steadily during the second half of the year and beyond,with the country’s policymakers unveiling a general roadmap to help navigate through economic headwinds.     

Go West: China’s New Future

The economic model based on exports and attracting foreign investments is called the small country model. When China became the world’s second biggest economy, its economic model began shifting to expand domestic demand and construct an open economy with internationalization at its core. Big changes started in 2012 when Chinese economic     

What Can the World Expect From China?

正The core of the message to the outside world lay in President Xi Jinping’s assertion that the international community expects to hear China’s voice and be aware of China’s plans and China will not be absent from the world’s debate.This is not new,of course.For some time now,the world has recognized China as a force to be reckoned with.But in order to understand what the world can expect from China in 2016,it is useful to analyze the carefully considered content of the president’s     

Bilateral Relations Intac Amid Debt Issues

正The international community is ablaze with questions as the economic situation deteriorates in Venezuela.Will the country default on its debts?What will China—one of Venezuela’s top creditors—do in the face of this dilemma?China has already consulted with Venezuela on its debt issues.While it’s natural for the former to be worried about the latter’s problems,reaching the conclusion that these issues will twist the relationship between the two countries is a stretch.     

China＇s Changing Development Pattern

正DATA available on the world’s two largest economies,China and the U.S.,for 2013provide an opportunity to take stock of China’s immediate economic prospects and the more general challenges facing its economic development strategy.     

Why China Will Grow Rich Before It Grows Old

正THE announcement of the relaxation of China’s one child policy created great discussion in China and internationally.But its significance was widely misunderstood.Contrary to myth,the increase in China’s labor supply plays little role in China’s rapid economic growth.In reality,96 percent of China’s economic growth comes from factors other than a rising labor supply.Therefore,there is no reason why China’s economy should slow significantly because China’s working age population stopped growing in 2012.The mistaken view,sometimes expressed,that China will grow old before it becomes rich is therefore the reverse of the reality:China will grow rich before it grows old.To demonstrate clearly why,first the facts will be stated and then their implications analysed.