The original executive of the World Bank: The mystery of the glorious development of New China is worthy of attention
October 08, 2019 09:06 Source: "China Social Sciences" Journal of Social Sciences, October 8, 2019, Total No. 1788 Author: Our News reporter Wang Youran

The official website of Singapore Asia News Recently published the Director of the East Asia Research Institute of the National University of Singapore、Professor,World Bank China、Bert Hofman, former director of the Mongolian and South Korean bureaus, "70th Anniversary of the Founding of New China: Reform、Achievement and Challenge ", Achievements and Challenge。He said,National Day 2019 is a good time to review the 70 -year journey of New China。First,helps to correctly understand and write history; bet365 live casino games second,Understand the foundation of the success of New China — the road that has passed、The background of historic decision -making and its impact on the development of China's economic development -will play a guidance on China's future reform; third,China's current position in the world economy -important investment and trading countries、The rising innovative country -means understanding China's development trajectory is very necessary。

He said,When the founding of New China was a poor country,But in the early stage, a certain progress has been made。1951-1977 Chinese per capita consumption increased by about 50%,1950-1980 The average educational age of Chinese labor age increased by more than 2 times。but but,truly making China the second largest economy in the world、The first trading country and the urbanization rate of the bet365 best casino games resident population nearly 60%is more than 40 years of reform and opening up。

Hao Fuman thinks,China's reform and opening up follows the route recognized by the mainstream economics community,If you open foreign trade and investment、Lay price control、Diversified forms of public ownership、Encourage the development of the private sector、Strengthen property rights protection、Increase infrastructure and people's livelihood investment。The relatively stable macro economy has transformed China's high savings into high investment and fast urbanization,Then accelerate structural transformation and improvement of productivity。At the same time,The gradual and pragmatic characteristics of China's reform and opening up have played an important role。

Hao Fuman told this reporter,One of the most important factor in the success Bet365 lotto review of New China is to have the ability to learn from their own and other countries and apply these experiences to the specific national conditions of China。China has been actively participating in international exchanges and bilateral cooperation, and formulated and implemented several development plans with world influence,Including the proposal "Belt and Road" initiative、Established Asian Infrastructure Investment Bank。In recent years,China’s scientific and technological research and development capabilities have significantly enhanced,High R & D investment。Chinese universities ranked rapidly on the global college rankings; China's labor quality is also increasing rapidly。Therefore,China is becoming more and more capable of contributing to solving problems facing the present and future global。

bet365 best casino games Since the global financial crisis from 2007-2008,Many countries have stagnation of productivity growth。Find the balance point between the government and the market role,is the key to solving this problem。The Chinese government emphasizes the need to improve the governance mechanism of state -owned enterprises、Improve the operating efficiency of state -owned enterprises。Recent Sino -US trade frictions have intensified to bring adverse effects to the economy of the two countries。As far as China is concerned,Continue to deepen reform -improve the mixed ownership economic operation mechanism、Further open market、Absorbing the technical and management talents and concepts required for catching up with developed countries,It will help cope with impact。Further opening up the Chinese economy will also promote Bet365 app download competition,Then inspire innovation、Improve productivity。

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