The year 2018 is very special to China, as it marks the 40th anniversary of the country’s reform and opening up. And after such time, with the relentless efforts of the Chinese people, China is one of the world’s economic leaders. The country is in a mood of reflection, while continuing to look forward. The goal is to emphasize that China’s influence on the world comes not only as a hard power, but as a soft power as well.
US, British and French forces fired over 100 missiles at Syria last weekend, accomplishing a so-called "perfectly executed strike." During his visit to Peru, US Vice President Mike Pence said the US was "prepared to continue this effort until we are assured that chemical weapons will never be used again against innocent civilians in Syria."
Trade protectionism is beneficial to certain economies in the short term, but it is detrimental to the global market. Therefore, trade protectionism is a utilitarian manifestation that lacks a global trade perspective, and the 10-year crisis cycle also showed that trade protectionism slowed the process of global economic recovery.
The 40th anniversary of reform and opening-up makes 2018 a banner year for China. The commitments made at this year’s National People’s Congress for a deepening of the “reform and opening up” policy also characterize a “new era” in the development of the People’s Republic of China.
In short, China`s national line of advance falls firmly in line with globalization, and with the principles that China`s national interests are complimentary to other countries` interests, and that national self-interest is the firmest guarantee that a course will be pursued.
ODA did not help with poverty reduction, economic and industrial growth. Quite the opposite: African countries have developed an institutional dependence on ODA, which limits local governance ability.
The changing pattern of global economic development has given rise to new proposals of international relations and cooperation. From Davos to Boao, a community with a shared future for humankind is China`s proposal as it develops into an influential global power amid historic changes. China`s proposal has the potential to promote global development in a more equitable and fair manner.
A trade war does not make economic sense, and it does not help solve the structural problems that US economy truly has. A much more plausible way to understand Trump`s trade war mentality is to see it as a political gamble rather than an economic move.
Since China proposed the Belt and Road Initiative (BRI) in late 2013, the impacts of the 21st century Maritime Silk Road (MSR) construction on the South China Sea (SCS) issue become a focal point of both academic research and public concern.
The common rise of China and Russia is the rejuvenation of peace and cooperation. Reform is an important guarantor of peace and promoter of cooperation. Both countries are committed to promoting shared rejuvenation, a theme that accords with the national development priorities of many countries and coheres with their long-term interests. Yet one would be wrong to think of rejuvenation as a zero-sum game. Rather, it is a process of cooperation. Only joint reform can promote common rejuvenation.
The draconian measures being proposed now by the Trump administration, if implemented, would be disastrous for the American, as well as the world economy. It would be useful to find those projects where the US and China can work together on the “frontiers of science”.
On Sunday, the annual Boao Forum for Asia (BFA) with the theme "an open and innovative Asia for a world of greater prosperity" will open in south China`s Hainan Province. Over the past two decades, the changing themes of the forum have reflected Asia`s evolving role in the world economy from a marginalized community to a helping hand and now to a growth leader.
During China`s “two sessions” in 2018, Chongyang Institute for Financial Studies at Renmin University of China (RDCY) launches a series of seminars, inviting famous professors from Renmin University of China (RUC) to interpret hot topics. On the evening of March 21, the fifth lecture was given by Professor Guo Qingwang, former dean of School of Finance at RUC, interpreting the top priorities of the fiscal and taxation reform in the new era.
”President Xi Jinping’s concept of a `common future for humanity’ from its inception has been the most coherent analysis of global affairs,” said British expert John Ross in a recent interview with Xinhuanet.
China and Russia have carried out security cooperation within the multilateral framework of the Shanghai Cooperation Organization and the Conference on Interaction and Confidence Building Measures in Asia.
During the past four decades, China has reshaped itself and become the second largest economy in the world, and many seek to explore the country’s codes of success.
The story of the farmer and the viper is well-known. The freezing viper betrayed the kind farmer by biting him. Now the world is witnessing a modern version of this story.
China`s reform and opening up witnessed a "treatment after pollution" problem and learned its lesson from it. The country now vowed to not pursue economic growth at the expense of the environment - one lesson that China also wants to share with the countries joining in the Belt and Road Initiative (B&R).
Stocks fell sharply after the US President Donald Trump administration threatened to launch a trade war against China, showing how trade conflict hurts the world economy. The Organization for Economic Co-operation and Development, the West`s leading economic think tank, warned that a trade war prompted by US protectionism threatens to derail the ongoing global economic recovery, currently in its best position for seven years.
Editor`s Notes: On March 21, AmCham China hosted a forum on“US-China Relations Outlook Under Trump’s Administration”in New York. Zhang Qiyue, consul general of China in New York, Edward Cox, chairman of the New York Republican State Committee, and Wang Wen, executive dean of Chongyang Institute for Financial Studies, Renmin University of China, attended and spoke at the event.