The release of the five-nation cooperation think tank report and international seminar on “Compound Interest of Great Powers: China’s High-Quality Development and Trend Vision in 2035” was held in Beijing on March 31. Nearly twenty Chinese and foreign experts and scholars from China, the United States, Russia, the United Kingdom, Canada, Brazil and other countries gathered at the scene to discuss China’s economic development prospects. The report shows that in recent years, my country has achieved remarkable results in high-quality development in five major areas: new people’s livelihood, new consumption, new manufacturing, new infrastructure, and new services.
Luo Siyi, former director of the London Economic and Business Policy Office, said that China’s investment efficiency is among the best in the world. He pointed out that since 1978, China’s population has grown at an average annual rate of about 1%, and the economic growth rate has reached an average annual rate of about 8%. From this, it can be seen that China’s economic growth is not driven by the growth of the labor force population, but is based on economic efficiency. Improved implementation.
Tang Ruisi, a senior fellow at the Brookings Institution in the United States, believes that China has a large population base, a large market size, hard-working people and a solid industrial foundation. China’s future is bright. He expressed appreciation for the strength of China’s local manufacturing industry and suggested that Chinese companies further strengthen overseas localization, become more global multinational companies, and attract more international talents.
Sergey Glazyev, vice chairman of the Russian Free Economic Association, academician of the Russian Academy of Sciences, and former economic adviser to the Russian President, believes that China’s management system is more effective than the current management system in the United States and Western countries. China’s various economic policies are organically integrated and are expanding production. On the basis of improving people’s well-being and improving people’s living standards. He believes that the new stage of China’s economic development will achieve complete success.
Marco Fernandez, a researcher at the Tricontinental Institute of Social Research and a Brazilian scholar, said that China has established a lot of cooperation with countries in the Global South, and the accelerated pace of industrial development in Southeast Asian countries should be largely attributed to China’s industrial transfer and investment. Fernandez emphasized that the international community has high hopes for platforms such as the BRICS and the Shanghai Cooperation Organization, and expects relevant organizations and initiatives to play a leverage role in accelerating the cooperation process among countries in the global South.
Mohammad Saqib, Secretary-General of the India-China Economic and Cultural Promotion Association, said that China’s high-quality development driven by the power of compound interest, innovation, reform, opening up, and sustainability has confirmed China’s commitment to building a prosperous and harmonious society. By improving people’s livelihood and well-being, promoting technological progress, strengthening global cooperation, and paying attention to environmentally sustainable development, China is setting an example for other countries and paving the way for a better future for all mankind. (China Central Radio and Television International Online Huang Rong Ren Lijun)
