www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Featured Contributors

China to undertake broader execution of structural reforms

By Dan Steinbock | chinadaily.com.cn | Updated: 2017-03-07 15:28

From strong economy to higher living standards

In the past, the five-year plans have focused on accelerating the growth and strengths of the Chinese economy. In 2010-15, the annual GDP growth rate was 7.8 percent. In 2016-20, it will be closer to 6.5 percent. That is very much in line with economic development worldwide. Historically, industrialization accelerates growth, while the transition to post-industrial society means deceleration of growth.

In the past decades, the focus was still on growth and the Chinese economy. Now it is on living standards and Chinese people. The goal is to become a “moderately prosperous society” by 2020. The tough objective requires doubling GDP per capita from the 2010 level, while 55 million Chinese will be lifted from poverty.

Let’s put this goal in context. In 2010, average living standards – as measured by inflation-adjusted GDP per capita (PPP) – were about the same in China, Peru and Namibia, according to data by the International Monetary Fund (IMF). By 2020, standards are expected to be 2.3 times higher in China, as per capita income will double to $21,000. As living standards in Peru and Namibia will increase 1.5 times in the same period, those countries will fall over 25 percent behind China.

After three decades of world-record growth, China’s catch-up in living standards is likely to serve as a new model for other aspiring emerging and developing nations. In 2010, Chinese living standards were about 40 percent behind those in Iran, Brazil and Mexico, according to IMF data. By 2020 Chinese living standards will be right up with them.

In the past decade, there has been much talk about structural reforms in the US, Western Europe and Japan. Yet, only China has actually implemented such reforms. With growth, strategic plans are nice but execution is everything.

Dan Steinbock is the founder of Difference Group. He has served as research director of international business at the India China and America Institute (US) and a visiting fellow at the Shanghai Institutes for International Studies (China) and the EU Centre (Singapore).

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 娇小性色xxxxx中文 | 中文字幕福利片 | 国产精品性视频免费播放 | 久久综合香蕉久久久久久久 | 一级做a爱过程免费视频时看 | 国产男女猛烈无遮档免费视频网站 | 一级片中文字幕 | 国产欧美一区二区三区沐欲 | 成人久久18网站 | 免费福利入口在线观看 | 女让张开腿让男人桶视频 | 中文字幕一区中文亚洲 | 伊人久久大香线焦综合四虎 | 在线视频中文字幕 | 国产一级免费 | 国产精品揄拍一区二区久久 | 又摸又揉又黄又爽的视频 | 成人在线毛片 | 久久久精品久久久久久久久久久 | 美女视频大全网站免费 | 成人亚洲精品7777 | 久久黄色免费网站 | 成年视频国产免费观看 | 国产一区二区在线视频 | 国产午夜亚洲精品理论片不卡 | 久久小视频 | 国产人成午夜免费噼啪视频 | 久久精品综合国产二区 | 外国三级毛片 | 免费国产成人手机在线观看 | 一二三区在线观看 | 日本久久精品视频 | 亚洲综合性 | 久久综合久久综合九色 | 中国女警察一级毛片视频 | 日韩一区二区三区四区不卡 | 青青自拍 | 在线 | 一区二区三区四区 | 99久久精品无码一区二区毛片 | 欧美一级毛片免费观看 | 久久午夜精品视频 |