Momentous meeting: China’s top political advisory body wrapped up its annual session recently. Xinhua
CHINA’s most important meetings of the year – “Two Sessions” – have unveiled Beijing’s medium- and long-term economic goals and strategies that experts believe will not only boost China’s quality development and modernisation but will also benefit the world, in particular Asean.
As Malaysia is part of the 10-nation Asean, China’s biggest trading partner, it will gain from Beijing’s strategies as long as Putrajaya continues to embrace foreign policies deemed as friendly – or at least non-toxic – towards Beijing.
The “Two Sessions” or Lianghui refers to the annual meetings of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC).
Malaysia, Asean to benefit most from China s new economic strategies thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Projection on China s high-income country status draws attention to quality of development, deepening reforms
Chu Daye Published: Mar 10, 2021 09:58 PM
He Yunxiao airs handmade noodles at Longmen Village, Majian Township, Zhuji City of east China s Zhejiang Province, Jan. 29, 2021. There are more than a dozen steps in the traditional process of handmade noodles in Majian. These noodles, well noted for their length, symbolize longevity in the Chinese culture. Longmen Village alone turns out about 1,000 kilograms of handmade noodles a day, and brings in an annual income of some 2 million yuan (310,000 U.S. dollars). (Xinhua/Han Chuanhao)
A projection by a prominent Chinese economist that China can achieve high-income country status by 2025 has drawn attention to high-quality development, reform and avoiding the dreaded middle-income trap, with Chinese economists emphasizing the necessity of deepening reforms.
New Delhi: Oxford University Press, 2019; pp xx + 295, ₹
895.
Oxford: Oxford University Press, 2019; pp xxiv + 577, price not indicated.
Asia’s Journey to Prosperity: Policy, Market, and Technology Over 50 Years by Asian Development Bank,
Manila: ADB, 2020 (ebook), http://dx.doi.org/10.22617/TCS190290.
The transformation of Asia from its status as the most impoverished region to the growth locomotive of the world economy within five decades is unprecedented and nothing short of a miracle. The achievement seems all the more profound when juxtaposed with a very pessimistic outlook of Asia’s development prospects made by Gunnar Myrdal in his three-volume tome
Asian Drama: An Inquiry into the Poverty of Nations, published in 1968.