Current location:opinions >>
Interview: China's economic landscape displays stable, diversified trend: economist
opinions8People have gathered around
Introduction(Xinhua) 10:17, March 28, 2024MACAO, March 28 (Xinhua) -- China's economic landscape is displaying a ...
MACAO, March 28 (Xinhua) -- China's economic landscape is displaying a stable and diversified trend, said Maggie Xiaoqing Fu, a professor at the University of Macao, with positive prospects for the around 5 percent GDP growth target announced during the "two sessions."
The ongoing supply-side structural reforms are pivotal in optimizing the economic structure, the professor in finance and business economics told Xinhua, adding that an increasing proportion of service and high-tech industries can inject new momentum into economic growth.
She said in an interview ahead of the Boao Forum for Asia Annual Conference 2024 that China has the advantage of concentrating efforts to accomplish major tasks. "It can not only adjust across cycles but also counter-cyclically regulate its economy."
Fu also explained how the "new quality productive forces," a new concept in China's development, is poised to accelerate growth across the region.
"By harnessing new technologies, industries, and formats, the Chinese economy can accelerate industrial upgrading, enhance innovation capabilities, and promote regional economic integration," she said, noting that it will also create a more open, inclusive, and beneficial economic pattern in the Asian region.
On innovation and China's focus on digitalization and green development, she said the rapid development in sectors such as solar photovoltaics, electric vehicles, and lithium batteries elevates China's position in the global industrial and value chains and provides robust support for global efforts to address climate change challenges.
As green development is a key measure to address global climate change, she highlighted the importance of international cooperation. The green initiatives undertaken by other Asian countries, from Singapore's Green Plan 2030 to India's investment in renewable energy, show a collective commitment to sustainable growth, she said.
Fu envisioned deeper cooperation through strengthened top-level communication, fostering green industries, and reforming global environmental governance to achieve collective green development.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Compass news portal”。http://isleofman.arismichailidis.com/content-6d799903.html
Related articles
Ice blocks prepared for Harbin snow world
opinionsVisitors visit the Harbin Ice and Snow World in Harbin, northeast China's Heilongjiang province, ...
【opinions】
Read moreChina sees improvements in logistics flow
opinionsA staff member operates a crane to unload cargoes at the Hangzhou Transfar highway port in Hangzhou, ...
【opinions】
Read moreAcross China: Volkswagen Anhui rolls out targeted strategy to meet booming Chinese NEV market
opinionsThis photo taken on July 4, 2022 shows a workshop of the Volkswagen Anhui MEB (Modular Electric Driv ...
【opinions】
Read more
Popular articles
- Israeli FM says 'will suspend' Rafah operation if hostage deal reached: Media
- Robots inspect power facilities in mountainous Chinese province
- Blueberries enter harvest season in China's Guizhou
- Russia adds 18,819 new COVID
- Rizzo hits 300th HR and Judge and Volpe also go deep in Yankees' 15
- Rural area shining example of development
Latest articles
LINKS
- China's railways handle 16.47M passenger trips on Monday
- Mountain and river carnival kicks off in western Beijing
- Liaoning lead title contenders into CBA playoffs
- Armenia insists top UN court has jurisdiction to hear case accusing Azerbaijan of racial hatred
- Villagers embrace rural tourism in north China's Hebei
- North China's Inner Mongolia launches ancient books database platform
- Xuzhou Museum (III)
- Beijing's Yanqing district ready for Labor Day travel rush
- Deep sea expedition uncovers more than 50 never
- FIS president hails China's skiing, snowboarding potential