Interview: China's reform, opening up create opportunities for world, says Philippine expert

    Source: Xinhua| 2018-12-26 19:26:22|Editor: Yurou
    Video PlayerClose

    MANILA, Dec. 26 (Xinhua) -- China has announced a series of measures on advancing reform and opening up, which will not only help the Chinese economy but also create opportunities for the global economy, said a Philippine expert.

    The annual Central Economic Work Conference was held in Beijing last week to review the country's economic work in 2018, analyze the current economic situation and arrange the economic work in 2019.

    Lucio Blanco Pitlo, a lecturer from the Chinese Studies Program in Philippine Ateneo de Manila University, told Xinhua that he noticed that a series of measures have been announced at the conference, like a larger cut in taxes and fees and advancing all-around opening up.

    "It shows that China now is pushing an incremental and gradualist reform and opening up," Pitlo said.

    The Central Economic Work Conference said the country needs to improve its consumption environment and boost consumer spending.

    Pitlo believed that China's rising middle class and its increasingly sophisticated and diverse consumer tastes and preferences represent an immense potential for China and the world.

    "Beijing can tap into this huge internal market, and other countries can too," he added.

    Pitlo told Xinhua that it is impressive that Chinese leaders emphasized the country will reinforce investments on new infrastructures like the 5G network, AI and industrial Internet.

    The China expert said these connectivity projects may facilitate faster and more efficient transactions. E-commerce and fintech may also enable Chinese enterprises to better reach out to the domestic audience and the same E-commerce and fintech platforms can also be utilized by foreign countries and firms.

    On China's further opening up, Pitlo said the world's second-largest economy already demonstrated a commitment to continuing opening up to the world through the first China International Import Expo in Shanghai this year.

    China is so integrated with the world economy that "a reversal or retreat is unimaginable," said Pitlo, adding that "China continues to advance the reform and opening up is important to the whole world."

    At the Central Economic Work Conference, China announced it will continuously advance cooperation with other countries under the Belt and Road Initiative and it will hold the second Belt and Road forum for international cooperation.

    In a world full of uncertainty where some resort to unilateralism that undermines the stability of global finance, trade and economic governance, the Belt and Road Initiative is "a welcome relief," Pitlo said.

    On China's economic development, Pitlo said China is the main trading partner of over 120 countries and regions especially in emerging and developing economies, and that China's continued steady economic growth and stable policies will be warmly welcomed.

    China's economic transformation and ascent in the industrial chain will also create opportunities for less developed countries, as certain industries and their downstream chains move out of China. For countries eager to jumpstart their industry or keen in expanding their existing manufacturing, this is a positive development, he added.

    "China has changed a lot in the past 40 years and the pace remains forward," Pitlo said.

    TOP STORIES
    EDITOR’S CHOICE
    MOST VIEWED
    EXPLORE XINHUANET
    010020070750000000000000011100001377004451
    主站蜘蛛池模板: 无码一区18禁3D| 毛片A级毛片免费播放| 国产精品va在线观看无码| 中文字幕av一区| 未发育孩交videossex| 伊人影院在线视频| 东京热加勒比无码少妇| 欧美又大粗又爽又黄大片视频黑人 | 黑白配hd视频| 无码视频免费一区二三区| 亚洲欧美日韩精品在线| 美女视频一区二区三区| 国产真实伦偷精品| a毛片成人免费全部播放| 无翼乌全彩本子lovelive摄影| 亚洲国产成人久久精品app| 精品1州区2区3区4区产品乱码 | 国产亚洲视频在线| 最新黄色免费网站| 天天狠天天透天干天天怕∴| 久久久噜噜噜久久熟女AA片| 欧美在线小视频| 任你躁欧美一级在线精品| 色一情一乱一乱91av| 国产无遮挡又黄又爽在线观看| 99国内精品久久久久久久| 成人毛片免费观看| 亚洲熟妇丰满多毛XXXX| 红杏出墙电影在线观看| 国产成人精品视频一区二区不卡| 97精品国产高清自在线看超| 性色av免费观看| 久久婷婷五月综合色精品| 欧美性另类高清极品| 健身私教弄了我好几次怎么办| 老色鬼久久亚洲av综合| 在线a亚洲视频播放在线观看| 中文在线日本免费永久18近| 日韩中文字幕在线观看视频| 亚洲另类无码一区二区三区| 老鸭窝在线播放|