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: 美女扒开腿让男人桶免费看| 92午夜少妇极品福利无码电影| 欧美中文在线观看| 午夜毛片不卡高清免费| 欧美亚洲另类视频| 女人体a级1963免费| 久久亚洲AV成人无码| 欧美成人a人片| 免费啪啪小视频| 视频一区二区三区在线观看| 国产精品无码AV天天爽播放器| 一区二区三区国产最好的精华液 | 青青草原国产视频| 国产精品视频免费视频| 一本久久a久久精品亚洲| 日韩不卡手机视频在线观看| 亚洲欧洲日产国码av系列天堂| 精品少妇一区二区三区视频| 国产在线a不卡免费视频| 538在线观看视频| 女性扒开双腿让男人猛进猛出| 久久久久久国产精品免费无码| 欧洲精品一区二区三区| 亚洲色偷偷av男人的天堂| 美国式禁忌矿桥矿17集| 国产在线jyzzjyzz免费麻豆| 香蕉久久综合精品首页| 在线观看国产成人AV片| 七仙女欲春3一级裸片在线播放 | 日韩精品第一页| 亚洲无砖砖区免费| 猫咪免费人成网站地址| 噼里啪啦国语在线播放| 高清在线精品一区二区| 国产精品亚洲αv天堂2021| 99久久免费精品国产72精品九九| 少妇的丰满3中文字幕| 久久99国产精品尤物| 日韩毛片在线免费观看| 亚洲人成色7777在线观看不卡 | 波多野结衣被三个小鬼|