Current location:Culture Channels news portal > world
Interview: China's economic landscape displays stable, diversified trend: economist
Culture Channels news portal2024-04-30 07:41:23【world】8People 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.
Address of this article:http://reunion.whetstonetavern.com/article-60b199905.html
Very good!(645)
Related articles
- Warning signs of a mini
- Moment RAF Typhoon unleashes laser
- A man accused in a Harvard bomb threat and extortion plot is sentenced to 3 years probation
- Sergei Bobrovsky makes 26 saves, Panthers beat Lightning 5
- A bomb attack in northern Kenya kills 5 people near the border with Somalia
- Here are 14 players to watch next season across the Southeastern Conference
- Google plans to invest $2 billion to build data center in northeast Indiana, officials say
- Army veteran, 60, tucks into tinned Tesco meatballs 11 years past their use
- Chinese scientists use machine learning for precise Antarctic sea ice prediction
- Charges revealed against a former Trump aide and 4 lawyers in Arizona fake electors case
Popular articles
Recommended
Explosion kills 3 including 2 children in Myanmar's Yangon
European soccer leagues insist they have no plans for games in the US. A lawsuit could change that
Elite female bodyguards reveal the fascinating secrets of protecting A
Moment passenger has huge foul
At least 15 killed in Israeli airstrikes on Rafah
Owner of exploding Michigan building arrested at airport while trying to leave US, authorities say
PEN America cancels World Voices Festival amid criticism of its response to Israel
Antiques Roadshow guest receives SHOCKING appraisal after learning the secret history of her grandma
Links
- Newsmakers
- China sees fewer production safety accidents in Q1
- China releases ecological protection compensation regulations
- Xi Jinping meets Ma Ying
- Commentary: Provocations by the Philippines in South China Sea unwise, futile
- China, Vietnam hold 8th border defense friendship exchange
- Spotlight
- China committed to developing traditional friendly cooperation with DPRK: top legislator
- Commentary: Hidden agenda behind hype of China's overcapacity problem
- UAE to participate in 21st China