By Chen Tianhao, Zhao Li
(ECNS) -- In the latest episode of China Answers, Robert Lawrence Kuhn, Chairman of the Kuhn Foundation, is invited to ask some questions he has about China's high-quality development after carefully studying the Communiqué during the Third Plenary Session of the 20th CPC Central Committee. He has authored several books focused on China's development, offering profound insights into China's reform and opening-up. His works are regarded as exemplary in telling China's story to the world.
Kuhn believes that China's economy is shifting from high-speed development, which is high GDP, to high-quality development. So he asks Yao Yang, Boya Chair Professor and the Director of the China Center for Economic Research at Peking University: what do we mean by high quality?
Yao answers the question with deep analysis, noting that high-quality development should be considered in the context of China's economic growth over the past 20 years. In the first decade of this century, Yao says, China was experiencing high-speed growth, but China's growth model was extensive expansion, focusing on exports and investment expansion. This growth model achieved great success, but since 2010, China's growth model has begun to change.
Yao further adds that internationally, overall demand slowed down due to the global financial crisis, and China's domestic economic situation was also changing, with people's income levels rising. Therefore, the shift from an extensive expansion growth model to an intensive growth model focused on domestic demand began.
In Yao's perspective, China's economic resilience is strong, which is reflected in two aspects - innovation’s role as a powerful driving force for China's economic growth, and enhancing the connection between China and the world.
Yao stresses that high-quality development focuses on technological progress. In the past, China rarely achieved its own technological advancements. But in the past decade and more, due to economic structure adjustment and emphasis on high-quality development, China has made progress in many fields, and is leading the world even in areas of AI, new energy and so on.
So Yao predicts that China's future growth will no longer be driven by investment and exports only, but also by R&D and technological progress. In addition, China's growth is also beneficial for the world, according to Yao, because when Chinese companies venture out, they will bring their advanced technologies along.
中新经纬2月18日电 广铁集团长沙火车站官方微博18日称，2024年2月18日4点24分，兰州开往广州的K225次列车到达长沙站，因列车上一些旅客未在票面到达站下车，继续乘车到前方站，造成列车超员。受其影响，部分正常购票旅客未能 这次参与到日喀则市边境县中学生赴北京参观研学活动的22个同学分别来自亚东、定日、仲巴三个县，他们的祖辈或是世代守边固边，或是举家搬离故乡抵边兴边。 2月21日，到了研学活动的第二天。经过近 作者：王成（广西师范大学副教授、广西高校人文社科重点研究基地广西师范大学马克思主义理论与区域实践研究中心研究员）日前，习近平总书记在主持中共中央政治局第十一次集体学习时指出：“发展新质生 【光明论坛】近日，中共中央印发《党史学习教育工作条例》（以下简称《条例》），对于推动党史学习教育常态化长效化，推动全党全社会学好党史、用好党史，从党的历史中汲取智慧和力量，弘扬伟大建党精神，传承红 2月电影票房破100亿，传媒板块多股涨停，行业有望持续繁荣 2月23日，传媒板块盘中持续走强，截至发稿，宣亚国际20%涨停，赛因集团涨超19%，文投控股、天威视讯、中视传媒等多股涨停，川网传媒、百纳千成涨超8%。 消息上，据 多家钛白粉企业再度宣布涨价 2月22日，钛白粉企业金浦钛业发布公告宣布涨价，金浦钛业表示，自2月22日起，公司锐钛型钛白粉销售价格上调800元/吨，对国际各类客户上调110美元/吨；金红石型钛白粉销售价格上调600元/吨，对国 。本文链接：China Answers | Chinese and American economists: Significance and future of China’s high-quality devhttp://www.sushuapos.com/show-5-26665-0.html
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