Your current location:HOME >opinions >Interview: China's economic landscape displays stable, diversified trend: economist 正文
TIME:2024-04-30 20:25:12 Source: Internet compilationEdit:opinions
(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.
Billie Eilish announces return to Australia in 2025 for upcoming world tour2024-04-30 20:18
Antiques Roadshow guest shocked at stunning five2024-04-30 20:02
California announces first new state park in a decade2024-04-30 19:21
Canton Fair sees surge in number of overseas purchasers: official2024-04-30 19:14
I'm a Brit living in America2024-04-30 19:05
Matthews scores as Maple Leafs beat Bruins 32024-04-30 18:54
Canton Fair sees surge in number of overseas purchasers: official2024-04-30 18:53
Israel's Netanyahu says to increase pressure on Hamas2024-04-30 18:41
Conservative states challenge federal rule on treatment of transgender students2024-04-30 17:49
People enjoy outdoor activities as spring flowers bloom across China2024-04-30 17:44
Finnish carrier suspends Estonia flights after GPS interference prevents 2 landings2024-04-30 19:43
Hybrid rice market expands in Asia2024-04-30 19:43
Hybrid rice market expands in Asia2024-04-30 19:39
Social media users left puzzled as Channel 4 reveals Clare Balding will co2024-04-30 19:13
Royals C Salvador Perez scratched from game against Blue Jays because of tight back2024-04-30 18:35
GOP lawsuits over voting creates shadow war ahead of the election2024-04-30 18:30
'Openly Jewish' charity chief says Met boss Mark Rowley has 'failed abjectly' to stand up for Jews2024-04-30 18:20
Ecuador violence: Ecuadorians approve referendum measures to toughen fight against gangs2024-04-30 18:08
Chiselled ex2024-04-30 17:54
Warwick Davis will in new project with his daughter after death of his wife Samantha2024-04-30 17:52