Hey there! Did you know that China is opening up its economy, and experts around the world are super excited about it? Let’s find out why! 🌟
In a big event called the ‘Two Sessions,’ China announced plans to make its economy even better. They want to help businesses grow, trade more with other countries, and protect the environment. 🌿
The government shared a report with lots of cool ideas, like making it easier for companies to trade online (that’s called cross-border e-commerce!), supporting new technology, and inviting people from around the world to invest in China. 💻📈
Experts say this is great news! Joseph Ngai from McKinsey China noticed that countries in the South are trading more with each other, which is changing global trade. 🌍
Even newspapers like The Times in Britain think working with China can help create more jobs and make economies stronger. 💪
Shukhrat Ibragimov, a CEO from Eurasian Resources Group, said China is leading the way in using clean energy and needs lots of minerals, which is a big opportunity for natural resources companies. ⚡
Richard Xu from Morgan Stanley believes China’s focus on technology and innovation will help its economy grow even more. 🧪
Ning Zhang from UBS Investment Bank mentioned that helping private businesses is super important, and we can expect more support for them. 🏭
Finally, Professor Lu Ming from Shanghai Jiao Tong University said China is really good at manufacturing (making things) and has lots of potential in services too! 🚀
It’s exciting to see how China’s plans can shape the future and how countries around the world can work together! 🌐
What’s something new you learned today? Let us know! 😊
Reference(s):
Expert roundup: Global analysts praise China's economic openness
cgtn.com
