Your current location:HOME >sport >Interview: China's economic landscape displays stable, diversified trend: economist 正文
TIME:2024-04-30 08:43:59 Source: Internet compilationEdit:sport
(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.
Explosion kills 3 including 2 children in Myanmar's Yangon2024-04-30 08:33
New completion rules released for China to optimize the business environment2024-04-30 08:15
China endeavors to keep ancient city of Pingyao alive2024-04-30 07:37
Xi Calls for Unity to Achieve Better Asia2024-04-30 07:20
UN Chinese Language Day celebrated in Tunisia2024-04-30 07:12
China, Singapore to implement 302024-04-30 07:10
Chinese community energizes Cape Town Carnival2024-04-30 06:48
Xi Calls on China, U.S. to Build Together Five Pillars for Bilateral Relations2024-04-30 06:26
China ready to strengthen high2024-04-30 06:20
Scenery at Yellow River Delta National Nature Reserve in E China2024-04-30 06:17
Explosion kills 3 including 2 children in Myanmar's Yangon2024-04-30 08:12
All missing found in boat accident that kills 122024-04-30 08:07
Xinhua Commentary: For China and U.S., One's Success Is an Opportunity for the Other2024-04-30 07:41
County in China's Shaanxi transforms ecological resources to green economy2024-04-30 07:08
Warning signs of a mini2024-04-30 07:05
Xinhua Headlines: Xi's APEC Trip to Pilot China2024-04-30 06:37
China and Nauru resume diplomatic relations2024-04-30 06:29
Scenery at Yellow River Delta National Nature Reserve in E China2024-04-30 06:29
UN human rights chief condemns killings of women and children in Rafah2024-04-30 06:29
Xi Calls for Pushing China2024-04-30 06:12