BEIJING, Dec. 29 (Xinhua) -- In 2024, experts, scholars and specialists from various fields across the world have shared their opinions with Xinhua on China's economy, diplomacy as well as international relations.
The following are the highlights of their insights on the Chinese economy:
John Ross, former director of economic and business policy for the mayor of London.
Guest Opinion: A fair narrative on Chinese economy
-- China's economy grew more than twice as fast as the United States but Western media put out all claims that there's a deep crisis in China and the U.S. economy is doing incredibly well, which is contradicted by the facts.
-- China's system is its biggest advantage. When running its economy, China is able to use state investment, and at the same time has a very strongly developing private sector. If you want to put it that way, the Chinese economy can walk on two legs.
-- Naturally, you can't repeat any country's policies mechanically somewhere else. China insists upon applying the general laws of economics in its own specific national conditions. That is why, as a result, China is so successful.
William Jones, Washington bureau chief of U.S. publication Executive Intelligence Review.
Guest Opinion: "Two sessions" will pave way for China in an increasingly uncertain world
-- While the Western "hype" about China's imminent decline as a major economic power is not taken seriously by most scholars, there have been difficulties created for China by the rather hostile attitude exhibited by the United States toward China's rise as a major technical power.
-- China will no doubt continue taking measures to open its economy to foreign investment.
-- What China is being deprived of due to the restrictions from abroad will have to be made up by China's own domestic talents.
Teddy Kaberuka, an economic analyst and international consultant from Rwanda.
Guest Opinion: Robust growth of Chinese economy will contribute to the development of Africa and global economy
-- Through rapid industrialization, urbanization and technological advancements, China has emerged as a pivotal player in the global economic landscape.
-- China's economic growth has reflective implications for the global economy. As the world's largest exporter and second-largest importer, China is pivotal in global supply chains, technology transfer and trade networks.
-- The robust growth of the Chinese economy is transforming Africa and shaping the global economic landscape.
Yi Xin, a political observer based in Beijing.
Guest Opinion: China's new quality productive forces: a force for good
-- Large-scale technological innovation across the industry has provided a strong foundation for Chinese EV makers to offer faster and more convenient services to consumers.
-- Thanks to long-term strategic planning and relentless investment, China has emerged over the past few decades as the world's leading player in solar power production, solar panel manufacturing and battery technology, making solar energy more affordable and accessible worldwide.
-- By promoting new quality productive forces, a continuation of its vision for high-quality development, China has made development smarter and greener for not only itself but also the world at large.
Jeffrey Sachs, professor and director of the Center for Sustainable Development at Columbia University.
Guest Opinion: China's economic success in face of growing U.S., EU protectionism
-- We are told regularly that China's fast growth is over, that China's data are manipulated, that a Chinese financial crisis looms, and that China will suffer the same stagnation as Japan during the past quarter century. This is U.S. propaganda, not reality.
-- China's economic growth benefits not only China but the whole world.
-- The absolute best solution for the world economy would be for China, the United States, and Europe to maintain open trade and mutually agreed industrial policies. ■
