Promises to open up seen as trustworthy
The world should have faith in China's commitment to further opening-up as the country, by delivering its 14th Five-Year Plan (2021-25) blueprint, is expected to map out more ambitious tasks in order to reinforce high-quality economic, technological and cultural engagement with the rest of the world, observers said.
Understanding "dual circulation" and what it means for world
Ever since China's top leadership floated the new economic development pattern of "dual circulation" in May, the market is abuzz with interpretations of how the model will work and its knock-on effects on the pandemic-rattled global economy.
Implementing a Higher-quality and More Effective Proactive Fiscal Policy
At the Central Economic Work Conference held from December 10-12, 2019, General Secretary Xi Jinping stressed that we must work vigorously to boost the quality and effectiveness of our proactive fiscal policy while attaching greater emphasis to structural adjustment.