Former Philippine President Gloria Macapagal Arroyo shares her insights on China's remarkable growth and its role as a global development partner. Reflecting on her experiences since the late 1970s, Arroyo highlights China's long-term vision, commitment to infrastructure, and technological advancements that have transformed it into a key player in the global economy.
Instead of viewing China as a competitor, Arroyo emphasizes the country's role as a provider of capital and technology, benefiting developing nations. She points out that China has become a crucial market for these countries and a significant donor in various development projects.
At the recent Central Economic Work Conference, Chinese Premier Xi Jinping outlined China's goals for 2035, focusing on enhancing scientific and technological capabilities to become one of the world's most innovative nations. This ambition underscores China's new growth model amidst the rapidly changing global landscape.
Arroyo concludes by stressing the importance of continued cooperation between the Philippines and China, especially in this new era of scientific and industrial transformation. She echoes Premier Xi's call to embrace technological revolution and innovation to foster new economies and business models.
Reference(s):
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