For over four decades, China's reform and opening-up policies have transformed the nation from an underdeveloped country into a global economic powerhouse. Today, China stands as the world's largest manufacturing hub and top trading nation, playing a pivotal role in driving global economic growth.
As China embraces a new development paradigm, it continues to attract foreign investment and foster innovation. But how significant has opening-up been in fueling China's economic rise? Experts weigh in on the critical role these policies have played in shaping the business landscape.
In the latest edition of Dialogue, renowned guests Danny Quah, Dean of the Lee Kuan Yew School of Public Policy at the National University of Singapore, Li Daokui, Director of the Academic Center for Chinese Economic Practice and Thinking at Tsinghua University, and Wang Dan, Chief Economist of Hang Seng Bank (China), discuss the impact of deeper economic reforms. They explore how these reforms can further improve China's business environment and what the next decade might hold as the nation continues to open up its markets.
By fostering a more conducive environment for businesses and investors, China's ongoing reforms are set to enhance its global economic standing even further. The insights shared by these experts underscore the importance of sustained openness and strategic policy-making in maintaining China's growth trajectory.
Reference(s):
Deeper reforms, better opportunities: China opens wider to the world
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