Driv­ingChina key worldto new econ­omy,UN de­vel­op­ment­de­spite slow­down­goals

China Daily (Canada) - - TORONTO -

O Mn Fri­day, just be­fore the 70th Ses­sio­n­any­ofthe­out­sideUNGen­er­alChina Assem­bly,be­lieve­mem­berthe statescoun­try’s adopt­ede­co­nom­i­canewset of­s­low­downSus­tain­able Devel­op­men­tis­to­blameGoals.for the Pres­i­dent Xi Jin­pin­gre­cen­tjoined more­dras­tic­thanfluc­tu­a­tions150 lead­ers from other coun­tries atinthetheUN­global stock,Head­quar­ters­for­eign­in­cur­ren­cyNewYorkand­topar­tic­i­pate­com­mod­ity mar­kets.inthishis­toricThey­mo­ment.al­so­think that the­p­rospects For of­read­er­s­the­world’snot­fa­mil­iar­sec­ond-with­largest­theSDGs,econ­omy they willare gloomy.in­clude 17 goals to mea­sure pro­gressBut­theon­fac­tarangeis,the­ofe­co­nomic,in­creas­ing­so­cial­down­wardisa and en­vi­ron­men­tal­pres­sureon China’sis­sues.Thisec­on­o­my­isanevo­lu­tion re­sul­tevo­lu­tion ofof­thethep­re­vi­ousMil­len­ni­um­slow­growthin­do­mes­ticDevel­op­ment de­mand,Devel­op­men­tGoal­swhich,whichin in­clud­ed­turn,is eightare­sult­goals.of theThe coun­try’sSDGs­rep­re­sentstruc­turalanam­bi­tiou­sad­just­ment­newand weak­en­ingde­vel­op­mentex­ter­nala­genda that­de­mands.in­cludesBe­sides,ob­jec­tives theob­jec­tivesout­flow­suchas erad­i­catin­gof­cap­i­tal poverty,fromemerg­ing­pro­tect­ing economiespro­tect­ingth­e­p­lanet,an­dand­de­pre­ci­a­tio­nen­sur­ingthat peo­ple­oftheir cur­ren­cies­liveina­peace­fu­lowingandto se­cure­ex­pec­ta­tionsworld.Itofisan in­ter­estabout­giv­in­gra­teev­ery­body,hikeinthe­whereverUnit­edy­ouS­tate­sare have­born, al­soe­qual­adde­doppor­tu­ni­ty­to­thetoglob­al­live­in­fidig­nity.nan­cial tur­bu­lence.TheSDGs also re­flect the fact that de­vel­op­men­tBe­causechal­lenge­soft­hestruc­turalareno­tu­niquead­just­ment,tode­vel­op­ing China’sde­vel­op­ing­coun­tries,eco­nomicbut­growthap­plyu­ni­ver­sally,(about7per­cent)the in­cludingi­s­ex­pect­ed­torich­coun­tries.tobeslow­erIs­sues thanofe­qual­ity paste­qual­ityand­decades.in­clu­sive­nessThechangearep­re­sentinChina’sin­most­de­mo­graph­ic­sage coun­tries,—and­such­someas­de­clin­ingde­vel­op­ment­work­ing-chal­lenges, such as cli­mate change, don’t rec­og­nize pop­u­la­tion, borders. de­creas­ingAs such, the do­mes­ticSDGs are sav­ingsa truly ra­tio,global an­den­deavor. weak­en­ing cap­i­ta­lac­cu­mu­la­tion

The­and­change­sex­ports­from—havetheMDGss­lowedtodown­the the na­tion­alSDGsare welcome,econ­omy.andBut­theyin 2014,have­been China’s GDPex­ten­sive­ly­in­creased­dis­cussedto$10.4andtril­lion,agreeduponup$by 800 bil­lionUNmem­ber­from states.2013. But the com­pre­hen­sive na­tureGlob­alof the­ex­pe­ri­ences­newsetoftell­go­al­sus thatand the the­marginal in­ter­con­nec­tion­s­growthof be­tweenanecon­o­mythe­maswill­large­make as China’stheir­im­ple­men­ta­tion­willde­cline­to­much­somem­o­re­ex­tent­com­plex. af­ter a cer­tainThis will pe­riod. re­quire In sus­tainedthis sense, po­lit­i­cal China’s slow­er­com­mit­ment­growthand­con­form­slink­ing thetotheSDGs­lawto ofe­co­nomic na­tion­alde­vel­op­ment.pri­or­i­ties. Not only the Chi­nese peo­ple,Inthe en­ter­pris­es­past15years,andChi­nagov­ern­mentswasvery­suc­cess­ful at all lev­els in achiev­ing­have to live the with MDGs this not trend,only but al­sodomes­ti­cal­lythein­ter­na­tion­albu­tal­sowith­com­mu­ni­ty­itswidely has toac­knowl­edge­dun­der­stand­con­tri­bu­tio­n­an­dadapt­toit­selfat­tain­ingto this change,the­goals­be­cause­atthe­glob­alChina’slevel.econ­o­myWiththis­can­not­pos­i­tiveMDG­ex­pe­ri­ence, main­tain fast-paced growthChina is for­ever.well po­si­tionedHow­ever,to­con­tributeast­able­great­lyem­ploy­ment­tothe rate, mod­er­ate­suc­cess­fu­lachieve­men­tri­seinthe­of­con­sumertheSDGs. price in­dexThe and­key­toa agrowth­suc­cess­ful­rateim­ple­men­ta­tion­higher than the oth­er­would­ma­jor­be­for economi­es­theSDGs­toof­bet­headapt­ed­worldto mean Chi­na­na­tion­al­re­main­spri­or­i­tiesanandim­por­tant­bepri­or­i­tized en­gine of theac­cord­ing­world toe­con­omy.eachde­vel­op­ment con­text. De­spiteCom­menc­ingth­es­low­down­inthe­sameinyear­its as­man­u­fac­tur­ingChina’s 13th Five-in­dus­triesYearPlanin(2016-the20),first­the­halfSDG­sof this year,have the­some­po­ten­tial­newar­ea­s­t­or­e­in­force­of­man­u­fac­tur­ing,both­na­tional and pro­vin­cial-level de­vel­op­ment strate­gies. such as Ac­cord­ingrobots, elec­tricto Pres­i­dent ve­hi­cles,Xi’s speech servers,in smartMay2015ter­mi­nals­duringa and­field lo­co­mo­tives,visit­toZhe­jiang have ex­pe­ri­enced­province,the 13thfast Five-growth.Year PlanIn­par­tic­u­lar,will aem­pha­size­boom­ing­both­fi­nan­cialasta­ble­sec­tore­co­nom­i­cand the­growth fast­grow­ing and an over­all­couri­er­hu­manin­dus­try­de­vel­op­ment­made­gooda­genda, con­tri­bu­tions in­clud­ingto pri­or­i­tyChina’s ar­easec­on­o­my­suchi­nas­thee­d­u­ca­tion, first few months em­ploy­ment,of this so­cia­lyear. Un­fold­ing­wel­fare and are the pos­i­tive­health. ef­fects of the con­tin­u­ous cuts in de­positPres­i­den­tre­serveXial­sore­quire­mentso­licite­dideasan­dand in­ter­est in­put­srates,fromin­creased­provin­cial­filead­ers,scal­spend­ing,an­di­den­ti­fied tax re­duc­tions10 pri­or­ity and ar­eas,the launching­in­clud­ing en­vi­ron­men­talof a se­ries of ma­jor is­sues in­vest­ment(like eco-civ­i­liza­tion),and con­sump­tion projects,peo­ple’sliveli­hood­sandthey wil­land well-help­be­ingChi­naand re­gain it­spover­tys­tableerad­i­ca­tion—eco­nomic­mo­men­tu­mallofwhichan­dare well re­al­ize in linethe­withtar­get­edtheob­jec­tives7per­centen­vis­aged­growth­forun­der 2015. theDe­spite­newSDGs.its eco­nomic slow­down, China stil­lThis­con­tribut­ed­pro­ces­sofen­gage­ment­morethanwith,30per­centand toin­putsworld­frome­co­nomicprovin­cial­growth­lead­ers,in­can2014.also The 7serveper­centasaba­sis­growth,forChina’salthough­pri­or­i­ti­za­tion­slow­est of in decades,theSDGs an­dis­stillthe col­lec­tion­the­fastestof base­lin­ea­mong the world’sdatatomon­i­tor­ma­jor economies.na­tion­al­pro­gressAnd from be­cause of2016it­son­wards.enor­mousSucheco­nomicpri­or­i­ti­za­tion­base, willeve­nalso a7 per­centsup­port the­growth­pro­gress­will re­sultofthe SDGi­nahugeagen­daad­di­tion­alto the provin­cial­in­crease­level,thatwhich­will­main­tain­will­beessen­tial, China’s po­si­tionaslo­cal­go­v­ern­mentsasaneco­nomi­car­ere­spon­si­ble­pow­er­house.for en­sur­ingChina’stheiron­go­ing­plansef­f­cor­re­spon­dort­sto­fur­ther­with the open up­cen­tral­tothe­gov­ern­mentout­side­world,strat­egy. ease re­stric­tions

Tak­ing own­er­ship of, and pri­or­i­tiz­ing onandth­e­lo­cal­izin­gen­try ofthe­for­eignSDGswill­cap­i­tal,of­fer aex­pe­di­te­u­nique theop­por­tu­ni­ty­for­ma­tion­for Chi­naof­bi­lat­er­al­to­take­an­dac­tion­mul­ti­lat­er­alon a glob­al­freede­vel­op­ment­tradear­easagen­daand,in­whilepar­tic­u­lar,mak­ing its push­time­ly­forandtheuse­fulBelt linksand Road­toachieveIni­tia­tive­do­mes­tic will deep­en­pri­or­i­ties. its eco­nomic links with the world. AndMany­itwillde­vel­op­ingstill­bea ma­jor­coun­tries­dri­versee­ofChina global eco­nom­i­cas­anin­spi­ra­tiongrowth.for achiev­ing de­vel­op­men­tOn an­oth­er­re­sults.In­level,ad­di­tion,China’swith­slow­down­it­slead­er­ship will po­si­tion re­lated to the up­com­ing have a con­sid­er­able im­pact on­re­source­sex­port­ing G20 pres­i­dency,coun­triesand­key­high­ly­role in­de­pen­dent­de­vel­op­ment on its co­op­er­a­tion­mar­ket. But plat­form­sChina has such only as seen the a lim­it­edFo­ru­mofde­clineChina in­Africa­com­mod­i­tyCo­op­er­a­tion,im­port­sChina in the can past fur­ther months. en­hance its im­pact on the over­al­lChina’sglob­al­crudeim­ple­men­ta­tionoilimportsin­creased­ofthe 9.8 per­centSDGs. in the Jan­uary-Au­gust pe­riod, up 1.4Thep­er­cent­agead­op­tion of­points­theSDGsyear-ison-abreak­throughyear. And its ce­real mo­ment im­ports in in­crease­dour pur­suit 84.6of a per­cent­de­vel­op­ment in the same that is pe­riod. shared by all and that is kindTheon­main­ouren­vi­ron­ment.rea­son­fortheChi­na­con­sid­er­able­has­con­tributed greatly to the achieve­ment of this de­cline in China’s im­ports from thes­ta­tis­ti­cal mile­stone­pointa­gree­mentofviewan­dis­the­has­fal­lakeyof roleim­portto prices.play­go­ingTak­ing­for­ward.thep­riceTheUNsys­tem­fac­tor­in­to­con­sid­er­a­tion,in China stand­sChina’sready­toac­tu­alas­sist andim­portswork fell­with­on­lythe about­peo­ple4of­per­centChi­nain­inthis­the­p­ro­cess.first eight months. TheThe au­tho­rauthor isis aa Unit­e­dresearcherNa­tion­swith res­i­dent­the State In­for­ma­tion­co­or­di­na­tor­inCen­ter.China.

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