In­te­gra­tion is key to eco­nomic fu­ture

China Daily European Weekly - - COVER STORY | COMMENT -

China needs to build on what it has achieved, but it needs new think­ing to do it

in some cases thou­sands, of dol­lars ev­ery year.

To­day, how­ever, the decades of pos­i­tive de­vel­op­ment and the ben­e­fits they have de­liv­ered both for China and the global econ­omy are be­ing threat­ened by the forces of uni­lat­er­al­ism and mount­ing trade pro­tec­tion­ism.

So what poli­cies should China pur­sue go­ing for­ward?

Pres­i­dent Xi Jin­ping has re­cently re­ferred to China en­ter­ing a “new era”. While this is cor­rect, it doesn’t mean the poli­cies should be re­versed. In­stead, China needs to build on what has gone be­fore. It will also need to in­cor­po­rate new ini­tia­tives. This will re­quire a con­sis­tent strat­egy, im­ple­mented through hard work sus­tained over many years.

SONG CHEN / CHINA DAILY

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