China aims to achieve eco­nomic equal­ity, im­prove liv­ing stan­dards

China Daily (Latin America Weekly) - - Two Sessions - By CECILY LIU cecily.liu@ mail.chi­nadai­lyuk.com

China’s lead­er­ship role in pro­mot­ing global trade to­day is a con­tin­u­a­tion of the in­ter­na­tion­al­iza­tion drive it started 40 years ago with the re­form and open­ing-up pol­icy, ac­cord­ing to a se­nior aca­demic in Lon­don.

Erik Ber­glof, di­rec­tor of the Lon­don School of Eco­nom­ics’ In­sti­tute of Global Af­fairs, said the China-pro­posed Belt and Road Ini­tia­tive and the Asian In­fra­struc­ture In­vest­ment Bank are ex­am­ples of China cham­pi­oning global trade, de­vel­op­ment and con­nec­tiv­ity.

Ber­glof, who for­merly worked as chief econ­o­mist and spe­cial ad­viser to the pres­i­dent of the Euro­pean Bank for Re­con­struc­tion and De­vel­op­ment, was speak­ing ahead of this year’s two ses­sions, which are ex­pected to set the fu­ture strate­gic di­rec­tion for China.

How China makes fur­ther re­forms be­yond 2018 is also ex­pected to be an im­por­tant topic.

Ber­glof said China is mak­ing a tran­si­tion from its pre­vi­ous

di­rec­tor of the Lon­don School of Eco­nom­ics’ In­sti­tute of Global Af­fairs

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