Communications & Media

China’s reform moves forward in its own way: A force to reckon with thanks to reform

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December 20, 2018
As President Xi Jinping aptly noted in his speech to commemorate the 40th anniversary of reform and opening-up, four decades ago there were “grain coupons, cloth coupons, meat coupons, fish coupons, tofu coupons, food ticket books, product coupons and other documents people could not be without”. But fortunately, these “have been consigned to the museum of history” thanks to reform and opening-up, which the Party unleashed on Dec 18, 1978.… Read More

Communications & Media

Balancing the economy with the environment

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December 3, 2018
This year marks the 40th anniversary of China’s reform and opening-up. In 1978, China’s per capita GDP was $156.40－the global average was $1,973.79. In 2017, the corresponding figures for China and the world were $8,826.99 and $10,714.47－an increase of 56.4 times and 5.43 times, respectively. In 1978, about three-quarters of Chinese people lived in absolute poverty. By the end of this year, the corresponding figure is expected to be less than 1 percent－a rate of progress never seen in human history.
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