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World puts bullish bet on Chinese economy

With a strong development momentum, the Chinese economy contributes a lot to the global economic growth, Maurice Obstfeld, chief economist at the International Monetary Fund (IMF) gave his thumbs up to Chinese economy. In its latest World Economic Outlook released Tuesday, the IMF expected the Chinese economy to grow 6.8 percent this year and 6.5 […]

Should the U.S., Europe and Japan recognize China as a country of market economy?

Should the U.S., Europe and Japan recognize China as a country of market economy?

Mei Xinyu (People’s Daily Online) There is a simple and clear answer to this question. In Article 15 of the Protocol on the Accession of the People’s Republic of China to the WTO, subparagraph (a) and subparagraph (b) make it clear that “in any event, the provisions of subparagraph (a) (ii) shall expire 15 years […]

China expected to be listed among high-income countries by 2022

China expected to be listed among high-income countries by 2022

Reform will boost the growth potential of China’s economy, and China is expected to achieve GDP per capita of $12,600 in 2022, making it a high-income country, said Cai Fang, deputy director of the Chinese Academy of Social Science, Shanghai Securities News reported. Cai made his remarks at a Dec. 5 economics forum in Shanghai. […]

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