IPR protection guarantees better innovation
China’s reform and opening up nurtured and prospered its intellectual property rights (IPR) protection. In the 1980s, the country was in urgent need of an IPR protection system complying with international rules, especially a patent system, in order to better utilize foreign capital and technologies. On April 1, 1985, when China’s Patent Law came into […]
Advance with the times by carrying forward reform and opening-up
Whoever can offer a clear explanation of China’s reform and development will likely be a winner of the Nobel Laureate in economics, the remark of the Nobel economics prize winner Milton Friedman has reflected the global trend towards the exploration of the secrets of China’s reform and opening-up. To reveal the secrets of China’s success, […]
China rolls out new measures to further promote reform and opening up
A draft amendment to the Patent Law was passed at a State Council executive meeting held on Dec. 5. The document will be submitted to the Standing Committee of the National People’s Congress for deliberation. The amendment is expected to enhance punishment on intellectual property infringement. The move is an effort by China to further open […]
China’s reform and opening-up contributes to global prosperity
China’s reform and opening-up has not only contributed to the development of the country itself, but also to that of the world since it started in 1978. As the world’s second largest economy, China has contributed to more than 30 percent of global growth for years. International Monetary Fund (IMF) Managing Director Christine Lagarde said […]
China’s reform and opening-up creates miracle in poverty reduction
Over forty years of reform and opening-up, China has managed to free more than 700 million people from absolute poverty, accounting for more than 70 percent of the global total in poverty reduction in the same period. The country has reduced the incidence of poverty by 94.4 percent in the period. As the first developing […]
Chronicle of reform and opening-up in China
1978: The 3rd plenary session of the 11thCentral Committee of the Communist Party of China (CPC) was held in Beijing In December 1978, the 11th Central Committee of the CPC held its third plenary session Beijing, marking the prelude to the reform and opening-up policy through which China would carry out reform domestically and open […]
China’s ODI exceeds $100 billion in first 11 months
Domestic investors made $104.48 billion of non-financial outbound direct investment (ODI) in 5,213 overseas enterprises in 157 countries and regions from January to November, according to the Ministry of Commerce (MOC). The ODI in the period remained flat with last year, an official from the Department of Outward Investment and Economic Cooperation with the MOC […]
Reform and opening-up: Common cause of the Chinese
When reflecting upon the entire history of human civilization, the 40 years is a mere drop in the bucket. However, this specific time span is ingrained in all Chinese people and has impacted the fate of numerous individuals throughout the country. Reform and opening-up is a cause all Chinese people share. President Xi Jinping once said, […]
40 years’ path: how far everyone in China goes each year
1978-2018, Chinese society has undergone earth-shaking changes. These 40 years are destined to be an extraordinary 40 years in Chinese history because of the reform and opening up policy. China has been taking a long journey towards openness and connectedness, and so has everyone here. The ever-developing trains, roads and airports not only bring together […]
The largest and most dramatic transformation of civilization takes place in China
My wife and I have visited China since 1996, and almost every year since 2002. We have visited the great cities and the remotest regions, except the northwest. We have traveled with younger colleagues and students who can explain what is happening. They can answer questions which I base on previous studies of Europe, India […]
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