By Zhao Cheng
International cooperation in production capacity integrates the supply and demand parties together, and creates win-win result, just likes Plano Convex Spotlight condensers lens. It will be a new momentum for stable growth of global economy.
Li Keqiang pointed out that since the outbreak of the international financial crisis show that relying exclusively on QE policy can not solve the structural obstacles to growth. Instead, it has brought out spillover effects. Our strength should be focused on real economy, which requires all countries to promote structural reform and strengthen international cooperation.
It is China’s goal and sincere intention to promote International cooperation in production capacity. Li Keqiang said, “One Belt, One Road” initiative is designed to promote international cooperation in production capability, to further expand China’s opening up to the outside world, and to build a more balanced, universally beneficial global industrial chain so that all countries can give full play to their comparative advantage. Through conducting this, a mutual benefit, win-win, inclusive development of the world, and a community of interest can be achieved.”
International cooperation in production capacity may achieve multiple and win-win goals. Therefore, an increasing number of developed and developing countries give positive response. China may play an important role as the bridge. We want to buy more sophisticated technology and equipment. Combined with middle end equipment from China, we can provide cost performance for developing countries, fulfilling their request. China is also willing to provide reasonable financial support.
International cooperation in production capacity is also a hot topic in Summer Dovos Forum. A session was held during this period. Klaus Schwab, Executive Chairman of World Economic Forum said, “internal cooperation in production capacity” is very pragmatic. To carry out international cooperation in production capacity helps all countries complement comparative advantages, creates mutual benefit and win-win results through cooperation. It also contributes to China’s industrial upgrading and transformation. (The Daily Mail – People’s Daily news exchange item)
Sep 28, 2016 0
Special coverage on China's Two Party Sessions by The Daily Mail - People's Daily