LINE

    Text:AAAPrint
    Video

    (Two Sessions Voice) China has two advantages in driving high quality development: Justin Yifu Lin

    1
    2022-03-07 19:06:19Ecns.cn Editor : Li Yuxin ECNS App Download
    Special: 2022 Two Sessions

    (ECNS) -- "To achieve high quality development, China must keep innovating and adjusting industrial and technological structures. During the process, we should fully leverage our comparative advantages," said Justin Yifu Lin, member of the Standing Committee of the Chinese People's Political Consultative Conference (CPPCC), during an online interview.

    China has advantages in two fields, said Lin, also dean of Institute of New Structural Economics at Peking University.

    China's per-capita GDP is approaching the threshold for being a high-income country. But it still has a long way to go before reaching the per-capita GDP of countries such as the U.S. and Germany, so China's relatively backward industries have latecomer's advantages when trying to catch developed countries and emerging opportunities for importing technologies and re-innovating, said Lin.

    Such kind of innovation bears lower cost and risks, Lin added.

    China is home to the most comprehensively-supported industries, so it has advantages in new economy. Over the past years, China has been leading the world in terms of the number of unicorn companies. So we should fully leverage the above two advantages in technology innovation, industrial upgrading and structural transformation.

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    LINE
    Back to top About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2022 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    [網上傳播視聽節目許可證(0106168)] [京ICP證040655號]
    [京公網安備 11010202009201號] [京ICP備05004340號-1]
    主站蜘蛛池模板: 辽宁省| 新宁县| 长兴县| 中山市| 平罗县| 潜江市| 英德市| 县级市| 西安市| 塔河县| 嘉义市| 东方市| 绿春县| 庆阳市| 大连市| 塔河县| 西青区| 拉萨市| 贞丰县| 永德县| 乳山市| 新蔡县| 五原县| 长乐市| 大石桥市| 丰城市| 教育| 浮梁县| 北辰区| 茌平县| 吉林市| 黄平县| 库尔勒市| 浦县| 彰化县| 临漳县| 昌图县| 滨海县| 绩溪县| 连云港市| 东明县|