Experts on China's economic development

CNC
Added On March 13, 2018

China has set its economic growth target at around 6.5 percent this year.
 
Already a major driving force for the world economy, the country is poised to make greater contributions with its reaffirmed commitment to economic rebalancing.
 
Let's hear what experts have to say.
 
SOUNDBITE(ENGLISH) THITINAN PONGSUDHIRAK,Thailand's Chulalongkorn University
"Now, in the last four decades, there have been a lot of economic development, income has risen, You also see the rise of second tier cities." 
 
SOUNDBITE(ENGLISH) THITINAN PONGSUDHIRAK,Thailand's Chulalongkorn University
"People have been better off. And China has the advantage of the leapfrogging technologies. Innovation is key. Innovation in China also has made leaps and gains, you have a lot of start-ups in China. "
 
Experts also praised China's efforts in poverty reduction.
 
SOUNDBITE 2 (English):NINASAPTI TRIASWATI, Indonesian economic expert 
" Now, that is my understanding about the Chinese strategy on poverty scheme in China.So, I am afraid Indonesia should spend much more time in terms of population dynamics to learn strategy from China, which is very good in terms of allocating funding effectively."