A Global Perspective on The Two Sessions
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Chinese government strongly supports high-level expert advice
President Xi has explicitly endorsed contributions to policy making by the country's top intellectuals, contrary to developments in many Western countries.
- If China achieves "moderate prosperity" by 2020, only 19 percent of the world's population will be in countries with a higher per capita GDP.
- The recent NPC session proved that China is moving "full steam ahead" on the Belt and Road project, and it is hoped that the May forum will provide added impetus.
- China's defense spending continues to increase, but is still less than one-third the U.S. level, so Western alarmists need to keep a clear perspective.
- China's commitment to free trade is evidence of the complete transformation of China and the success of her consistent policy of "reform and opening up."
- Democracy seeks maximum benefits for all, and in this regard, argues the author, China is doing very well.
- The codification of civil law is an urgent task facing the Chinese government as the country's development moves steadily forward.
- The Chinese government is entering uncharted waters as it plots an expansionist but cautious economic course in future.
- A new e-commerce law will be enacted next year to cover the burgeoning industry. This will need constant reforming in an era of positive creative destruction.
- The current NPC and CPPCC meetings in Beijing offer a great opportunity for China to assume a key role in shaping new global governance.
- With China's top legislature now gathering for the annual session in Beijing, it's important to reflect on the importance of China's most important project.
- Westerners tend to analyze China from their geographical perspective, but it helps when they pay closer attention to its domestic structure and developments.
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A political 'perfect storm' may boost international talent recruitment
International and domestic developments could enable China to position itself as an increasingly attractive destination for high-level talents.
- The mega "Belt and Road (B&R)" initiative is catching global attentions faster than many people had expected.
- Protectionism against China or other countries directly damages U.S. wages and jobs.
