Paraders in a grand celebration marking the 60th founding anniversary of New China on Thursday saluted late Chinese leader Deng Xiaoping for the ongoing reform and opening-up drive he launched in 1978.
China's economic aggregate ranked third in the world as of 2008, pulling it into the list of lower-middle-income countries from low-income ones, according to a Sept 7 report released by the National Bureau of Statistics (NBS).
Chinese leaders should rethink the country's reform package amid changing global and domestic situations and take "quicker and radical" steps to move toward a market-oriented economy by 2020, said a senior political advisor.
There is no sign that China will let up on reform although many economists and commentators have expressed worries that China might overreact to the financial crisis and veer away from reform and opening up.
I first visited China in August 1976. After graduating in Chinese studies in England in 1967, I tried to get a job of teaching English in China so that I could continue my study of Chinese language and culture, but the universities had been closed because of the "cultural revolution" (1966-76). Another nine years passed before I joined a friendship delegation to China.
Former US secretary of state Henry Kissinger on Thursday extended his warm congratulations to the People's Republic of China on its 60th founding anniversary, which falls on October 1, and praised New China's achievements as " extraordinary."
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