There are two paths in front of us, one of division and the other of cooperation. It is time for leaders to choose the second through action. That's why the annual meeting in Davos has captured worldwide attention.
After more than 30 years of extraordinary growth, the Chinese economy is shifting onto a more conventional development path - and a difficult rebalancing is underway, affecting nearly every aspect of the economy.
The year has begun ominously for dairy farmers in northern China, with many of them being forced to dump their milk and slaughter their cows because of the falling prices of dairy products. Some in Hebei province have even been feeding fresh milk to pigs.
China has been taking measures to ensure that the maximum number of youths graduating from colleges every year gain employment. The most recent such measure is one taken by the Education Ministry that allows college students to suspend their studies to start their own businesses. The ministry's move contrasts with its past policies that focused mainly on expanding the size and number of universities.
The rise of China has been dominating the agenda of the annual meeting of the World Economic Forum in Davos, Switzerland, for the past couple of years and, according to some observers, it will continue to do so this year.
The theorist most attuned to the entrepreneurialism of the street was economist Joseph Schumpeter. He saw capitalism as a biological organism, an entity in a constant state of becoming the entrepreneur as the agent of constant mutation.
THE 18TH COMMUNIST PARTY OF CHINA CENTRAL commission for Discipline Inspection recently published the concluding report of its fifth plenary session, which listed State-owned Enterprises as the next main targets of anti-graft storm. Comments:
AFTER THE TERRORIST attack on the offices of Charlie Hebdo magazine in Paris, which left 12 people dead and many others injured, the magazine targeted for its controversial Islam-related cartoons, used another Islam-related cartoon on the cover of its latest edition. Comments:
Cleaning up official intermediary agencies was designated one of the critical moves necessary to eradicate the soil that breeds corruption at a China's cabinet meeting on Wednesday.
Never has the toll-charging system been so contentious in China, although the country had 100,000 kilometers of expressways by the end of 2013, the longest in the world.
With its rising power, China actively participates in international affairs, but it maintains the constant stand that disputes and divergences should be peacefully settled through dialogue and negotiation, rather than the use of force.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
