USEUROPEAFRICAASIA 中文双语Français
Opinion
Home / Opinion / From the Press

hina's exports promote global innovation and growth

chinadaily.com.cn | Updated: 2013-05-31 17:39

The market economy needs competition and reform and developed countries must pay attention to China's growing presence, says an article in People's Daily (excerpts below).

The competition triggered by China' exports promotes growth in neighboring countries.

However, many countries claim that China's exports rob countries of jobs and exacerbates economic recession. This is misplaced. Competitive exports always benefit both parties and the innovation spillover of exports benefits not only the United States and the eurozone but other areas as well.

Only through treating China's exports as indicators of innovation can developed countries transform their challenges to opportunities and upgrade their industrial structures.

In the era of globalization, competition cannot be ignored. Developed countries should actively adapt to the new era through reform.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US