Core direction of human development reflected in China's development: British economist

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the Chinese economy has maintained stable growth, and the people have gained practical benefits from economic development, he said.

The outline of China's 15th Five-Year Plan introduced a series of new development measures, and Ross has expressed particular interest in China's scientific and technological innovation.

He said China has transformed from a technological leader in a few fields at the beginning of the 14th Five-Year Plan period(2021-2025) to a global leader in electric vehicles, renewable energy, artificial intelligence and other fields, and this transformation is amazing.

According to Ross, the core of China's scientific and technological achievements lies in the high proportion of R&D investment and high conversion efficiency of this into products. High-level R&D investment, deep integration with the real economy, and scientific guidance, these three factors will promote China's technological breakthroughs.

"I believe that the implementation of the 15th Five-Year Plan will allow China to take the lead in an increasing number of fields of global science and technology, and through extensive cooperation with other developing countries, it will also promote the common interests of all countries," Ross noted.

Ross believes that at the current historical stage, the core direction of human development is reflected in China's development. He said China has chosen an open path that suits its own national conditions and has presented a historical opportunity. China's opening up over the past 40 years has proved the correctness of this path with practical results.

"I hope that more countries can learn from China's opening up and jointly promote the global economy in a better direction," he said.

Source: People's Daily

Core direction of human development reflected in China's development: British economist

A report from People's Daily: John Ross, British economist and former director for economic and business policy for the mayor of London, recently ...

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