Opinion Flash
  • Larger tax cuts beneficial for long term

    2019-01-21 15:58

    China has adopted a proactive fiscal policy and launched a new round of larger, inclusive and more substantial tax cuts, which is an effective way to adapt to economic developments in the new era, according to Tang Yunyi, a researcher of Shanghai Academy of Social Sciences.

  • Chinese economic fundamentals remain stable

    2019-01-21 15:58

    In 2018, China maintained sustained and sound economic development and overall social stability. In 2019, the fundamentals of the Chinese economy remain stable, and the momentum of transformation, upgrading and structural adjustment will not change, according to the "analysis and forecast of China's economic situation" research group in the Chinese Academy of Social Sciences.

  • World economic growth slowing down but structural adjustment accelerating

    2019-01-21 15:58

    There's little likelihood the world economy will enter a recession in 2019, according to Xu Mingqi, a researcher of Shanghai Academy of Social Sciences, because the underlying drivers of growth still exist.

  • Making early preparations for declining population

    2019-01-11 17:56

    According to a report on China's population and labor problems recently released by the Institute of Population and Labor Economics of the Chinese Academy of Social Sciences and Social Sciences Academic Press, calculated as the total fertility rate estimated by the United Nations, China's population will peak at 1.442 billion in 2029, begin to decline after 2030, and shrink to 1996 levels by 2065, Beijing Youth Daily reported.

  • Promoting economic globalization via higher level opening-up

    2019-01-11 17:55

    Facts have proven that China's successful development benefited from reform and opening-up. No matter what happens to the external environment and conditions in the future, China will stick to this path, according to Quan Heng, vice-president of Shanghai Academy of Social Science, Guangming Daily reported.

  • Choosing innovation path based on China's own situation

    2019-01-07 17:31

    China's is in urgent need of innovation to achieve its development goals, but to choose the path most suitable for that innovation, the nation's leaders must take into account China's unique history, geography and culture, according to Yao Yang, president of the National School of Development at Peking University.

  • The new international order is still in limbo

    2019-01-07 17:31

    The most striking feature of the international situation throughout 2018 is that the old international political, economic and security order created after World War II is in danger of collapse, while the new international order is still in limbo, according to Yuan Peng, president of China Institutes of Contemporary International Relations.

  • Accelerate consultation on the East China Sea issue for Sino-Japan relations

    2019-01-07 17:31

    Accelerating the process of substantive consultation on the East China Sea issue is crucial for the steady and long-term growth of China-Japan relations, according to Jin Yongming, director of the China Ocean Strategy Studies Center at the Shanghai Academy of Social Sciences.

  • Technology innovation leads to the restructuring of competition rules in the new economy

    (DRC) 2019-01-07 17:28

    Developing the new economy is a major strategy in China's drive to achieve high-quality development. With higher production efficiency and newer technologies, the new economy will greatly change the intensity and rules of competition, according to Wei Jigang, research fellow at the Research Department of Industrial Economy, Development Research Center of the State Council, or DRC.

  • Accelerating reform in key areas to achieve high-quality development

    (DRC) 2019-01-07 17:27

    China's economy has turned from the stage of rapid growth to high-quality development, and as a result, will face increasingly complex problems and challenges. Accelerating reform and opening-up should made substantive progress in key areas to achieve high-quality development, according to Liu Shijin, vice-chairman of the China Development Research Foundation, and deputy director of the Economic Affairs Committee of the Chinese People’s Political Consultative Conference.

  • Attaching importance to regional development balance

    (CASS) 2019-01-07 17:27

    To achieve the optimum level of regional development, the national planning and coordination function is indispensable, according to Jin Bei, a member of the Chinese Academy of Social Sciences, or CASS.

  • China Daily: Reports of anti-Christmas bias are simply humbug

    (China Daily) 2018-12-27 17:02

    Given the country's need and its resolve to further open up, suppressing Christmas celebrations in the country would only create an image of narrow-minded nationalism, a China Daily editorial stated, regarding Western media reports about China pushing back against Christmas.

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