The fifth Vision China event themed “40 Years On--China and the World” was in London on September 13. The event, held by China Daily, explains the nation's continuing reform and opening-up success to UK audiences.
Zhou Shuchun, publisher and editor-in-chief of China Daily, delivered his welcoming speech, noting President Xi Jinping has reiterated that China will carry its reform, which will be further deepened, into the future. He said further efforts to reform and open-up in China’s continued the “second revolution” will usher in a new era of development for the country and bring peace, progress and prosperity to the world.
Editor-in-Chief of China Daily Zhou Shuchun (third right) and guest speakers. [Photo: Zou Hong/China Daily]
Distinguished guests shared their thoughts on the achievement of China’s reform and opening-up in the past 40 years. Guest speakers included Liu Xiaoming, Chinese ambassador to the UK, Jim O'Neill, the British economist who coined the concept of BRICs, Fu Xiaolan, director of Oxford University's Centre for Technology and Management Development, Nikhil Rathi, chief executive of London Stock Exchange Plc, and Martin Jacques, author of the international bestseller When China Rules the World.
Ambassador Liu Xiaoming said the Vision China gives them a good, timely opportunity to talk about the outlook of China and the world 40 years on. According to him, China's reform and opening-up will provide the world with a powerful engine for growth, a big market and opportunities.
Jim O'Neill said China has had the most astonishingly long period of unprecedentedly high economic growth. To continue its success, he said, China needs make further efforts in increasing the share of consumption in its GDP, controlling pollution and continuously opening its financial sector.
Fu Xiaolan from the University of Oxford, said China's success comes in part from Chinese companies’ willingness of collaboration and innovation. She noted that innovation will be the most important driver of China's structural transformation, which will enhance the quality of growth, and also help other countries through knowledge transfer and trade and investment.
Nikhil Rathi, chief executive of the London Stock Exchange Plc, said China is on track to be among the largest capital markets in the world. According to Rathi, they are embarking on the Shanghai-London Stock Connect, under the umbrella of China-UK governmental cooperation. This project will allow global investors to benefit from China's growth and UK-listed companies will be able to access Chinese investors directly.
Martin Jacques, the British writer, also shared his observation on the role China's reform and opening-up plays in global development. He said China's rapid growth since 1978 has not only created an economic miracle for China, but also provided a new development model for other emerging economies to look toward.
The events were broadcast live on the internet and through multimedia platforms, reaching international audiences and especially capturing the attention and participation of young people.
The fifth Vision China event themed “40 Years On--China and the World” was in London on September 13. The event, held by China Daily, explains the nation's continuing reform and opening-up success to UK audiences.
Zhou Shuchun, publisher and editor-in-chief of China Daily, delivered his welcoming speech, noting President Xi Jinping has reiterated that China will carry its reform, which will be further deepened, into the future. He said further efforts to reform and open-up in China’s continued the “second revolution” will usher in a new era of development for the country and bring peace, progress and prosperity to the world.
Editor-in-Chief of China Daily Zhou Shuchun (third right) and guest speakers. [Photo: Zou Hong/China Daily]
Distinguished guests shared their thoughts on the achievement of China’s reform and opening-up in the past 40 years. Guest speakers included Liu Xiaoming, Chinese ambassador to the UK, Jim O'Neill, the British economist who coined the concept of BRICs, Fu Xiaolan, director of Oxford University's Centre for Technology and Management Development, Nikhil Rathi, chief executive of London Stock Exchange Plc, and Martin Jacques, author of the international bestseller When China Rules the World.
Ambassador Liu Xiaoming said the Vision China gives them a good, timely opportunity to talk about the outlook of China and the world 40 years on. According to him, China's reform and opening-up will provide the world with a powerful engine for growth, a big market and opportunities.
Jim O'Neill said China has had the most astonishingly long period of unprecedentedly high economic growth. To continue its success, he said, China needs make further efforts in increasing the share of consumption in its GDP, controlling pollution and continuously opening its financial sector.
Fu Xiaolan from the University of Oxford, said China's success comes in part from Chinese companies’ willingness of collaboration and innovation. She noted that innovation will be the most important driver of China's structural transformation, which will enhance the quality of growth, and also help other countries through knowledge transfer and trade and investment.
Nikhil Rathi, chief executive of the London Stock Exchange Plc, said China is on track to be among the largest capital markets in the world. According to Rathi, they are embarking on the Shanghai-London Stock Connect, under the umbrella of China-UK governmental cooperation. This project will allow global investors to benefit from China's growth and UK-listed companies will be able to access Chinese investors directly.
Martin Jacques, the British writer, also shared his observation on the role China's reform and opening-up plays in global development. He said China's rapid growth since 1978 has not only created an economic miracle for China, but also provided a new development model for other emerging economies to look toward.
The events were broadcast live on the internet and through multimedia platforms, reaching international audiences and especially capturing the attention and participation of young people.
