China's reforms influence world: experts (2)

Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

ALL DIMENSIONAL REFORM PLAN

The top-level design of comprehensive and deep reform approved by the third plenary session will promote reforms in fields such as democracy, advanced culture, a harmonious society and ecological civilization, which will not only benefit China's social and economic development, but also influence the world in multiple ways.

Regarding the rule of law, the cornerstone of democracy, the session pledged to respect the authority of the constitution and legislation and deepen reforms in administrative law enforcement, so as to ensure fair and independent exercise of jurisdictional and procuratorial power, the sound running of the judicial power mechanism and completion of a judicial system of human rights protection.

Required for market effectiveness and social justice, the rule of law, which supports the stability of China's economy and society, will also boost cooperation between China the the rest of the world.

Warren Mcfarlan, emeritus professor at Harvard Business School, told Xinhua, "In every step along the way, it's making you (China) easier to deal with, that people will get more comfortable. For example, when we invested in China, we can't really count on the legal instrument, the legal instrument doesn't mean much."

"As time goes forward, it will be easier for you to get more people investing when people are more comfortable that there is a real rule of law. That again is not something you can talk about today, but you'll get there," Mcfarlan.

Meanwhile, in order to achieve the prosperity of culture, the meeting called for the creation and completion of a modern public cultural service and market system.

Acknowledged by experts home and abroad, the prosperity of Chinese culture, which cherishes harmony in diversity, will strengthen China's soft power and mutual understanding with the rest of the world, and consequently lays foundations for a harmonious and peaceful Earth.

As for social justice, members of the CPC's central committee agreed to reform the income distribution system for common prosperity, so as to ensure and improve people's lives.

In a phone interview with Xinhua, Stephen Roach, a senior fellow at Yale University's Institute of Global Affairs and former chairman of Morgan Stanley Asia, said, if the economic transformation played out, the development of Chinese consumption could be one of the most important developments for the world economy, too, including the United States.

"In my hope for China, these are pieces of a bigger puzzle which really shapes the growth model much more towards a balanced economy that draws support not just from export and investment, but increasingly from internal private consumption," Roach said.

On the environment front, the committee asked for an early establishment of a new pattern for the harmonious development between people and mother nature and the completion of a system guarding exploration, resource conservation and environmental protection.

We Recommend

• Luxury-cars parade held in Dubai
• Special forces take tough training sessions
• Fire guts 22-storey Nigeria commercial building in Lagos
• A girl takes care of paralyzed father for 10 years
  
• A record of Beijing air quality change
• In pictures: explosions occur in Taiyuan
• Live a harmonious life in Pu'er, SW China
• Weekly Sports Photos
• Gingko leaves turn brilliant golden yellow in Beijing