A People's Daily Online Original Production | Producer: Li Zhenyu | Special Advisor: Li Shengjiao and Shi Mingshen
A People's Daily Online Original Production | Producer: Li Zhenyu | Special Advisor: Li Shengjiao and Shi Mingshen
"The Chinese Dream, after all, is the dream of the people. We must realize it by closely depending on the people, and we must incessantly bring benefits to the people." — Xi Jinping
"The Chinese Dream means the great rejuvenation of the Chinese nation. It embodies achieving prosperity for the country, renewal of the nation and happiness for citizens." — Xi Jinping
"The Chinese Dream is a dream for peace, development, cooperation and mutual benefit for all. It will not only benefit the Chinese people, but also people of all countries in the world." — Xi Jinping
When Chinese President Xi Jinping took the helm last November with a fresh catchphrase — the Chinese Dream, it soon became a buzzword. Within a year, the Chinese Dream has resonated not only with the ordinary Chinese people, but also global elites from the four corners of the world.
A group of the world's most powerful business leaders, including Rick Snyder, Yves Leterme, Francisco Sánchez and Timothy Adams, speak exclusively to the People's Daily Online Business Channel (PDO Biz) about their understanding of the Chinese Dream.
A 'Chinese dream' from an US Governor
"We hope to really establish a good partnership relationship with China." — Rick Snyder
"The successful businesses of the future will be those that seize opportunities in growing economies such as China." — Rick Snyder
"Chinese investment can do a lot. Chinese immigrants are job-generators. It's a misunderstanding to think they take jobs. They add jobs." — Rick Snyder
Fmr. Belgian Prime Minister Yves Leterme
"President Xi's Chinese Dream is a very intelligent and well-chosen way to put the Chinese economy in a new face of its development." — Yves Leterme
"The Chinese Dream is a big opportunity for the global economy. It's one of the major opportunities to bring more welfare and wealth to people all over the world." — Yves Leterme
"I felt President Xi is a very intelligent, friendly and very sympathetic person; and he is very keen on being a good leader for China and the Chinese people." — Yves Leterme
US Undersecretary of Commerce for International Trade Francisco Sánchez
"About the Chinese Dream, I think that President Xi wants the people of China to prosper and to live in a country with opportunity." — Francisco Sánchez
"I think that the Chinese Dream and the American Dream share similar goals, that is, to have a good quality of life and to make sure there is opportunity for personal growth and economic growth." — Francisco Sánchez
What does the Chinese Dream mean for the China-US economic ties? How does the US government see the growing Chinese investment in the world's largest economy? What will emerge as the new possibilities for the bilateral economic cooperation between China and the United States? The US Commerce Undersecretary has the answers:
Former US Undersecretary of Treasury for International Affairs Timothy Adams
"I think what President Xi says is to challenge people to have big dreams and to create the idea of economic mobility and economic progress. And I think those are good and really noble characters." — Timothy Adams
"It's in the United States' interest to have a growing and prosperous and developing Chinese economy. So I think the Chinese Dream is complementary to the American Dream." — Timothy Adams
The way to realizing the Chinese Dream is by deepening China's economic reforms. Financial reforms including the currency reform play a key role in this process. Timothy Adams, the George W. Bush administration's point person on international financial and economic issues and President of the IIF, shares with us his perspectives on these matters:
Long-time China watcher Stephen Roach
"I think the combination of the 'Chinese Dream' slogan and a series of concrete policies is a powerful message to the world that the new government is very serious about moving to a more balanced and sustainable economic model in China that will allow the growth miracle of the last 30 years to continue for quite some time." — Stephen Roach
"I think the Chinese government will be successful in rebalancing its economy and in dealing with the structural issues that have kept the economic growth focused too much for too long on external demands and not enough on internal demands." — Stephen Roach
GWU Professor of Int'l Biz Doug Guthrie
"Even though President Xi and Premier Li have to be very careful in terms of how they are proceeding with the economic reforms, I think they are looking like they are pretty aggressive at driving the country forward and being serious about the economic reforms." — Doug Guthrie
"China has never, never been an expansive power and as aggressive as some people pretend to think. The idea that there's a China threat to me just seems like a very very self-serving bias." — Doug Guthrie