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Italian experts: CPC congress to impact on Chinese, global economy


08:47, November 06, 2012

ROME, Nov. 5 (Xinhua) -- The upcoming 18th National Congress of the Communist Party of China (CPC) will make strategic arrangements for the overall advancement of China's reform and opening up, Italian experts said on Monday.

Over the past decades, China has made significant achievements, but continues to face a series of challenges that need to be addressed through further reforms, Vittorio Emanuele Parsi, a noted professor of international relations at the Catholic University of Milan, said.

"For a country of over 1.3 billion people, the biggest issue is how to make the jump from developing to advanced economy, which requires increased efforts to tackle the many contradictions and disparities that undermine stability," he told Xinhua.

However, the strength of China's economy based on a wise combination of state planning and private businesses can withstand the crisis better than in other systems, Diliberto noted, calling himself "very confident" in the ability of CPC leadership to handle key challenges.

The upcoming congress will be convened under fundamental topics for the future of China, that should spare no effort in advancing the well-being of its entire people while seeking to build a conservation culture, he said.

In fact, in the current times of economic globalization and political multi-polarization, changes in one country cannot but influence others, especially for a major country like China, said Giorgio Prodi, an economics professor at the University of Ferrara.

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