Latest News:  

English>>Foreign Affairs

An objective understanding of China’s development (II)

(People's Daily Online)

10:10, January 02, 2013

The National Intelligence Council of the United States (NIC) has recently released the report “Global Trends 2030: Possible World,” forecasting that China’s total economic output (GDP) will surpass the United States by 2030 and become the world’s largest economic entity. The report also said that it will be difficult for Chinese economy to maintain the average annual growth rate between 8 and 10 percent like in the past 30 years, and will face the risks of political instability, rising nationalism and “middle-income trap.”

It is the first U.S. official forecast saying that China may catch up to it in the future, which caused great attention of the international media.

The release of the report and its contents might encourage the wrong views including “China responsibility theory,” “China collapse theory” and “China threat theory.” Therefore, it is necessary to make a clarification and let the world know a true China.

China will still be the best place for the world to invest.

The “2012 World Investment Report” of the United Nations Conference on Trade and Development (OECD) named China as the most popular host country in the eyes of multinational companies. China has confidence and conditions to remain the most attractive to international investors. It will attach great importance to and properly deal with the “middle-income trap.” However, the view that China will fall into the “middle-income trap” is unfounded and irresponsible. The reasons are as follows:

【1】 【2】 【3】


Leave your comment0 comments

  1. Name


Selections for you

  1. Navy protects ships from pirates

  2. Weekly review of military photos

  3. Afghan refugees' daily life in Iran

  4. Black-headed gulls come to Kunming

  5. Beijing witnesses 7th snowfall this winter

  6. Top 10 economic events in 2012

  7. Recipe:chicken with sizzling stuff

  8. Apple's biggest headlines, launches, and mess-Ups

Most Popular


  1. Why ‘Chinese style road crossing’ occurs
  2. Time to abandon obsession with theme parks
  3. No grand glory, but plenty to cheer about
  4. Optimism over China's economy surfaces
  5. Internet gaming: 'A winning gamble'
  6. People have right to know what chickens eat
  7. Catchwords in memory in 2012
  8. Why the young Chinese get physically weaker
  9. Why Discover China is popular in the West
  10. The laughter sounds too harsh

What’s happening in China

Black-headed gulls come to Kunming for winter

  1. New measures drafted against online video piracy
  2. Charities' 'full scores' on transparency mocked
  3. Court rejects village official's labor camp appeal
  4. Outdoor restroom collapse kills 2 students
  5. First subway to cross Yangtze opens