https://www.scmp.com/rss/322394/feed Justin Yifu Lin, a former chief economist at the World Bank, is dean of the Institute of New Structural Economics and dean of the Institute of South-South Cooperation and Development. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The eighth Forum of China-Africa Cooperation took place recently in Dakar, Senegal. At past forums, China has announced large development-financing packages. But this year, President Xi Jinping opened the forum by pledging another billion doses of Covid-19 vaccines and more private-sector equity investment to Africa. This is just one sign of how profoundly the development landscape has changed in the pandemic’s wake. Covid-19 has forced policymakers and development professionals to regroup and... https://www.scmp.com/comment/opinion/article/3158721/how-chinese-investment-can-support-sustainable-growth-africa?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3158721/how-chinese-investment-can-support-sustainable-growth-africa?utm_source=rss_feed Tue, 07 Dec 2021 22:45:09 +0000 In September, China will host the G20 meeting of world leaders for the first time. It could not have chosen a more opportune moment to assume a leadership role. President Xi Jinping (習近平) should seize the occasion to push China’s ambitious development agenda globally. Specifically, Xi should make the case that development done right benefits everyone, and he should launch discussions on a multilateral investment agreement to be developed in the next year. This is an achievable goal for the... https://www.scmp.com/comment/insight-opinion/article/1999660/far-reaching-goals-g20-summit-are-within-worlds-and-chinas?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1999660/far-reaching-goals-g20-summit-are-within-worlds-and-chinas?utm_source=rss_feed Sun, 07 Aug 2016 01:01:34 +0000 China’s recently finalised 13th five-year plan maps out its economic strategy and ambition for the 2016-2020 period. Among its objectives are a doubling of GDP and average rural and urban household incomes relative to their 2010 levels. These targets would require China’s economy to grow at an average annual rate of at least 6.5 per cent during the next five years. Given that China’s growth has decelerated every quarter since the beginning of 2010, some have questioned whether it is achievable.... https://www.scmp.com/comment/insight-opinion/article/1931325/why-china-will-meet-its-growth-targets?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1931325/why-china-will-meet-its-growth-targets?utm_source=rss_feed Mon, 28 Mar 2016 10:30:30 +0000