Xinhua, Buenos Aires :
China’s 13th Five-Year Plan (2016-2020) will have an unprecedented global impact, particularly in the fields of science and technology and environmental protection, a leading Argentine economist said.
Gustavo Girado, head of the Buenos Aires-based Asia-Argentina consulting group, spoke with Xinhua on Friday about the global significance of China’s roadmap for socio-economic development over the next five years.
As the world’s No. 2 economy, China’s actions necessarily have an impact on the rest of the world, he said. But it is the Asian giant’s greater opening up and connectivity with other emerging markets, as well as its currency joining the global reserve currency basket, that makes China’s development policies particularly significant for other nations.
As he sees it, China’s active role in global forums attests to its larger role in global affairs.
“It is evident in China’s presence in venues such as the Group of 20, and in the strengthening of its comprehensive partnerships, such as the one it has with Argentina,” said Girado.
With China playing a leading role in global affairs, the new five-year plan, which was approved by Chinese lawmakers on March 16, “is going to have a strong impact” both domestically and globally, he said.
At the national level, the plan aims to tackle the “need to have growth imply economic development across the board and to reduce the income gap,” said Girado.
China’s 13th Five-Year Plan (2016-2020) will have an unprecedented global impact, particularly in the fields of science and technology and environmental protection, a leading Argentine economist said.
Gustavo Girado, head of the Buenos Aires-based Asia-Argentina consulting group, spoke with Xinhua on Friday about the global significance of China’s roadmap for socio-economic development over the next five years.
As the world’s No. 2 economy, China’s actions necessarily have an impact on the rest of the world, he said. But it is the Asian giant’s greater opening up and connectivity with other emerging markets, as well as its currency joining the global reserve currency basket, that makes China’s development policies particularly significant for other nations.
As he sees it, China’s active role in global forums attests to its larger role in global affairs.
“It is evident in China’s presence in venues such as the Group of 20, and in the strengthening of its comprehensive partnerships, such as the one it has with Argentina,” said Girado.
With China playing a leading role in global affairs, the new five-year plan, which was approved by Chinese lawmakers on March 16, “is going to have a strong impact” both domestically and globally, he said.
At the national level, the plan aims to tackle the “need to have growth imply economic development across the board and to reduce the income gap,” said Girado.
