Today China firmly occupied the leading position in the global economy, but its main question that disturbs not only Western observers, but Chinese people is the following: how long will the country be able to occupy the leading position? And what is also important - at the expense of what will be this position maintained. China's leaders have solved this problem: all efforts will be put on education, as states web-site CentreAsia that posted on Saturday an article by sinologist Evgeniy Matyash. We think it will be interesting to the members and students of KFU.
It is obvious, that export orientation and state regulation played a great role in booming of Chinese economy. However, if the prospects for state regulation are not a question of hesitation, because in foreseeable China will not refuse from the planned economy under any circumstances, the question concerning foreign trade is not clear. The Chinese continue to provide the world market with cheap textiles and electronics, but don`t intend to do it so unlimitedly, and claim to a higher role in the international division of labor.
So it is not surprising that, starting from the end of XX century, the leaders of the country pay attention not only to production reorientation to domestic market, but also to improvement of the sphere of education.
The original material is here.