Members Want Change to Economic Pattern
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Despite the global financial crisis, China's economy managed to achieve 8.7 percent growth in 2009. However, the crisis revealed problems of the current economic development pattern in China which it has been adopting for more than 30 years. At the on- going sessions of the NPC and CPPCC, delegates expressed suggestions and ideas for change.
Mr. Shi Xiangguo is a member of the CPPCC from Hong Kong Special Administrative Region. He has been watching the country's economic development approach for years. He thinks it is the right time to change the current development pattern.
Shi Xianguo, CPPCC member, said, "The products made in China are rather cheap. For example, the value of a container of clothes is not as much as that of a computer which is made overseas. We must change to make high value-added products and build our own brands."
CPPCC member Wang Naijing says the heavy cost of fast economic growth in China polluted the environment and the work force is now burdened with low salaries. This is not a sustainable model.
Wang Naijing said, "Some energies are not renewable. The tension of energy supply has appeared. We can not afford to be a world factory any longer with the price of polluted water, air and rivers."
Another CPPCC member Gao Jingde says the challenge can be an opportunity for China.
Gao Jingde said, "We should grasp the financial crisis as an opportunity to make investment in high-tech. And when the crisis is over, we will stand on a higher stage."
Analysts say China will gradually turn to rely on domestic consumption and make massive investment on human resource capital to lay a solid foundation for further development.
(CCTV March 10, 2010)