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World eyes China for new development opportunities after CPC congress -- global credit rating expert
Last Updated: 2017-11-10 03:09 | Xinhua
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The whole world is eyeing China now for new development opportunities following the successful conclusion of the 19th National Congress of the Communist Party of China (CPC) in October, a Chinese global credit rating expert told Xinhua.

"After the successful conclusion of the CPC national congress, the whole world is turning its eyes to China to see new development trends in China and the country's response to what is going on in the outside world," Guan Jianzhong, chairman of Dagong Global Credit Rating Group, told Xinhua in a recent interview on the sidelines of the 2017 Horasis China Meeting, a two-day forum kicked off here on Sunday.

"This is totally different from what happened in the previous years," said Guan, head of the 23-year-old credit rating agency based in China. "In the past, we Chinese worked very hard to brief foreigners on the new situation in China, but the efforts were not very much effective."

"At present, foreigners no longer passively receive our information. Instead, they ask us for China-related information very actively," he said.

He noted that the positive change took place after many countries found that relevant Western theories failed to create new impetus for global economic growth.

"Instead, the new experience and concepts which emerged from China's development practice over the past years are worth being promoted across the world," he said.

The effective implementation of the Belt and Road Initiative will play a great role in boosting economic development in participating countries and regions, Guan said.

The Belt and Road Initiative, proposed by China in 2013, comprises an overland Silk Road Economic Belt and a 21st Century Maritime Silk Road and aims to revive and expand cooperation and exchanges along and beyond the ancient Silk Road routes, which nurtured trade between Asia and the outside world in the past.

The blueprint for sustainable development, which was hammered out at the CPC national congress, is conducive to spurring economic growth in China and worldwide, he added.

About 300 businessmen, scholars and government officials attended the above-mentioned two-day forum. They are from countries including Belgium, Britain, China, France, Germany, Haiti, India, Mozambique, Russia, Saudi Arabia, the Netherlands and the United States.

Introduced in 2005, the forum has become one of the foremost global business gatherings on China.

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