Overseas media highly endorse China's transformation of economic development mode

Xinhua News Agency, Beijing, October 19. Since 1953, China has planned and implemented 11 national economic and Social Development five-year planning, and achieved remarkable achievements. October 18, 2010, the 17 session of the V plenary considered the adoption of the Central Committee's recommendation on the formulation of the 12th five-year plan for national economic and social development.　　Therefore, the "Twelve-Five" plan and the essence of the idea has been clearly visible. The "Twelve-Five" plan is about China's future and drawing the world's attention.　　Understanding and confidence, this is the world to China's future transmission of information. Node--The view of the world the Chinese business newspaper points out that in the upcoming "Eleven-Five", China successfully responded to the international financial crisis, natural disasters and emergencies, successfully hosted the Beijing Olympic Games, the 60 anniversary of the founding of the New China and the Shanghai World Expo and other major events, China's economy has surpassed Italy, France, the United Kingdom　　, Germany, Japan, ranked second in the world, comprehensive national strength, national cohesion are significantly improved. On the other hand, the newspaper also noted that the current world economy is entering the post-crisis period, the global supply and demand structure is changing, international currency war, trade war jittery, China's peripheral diplomatic problems ensued.　　At the same time, China also faces many problems: the imbalance of income distribution, the widening gap between rich and poor, health care, education, social security and other reforms have entered a critical period.　　Singapore's Lianhe Zaobao also noted that the 17 session of the V Plenary was a study and formulation of "Twelve-Five" planning proposals in the context of China's increasingly pressing economic restructuring, pressure on appreciation of the renminbi and the rise of international trade protectionism.　　From overseas public opinion can be seen, in the "Eleven-Five" is coming to an end, "Twelve-Five" is looming, the Chinese government and people are standing on a new development node, has the reason for the past achievements feel proud and happy, more necessary to be ready to embark on a new journey. Transformation--The understanding of the world can be asserted that changing the way of economic development will become a key vocabulary of "Twelve-Five" planning.　　In this respect, the overseas media and people to deeply understand and highly recognized. Overall, China's industry is still at the low end of the international industrial chain, according to the Macao Daily editorial.　　"If we can not grasp the trend to speed up economic restructuring, it is inevitable in the new round of competition between the widening gap between the developed countries." Hou Bingdong, a Canadian expert on China, said whether from the environment, or from increasing domestic demand and reducing dependence on exports, China needs to transform its economic growth pattern to "reduce the negative environmental impact on land and people, gradually upgrade its manufacturing capacity to the top of the value chain, and accelerate the development of the service industry,　　Make the proportion of services in the economic component further increased. Lin, senior vice president and chief economist at the World Bank, also believes that China's export-led growth is unsustainable. The next 5 years, the transformation of the mode of economic development should remain the focus of China's development. Not only for the next 5 years, even for the next 10 years,The medium and long term development of the 15 is very important. The world is watching China, and China is affecting the world.　　It can be said that the decision made by the 17 v plenary to accelerate the transformation of economic development is the need for China's own development and will contribute to the global economy. The future--the confidence of the world against China to build a well-off society in 2020, the Secretary-General of Malaysia and China Friendship Association Chen Kaixi believes it is not difficult to achieve this goal in the light of China's current pace of development. The Chinese government is trying to improve people's livelihood and promote social equity, which will help to solve the problem of disparity and uneven development.　　In his view, China will produce more middle class in the future to promote social stability.　　The US "China Business daily" pointed out that the changes in the world economic situation, the economic restructuring of China has brought a golden "buffer zone", the United States and Europe to return to stable growth will take time, international capital flow is still good for China, the cost of economic restructuring is not high. The world is full of confidence in China.