INSIDE GLOBAL TRADE
Policy Brief No. 201842
July 3, 2018
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China enters new stage of opening-up
Su Qingyi
Both historical and international experiences show that only by further opening up to the outside world can China continue to develop its economy and maintain its vitality. However, the level and rhythm of opening-up must be adjusted according to the national conditions.
For least-developed and developing countries, their process of opening-up to catch up with the developed world generally goes through three phases: participation, deepening and maturity.
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