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What explains above stated differences, and is the superior performance of the Chinese economy sustainable?Getting the answers to these questions, and thus learning what other poor countries can take from Chinese experience, can clearly make huge difference, not only for China but for the rest of the word.
In international relations, China admires the principles of political unity which is enshrined in EU principles.
China believes that these principles are close to many political principles close to the Chinese State- treating all people as equals, unity, seeking political negotiation when the nation is in crisis and harmony of the people.
The Chinese excelled in many other areas, including mathematics, warfare and transportation, to name a few.
Although But then, no one else could have done so at the time, since iron existed nowhere else but in China.
China has grown rapidly over the past decade and it is now the largest economies outside of the group of advanced countries. It is increasingly seen as one of the major economic powers in the world.
China’s economy is twice large as those as Brazil, India and Russia taken combined (and its population is enormous, more than four times of the USA. According to IMF the investment rate (the ration of investment to output) in China is between 40% and 45% of output, a very high number.I support the position of the President of the European Commission Jean-Claude Juncker from 29 June 2015, during the EU-China summit that through international cooperation China and the EU can do great things together.Working side by side both communities can reach new heights in the fields of science, economy and social development.The Chinese agriculture not only helps feeding developing countries but also other leading world powers.The global economic crisis is not over, it continues and China helps many European, South American, northern African countries to deal with it.The concept of the Chinese wise man about the five elements of the world is very well known in Europe- water, fire, metal, wood and earth.The idea of the two driving forces of nature to mankind – Yin and Yang (light and darkness, sky and earth, man and woman) is known by all the nations on the planet.When described in this, achieving high productivity and high output growth appears easy, with easy recipes that every poor country could follow. China is one of many countries which made the transition from central planning to a market economy.Most of other countries, from central Europe to Russia and the other former Soviet republics have experienced a large decrease in output at the time of transition.Ancient China was extreme advance and many of its discoveries are still in use today.This is what Robert Temple, the author of The Genius of China 3000 years of science, discovery and invention.