In an apparent response to the rebalancing calls, the new five-year plan proposals call for greater investment in people including subsidies to encourage child birth, an extension of free education, strengthening pensions and insurance and boosting rural incomes.
China must “combine improving people’s livelihoods and boosting consumption by closely integrating investment in things with investment in people”, Xi said.
❤️🔥
22
darkernations - 1mon
If the west was sincere he would have won several poltico-economic "nobel prizes" by now.
8
☆ Yσɠƚԋσʂ ☆ - 1mon
Exactly, China has had a faster rate of human development than any other nation in history. Period. Everybody should be studying what China is doing and using it as a model.
5
darkernations - 1mon
China's economic planning is currently the closest real world example of a humane version of an RTS game focused on human development.
In addition, tech such as thorium or fusion power or next generation battery science in the west is always explained as 30 years away in some youtube edutainment vid since the internet began but China has acutal developmental goals that it
consistently outperforms more times than not.
A worker's state makes utopian scifi a reality.
15
haui - 1mon
This article reads like the epitome of cope. China does not focus nor does it need to focus on "consumption" because that is exactly how the west drives its own collapse.
God I hate FT.
3
☆ Yσɠƚԋσʂ ☆ - 1mon
it can be painful to read, but they do squirrel away some interesting facts in their articles
yogthos in china
China calls for ‘extraordinary measures’ to achieve chip breakthroughs
https://www.ft.com/content/a0d51b13-de0a-43f7-b0d7-6cf44643269dhttps://archive.ph/lhQ77
❤️🔥
If the west was sincere he would have won several poltico-economic "nobel prizes" by now.
Exactly, China has had a faster rate of human development than any other nation in history. Period. Everybody should be studying what China is doing and using it as a model.
China's economic planning is currently the closest real world example of a humane version of an RTS game focused on human development.
In addition, tech such as thorium or fusion power or next generation battery science in the west is always explained as 30 years away in some youtube edutainment vid since the internet began but China has acutal developmental goals that it consistently outperforms more times than not.
A worker's state makes utopian scifi a reality.
This article reads like the epitome of cope. China does not focus nor does it need to focus on "consumption" because that is exactly how the west drives its own collapse.
God I hate FT.
it can be painful to read, but they do squirrel away some interesting facts in their articles