International Level: Global Economic Landscape and Development Trend
The global economy is still undergoing profound changes. Recovery is sluggish and downward pressure is strong. Reform and innovation remains a difficult challenge. Developed economies have maintained a mild momentum for recovery while most emerging markets are faced with a serious economic downturn. This has aggravated the imbalances and uncertainties in the global economic competition. During the 13th five-year plan period (2016–2020), the government should grasp opportunities, handle challenges and risks properly, speed up structural reform, and be better involved in the global economic transformation so as to gain more benefits and make greater contributions in the global economic competition.
- Li Feng. “Global Value Chain, Export Structure and Gains from Trade”. Shanghai: Shanghai Academy of Social Sciences, 2015.Google Scholar