2003 China International Status Report

Author: Zhang Youwen
Publisher:
Publish Date: 2003-04-01
Features: Records the process of China's rise, depicts the trajectory of national resurgence, 2003 China International Status Report, provides a panoramic view of China's maneuvering between opportunities and challenges, and comprehensively analyzes China's path to becoming a strong nation in the context of globalization. 2002 was a landmark year in China's journey toward becoming an economic powerhouse. Marked by its first year of entry into the WTO, China fully participated in the process of economic globalization. This report offers a comprehensive review of China's international economic and political status in 2002, summarizing the overall performance of China's macro economy after joining the WTO, highlighting the historic victory of Shanghai's bid for the World Expo, showcasing the new brilliance of foreign trade under further market openness, and illustrating the full meaning of "rights and obligations" and "opportunities and challenges" through concrete examples. Additionally, the report discusses foreign investment entering China and China's cooperation with multinational corporations, the actual steps taken to open China's financial sector to foreign capital, how China has strengthened economic cooperation with its neighboring countries, China's contributions to counter-terrorism and participation in international mechanisms, China-U.S. relations, China's active promotion of regional integration in Asia-Pacific, and the varying degrees of enhancement in China's partnerships with other major powers. The report is rich in data and comprehensive, with a particularly innovative aspect being its proposal of a definition for an economic powerhouse, based on years of research. It specifically employs reliable quantitative methods to propose an indicator system for economic powerhouses, establishes a quantitative model, and holds considerable practical value.