But China's economic development, in our view, should take place in the system of international rules and norms, and One Belt, One Road seems to want to define its own rules and norms.
Economic development in Asia was once thought of as a"flying V", in which the spread of new technologies and businesses began in Japan and then to South Korea, Taiwan, and China, in that order.
The contemporary art scene is closely connected to world politics and economics and, as such, the strong economic development in Southeast Asia is helping to support the growth of the art market in the region.
It is a world with continuously increasing global population, at a rate lower than A2, and intermediate levels of economic development and of technological change.
The development of the economyof any state largely depends on materials used in various industries, their functional properties, and safety among other things.
At the same time, the recent economic advance of China, India and Russia has shown a need to build new international relationships on the Eurasian continent.
When the population in the city has increased up to 20 million, no one has the experience on warning the government to manage the city because the city is facing the period when the economic development is most fierce and financial tax is the most high.
Economic prosperity(although in theory when the economy is doing well families can afford to have more children in practice the higher the economic prosperitythe lower the birth rate).
As a landlocked central city of Chengdu, the rapid economic development, combined with a large population and growing demand for recreational sports increasing, in recent years, emerged a lot of innovative sports, including rock climbing downhill is one of the most fashionable, exciting and fun items 1.
By the middle of the decade, economic development soared in Europe, and the Roaring Twenties broke out in Germany(the Weimar Republic), Britain and France, the second half of the decade becoming known as the"Golden Twenties".
Indeed, it is the Russian government's mistaken belief that Russian economic development is dependent on Russia being included as part of the West that has caused Putin to accept the provocations and humiliations that the West has heaped upon Russia.
What seems certain is that the subsequent economic development of the USSR would have made it possible to explore other choices, but that the Stalinist dictatorship and the degeneration of“socialism in one country” blocked this possibility.
With this report, the scientific community is proposing a concrete instrument with which nations can measure whether they are using their natural resources in a sustainable way and if their economic development is moving in the right direction- i.e., if they are investing intelligently in the“right” capital.
The late Prof. Kazushi Ohkawa, the founder of Japanese long-term macroeconomic statistics, held that long-term(and therefore ultimate) economic development was the quantitative growth of"things"(both stock and flow), placing no special emphasis on financial development..
In Prey Veng province, a long-time bastion of the CPP where the ruling party won 73 commune councils yesterday to the CNRP's 43, most of those who turned out to the booths declined to say who they had voted for, but said economic development was the main issue.
Whichever the case may be, the modes of production in today's world are information and communication technologies, which know no boundaries, and the relative distribution of the factors of production means that there can be no economic development without trade.
Thus, two factors, the two trends in ideology and the course of economic development following the progress of science, caused the later political division of the world into two blocs: the democratic world and the communist world.
It is a world with continuously increasing global population, at a rate lower than A2, intermediate levels of economic development, and less rapid and more diverse technological change than in the B1 and A1 storylines.
Thus, the currents of the two views of life(the Cain-type and the Abel-type) and the economic development following scientific progress finally divided the world, politically, into two worlds: the democratic world and the communist world.
The unique traits and rapid economic development of the Latin American market, coupled with the fact that it represents 10% of the world's population and 8% of the world's GDP(two times the GDP of India and half that of China), present significant growth opportunities for rapid technology deployment at scale and disruptive innovation.
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