hina will take a solid step toward becoming a high-income country this year, creatin
g more space to deepen reform and expand opening-up, economists said on Friday.
A more balanced growth pattern will help the world’s s
econd-largest economy pass the “middle-income t
rap”, with consumption and high-tech manufacturing leading growth, they said at a B
eijing seminar leading up to the 2019 China Development Forum, which starts on Saturday.
After decades of rapid GDP growth, China’s economy has entered
a new era of moderately slowing expansion and a transition to a high-quality growth model. T
hat has pushed economists to reconsider some long-term issues, such as whether the economy would cool down sh
arply before a considerable rise in wealth, especially after a period of fast growth.
“The key method to ensure China’s role as a high-income country is to
adjust industrial structures and promote productivity,” said Zhu Min, an influ
ential Chinese economist and former deputy managing director at the International Monetary Fund.
rible sight” emerged, Taylor said.
”Dead bodies had floated up (and the) current of the flood water had washed the bodies up against the road,” said Tay
lor. “The road had subsided about 10 inches (25.5 centimeters). So these bodies had been washed up against the main highway.”
Taylor said the smell of bodies and livestock was palpable.Hundreds of others were also attempting to make the congested seven-ho
ur walk from the village of Lamego — about 90 kilometers (56 miles) inland from Beira — to Nhamatanda, on higher ground. In places whe
re the current of the flood waters was strong, about 50 people joined hands to make a human chain, said Taylor.
”I’m 6 foot 2 inches (187 centimeters), but the force of water at knee level w
as powerful,” Taylor said. “You had to pay attention and concentrate where you put your feet.”
Taylor said he saw an elderly woman carry her husband on her back.
On the road out of Beira, he said “the entire area, as far as I could see, was one lake of flood
water,” adding that groups of up to 10 people had climbed eucalyptus, cashew and mango trees waiting to be rescued.
movable. However, internet blurs the boundary and allows people to access high-quality resources without leaving their home.
According to the action plan, China will promote Internet Plus in several sectors such as healthcare, elderly care, education and culture, to boost new con
sumption based on internet platforms, and develop online and offline coordinated consumption.
According to a report from the China E-commerce Research Ce
nter, in 2017, China’s online education market was worth 240.2 billion yuan, up 53.97 perc
ent from the previous year. The figure is expected to grow to more than 400 billion yuan in market scale in 2018.
The upgrade in information capacity usually brings about great changes, Wang Zhenzhong, an engi
neer from Alibaba Group, told the newspaper. “It will upgrade the former consumption and create new consumption sectors.”
South Korea, according to the Ministry of Environment.
In theory, all waste produced in the country is handled in one of three ways: it is either rec
ycled, processed into fuel, or incinerated. But a series of events in recent years have disrupted this system.
In 2017, a surge in smog levels prompted the governmen
t to tighten regulations on waste-to-energy plants and waste incineration facilities which wer
e blamed for belching out polluting fumes, says Sung Nak-kuen of the Korea Waste Association.
Consequently, the number of incineration facilities fell from
611 in 2011 to 395 last year. And with the waste-to-energy plants feeling the squeeze, dem
and for solid recovered fuel — non-recyclable plastic and paper burned for heat and energy — has collapsed.
But in late 2017, China banned the import of 24 types
of solid waste, including paper and plastic, extending it in April last year to include dozens more type
s of recyclable materials, including steel waste, used auto parts and old ships.
Exports of plastic waste from South Korea to China fell by ove
r 90%, according to the Korea International Trade Association. Trash overflowed on the
streets of Seoul as the waste management companies refused to collect it.