Experts attribute this to recent infrastructure expansion, especially in countries that have strong Chinese presence - Ethiopia, Tanzania and Uganda. The report also notes improvement in health, technological readiness and business sophistication.
"It has made the largest leap among the top 10 economies, which in turn are supported by strong and stable financial markets," says the report. It attributes the large leap to the mainland's physical infrastructure and healthy level of competition and openness, which it says ensure efficient markets.
We did that for about 40 charming, left field and would-be Leonardo di Caprio actors, eisteddfod queens and Little Miss Sunshines. I would have done the whole thing for free but I got paid 300 yuan for the afternoon. Plus some watermelon slices because it's a hot day. Now the city of Yangzhou is famous for its Weiyung cusine, perhaps best known internationally as Yangzhou dan chou fan which is special fried rice literally Yangzhou egg fried rice. They are also famous for wonderful dumplings. So my wife and I went to a really authentic but inexpensive dumpling restaurant and we had these crab, pork and seafood soup filled dumplings (xiao long bao) that were to die for. It's a challenge to eat them as the soup spills forth in any way to wishes for the inexperienced eater. But it's a challenge worth taking again and again.
When Boao participants bring their iPhones to the forum, some calculations might be helpful before they head into brainstorming on globalization.
German political leaders are a stark contrast when it comes to WWII history. Chancellor Angela Merkel and her predecessors have never done anything to open old wounds. Instead, former German Chancellor Willy Brandt knelt on the wet ground in December 1970 at the monument to the Jewish ghetto victims in Warsaw, Poland.
What should California - the Golden State with a long history of business and cultural closeness with China - expect?
Importantly, China has opened a World Trade Organization challenge to the US' initial $50 billion proposed tariffs, while the eurozone and Japan joined a US challenge against alleged intellectual property theft by China. While we know the WTO arbitration process is a lengthy one－measured in months－it is nonetheless encouraging to see the international body is still being used as a medium of communication between different parties to settle trade disputes. That indeed is a ray of hope.
According to last year's World Inequality Report by the World Inequality Lab at the Paris School of Economics, the top 1 percent captured 28 percent of the aggregate increase in real incomes in North America and Western Europe between 1980 and 2016, while the bottom 50 percent received just 9 percent of it.
Lin said the exchange has been welcomed and supported by the people in his county. He said he would continue to uphold the "1992 Consensus" and expand cooperation with the mainland.