![]() Mu Gang said the moribund state-owned enterprises in China would have to reorientate if the plan was to be successful. It is privately owned and driven by the needs of the market, not the demands of the state. Lifan is also the model company for the One Belt One Road initiative. "Technology-wise, design, workmanship, quality - all those kinds of things are a system, a comprehensive system in our company and the way we do things," he said. They are already exporting to 30 countries and Lifan president Mu Gang said they were successful because they focused on innovation and responded quickly to consumer needs and demands. It will open southern China and Chongqing to the world," she said.Ĭar company Lifan at Chongqing is producing exactly the kind of products China wants to push onto the world markets.Įvery two minutes a high-quality SUV comes off the assembly line and they retail at just $12,000. "The new trade routes will bring more business and big international companies here. Spokeswoman for the Chongqing Logistics City, Gu Xin, said the trains were a game changer in providing reliable, secure and cheap access to world markets. The trains, which are 2 kilometres long, travel 12,000 kilometres to reach distribution points in Germany in just 13 days, reviving ancient trade routes with modern efficiency. In its massive logistics centre, containers are moved 24 hours a day onto trains that move Chinese goods like iPads and car parts west into Central Asia, Russia and Europe. The One Belt One Road project is already in action at the industrial hub of Chongqing in southern China. Modern efficiency for ancient trade routes ![]() "China is the biggest rising power and we welcome other countries along with us to achieve our great rejuvenation, our China dream," he said. Professor Wang Yiwei from the China and Globalisation think tank said: "After Trump took power, he stopped the TPP and became isolationist". It is empire-building on a scale the world has not seen before. It is an attempt by the Chinese to secure global dominance at a time when the United States is stepping back, and on the domestic front to keep growth and wealth strong for decades to come.Ĭhina's aim is to lift trade by $2.5 trillion in a decade by flooding world markets with cheap, high-quality Chinese goods. In today's terms, the US only spent about $130 billion on the Marshall Plan. ![]() ![]() Economists have likened the project to a modern day Marshall Plan - which helped secure the US as the world's superpower after World War II - but it's much bigger. ![]()
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