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Jeffrey Sachs, a renowned economics professor at Columbia University and a senior United Nations advisor, told Xinhua in a recent written interview that as China is coming out of lockdown ahead of other parts of the world, it will see an economic rebound in the second quarter, which will buoy markets abroad.
Rather than resorting to a massive government-led stimulus to shore up growth, China is seeking more targeted investments in projects that facilitate innovation and improve weak areas in economic and social development.
Chinese policymakers innovatively started the reform and opening-up policy in 1978 to eliminate the constraints of a planned economy, nurture private sectors and advance state-owned enterprise reforms step by step.
The national security legislation will not change Hong Kong's capitalist system, its high degree of autonomy under the Basic Law, or Hong Kong residents' lifestyle, the spokesperson said, adding the legislation will only improve Hong Kong's legal system, bring more social stability in the long run and contribute to the sound implementation of the "one country, two systems."
来源：资阳报