Now it wants to set the groundwork for the kind of rapid economic development people associate with Brazil, India, China and Russia, but which IBM and others believe can happen in many parts of the world.
At the beginning of this century, China began taking steps to mitigate the harmful environmental impact of its rapid economic development.
This survey will explore the many ways in which China's rapid economic development is affecting the rest of the world, from jobs and growth to oil prices and inflation.
The SIP, which emerged out of rice fields and farmland, is a truly remarkable example of how planning can transform a sleepy tourist destination into an economic juggernaut. (This also remains one of my favorite economic development stories in all of China.) Two key factors drove the development of the SIP.
Indeed, a recent report from the United Nations Development Programme states that "by 2020, the combined economic output of three leading developing countries alone - Brazil, China and India - will surpass the aggregate production of Canada, France, Germany, Italy, the UK and the United States".
China is in the stage of its economic development where it needs, and wants, to increase domestic demand for its products, and move away from dependence on exports.
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The top political official in attendance will be Zhang Xiaoqiang, vice chairman of the National Development and Reform Commission, China's economic planning body.
WSJ: China's Heavy-Hitters Stay Home from Davos in Holiday Week
The China economic miracle of the last two decades has put emphasis on economic development and urbanization.
Ouyang says the aim of China's space program is clear: to advance the country's economic and scientific development.
China's rise over the past two decades has been more impressive than any burst of economic development ever.
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