Changes are opportunities for the well-prepared

Since 2012, China has been promoting comprehensive and in-depth reform, maintaining economic stability with macroeconomic policies, eliminating risks with systematic reforms, adjusting its economic structure and promoting innovative development. This reform process has been shaped by a top-level design and it is the process of constantly forming a new development pattern.

Whether it is the country's neighborhood diplomacy, multilateral diplomacy, or the development model of internal and external dual circulation or the emphasis on cultivating endogenous motivation and independent innovation, they all show the Chinese decision-makers have foreseen the risks and uncertainties that might arise in the external growth environment.

After the United States launched a trade war against China in 2018 and began to try and "choke" China in key areas, China began to prepare for enforced "decoupling" from the US and, unlike most countries, actively address the risks of potential deglobalization.