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China's development path viewed as lesson for Africa

By Ronald Ssekandi, Yuan Qing (Xinhua)

13:05, October 03, 2012

KAMPALA, Oct. 2 (Xinhua) -- Over the past 40 years, policies that have failed to promote progress in Africa by some donor countries and international organizations have prompted the continent to look for the other way for inspiration.

African academicians and development experts are now turning their eyes to China, a country that used only 30 plus years to become the world's second largest economy.

There is a debate now going on in Africa that whether China's development path could provide lessons to developing economies, especially those in the Sub-Saharan Africa.

When the People's Republic of China was founded in 1949, China's economic conditions were similar to those in most of the African countries. The government inherited a war-torn agrarian economy, and poverty levels were high.

In 1978, China embarked on a reform process that has facilitated more than 30 years of rapid economic and social development, and that brave adventure started with agricultural reforms to jumpstart poverty reduction.

While China's poverty reduction is often associated with growth in the industrial sector fuelled by foreign investment, trade liberalization and expansion, it is in fact that much of China's poverty reduction occurred in the early phase of China's reform, prior to the influx of foreign direct investment and trade reforms.


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