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Showing posts with label Change management. Show all posts
Showing posts with label Change management. Show all posts

Thursday, October 20, 2022

China’s quality development is profoundly smooth, steady

 


China's economy is stable and on the rise.

During the ongoing 20th National Congress of the Communist Party of China (CPC), an official in charge of the National Development and Reform Commission said at a press conference that judging from the current situation, China's economy rebounded significantly in the third quarter, and from a global perspective, China's economic performance is still remarkable. Although affected by changes in the domestic and external environment, there are still some outstanding contradictions and problems in the current economic operation. However, China has a population of more than 1.4 billion and coupled with basic conditions such as a complete industrial system and a comprehensive industrial chain, "China's economic stabilization and improvement will be further consolidated."

We have noticed that the assessments that some well-established international agencies made recently on China's economy coincide with China's own remarks. A well-known consulting agency said that most preliminary economic data indicated that China's economy recovered in the third quarter. Experts from the Economist Intelligence Unit also believe that compared with the economic difficulties of various countries in the world, "China has some unique advantages at the moment," which enables China's economy to maintain positive growth even when faced with great internal and external pressure.

Of course, when people pay attention to and discuss China, there are also negative and pessimistic arguments, and some even regard China's development and security, government and market, openness and independence as contradictory to each other. Part of it comes from taking wishful thinking as fact, because it has long been "standard configurations" for some US and Western public opinion to downplay China; at the same time, part of it results from looking at "speed" with the outdated thinking and vision, without understanding the deep logic of China's high-quality development.

If we observe the Chinese economy from the perspective of quality development, we will look through the complicated and indistinguishable superficial information to see the ongoing evolution and the improvement of the Chinese economy. In recent years, although the growth rate of China's economy has declined a bit compared with some periods in the past, its economic structure has been continuously optimized and its development momentum has been enhancing. In particular, the development speed of high-tech industries is equal to doubling the average development speed of the entire industry. Some major technological fields have made their ways to the global frontier, transformed by innovation-driven factors instead of the factors such as land, capital and labor in the past. At the same time, the energy consumption per unit of GDP has continued to decline. The sky is bluer, the mountains are greener, and the water is clearer. Although facing some temporary challenges and difficulties, China has enhanced its ability to overcome difficulties in its economy. 

Illustration: Chen Xia/GT

Illustration: Chen Xia/GT 

The report to the 20th CPC National Congress stressed that "To build a modern socialist country in all respects, we must, first and foremost, pursue high-quality development." If the Chinese people are to live a better life and the Chinese nation is to realize its great rejuvenation, maintaining economic growth is of course very necessary. At the same time, the Chinese people have a broader and more comprehensive understanding of growth. And high-quality development is a new concept in which "innovation is the primary driver, coordination is an endogenous trait, eco-friendly growth prevails, openness to the world is the only way, and shared growth is the ultimate goal." This is also China's proactive pursuit of following the laws of economic development, adapting to changes in major social contradictions, and maintaining sustainable and sound economic development.

Compared with the past, China now puts more emphasis on maintaining national security, because the global security situation today has become more complicated, especially when the US is fanning flames and creating geopolitical crises everywhere and treating China as its No.1 strategic competitor. Against the backdrop of a sudden increase in external risks and a more insecure world, where can development come from without the overall favorable environment of national security? Some US and Western public opinions have deliberately put development on the opposite side of security, simply because in their hearts, they do not want China to be secure, nor do they want China to grow and develop.

The giant ship of China has always pointed to a determined direction, never going off its course nor turning around. In the new era, the CPC, in accordance with the changes in reality at home and abroad, has taken precautions and foresight to extend and develop the experience summed up in the past decades, and then has established a new development concept and strategic plan, which is coherent and consistent with the past development direction.

One thing that is absolutely certain is that China cannot copy the Western model for its development, and anyone expecting China to follow that path is bound to feel disappointed and will complain that "China has changed." But in fact it's not China that has changed. Instead, it is that they have made a wrong judgment from the very beginning; it can even be said that those who have been bad-mouthing China are disappointed, which just shows that China has done the right thing.

Although China is already the second largest economy in the world, its per capita income is still far behind that of developed countries, which means greater economic growth space.

Implementing the spirit of the report to the 20th CPC National Congress, insisting that development is the "first priority" and high-quality development as the "primary task," we have ample reasons to maintain confidence in the Chinese economy. 

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Monday, December 13, 2021

Malays in need of a paradigm shift

 


A PARADIGM shift occurs when the usual ways of thinking or doing things are replaced by new and different ways. This normally happens when fundamentals are progressively changed.

Developing a country takes time, starting with a holistic education that seeks to address the emotional, social and ethical needs of students, apart from academic studies and skills training. Students must reflect on their actions and how they impact the local and global community, and engage in projects that require critical thinking skills towards solving real-world problems.

But if education is centred on rote learning just to pass school examinations and plagiarism to gain academic qualifications, young adults will be unproductive, and the country will remain poor. This is evident in Malaysia as huge numbers of graduates are churned out every year but most are underemployed or remain unemployed for months.

Not in Singapore, though. It separated from Malaysia in 1965 and developed on its own to become a rich nation, thanks mainly to good governance and sound education. Although the cost of living in Singapore is high to match the high living standards, the average Singaporean salary is several times higher than in Malaysia, allowing for more disposable income and savings. Hence, there are about a million Malaysians, or former Malaysians, residing in Singapore, and another 350,000 workers and students who commuted daily from Johor in pre-pandemic times. Malaysia had also lost much of its human capital to many countries around the world over the years, initially to Britain and then to the United States and Australia and, in recent years, China.

While other non-english speaking countries have adopted or promoted English as their second language to be better connected to the world, we are doing the exact opposite. In fact, some politicians seem bent on nurturing island mentalities in cultivating their support base by sowing fear of other races, religions and languages. Those who truly love their own race, religion and language would focus on lifting their community, which would be admired universally. But such efforts require too much hard work, it seems. Sadly, our country will not be transformed if people remain insular, if we remain, as the Malay proverb puts it, “katak di bawah tempurung” (frog under a coconut) shell).

One of the best ways for Malaysians to be exposed to the world is to be multilingual by not only learning our national language but also other important languages. Mandarin and Tamil could easily be learned in vernacular primary schools, and these students could later contribute greatly to economic and cultural ties with China and South India. Likewise for Arabic, Japanese, Korean, German, French and Spanish. In any case, learning at least three languages would expose Malaysians to a great variety of cultures and ideas.

Apart from the valuable exposure gained by communicating with people of different races, religion and cultures, it is also necessary for those at the top to come down from their ivory towers.

Recently, Transport Minister Datuk Seri Wee Ka Siong made a surprise visit to the Road Transport Department in Johor Baru and was shocked by the long queue for counter service. He rightfully described the counter service system as “ancient”. He then used Facebook to voice his unhappiness about a host of problems and the immediate actions that he had taken.

If we wish to modernise, we should not continue to be bogged down by antiquated methods and mindsets. We should continuously take small, medium and large incremental steps to move forward.

If not, we will stagnate and be left behind while other countries, such as Indonesia, race ahead. But some of our politicians seem to prefer to harp on racial, religious and language issues, and raise petty matters in Parliament hoping to gain popularity.

Perhaps a paradigm shift will only occur when a coalition wins by a two-thirds majority in the next general elections and the economy ends up in total shambles. Perhaps if everyone is forced to work together to rescue our country from total disaster, we could still rise from the ashes.

- S CHAN Kuala Lumpur

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Wednesday, January 27, 2016

We don't need billionaire philanthropists, we need change !


Society needs people who adopt business models that can enrich ordinary people's lives and free them from a life bound by servitude and dependency.

These days we praise charitable donations and philanthropy; however, we must understand that they are the symptoms of a dysfunctional society, not the remedy.

It’s similar to the Red Cross during wartime; they can’t stop the war. In many ways, they propagate the dysfunctions because the biggest funders of these temporary resolutions are also the greatest oppressors of our society, from whom these dysfunctions stem.

There are, for example, many people suffering around the world from curable diseases simply because they don’t have access to proper medical assistance. Why do they have no access? Because they are too poor.

That is to say, this problem is derived from the massive income inequality around the world. If they could earn a sufficient living on their own, they wouldn’t need any charitable aid from developed nations. They don’t need rich philanthropists giving them millions of dollars. What they need is rich philanthropists to stop hoarding money and allow them to make a sustainable living.

Let’s look at Bill Gates, who was simply driven to make as much money as possible at any cost. Along the way, he has smothered many smaller companies, copied others’ ideas, and snuffed out many innovative competing products. Yet, all is forgiven and forgotten because now he donates a lot of money.

It is exactly this type of thinking that breeds income inequality around the world, which leads to people dying from poverty, and thus preserves the need for these billionaire philanthropists to remedy the situation.

Another exemplary indication of this problem is Lance Armstrong. He cheated to further his career and eventually got caught. Yet, today he is still a millionaire and is respected by millions of people: 3.8 million followers on Twitter to be exact. Why? Because he is a philanthropist who donated lots of money to cancer charities. None of this would have happened had he not cheated, but people forgive and forget. In our society, winners prosper no matter the means, as long as they become philanthropists in the end.

Take a moment to think of the other cyclists who didn’t allow themselves to cheat. Where are they now? Can you name them? Are they rich and famous?

To address the real origin of the problem, we need to change the way we go about earning and spending money at the very basic level. Instead of being driven to become philanthropists, treat people around you without greed and with consideration. Make your living and enable others around you to do so as well. If you aim to save money in order to be a philanthropist, you provoke everyone to be protective and hoard money also in order to control how the money gets spent. The more everyone does it, the more we are compelled and even forced to do it. We need to stop this vicious circle.

The resolution I’m putting forward is not a utopian concept. We simply need more people investigating and adopting business models that can enrich ordinary people’s lives, which can free us from a life bound by servitude and dependency.

In turn, this would empower us to solve our societal problems without asking such billionaires to solve them for us with their accumulated wealth. Nowadays I’m starting to see more and more entrepreneurs and business owners trying to figure this out, and it is quite inspiring. I think the real change derives from the ordinary things we do.

If this type of mission is to succeed and be sustained, the principal function of business must be ordinary. It is impossible for a sustainable economy to remain healthy and upright if it is only supported by the crutch of charitable donations and philanthropy.

The principal drive to better our society must come from ordinary businesses.

Hero-worshipping rich benefactors and philanthropists encourages everyone to accumulate more wealth than they need. We do not need billionaire philanthropists; we need ordinary business owners who treat other humans with respect and encouragement.

They are not rare or even uncommon; they exist all around us if we look carefully enough. It’s just that we are so busy looking up to iconic figures like the Bill Gateses of the world that we can’t see them.

By Justin Hiraga
  / 
Asia News Network

Justin Hiraga is an assistant professor at the Department of International Business Languages of Seokyeong University in Seoul. He can be contacted at jthiraga@gmail.com. –Ed.

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