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Online edition of India's National Newspaper Thursday, October 18, 2001 |
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China on show at APEC meet
By Amit Baruah
SHANGHAI, OCT. 17.
The country is on show. It's powerful skyscrapers and enormous
human resources have been mobilised to put up a grand spectacle
for the ongoing Asia-Pacific Economic Cooperation (APEC) forum
meetings.
Shanghai's Pudong district was all lit up last night. More than
1,000 fluent English-speaking volunteers have been assigned to
help about 15,000 delegates, business people and journalists to
attend and report APEC deliberations.
The arrangements in this city of 14.2 million people are
impressive. With thousands of delegates and mediapersons from 21
nations covering the week-long APEC deliberations, China could
not have found a better occasion to showcase itself to the world.
The streets leading to the APEC venues are almost "car-less" --
an indication of the heavy security that has been mounted.
Pudong, Shanghai's spanking-new business district, which is
holding the conference, has been spruced up. Even along the
expressway, you can see workers picking up the last bit of paper
from the streets. Beginning today, many Shanghai residents will
begin a five-day holiday to ``keep the streets clear'', the
Shanghai Daily reported.
More than 10,000 security personnel are involved in the
protection of conference venues, while the country has tightened
air traffic control and surveillance, apart from increased
patrolling in the waters off Shanghai.
``The year 2001 has been good for China. It won the bid to hold
the 2001 Olympics in Beijing in 2008 and its football team has
made a surprise entry into the World Cup finals. And, then
there's APEC, of course,'' one diplomat told this correspondent.
``The idea is to tell the world that China is a power house and
Shanghai is representative of that growth.''
It's being laid on thick by the Chinese. From the airport to the
hotel to the media centre, volunteers are at hand to guide you at
every step even as security personnel keep a close watch.
There is an APEC channel broadcasting detailed updates throughout
the day. A "message channel" displays what press conferences are
being held at designated media hotels.
About 20 five and four-star hotels are housing APEC visitors. A
total of 2,200 vehicles have been pressed into service.
Growth in Economy
It was officially announced today that China's economy grew by
7.6 per cent during the first three quarters of 2001 defying the
slowdown in much of East and South East Asia. Preliminary figures
suggest that China's GDP rose to U.S. $6.7 trillion between
January and September this year.
``China's economy continued to develop at a fast pace due to a
series of policies designed to stimulate domestic demand in the
light of the global economic slowdown,'' Mr. Li Xiachao,
spokesman for China's statistics bureau, said.
Retail sales, he pointed out, of consumer goods touched U.S.
$322.8 billion between January and September, an increase of 10.1
per cent compared to the previous year.
But the slowdown in the world economy has affected China as well.
Despite the positive results, Mr. Li conceded that overall
economic growth in China was slow. That, he said, was partly due
to a stagnating American economy having a ripple effect on the
rest of the world.
Whatever be the immediate prospects of China's economic growth, a
comparison with India is telling. Shanghai, along with the
neighbouring provinces of Jiangsu and Zhejiang, in 2000 had a GDP
of U.S. $230 billion -- almost half that of India. The total
exports of these three East China provinces were U.S. $70.51
billion, twice those of India. And, in 2000, the total amount of
foreign direct investment was U.S. $11.4 billion -- four times
that of India.
One of the many official information booklets given to the
international media has this to say about China's commercial
capital: ``Shanghai plays a decisive role in the country. With a
population of only one per cent and a land area of 0.06 per cent
of the nation, Shanghai contributes to one-twelfth of the
nation's total industrial output value, one-sixth of the
country's port cargo handling volume, one-fourth of the country's
total exports and one-eighth of national financial revenue...''
Shanghai may not be the colonialists' ``Paris of the East''
anymore, but its centrality to the economic life of China remains
unchallenged.
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