Is China launching plans to become self-sufficient? | DW Business 

China's decision is made secrectly behind closed door in Beijing, Germany's decision is made secretly behind closed door in Washington 😅

I'm fascinated by how the West considers a 4.7% GDP growth rate slow, especially when European economies aren't growing at all. China hasn't experienced a recession since 1976. Even in 2020, their economy managed to grow. China produces many of the everyday items we use and is technologically on par with the West.

Winners Focus on Winning, Losers Focus on Winners..

How can it be a secretive meeting? with thousands of delegates and reporters around.

China is the #1 or #2 trading partner of over 140+ countries . China is launching plans to provide sufficient & low cost Solar Panels & EV Cars etc .... to all countries so as to slow down the climate change effects . China is not alone .

This discussion shows how little DW understands China governance and policy making.

Why are there so many videos related to China by people who know so little about China? Is this comedy?

How China is alone , when global south(80% world population) work with China ?

DW's China reporting is so pathetic

Mr. Magnus is a prominent economist. But to describe him, who neither speak nor read Chinese, as a China expert is an exaggeration.

Growth is not China's goal. Stability is.

Forcus on fixing your economy before talking to China.

Highly secretive yet George knows 😂

"meeting happening in secret" What do they expect? Have the meeting in open so that your opponents would know what the country is doing so they can plan a counter move to keep the country down right away? I would love to see a NBA team have their halftime meeting in the middle of the court with microphones so that the whole stadium, your opponent, and the rest of the league knows what and how this team operates and their plans.

How are policy decisions made in Germany? In parliament or in secret meetings with big corporations?!!

I swear DW ....do you have a 12 year old come up with the video titles 😂😂😂

DW News = Department of Washington News

I really find the comments and discussions in this RU-vid video about the Chinese economy and the "secretive Communist Chinese Party" far off the mark. If you read Chinese, details about the 3rd Plenum are in many Chinese official newspapers. The 3rd Plenum is always focused on domestic economy. The current economic challenges facing China are quite well known - the real estate bubble purposely busted earlier needed resolution, the trade war launched by the US against China caused much unemployment among the low end manufacturing sectors, the general economic slow down since the pandemic caused much unemployment among new college graduates and finally the high accumulated debt among provincial/city/county governments needed resolution - all of these have been reported widely in Chinese and foreign language media. That is what the 3rd Plenum is all about - finding strategic solutions for all of these issues and planned execution of coordinated steps to ensure success followed by actual execution steps. Hope your viewers find this helpful. Good night gentlemen from west coast USA.

based on history... china has been trying to be self-sustainable since 1998, cause the usa denied china access to the iss.

So nothing to worry then? China is so bad that the top leadership are sitting down and talk about strategies for the next 10 years. Western countries meanwhile are planning about who will win the American presidential elections since the economies are doing so well..

Belt and road is 11 years old. China isn't going alone anytime soon they have alot of partners.

Why is the reporter harping on "so secretive and vague?"

I still hear people from G7 thinks, China needs the world for food, and complained us consuming too much from planet Earth. So they should be happy that we are bcoming more and more self sufficient, right?

Oh yeah worried so much about China's internal operation not "opened" or "transparent", have Germany opened the info who blasted the NdStream 2 pipe lines?

China analyst? No, know-nothing-about-China lyst.

What? Chinese government is now seeking for advice from these two over how to run their economy?

Chinese leaders are placing strong emphasis on high technology especially computer chips, moving away from the realty and reducing labour intensive industry.

Do people hold meetings in public in the US/EU?

His speech more like mean to US then china . Like how Germany became US pet and how obedient as like Canada, uk, japan , korian and Philippine.

The title seems like a joke, please google it China's trading amount is No. 1. among many countries.

I think China is big enough and has enough talent and resources to become self sufficient. Of course, this is not ideal; the world should work together. But China may not have a choice because for some reason there is just so much hatred and animosity against the Chinese.

China: we will be self-sufficient in 2035. Also China: buy our stuff

Why is it that every time DW conduct an "analysis" of China's economy, they bring in a "China expert" that isn't Chinese? Why doesn't DW actually get a Chinese economist from China in the discussion. When CGTN discuss the economies or policies of the west, then have panel discussions that include a Chinese expert, a US expert, and an EU expert for balance.

If you want to go fast go alone. If you go with others you will be slower.

only slave owners dont want slaves to be self sufficient

In the new China "houses are for living and not for speculating"

Pretent to know everything about 'Secretive Plenum' and west assigned adviser to CCP. These type of individual is reason west is lossing fast.

Being self-sufficient is not always alone intentionally.

Germany exclude Huawei 5g from 2029. Does that mean Germany will not have 5g until 2029 or the already installed relatively new equipment will be replaced? Either way it is a loss.

4.5% growth means the Chinese economy will grow by $830bn in nominal terms, and (more to the point) $1.5 trillion in PPP terms. This last figure is equal to 26% of German GDP. If that's the sign of an "ailing" economy, then what word would you use to describe Germany, which is projected to grow 0.2% in 2024?

What a joke Germany has become

The title question is late for 10 or 20 years.

They always mentioned China as the second largest economy. In terms of real growth and PPP, China is number one by far. The US GDP is fluffed up, they don’t make anything but print paper money. The GDP of real estate, rental, sports and entertainment, services such lawsuits (Trump contributed to over 100 million), over 700 foreign bases, over inflated defence budget, doesn’t add to the growth of a country. Meanwhile, the country is falling apart with fourth rate infrastructure, homelessness, lower income for the majority. Everything is in decline. For God sakes, can’t even bring back the stuck astronauts.

The whole world is fighting except Chinese who are dancing. Damn you the world.

Hard not to blame China for wanting to be self sufficient. Look at how the US has been making it difficult with all these restrictions and sanctions

Does China have a choice?

"arcane", "secretive"... seriously DW you can do better than this

Man, you going on and on about housing over there and people are lined up with tents in American cities!

Aren't all government meetings behind closed doors regardless of country. It's not like the BBC has a camera crew at every cabinet meeting in the UK lol

You are too late to the party, Professor! “ Self sufficiency “ has been a stated goal of the Chinese government and the Chinese state for the past 80 years since 1949! And they say this every year every day, specially every four years at the national party meetings! Have you been living under a rock? What kind of scholar are you?

China leadership is selected through merit, by proven leadership and competence, where the Premier spends 2 to 3 decades in increasing responsibility rising to governing provinces of 50 million persons

What do you expect them to do when the West kept sanctioning them?

1. China has an important target to become self-sufficient. 2. Xi Jinping has reiterated that Chinese rice bowls must be firmly held in own hands. 3. China's overall strategies are : self-reliant , self-sufficient , self-standing , self- creative . It has implemented many projects , including breeding sea foods in deserts , scientific improvement in agriculture , transforming deserts into oasis , fully utilizing drones for better farming , etc.

😂😂😂LOL, this dude literally knows nothing about how the Chinese government works…

The DW hosts says China absorbs technology, yes and no. China is being more innovative now and will continue to be as we move towards 2050. I don't doubt a semiconductor breakthrough will happen at some point.

Hegemon definition is to be self sufficient, its you westerners have marred it.

Would you believe if my local bakery will not sell me their cupcakes not only will I make a better cupcake to sell to its customers but learn to make my own oven and grow my own wheat to reduce my cost😂😂😂.

George Magnus basically just smiled and ignored the DW host's smug, misinformed and ideologically loaded statements, and focused on the facts in his replies

Creativity and new ideas always come when you are alone, as soon as others are around you are disturbed including your family, friends and let alone bullshiter.

It’s hardly surprising, isn’t it? With all the restrictions on EUV lithography machines and high end chips, they will be foolish not to be self reliant. Good job, USA.

Is IMF really the standard for improving economy?

Demand is weak but not fatal. Technology dependency on the US and the West is fatal for China (national security). Supply chain upgrade is important for China to become a high income?country but is harmful for the West. That is why Chinese leaders prioritize innovation over consumption as the West wishes (it will create a huge market for the West, not just China).

"China's growth slowed to 4.7% in the 2nd quarter". Oh, the horror of it !!

lol you guys really don't get it. China does not operate the same economic system and you keep looking at it from the western capitalist perspective. You even said over construction of infrastrcture, which is a laughable concept to chinese.

CHINA🇨🇳 is already Self-reliant and Self-sufficient ✅🏆🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳.

you forced me, then you blamed me.

DW‘s view: only western countries are allowed to be called countries 😂

Why not

China has long 5-20-year term plans and strategies which they actually implement, while Western governments talk, debate, more talks & discussions due to change of new administration/government, talk & debate some more and, by then, 10-20 years have passed them by with absolutely nothing agreed nor carried out which were for the good of their nation & people. And when any of their plan has been agreed upon and actually being implemented, it is beset with bureaucracies, multiple delays, and huge cost overruns.

I am not sure the so-called expert is aware China has market economy.

Your commentator is wrong in his interpretation about the real property market in China! It has been made the new govt policy to crack down hard on all real property developers engaging in speculative activities!

The title really should be “is the west to force China to go alone?”

So... the country at the heart of both the Belt and Road Initiative and the expanding BRICS+... is "going it alone"? Seriously?

May be it's not the idea, but don't you think that any independence country try as much as possible to be self sufficient?

WIth 1.4 billion people I can't see why they shouldn't or can't be self-sufficient.

China’s plan better than Germany’s plan of declining for US interests. At least China is motivated by the right things, pride and self reliance. Germany is living on prayer

I just read a lot comments here, so summarize, people think DW is a joke.

You seem to think 4.7% gdp growth is a disappointment? How about Germany’s ? Isnt it negative😂? Get off your colonial imperialist high horse. The game is over.

The issue of censoring your own history is that it makes you bound to repeat the mistakes of the past. The last times (yes plural) China tried to "get it alone" and choose isolationism it ended up left behind. There is no reason it should be different this time.

China growth is slow at 4.7% but Us growth is spectacular at 2.5% LOL 😂. Better yet Germany growth at 0.03% is good, no wonder the West is in decline. They forgot how to do math 🧮 😂

China will be 3 times richer than US...said Elon Musk😂😂😂

Self-sufficient? Let's call it, derisking.

It then becomes North Korea.

Comments are horribly censored.

Of course china must plan to be as self sufficient as possible seeing how there's 1.4 plus billions of people and seeing that already other countries are trying to stop its people from prospering as well as from bringing more borderline groups further out of poverty.

Oh what horror

Disappointed on this piece since I read the title. To ask if "China is launching plans to become self sufficient" in 2024 is pointless. This is a question that should have been asked 30 years ago. The results are self evident.

Meloni of Italy is in China now. Alone? 🤣

Of course,G7 is the center of this universe.🙃

China is so confident about its development prospects that it is willing to announce it to the world.

As I was typing my messages yesterday, and this morning I already have staffs telling me and deciphering these meetings follow up, about 7 main points and 14 sub-points. And we have to quickly realign the company's directions to maximise profit (from business stand point) and if u r in other sectors, you might want to readjust. If you don't then you might miss the boat and opportunity. The publication (like a White Paper or Green paper in the UK, but this one is in Red cover) is very clear to us, but they are written in Chinese. If these white dudes do not study in China, it is very difficult to understand China. Also, China has no obligation to translate for these "China Experts" speaking here on DW. It is the same for UK/US govt, I doubt Boris Johnson or Biden have the obligation to explain in Chinese to the Chinese how they make their decisions and what are the outcomes of all that. We the Chinese people need to learn English to read what they say. So I expect to see the same, that these China Experts need to be (1) living in China (2) can read and speak Chinese (3) Understand our culture before being able to decipher all of that. If you miss anyone of these 3 elements, to them, it would be "secretive". To us, the Chinese people, they are very open in plain sight. Just need to read it and understand. A lot of publications everywhere, but only searchable in the Chinese language. My advice to all of you listeners here on RU-vid, when someone say they are an expert of something, please read their CV first, then calculate exactly how long they spent their lives in China. And what kind of friends do they have in China (not the one who left China for years, have yellow skins or someone they know round the corner of a Chinese Takeaways).

Love China.

When China was rejected to join Intl Space Sts than China build their own space station😂😂😂😂😂

DW news, I need to tell you that China has long ago started making themselves self-sufficient, especially in high-end technology.

language spoken or written is mainly a form of communication, it was invented for that purpose, pictorially the Chinese characterss r more beautiful and artistic than any written characters so far, it had a history of more than 5000 years

If Trump elected, he will start to decouple, If Harris elected, the situation is also worsening. Before being sanctioned as Cuba, China should commence self-sufficient. Because US is also doing the same.

Seeing what NATO countries are doing to other countries, it is natural to become completely independent.

If your conjecture is true then for the first time in history of cognizable human existence a country attempts to be self- sufficient. No other country in the world can ,at present, even dream of this.

Let’s all wish a me George the Analyst here a healthy long life. He speaks of 10 to 15 years. Things should be very clear and establish the the firm direction they are taking by 2030. Let’s hope DW is able to bring him back and request him to analyse again in 2030 in reference to what he came up and tried to give his prediction! Life goes on, life has to on!! Unless all life or most life is extinguished on earth by some fools causing it by nuclear conflict in their blind hatred for other systems that are unlike them, we should be able to review, irrespective of any of us individuals being alive or not! Amen!

The recent events and trade restrictions placed by the Mari Ka and West makes it imperative for China to be self sufficient.