German Scholars Talk About China'S Economic Super Beauty Is A Foregone Conclusion.

Bertram Scheffold, an economics professor at University of Frankfurt in Germany and an expert in the history of economic theory, said that China's economic scale surpassed the United States as a "irreversible trend".

In an article published in Vanity Fair in January 2015, Skei Siti Gorlitz said that with China becoming the world's largest economy, the new global political and economic order is emerging.

The United States can not change this reality, we should adjust our foreign policy, strengthen cooperation with China and stay away from containment.

In an interview with Xinhua news agency, Scheffold said that the rise of China's economy is unquestionable. It may be different to calculate the time points that may surpass in different ways, but there is no need to confirm an accurate time point.

However, Fuld stressed that although the economic aggregate shows national strength, per capita income can reflect the richness of a country's people.

The population of China is about four times that of the United States. Even if the total economic volume is equal, China's per capita income is only 1/4 of that of the United States, and the gap between the rich and the poor is the potential and space for China's economic development.

Talking about Sino US

Fuld believes that the biggest advantage of the United States is the vitality of science and technology. The United States has been leading the world so far, but China's originality is also growing and its potential is extraordinary.

Scheffold also said that the current stage of China's development is very similar to that of Germany in 50s and 60s.

At that time, the German economy had taken off, but the per capita income and welfare level were not as good as that of the United States. Germany's reliance on scale economy eventually reduced the gap with the United States.

Economies of scale mainly refer to industries with slower costs and higher profits. Germany was mainly steel, automobile and machinery manufacturing.

Speaking of the experience of Germany, Scheffold believes that it is particularly important to foster a competitive industry in the course of development so as to support the long-term development of the economy.

German dependence

The winning industry has been upgraded for many times, becoming a pillar industry for Germany to take a firm foothold in the world market.

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As for Fuld, he believes that there is still a great demand for consumer goods to raise living standards, and the Chinese government has great room to take measures to meet this demand. This is the main driving force for the development of China's economy in the next few years.

In addition, the dividend of China's scale economy has not been used up and the economic development is uneven. China is trying to shift the mode of production to the central and western parts of the developed eastern region and enrich the people in the central and western regions. This is a better way.

As for the way that big countries get along, Fuld suggested that large economies like China, the United States, Europe and Russia need dialogue and cooperation to solve problems.

The recent decline in oil prices is an example. Because of the new technology of oil processing and mining, the decline in oil prices is a regression. But from the perspective of economic development and environmental protection, the meaning of the oil price decline is different for different countries, and what level of oil price will be maintained at the end, which may require consultation among big powers.