The third plenary session of the 20th Central Committee of the Communist Party of China has published a communique detailing the general direction for the nation’s economic development, garnering attention from economists and experts worldwide.
Last month, a special program by CGTN examined viewpoints and insights from the Pacific region, featuring experts such as Dr. Joseph Veramu, an economist and consultant at Fiji National University, and Dr. Michael Yang, secretary-general of the South Pacific Islands Institute of Asian Studies.
The recent institutional opening of China is seen as creating new opportunities for the Pacific. David Mahon, Executive Chairman of Mahon China Investment Management, expressed that it is essential for China to clearly communicate its openness to investments, also addressing the need to correct any misconceptions about the country.
He emphasized the importance of clarity regarding which sectors are accessible to foreign investors. Over the past two decades, Pacific island nations have witnessed a rise in Chinese investments, a trend that Dr. Mahon noted is unusual for a region that has historically received little attention from the United States.