IPS Researchers Discuss the Lessons to be Learnt from Chinese Reforms
01 – 02 November 2018
IPS Research Fellow and Head of Environmental Economic Policy Research, Athula Senaratne, highlighted that Sri Lanka has made significant progress in poverty reduction since opening up the economy, yet the country has a lot to gain from the experience of Chinese reforms. He further emphasised the importance of Chinese investments in Sri Lanka focusing more on technological developments and linking local value chains with the regional and global value chains, rather than limiting to infrastructure developments.
IPS Research Fellow and Head of Agricultural Economic Policy Research, Manoj Thibbotuwawa, highlighted that Sri Lanka could learn lessons from China’s remarkable progress in agricultural reforms especially in areas of land, research and development, and technology to address the inherent weaknesses in Sri Lankan agriculture.
They made these remarks at the ‘International Forum on China’s Reform and Opening Up and Poverty Reduction’, held on 01 – 02 November 2018, at Diaoyutai State Guest House, Beijing, China.
The forum was hosted jointly by the Chinese Government and the World Bank Group and organised by the National Institute for Global Strategy (NIGS) of the Chinese Academy of Social Sciences (CASS) jointly with the China Development Bank and the International Poverty Reduction Center in China. The purpose of the forum was to share the experience of poverty reduction all over the world and explore the new ways to reduce the worldwide poverty.