and the recent visit by President Obama was to find out how China achieved her fantastic development within a relative short period of time?
By Xin Dingding in Beijing and Zhou Lihua in Wuhan (China Daily)
Updated: 2009-12-26 08:32
According to an unrelated report:
US President Obama visited China last week, primarily to find out what and how exactly China is doing things that makes it such a success story, surpassing all the so-called "expert economic planners" of the US and Europe. His team found these 5 basic lessons behind China 's success :
LESSON No 1 - BE AMBITIOUS
The Chinese believe in Setting Goals, Making Plans, & Focusing on Moving Ahead - there is always the sense of forward motion.
As an example, a huge 6-lane highway in Shanghai took only 2 years from planning to ready for traffic. In the US, 2 years will only get you the environment and local authority permit if you are lucky - in Malaysia in 2 years, they will still be calculating how to inflate the costs, and to whose abang-adik company to award the project.
LESSON No 2 - EDUCATION MATTERS
The Chinese are obsessed with ensuring kids get the right education - English, Maths and Science. They made sure that their education system reached even the most remote rural areas - today the literacy rate in China is OVER 90%, surpassing even the USA 's 86%. According to American Educationists, the Chinese kids are way ahead of the kids in the USA .
Meanwhile in Malaysia, our Moo-Moo politicians are determined to retract our education system into the stone age.
LESSON No 3 - LOOK AFTER THE ELDERLY
The Chinese DO NOT send their elderly to nursing care centres - they personally look after and care for their parents. In the US, nursing care of the elderly is now costing each resident USD 85,000 annually, and this is rising. The Chinese also believe that the grandparents at home make the best tutors for their children. It also provides a sense of cultural continuity - this helps bind society.
Here its a growing trend to have children brought up by maids, of the lowest educational and moral quality - so our children (the future leaders) grow up with similar language and outlook capability.
LESSON No 4 - SAVE MORE
In the USA , savings dropped to zero in 2005, and is only now slowly rising to 4%. In China , the savings rate for every household has exceeded 20%. The Chinese believe that frugality and a healthy savings rate are a sure indicator of a country's financial health. High savings lead to increased investments - results in increased productivity, innovation and job growth.
In the West, and aped by our Malaysians, the status symbol is to spend more than you earn, with as many credit cards as possible. In the end, the whole country gets into debt.
LESSON No 5 - LOOK OVER THE HORIZON
In China , everyone is forward looking - never backwards. New graduates make a vow - never ever will their children and grandchildren ever work in the fields again. With this kind of forward mentality, people are always thinking and planning how, not just to succeed, BUT how to be the best in the world in everything they do.
(Author unknown)
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