“It is evident from the success of the economy that China has discovered the key to a scientific-economic method that leads to continuous qualitative growth. This key is the continuous injection of scientific and technological innovation into the process of production,” Helga Zepp-LaRouche told Global Times in an interview published May 22.
“Western critics are usually so ideologically biased that they tend to confuse monetary gains with the actual physical growth of the economy,” she continued. “Some investments can have spectacular returns in the short term, but turn out to be disastrous for the fundamentals of the economy in the medium or long term. That is why China has taken many steps to curb and eventually get rid of speculation….”
Zepp-LaRouche said that her idea of “high-quality development”: “by putting the cultural creativity of the entire nation at the center of the economy, it unleashes that quality in people, which is the source of scientific and technological progress.”
