MEXICO CITY, Jan. 20 -- China's economic model has been proven to be effective in spurring economic growth and social development, and Latin America should follow the model, according to the head of Latin America Economic Research at Moody's Analytics.
"I think China's economic model is the model to follow," Alfredo Coutino told Xinhua.
China's experience shows "how you can begin to solve the problem of poverty and the poor distribution of income in Latin America," he added.
After lifting hundreds of millions of people out of poverty, China again met its annual target in 2019 of helping another 10 million people leave the ranks of the poor, noted Coutino.
The key to China's success, he said, has been its ability to turn economic growth into quality jobs.
"They opened factories for the Chinese to give them a decent, well-paid job," said Coutino. "They were trained. It's not enough to just open a factory and give them work. You also need to invest in the training and education of those workers. And that's what China did."
China's strategy tackles the main roots of poverty: poor-quality jobs and low wages, two constant complaints among Latin America's work force, according to Coutino.
美国发明新仪器 有助人类与海豚对话
国际英语资讯:U.S. pullout from Syria must be planned carefully: Erdogan
职业电竞选手其实是在吃青春饭
每晚睡7小时 能有效防止大脑早衰
国际英语资讯:German politicians voice dismay over brutal attack on German AfD politician
跨界歌神?奥巴马单曲MV登上美国公告牌热歌榜单
国际英语资讯:Australias low fuel reserve jeopardizes international reputation: energy department
亚洲杯乌龙:五星红旗覆盖美国国土!
体坛英语资讯:Inter Milan fail to reach Champions League last 16
国内英语资讯:China to expand investment in civil aviation sector in 2019
体坛英语资讯:Chinas Wang retains 200m im title, two world records renewed at Short-course Hangzhou worl
体坛英语资讯:Reports: Big fine for Dembele after late arrival at Barca training
国内英语资讯:Chinese FM makes proposals to implement results from FOCAC Beijing Summit
国外新型安全套问世 男人房事不尴尬
国际英语资讯:Driver, child killed in road collision in Finland
国内英语资讯:CPC leadership hears work reports
国内英语资讯:Senegal hopes to further advance cooperation with China: president
国际英语资讯:Iran says to work with partners to neutralize U.S. sanctions
微软斥资85亿美元收购Skype
女生如何鉴定男友是否是花花公子