Economic Sector
China has been more self-confident in allowing foreign direct investment, and in creating the conditions for such investment. It has pursued upgrading its higher education system with a focus that puts India to shame. India can learn to produce more innovation in such conditions and focus on its education system and foreign investments for the better welfare of Indian citizens and the nation as a whole. Another economic reform that can be adopted by India is to reconfirm strength in exchange rate management. China has a fixed exchange rate while India has been less firm in it after the free float of the rupee. A changing exchange rate can destabilize the economy, and hence India should learn from China in this respect.
Social Sector
Basic health and education remain India’s weak spots, in terms of its development achievements. This is despite national missions and numerous expenditure schemes. Why did China do better? One conjecture is that India’s social fragmentation has played a role in its relatively poor performance on basic needs. But fixing this particular problem will require looking inward, not anywhere else.
i. Health Sector
The Chinese National Health Services Survey shows that the medical insurance coverage in China has increased from 29·7 percent in 2003, to 95·7 percent in 2011. In India, the health insurance market is very limited, covering only about 10 percent of the total population. In contrast to this, India's total health expenditure is around 5 percent of GDP. It is noted that reform of public hospitals is essential to control health expenditure because such institutes deliver more than 90 percent of the country's health services. There are pilot programmes for public hospital reforms in China. We can start dedicating more of our GDP towards health services for the sake of people welfare.
ii. Education Sector
Recent times see China becoming the world's new education hub. Statistics show that in 2011 there were approximately 292,611 international students in China. What made its education sector so large? The financial aspect is one of the usual factors that has driven students east-ward, as is the relatively less competitive entry to courses such as medicine and management, which are the favourites (more than 90%) of Indians studying in the People’s Republic, according to information provided by the embassy. It is quite easier for Indian students to register for the medicine major than in European or US universities. India can make attempts to refine the quality and quantity of schools and lower the competitiveness in medicinal fields, as a lesson from China.
- Renuka- Sudipta
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CHINA ….………………… A PARTNER, COMPETITOR,
INSPIRATION AND A TEACHER!!!
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China
has played a role in steering India’s path of economic reform. It has often
served as a benchmark for judging India’s progress, because it is the only
other country that matches India in population size. Sorting out the lessons
from China’s experience is always useful, beyond the comparison of the
countries’ planning exercises.
The following will give you
an insight into the specifications ………….
The one-child
policy ( one-child limitation
in the population control policy of the People's
Republic of China (PRC))and other such policies implemented by PRC has
provoked in the Indian Government, an urge to plan in enforcing similar
policies to control the population explosion in India .We can look forward to
such implementations in the future !
Well another important inspiration has been that of the China
Railways department, its well organized track system has, motivated the Indian
railways department to plan for better managed transportation in the future. It also tells the number of
kilometers travelled by either a passenger or one tone of freight per kilometer
on existing infrastructural route length which is judged on the basis of the
amount of traffic and the distance of travel.
This way it helps manage over-crowding which might lead to other complications
such as suffocation, theft, accidents etc...
The Chinese economic reform refers
to the program of economic
reforms called "Socialism
with Chinese characteristics" in the People's
Republic of China (PRC) that were
started in December 1978 by reformists within the Communist Party of China (CPC) led by Deng Xiaoping. China had one of the
world's largest and most advanced
economies prior to the nineteenth
century, but was later disturbed due to the various adversities and economic
problems that it underwent. However it has been able to efficiently manage
these ups-and downs with the help of the above mentioned reform, India should
learn to adopt to such reforms thereby stabilizing our economy and gearing up
to face any unexpected turn in events !
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The “Sunshine
Schools” Program will install solar photovoltaic (PV) systems in about
1,000 public schools and colleges in Beijing.
This is
China’s biggest rooftop solar PV project in the public sector to date. The
program has also inspired each school and student to go eco-friendly in
their own ways.
Two million students and teachers in
schools across Beijing will have access to green electricity thanks to a
renewable energy program supported by the local and central governments.
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The above mentioned program is one
which promotes the use of non-conventional sources of energy such as the above
mentioned solar energy in public places and for those institutions which
consume a large amount of energy on a daily basis.
Improving water Resource
Management and Pollution Control in the Hai Basin, Pollution Control Combined with Increased Treatment to Bring
Cleaner Water for Liuzhou residents, Empowering
Farmers through a Participatory Approach and other such projects supported by
the World Bank (U.N), have been the recent concerns for China. These also serve
as a platform to bridge the gap between the developed and developing areas in
China! It would be appreciated if the Indian government could support such
campaigns to save resources and eradicate ill-literacy.
The following gives us an idea of how
we have benefitted from China, in a concise manner, thus concluding this study!
Their undying spirit and
hard work has inspired us ………….
Their worldwide contact with all the nations
has driven us to maintain unbroken contacts around the world…………..
Their steady climb to a cleaner, well managed
country and their techniques to eradicate overpopulation and poverty has
ignited in us an anticipation of a cleaner, greener and well managed India!
Bibliography
