MADE IN CHINA could be seen in any products you can name.

No wonder
why China is the worlds second largest economy, the second largest trade nation
and the largest export nation.
Through a lecture-forum we have attended yesterday at UP Diliman, wherein
the guest speaker was Prof. Shen Boming from Guangdong University of Foreign
Studies in China, we were taken aback by the gradual development of Chinas
economy. Prof. Boming emphasized on Chinas adoption of reforms and how the
Open-Door Policy was officially written in Chinas constitution. According to him,
China took the Open-Door Policy because the world is undergoing a process of
globalization and has come to think of a knowledge-based economy. He also added
that a knowledge-based economy has the most important elements which are:
possession, control, production, and utility of knowledge.
I could say that the lecture-forum was really interesting and very informative
because it has enhanced my knowledge on Chinas economy and I believe they are
factual.
Before I end this reaction paper, I would like to share a quote from a Chinese
philosopher, Mr. Deng Xiaoping. Seek truth from facts, not from ideology