(•۝• ѴƲ cℓʋв •۝•) Fwd: China The Success Story

 

 

 

China,the success story US President Obama visited China recently, primarily to find out what exactly & how exactly China is doing things that makes it such a success story, surpassing all the so-called "expert economic planners" of the US & Europe. His team found these 5 basic lessons behind China 's success -  it applies equally to everybody :   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         LESSON No 2 -  EDUCATION MATTERS The Chinese are obsessed with ensuring kids get the right education  - English, Maths & 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 ahead of the kids in the US .     LESSON No 3  -  LOOK AFTER THE ELDERLY   The Chinese DO NOT send their elderly to nursing care centres  -  they personally look after & care for their parents. In the US , nursing care of the elderly is now costing each resident USD 85,000 annually, & 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.     LESSON No 4 -  SAVE MORE In the US , 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 & 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 & job growth.     LESSON No 5  -  LOOK OVER THE HORIZON In China , everyone is forward looking  -  anticipating the future and investing accordingly.   New graduates make a vow - never ever will their children & grandchildren be worse off than they are. With this kind of forward mentality, people are always thinking & planning how, not just to succeed, BUT how to be the best in the world in everything they do.

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