Page 4 - THE SOUTH CHINA BUSINESS JOURNAL
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itor's Note

Dr. Harley Seyedin The end of the year is always bitter sweet. then declined over hundreds of years until
It is a time of remembrance and planning, the 1980s. Led by Deng Xiaoping, reformists
President, AmCham South China merriment and preparation. As we finish the within the Communist Party of China created
Winner of the 2017 Oslo Business 2018 AmCham Youth Soccer League season the program of economic reforms referred to
for Peace Award with popcorn and awards, we begin the as “Socialism with Chinese characteristics”
Awarded by the Award Committee of recruitment stage of the 2019 AmCham Youth in December 1978. China opened up to the
Nobel Laureates in Peace and Economics Baseball League in April. As we celebrate the privatization of industry, lifted price controls,
Visiting Scholar, Jinan University accomplishments of our peers at events such as and invited foreign investment. Business has
AmCham’s CHRMA HR Best Practices Awards been good ever since.
Ceremony, we remind our members to please
fill out your annual Special Report survey so we China’s economy and unprecedented
can better serve you in the future. growth have been the success story of the 21st
century. It also created enormous changes
The change of year is always a time of in Chinese society and inspired progress
future and past. This year it is particularly in other developing economies. The story,
important to remember both as we begin however, is far from over. We look forward to
the yearlong celebration of China’s 40th continued decentralization of state authority,
anniversary of reform and opening-up. privatization, and foreign partnerships. We
congratulate China on a job well done and are
Economic prosperity first came to the proud to be a part of that future.
country before 1700. Eighteenth century
Scottish economist and philosopher Adam AmCham of South China hopes your New
Smith wrote that China had long been Year is filled with great success and joy. May
the most fertile, best cultivated, most your businesses flourish and your families
industrious, most prosperous, and most be safe and happy. We look forward once
urbanized country in the world. Alas, for again to serving you and celebrating your
the most part, the economy stagnated and achievements in the coming year.
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