What did Jiangsu learn from Singapore, what did it miss, and what can India learn?

This video discusses a netizen’s comment that Jiangsu’s urban development in China has copied Singapore’s model.

The speaker explores this idea by:

  • Analyzing Jiangsu’s relationship with Singapore: The video explains that Jiangsu’s economic growth, particularly in Suzhou, is linked to its joint industrial park with Singapore, from which it gained management experience.

  • Discussing China’s internal dynamics: The video touches upon the internal conservative forces within China who are wary of market-based reforms and prefer state-owned enterprises. However, the speaker argues that the government has realized the importance of private companies like Huawei and Alibaba for innovation.

  • Highlighting the role of officials: The speaker acknowledges that while some officials are incompetent, others are exceptionally capable and have made significant contributions to their cities, even using forceful measures to improve public life and the economy.

  • Contrasting China with India: The speaker uses India as a “mirror opposite” to China, stating that its social morality has collapsed, with people taking pride in fraud and valuing wealth above all else. This contrast is used to highlight China’s progress in becoming cleaner and improving its international image.

  • Looking toward China’s future: The speaker expresses confidence in China’s future, noting that the younger generations hold more open values and are supporters of reform. They believe that China’s traditional values combined with Western universal values will lead to the nation’s great rejuvenation.