Deng Xiaoping Quotes

... a better government: more complete security of property; moderate taxes; a more permanent ... tenure of land ... the introduction of foreign arts ... and the introduction of foreign capital, which renders the increase of production no longer exclusively on the thrift or providence of the inhabitants themselves.

I've gone to China, bought a manufacturing company and moved it to America. Now China wants to buy back some of that new technology from me. That's a great story for America.

South Africa's increasingly, for example, the largest foreign investor in various other parts of Africa.

We are the country that has attracted the biggest volume of foreign investment in southeastern Europe in the past few years. Romania doesn't need to beat itself, believing that it is a second-class citizen.

In my International Development Scheme, I propose that the profits of this industrial development should go first to pay the interest and principal of foreign capital invested in it; second to give high wages to labor; and third to improve or extend the machinery of production.

We can go into the Chinese market, develop the engine, new models of cars. Proton can compete. What is the point of giving the company to foreigners? It will revert to the same situation where foreigners just assemble their cars here. We learn nothing.

The most important thing for Africa is that whoever wants to invest in our countries should start in manufacturing.

It takes time and experience to absorb new technologies, so technologically backward producers need a period of protection from international competition during this period of learning. Such protection is costly, because the country is giving up the chance to import better and cheaper products. However, it is a price that has to be paid if it wants to develop advanced industries.

The Chinese economy is growing at the rate of 9 percent; the Indian economy growing at the rate of 8 percent - enormous I think opportunities for two-way flow of trade, technology and investment.

I'm not happy exporting jobs but we must move ahead in technology and patents. I don't like losing any jobs but we'll see new opportunities created selling products there. We'll have a net increase in economic activity, just as we did with free trade. It's tempting to want to protect our markets and stay closed. But at some point it all comes crashing down and you're hopelessly left behind. Then you are Russia.

The War of 1812 has given new direction to wealth and industry in the United States, and manufacturers grew up as if by magic.

America…could within twenty years bring us to a degree of development which Turks, left to themselves, would not be able to achieve in a century. It would make Turkey prosperous, rich and happy and turn Turks into a strong and civilized nation.

Let me assure you that the ANC [African National Congress] is not an enemy of private enterprise …. We are aware that the investor will not invest unless the security of that investment is assured. The rates of economic growth that we seek cannot be achieved without important inflows of foreign capital. We are determined to create the necessary climate that the foreign investor will find attractive.

South Korea’s research and development output has increased from half the size of the Arab world to 20 times as large, and Israel’s research output on a per capita basis is 26 times as large as the Arab world’s.

Over the last three decades, Mexico has made the transition from a commodity and agricultural-based economy to one dominated by manufacturing and services.

Simple projects such as paving roads, can do more to boost a poor economy than a premature push to develop cutting-edge technologies, but soon the benefits of basic infrastructure run their course.

After World War II, the U. S. Government made massive investments in the nascent field of computer science, both in research and in industry. In the 1950s it bought almost 50 percent of all semiconductors that were produced, thus driving down their costs until the private sector could afford to buy them.

I like the concept of 'Make in India'. But the orientation of 'Make in India' is slightly different than what I would. So, the orientation of Make in India is big business, and a lot of it is defence. My orientation of 'Make in India' would be small and medium businesses.

We should make innovations in coal-mining and metallurgical industries in particular so as to revitalize the overall economy of the country.

How can a country like Korea, which was not fully prepared for the upcoming era, be as rich as Germany now?

Innovation really is the life blood of our American economy... looking back at the stories of Thomas Edison, Alexander Graham Bell, and the Wright Brothers, you look at emergence to technology innovation and what it has done for our economy. We need to continue that.

Silicon Valley has been this global engine of innovation and economic growth over the last few decades, but a tidal wave of innovation that has been focused very much in the digital realm.

My ideal - and here, the sky is the limit - is to attract foreign investment via concessions.

Latecomers to industrial development have had to catch up by finding ways of closing the gap.

Upbuilding is necessary for the uplifting of our soul... Indonesia must be a strong country packed with factories. This is our utopia.