Lee Hsien Loong Quotes

Developing nations want to become developed nations.

Today, being the biggest developing countries in the world, China and India are both committed to developing their economy and raising their people's living standards.

There are emerging countries. I mean, there are countries, you know, China, India, and Brazil, and all of these countries that are emerging. They are building homes. They are building - so there is a new lifestyle.

The country that is more developed industrially only shows, to the less developed, the image of its own future.

At the same time, we are keenly aware that China is still the largest developing country in the world and we need to make long and hard efforts if we are to build a moderately prosperous society in all respects and basically achieve modernization.

We have built cities, developed industry and cultivated agriculture - we have transformed the State of Israel into an example and symbol for many other countries in the world.

Towards the end of the eighteenth century the industrial-financial revolution began.

I think that we live in a highly specialized, technologically advanced society. Highly developed societies tend to have very remote understandings about what underlies our prosperity.

Mass prosperity came with the mass innovation that sprung up in 1815 in Britain, soon after in America, and later in Germany and France: It brought sustained growth to these nations - also to nations with entrepreneurs willing and able to copy the innovations.

Deng Xiaoping made a calculation. He bet on demographics. What he knew was that China had this enormous population of young, underemployed people, people who he could move from the farms to the coast and put them to work in factories, and that would be the lifeblood of China's economy.

China is still a developing country with a myriad of tasks and challenges.

Romania is still very much underutilizing its natural and human potential.

When I was a student there in the mid-1990s, they had just created the weekend; depth and individuality were slowly returning after the austere, colorless low of the 1970s. When I returned to live in China from 2005 to 2013, the country was building everything anew.

China is doing lots of things right. It's investing in education and R&D, it's opening up, it's more cosmopolitan than it's ever been. I think it's very likely that China will continue to explode economically and certainly become a superpower.

Whatever the scenario, the dynamism of developing nations, their demographics and competitive power are great sources for superiority.

The electronics industry expanded rapidly and the seeds for the semiconductor and software revolution were planted. The postwar period also saw the suburbanization of America, the rise of the homeowner, the build-out of the interstate highway system, and the rise of automobile culture. Credit availability expanded dramatically.

A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.

The future of Africa is in innovative engineering.

Openness has been vital to Asia's fast growth in the past and it will continue to be crucial for the area's further development.

For an economy built to last we must invest in what will fuel us for generations to come. This is our history - from the Transcontinental Railroad to the Hoover Dam, to the dredging of our ports and building of our most historic bridges - our American ancestors prioritized growth and investment in our nation's infrastructure.

You cannot blame the mismanagement of the economy or the fact that we have not invested adequately in education in order to give our people the knowledge, the skills and the technology that they need in order to be able to use the resources that Africa has to gain wealth.

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

That the way to achieve higher standards of living for all is through science and technology, taking advantage of better tools, methods and organization.

Your future is still before you. Your land is a vast storehouse of mineral and agricultural wealth awaiting further development for the benefit of mankind. It potentialities are magnificent.

I'm extremely positive about investment in Africa. Africa has a wonderful climate, wonderful people, and amazing possibilities. Africa has been called dark and hopeless, but today it is neither of these. Africa is awakening. It's a huge market of almost a billion people with huge resources and a young population. It's the best place to invest.