(Xinhua) -- Kenya should borrow lessons from China’s
economic miracle that came to light three decades ago thanks to
policy reforms and modernization of agriculture and
manufacturing sectors, an expert said on Wednesday.
Alex Litu, an analyst specializing in
informal economy, said in an article published by the People
newspaper on Wednesday that China could offer Kenya valuable
insight on how to leapfrog from an agrarian economy to an
“The route taken by China is one which
Kenya can borrow a leaf from when looking for ways to
transform and grow its economy through agriculture and
manufacturing,” Litu remarked.
An estimated 75 percent of Kenyan
population relies on agriculture for income generation while
industrial take off is yet to be realized thanks to
infrastructural, personnel and financing hiccups.
Litu noted that a transformed
agriculture sector that underpinned China’s stellar economic
performance could provide inspiration to Kenya as it embarks on
a transition from subsistence farming to advanced manufacturing.
“The significant improvement in
agriculture helped China release labor from land to industry
and service sectors,” said Litu.
Kenya should take a cue from China and
embark on policy reforms alongside technology adoption in order
to sustain its status as a regional economic and industrial hub.
Litu hailed sweeping reforms that
China undertook to realize phenomenal economic growth that
spread benefits across the globe.
“Over the years, China has managed to
turn around its economy by instituting certain reforms which
have seen the country’s economy grow exponentially into a
global economic powerhouse,” said Litu.
He noted that the development of a
vibrant informal economy could help address poverty and
unemployment crisis in Kenya.