
China’s development an inspiration for world
LONDON: China’s development achieved through meticulous planning and diligence has raised the living standards of its people and inspired the rest of the world, a panel of British experts on China has said.
In a fragmented world with “declining economic globalisation,” China is providing much-needed “stability, predictability and credibility,” they concurred at a symposium earlier this week hosted by the Chinese Embassy in Britain.
Global inspiration
At the symposium following the recently concluded 20th National Congress of the Communist Party of China (CPC), the experts said the world could take a leaf out of China’s book of long-term planning. The landmark congress has charted the course for building a modern socialist China in all respects for the next five years and beyond.
“We don’t have any long-term central planning in most of the economies of the West, and that makes the greatest difference in the ability of a country to anticipate, to plan and put resources in place, to take advantage of the opportunities, to raise the standards of living of the people,” said Stephen Perry, chair of Britain’s 48 Group Club.
Keith Bennett, a long-term China specialist and vice chair of the 48 Group Club, said the report to the 20th CPC National Congress is “encyclopedic in its scope and contents.”
Bennett spoke highly of the report’s emphasis on the Chinese path to modernisation of a huge population, of common prosperity for all, of material and cultural-ethical advancement, of harmony between humanity and nature, and of peaceful development.
“The drive towards common prosperity will hold valuable lessons not only for developing countries but for developed countries too,” he said.
British scholar and political commentator Martin Jacques also highlighted China’s pursuit of common prosperity, lamenting how Western countries have never taken it seriously.
“For China to embrace common prosperity, to establish a society of greater fairness, greater equity, that is a very important message not only to China, Chinese people but to the world as well,” he said.
China announced in 2021 that it had lifted the final 98.99 million impoverished rural residents living under the current poverty line out of poverty, and removed all 832 impoverished counties and 128,000 villages from the poverty list.
“Judging by China’s performance on extreme poverty, which is extraordinary, then China’s impact on the world as it seeks to create a fairer society will be, in an era of growth inequality, extraordinarily important,” Jacques said.
Stability, predictability, credibility
China’s path to modernisation featuring peaceful development differs from that of many Western countries. Beijing seeks growth not by oppressing others but by developing and modernising itself, the experts said.
Before the symposium, the panel of experts toured a photo exhibition in the embassy that showcased China’s achievements over the past decade. Bennett said the images offered a glimpse of China’s self-reliance and goodwill.
He said he was touched the most by the picture of late Chinese agronomist Yuan Longping, known as the “father of hybrid rice” who saved millions of people from dying of hunger, as well as a photo of the Chinese-built China-Laos Railway, which he believes will promote economic growth in “the world’s most bombed country.”
“The modernisation of a small number of Western countries was based on the exploitation, oppression and colonisation of almost the entire world. China is not developing by exploiting any other country; China is developing itself and modernising itself, and at the same time helping other countries to develop and modernise,” Bennett told Xinhua.
Catch all the Economic Pulse News, Breaking News Event and Latest News Updates on The BOL News
Download The BOL News App to get the Daily News Update & Live News.