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Xinhua Silk Road Database
Economy

Guest Opinion: Chinese modernization transforms China, benefits world

December 31, 2024


Abstract : Chinese modernization represents a distinctive approach to development that has profoundly transformed China and delivered significant benefits to the global community.

by Ki Manghout

Chinese modernization represents a distinctive approach to development that has profoundly transformed China and delivered significant benefits to the global community.

Rooted in China's unique historical, cultural, and political context, this model emphasizes economic growth, social stability, and governance efficiency while adapting conventional modernization principles to China's realities.

The success of this model provides valuable insights and opportunities for other nations, especially those in the Global South.

One of the most significant benefits of Chinese modernization is its emphasis on economic development as the foundation for national progress.

Over the past four decades, China has lifted over 800 million people out of poverty, achieving the poverty reduction goals of the United Nations' 2030 Agenda for Sustainable Development ahead of schedule.

The Chinese government has effectively balanced rapid urbanization with rural development through targeted policies, including rural revitalization, infrastructure development, and industrial upgrading.

This approach not only fosters national prosperity but also sets an example for countries seeking to eradicate poverty and boost living standards.

Social stability, another hallmark of Chinese modernization, is critical to sustained development.

By promoting harmony and economic opportunity, the Chinese government has created a stable environment for innovation, investment, and growth.

For instance, China's success in building a world-class infrastructure network, including high-speed railways and smart cities, reflects its capacity for long-term planning and efficient governance.

Such stability provides a model for countries grappling with political turbulence and economic disparity, demonstrating the importance of governance that aligns with national realities.

The role of governance in Chinese modernization cannot be ignored. Under the leadership of the Communist Party of China, the country has demonstrated capacity for efficient decision-making that prioritizes national interests.

This governance model has been instrumental in combating corruption, implementing large-scale development projects, and responding effectively to challenges.

For other nations, particularly those with weak institutions or fragmented political systems, China's experience highlights the potential of cohesive and pragmatic governance to drive meaningful progress.

Globally, Chinese modernization offers valuable insights into sustainable development. China's green development strategy, a core component of modernization, focuses on balancing economic growth with environmental protection.

Initiatives like renewable energy investment and afforestation programs have positioned China as a global leader in combating climate change.

For the rest of the world, this commitment to sustainability provides both a model and a partner in achieving shared environmental goals.

Moreover, Chinese modernization underscores the importance of mutual benefit in global relations. Through initiatives like the Belt and Road Initiative, China has extended its development opportunities beyond its borders, fostering connectivity, trade, and infrastructure development with partner countries.

This approach promotes a vision of globalization that is inclusive and collaborative, helping developing countries overcome infrastructure deficits and integrate into the global economy.

Development does not have to follow a one-size-fits-all approach. By focusing on governance that delivers tangible results and aligns with cultural values, China has redefined modernization in a way that resonates with diverse global contexts.

In conclusion, Chinese modernization presents a practical, efficient, and culturally grounded approach to development, which has not only transformed China into a global powerhouse but also inspired other nations.

Its emphasis on economic growth, social stability, governance efficiency, sustainability, and international cooperation underscores its global relevance.

By embracing such an approach, countries worldwide can gain valuable insights in addressing their unique challenges and advancing shared prosperity.

Editor's note: Ki Manghout is a research fellow at the Asian Vision Institute, an independent policy think tank based in Phnom Penh, Cambodia.

The views expressed in this article are those of the author and do not necessarily reflect those of Xinhua News Agency.

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Keyword: world benefits Chinese modernization

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