Posted by Sslee > 2022-01-02 12:36 | Report Abuse
https://www.chinadaily.com.cn/a/202111/04/WS61831029a310cdd39bc73279.h...
China's journey from poverty to prosperity
By Hussein Askary | China Daily | Updated: 2021-11-04
China has realized "moderate prosperity in all aspects" and eliminated absolute poverty a year before the 100th anniversary of the founding of the CPC means it has achieved its first centenary goal and is on way to achieving the second, that is, developing China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful, and realizing national rejuvenation by the middle of the century.
But before that, by 2035, China intends to achieve "basic socialist modernization"-raising technological advancement, innovation and living standards to the highest level in the world.
According to the Belt and Road Institute in Sweden, the decisive factors in China's "epic journey" were urbanization and building new city clusters; massive investment in infrastructure; raising the productivity of society through industrialization and education and by raising labor skills; rural development including agricultural development and reform; and technological advancement and innovation.
The most striking aspect of the "epic journey" is the consistency of vision, planning and implementation to reach the targeted goals at each stage. That has been possible due to the political and social system led by the Party.
This efficiency of command, combined with the trust and hard work of the people and the Party cadres, has managed to move mountains. Therefore, this aspect of China's development remains unique.
What can be generalized globally are China's vision and long-term development goals with the help of the five-year plans. For other nations to succeed in their efforts, the commitment of the political system to such goals and the support of the people are necessary.
Yet it is important to keep in mind that China has maintained a balance between sustainable development and tackling ever-changing internal and external economic challenges. Due to its sheer size, capabilities and organization, China has succeeded in navigating the stormy seas without changing its course. After every crisis, from the Asian financial and global financial crises to the COVID-19 public health crisis－which has paralyzed the global economy－China has managed to quickly recover and continue contributing to world economic development. Other countries should study how China managed to do so.
Although it took a relatively long time, China succeeded in improving the living standards and productivity in rural areas. This helped make the countryside contribute to national economic growth instead of being a hurdle to development. Once again, massive investments in infrastructure, transfer of technology and Party members' efforts to train rural residents in new skills were decisive factors. Other countries can learn a lot from them.
