An objective understanding of China’s development
- By Zheng Xiwen
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E-mail People's Daily, January 4, 2013
A burgeoning China brings to the world more opportunities, not threats
China’s sustained development and growth have brought tangible benefits to the world and it also a fresh driving force for its future development. From the Asian financial crisis in late 1990s to the international financial crisis of today, if it is without China’s persistent contributions, the world economy would have been entirely different.
Many countries say that the economic and trade relations with China especially the robust growth of exports to China is the major factor for them to survive in the international financial crisis and to avoid economy downturns. A survey of the IMF shows that China has become the biggest or second biggest trading partner of 78 countries in the world. In the decade since China joined the WTO, China kept an average annual import of 750 billion U.S. dollars, creating over 14 million jobs in related countries and regions. The profit repatriation by foreign-invested enterprises cumulated to 261.7 billion U.S. dollars, at an annual growth rate of 30 percent. In the 12th Five-Year Plan period starting from 2011 to 2015, China is expected to import goods worth more than 8 trillion U.S. dollars, which means it will create enormous business opportunities to the world.
According to the NIC report, it is expected that China’s proportion in the world economic growth will be over 33 percent around 2025, which is far more than any other major economies. The future development of China will better benefit its neighboring countries and worldwide.
The development and growth of China will enhance the force for safeguarding world peace. China is a big country that is traditionally in favor of peace. Former U.S. Secretary of State Henry Kissinger pointed out that the Chinese nation is one of the most peaceful nations in history, and China has never invaded other nations by force. In the future, China will also be a force for peace.
At the Hamburg Summit held recently, former German Chancellor Helmut Schmidt said," Throughout the history of China, China has never established colonies in other countries. In China's foreign policy, plundering the territory of other countries has never happened. China has been the most peaceful country in the history of the world." Since the People’s Republic of China was founded more than 60 years ago, China has always been an internationally recognized force of peace.
The world is changing and China is changing, but China’s commitment to safeguard world peace and promote common development will not change. In the report to the 18th National Congress of the CPC, Hu Jintao pointed out that we must firmly adhere to peaceful development and takes it as one of the eight basic requirements for winning a new victory of socialism with Chinese characteristics under the new historical conditions.
In the future, China will continue to hold high the banner of "peace, development, cooperation and win-win", promote equality and mutual trust, inclusiveness, mutual learning, and win-win cooperation spirit, and make its due contributions for the peaceful development of the world, the prosperity and progress of mankind with a more open, inclusive and cooperative attitude, and with more positive and promising efforts.
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