As the world undergoes profound changes, humanity once again stands at a historic crossroads facing pivotal choices. Amid global uncertainty, China’s modernisation has created a new path for human progress and common prosperity.
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China’s path to modernity has a socialist character. Led by the Communist Party of China, it follows the general principles of modernisation while being firmly rooted in China’s history, culture and national conditions, giving it distinct characteristics. To understand these characteristics, it’s important to identify them.
First, China is modernising with a massive population. With over 1.4 billion people – more than the total population of the world’s developed countries – China’s modernisation is unprecedented in human history.
This means China faces more complex issues and even more arduous challenges. However, it also means China can offer valuable experience to countries with large populations on how to modernise.
Second, Chinese modernisation aims for common prosperity and pursues shared development outcomes for all. Instead of widening wealth gaps, common prosperity focuses on upholding social justice while narrowing regional and income-based wealth gaps. Today, China’s middle-income group has expanded to include hundreds of millions of people. When China grows its economy, it strives to ensure that growth is inclusive and equitable.
Third, Chinese modernisation balances material, cultural and ethical advancement. China prioritises socialist cultural development to nurture creativity, ethical standards and the well-rounded development of the individual.
