Foreign experts: China's 72-year development miracle will further promote global prosperity

20:04, October 01, 2021 Source: China Daily 参与互动 Participate in the interaction

October 1st is the National Day of the People’s Republic of China, also this country The most important holiday. The founding of the People’s Republic of China is not only an important milestone for the Chinese people, but also for the entire Eurasian continent. During these 72 years, China has achieved incredible success and has set an example for the world.

The hard work, talent, endurance, and loyalty to national concepts and traditions of the Chinese people are the foundation of the Communist Party of China in building the country. This country is gradually moving towards prosperity. Over the years, under the leadership of the Communist Party of China, the Chinese people have made tremendous achievements in economic and social development, which is amazing.

It is no coincidence that the world is still discussing the “Chinese economic miracle”. Many foreign experts and politicians believe that the development of contemporary China is quite rare in the entire history of social development.

Under the leadership of the Communist Party of China, the Chinese people achieved independence and liberation. The great achievements made by New China are reflected in many aspects such as developing productivity, social progress, reducing poverty on a large scale, meeting the immediate needs of the people, and improving social welfare. All these achievements are the result of the common struggle and dedication of the Chinese Communist Party leading the broad masses of the people.

In 1952, China’s GDP was only 67.9 billion yuan. By 2010, China’s GDP had surpassed Japan, becoming the world’s second largest economy after the United States. In 1950, the scale of China’s foreign trade was only 1.13 billion U.S. dollars. In 2018, its total import and export volume of goods reached 4.6 trillion U.S. dollars. China has transformed from a resource-based country to a high-tech country. Over the past 40 years, China has actually absorbed more than US$2.1 trillion in foreign investment. China today is the world’s largest industrial country and the largest foreign exchange reserve country.

In the past 72 years, China’s people’s livelihood and well-being have also been greatly improved. Today, China has eliminated absolute poverty. Behind this victory in the fight against poverty is the incredible effort of the entire country.

China has also made significant progress in the field of human rights. The White Paper “For the People’s Happiness: 70 Years of Development of Human Rights in New China” released on the occasion of the 70th anniversary of the founding of the People’s Republic of China stated that China insists on taking the right to survival and the right to development as the primary basic human rights, and strives to enhance the well-being of the people through development. More adequate protection of human rights.

According to the white paper, China has made a series of achievements, including effective protection of the right to food, the elimination of absolute poverty, the substantial improvement of people’s living standards, and the effective guarantee of drinking water safety. The basic living conditions of the people have been significantly improved, people’s travel has become more convenient and faster, the health of the people has continued to improve, the social assistance system has been continuously improved, and the level of post and telecommunications has been comprehensively improved.

Today China is a highly developed country, playing an increasingly important role in the world economy. China’s impressive achievements in the socio-economic, foreign policy, and other fields are the inevitable results of China’s right development path.

As a socialist country, China follows the laws of the market and has established a country and economic development model with Chinese characteristics. The success of this model is confirmed every day. The year 1972 is just the beginning. In the future, China will complete many major events and achieve many outstanding achievements. There is no doubt that these will further promote global well-being and prosperity.

(The author is Samuel Mammadoff, Director of EurAsiaAz, International Expert Club)

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