The Significance of Chinese Modernization

Our modernization has distinctly Chinese features that are based on our national conditions.

Since the founding of the People’s Republic of China, the CPC has led the Chinese people in proceeding from reality in all endeavors, independently forging a path forward, and striving to solve practical problems that have arisen in the course of socialist modernization.

Since 1951, China has formulated and implemented 14 five-year plans, which have been instrumental in promoting socioeconomic development, raising our composite national strength, and improving our people’s standard of living, achieving the rare combination of rapid economic development and long-term social stability.

Since the 18th CPC National Congress, the CPC Central Committee, with Xi Jinping at its core, has made historic achievements and developments in the cause of our Party and country.

We have secured victory in the fight against poverty on schedule and built a moderately prosperous society in all respects, thereby completing the First Centenary Goal and leading to the great transformation of the Chinese nation from standing up and growing prosperous to becoming strong. The rejuvenation of the Chinese nation is now on an irreversible course.

Our modernization conforms with the laws that underlie the development of socialism and the evolution of human society.

The Chinese path to modernization was forged in the course of adhering to and developing socialism with Chinese characteristics.

In various historical periods, the CPC has correctly identified China’s stage of development and the principal challenges facing our society, adjusted production relations to develop productive forces, and improved the superstructure to develop our economic foundations, thereby resolutely liberating and developing our national productive forces.

Throughout this process, the CPC has honed its understanding of how to build a modern socialist country, developed its strategy and gained the requisite experience for achieving this objective.

We have demonstrated that the Chinese path to modernization is not only viable, but also a stable and successful approach. It is not only based on a correct understanding of objective economic laws, but also conforms to the development trajectory of socialism, and it has provided a fundamental approach to building China into a great modern socialist country.

Our modernization offers a new approach to realizing modernization.

The Chinese path to modernization does not rely on external help, imitate foreign models, or tread in the footsteps of other countries. It has taken us just decades for our industrialization to reach the stage that it took developed countries hundreds of years to reach.

During this process, we have solved many development issues for human society, developing ourselves, benefiting the world, and providing Chinese solutions to building better social systems.

In the last decade, our GDP has increased from 53.9 trillion yuan to 114.4 trillion yuan, the size of our economy as a proportion of the world economy has risen from 11.3% to 18.5%, and our average contribution to global economic growth has reached 38.6%, more than that of the G7 countries combined.

In that same period, we have cemented our status as having the world’s second largest economy, second largest consumer market, largest manufacturing industry, and largest goods trade, providing countries around the world with development opportunities.

China has achieved the greatest victory against poverty in human history, which has contributed significantly to reducing poverty worldwide. Since 2013, the Belt and Road Initiative has become popular with people abroad and a successful platform for international cooperation, allowing us to share the fruits of our development with people in the countries along the route.

The CPC has successfully led the people of China in pioneering a Chinese path to modernization, creating a new model of human progress, and expanding the channels for developing countries to achieve modernization.

It has brought Chinese insight, solutions, and strength to bear in solving issues of common concern to humanity, thereby presenting an alternative choice for countries and peoples who wish to develop more rapidly but maintain their independence.