Scientific development proves critical to China's success

Source:Xinhua Published: 2012-7-24 17:44:47

China has witnessed remarkable achievements in political, economic, cultural and social sectors over the past ten years under the guidance of the Scientific Outlook on Development.

It is steered toward a more open, democratic and rights-based society, while its development has been more sustainable, social welfare notably improved and "soft power" strengthened.

Analysts believe the development strategy that China has adopted has ensured continuous success for the country's reform and opening-up amid global economic uncertainties.

From 2002 to 2012, the country withstood the test of the SARS epidemic and a massive earthquake. It hosted a spectacular Olympic Games and a successful World Expo.

Most importantly, it is perhaps China's economic vitality that has attracted the world's attention, claiming its title as a major engine for global economic growth.

In the last decade, China's economy grew at an average rate of 10 percent per year, while its GDP climbed to 47 trillion yuan (7.46 trillion US dollars) in 2011 from 10 trillion yuan in 2002.

It surpassed the United Kingdom, France, Germany and Japan to become the world's second-largest economy, only after the United States. Its share in the world economy has reached 10 percent from 4.4 percent a decade ago.

"No other country in mankind's history has registered steady development and transformation on a scale and pace comparable to China," said Lin Shangli, vice president of Shanghai-based Fudan University.

"The secret to China's success lies in its leadership and the effectiveness of its strategy and policies," he said.

Analysts have attributed the country's success to the Scientific Outlook on Development, a concept put forward by President Hu Jintao in 2003 that has become the guiding ideology of the ruling Communist Party of China (CPC).

The concept has championed people's interests and advocated comprehensive, coordinated and sustainable development.

It also looks to achieve harmony between mankind and nature, industrialization and environmental protection, and the common development of material, political and cultural civilizations as well as conservation culture.

China began to build its socialist market economy 20 years ago, and the past decade has seen improved and strengthened macroeconomic control.

"China's market economy has been improved. It now has richer experience in macroeconomics, a more forward-looking mind and flexibility," said Zhuang Jian, an economist with the Asian Development Bank's China Representative Office.

Zhuang said he believes all of these factors will be conducive to China's steady economic growth.

Analysts have said the country has implemented a more active and pragmatic strategy of opening up in the last decade under the guidance of the Scientific Outlook on Development.

Economic, political, cultural and social construction have realized coordinated development in the past decade. The country's economic structure has become optimized, with its northeastern, central and western areas emerging as new growth engines.

As it hastens its economic development, China has also made sure that its people can benefit from its progress.

From 2002 to 2012, China abolished the agricultural tax, reduced the retail price of medicine, strengthened financial support for rural areas and increased government funding for education.

Despite these achievements, experts have asked authorities to remain clear-headed.

Development bottlenecks such as a yawning urban-rural development gap, pollution, excessive consumption of energy and resources and social instability will be hurdles for the country's development.

Moreover, the global economic slump, regional conflicts and trade protectionism will add more uncertainties to China's development.

The success of the past 10 years has been driven by China's reform and opening-up, said Ren Yuan, a professor at the School of Social Development and Public Policy at Fudan University.

If China wants to create more room for further development, it needs to forge ahead with its reform and opening-up efforts and remove the hurdles that stand in its way.

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