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Sunday, March 28, 2021, 17:31
CPC with Xi at core drives China's stability and development
By Talat Shabbir
Sunday, March 28, 2021, 17:31 By Talat Shabbir

The highly organized Communist Party of China with top leader Xi Jinping at its core and China’s thriving economy are among the key factors that currently drive a global vision for mankind.

At the heart of China’s global vision are the core national interests of safeguarding territorial integrity, maintaining political stability and pursuing continuous peaceful economic development with shared benefits and joint contribution for the global community.

At the heart of China’s global vision are the core national interests of safeguarding territorial integrity, maintaining political stability and pursuing continuous peaceful economic development with shared benefits and joint contribution for the global community

In the last decade, the expressions of “building a community of shared future for mankind” and creating a world of “win-win cooperation” have reflected China’s wish to pursue regional and global politics. In the new era of reform and opening-up era, China has persistently advanced “peace, equality development and win-win cooperation” as its foreign policy objectives.

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To China, a fair, equitable, just and inclusive world order will not only help usher in harmony across the world but shall also serve the purpose of global peace and stability. The shared future for mankind that Xi refers to in most of his speeches also reflects China’s global vision.

A charismatic personality, Xi, General Secretary of the CPC Central Committee, leads the Party with nearly 90 million members while overseeing many areas of vital importance including government reforms, cyber security, finance and military overhaul.

Zheng Yongnian, former director of the East Asian Institute at the Singapore National University, referred to Xi as the third key leader of post-revolution China after Mao Zedong and Deng Xiaoping who represented the first and second generations of the CPC, respectively.

The late prime minister of Singapore, Lee Kuan Yew, put Xi in the class of Nelson Mandela and described him as a “person with enormous emotional stability who does not allow his personal misfortunes or sufferings to affect his judgment”.

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The “four comprehensives” that Xi began to advance in 2015 are manifestations of his focus and clear thinking. Under the four comprehensives, he stressed on establishing a moderately prosperous society, deepening reform, ruling the nation by law, and strictly enforcing party discipline comprehensively.

Xi, therefore, emerges as a leader who has the capacity to steer China to realize the objectives of its global vision but can significantly contribute toward global peace and development.   

China owes a lot to the CPC for appreciating domestic, regional and global challenges. The CPC led by Mao founded the People’s Republic in 1949 after an extensive struggle. One of the largest parties in the world, with ninety million registered members, the CPC has successfully expanded its political influence since it came into being 100 years ago.

The CPC, through its exceptional mechanism, has also deliberates over challenges that China faces at home and across the world. The COVID-19 pandemic is a case in point where the CPC, with its leadership, was able rise up to challenges.

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The COVID-19 pandemic is a case in point where the CPC, with its leadership, was able rise up to the challenges posed by the deadly pandemic.

With the CPC-driven campaign against the pandemic, not only has China successfully coordinated pandemic-control measures but was also able to address the socioeconomic challenges that emerged due to the pandemic.

A significant lead role was played by most of the members of the CPC to mitigate the effects of the pandemic and helping workers to resume work across China with a view to attain positive growth. 

One of the most important factors that help China realize its global vision is economic growth. According to China’s National Bureau of Statistics, in 2020, GDP reached 101.6 trillion yuan or around US$14.7 trillion. China’s share of the world economy is expected to be 17 percent with nearly 30 percent contribution to global growth.

China showed sustainability in economic growth when almost the entire world was in economic decline in the wake COVID-19. According to the International Monetary Fund’s World Economic Outlook report, though FDI flows fell 30-40 percent in 2020, China’s growth statistics continue to show stability.

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When countries across the globe recorded low exports due to the pandemic, Chinese exports hit an all-time high of US$2.6 trillion. Despite the Sino-US trade war, China recorded a trade surplus of US$316.9 billion with the United States.

Due to its economic resilience, China has regained the title of the world’s top destination for foreign investments. Foreign investment into China reached more than US$129.5 billion toward the end of the 2020, more than the investments during the previous year.

Needless to say, China’s economic rise enhances its political leverage with other countries as well as international institutions.  

To pursue its global vision, Beijing would need to focus on maintaining territorial sovereignty, safeguarding its interests in the Asia-Pacific region and pursuing a peaceful international environment to propel China’s economic growth.

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China has important stakes in the international order that reflect its new role in the emerging global governance system. The political system and development model that China has evolved over a period of time makes perfect sense as it has yielded huge dividends.

For China, the cardinal principle of international relations or for shaping the international order are mutual trust, non-interference, non-confrontation, engagement and win-win cooperation.

With Xi at the helm of China’s affairs, the CPC’s collective wisdom and resilient economy, the country certainly has a substantial role in transforming the world and shaping the future of mankind.  

 

The author is director of China-Pakistan Study Centre at Institute of Strategic Studies Islamabad. The views do not necessarily represent those of China Daily.


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