5 reasons behind Chinese miracle

October 1, 2024, marked the 75th anniversary of the founding of the People's Republic of China.

- KONG XIANHUA

Over the past 75 years, China developed from abject poverty to the world's second-largest economy, with a per capita income of more than $12,500, reaching the level of upper-middle-income countries. Looking back at the 75 years of China's modern history, no one can deny that this is an economic miracle the world has never seen. In 2022, the report of the 20th National Congress of the Communist Party of China proposed to build China into a great modern socialist country in two steps in the next 27 years through the 'Chinese path to modernization', which features a huge population, common prosperity for all, and material and cultural-ethical advancement, and also entails harmony between humanity and nature, as well as peaceful development.

This July, the Third Plenary Session of the 20th CPC Central Committee adopted the Resolution of the CPC Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization. More than 300 reform measures have been put forward to further improve and develop the socialist system with Chinese characteristics and modernization of the national governance system and capacity. China's economic miracle continues to shine. At this historic juncture, it is the best time to answer the question of interest: What are the reasons behind the Chinese miracle? Truth comes from practice. As the economic miracle was created by Chinese people, it is Chinese people who are more qualified to answer the question. Here are five reasons that reveal why.

Rooted in aspirations

The first reason is staying true to the original aspiration. A poem by Lebanese poet Kahlil Gibran is popular in China, which goes, "We already walked too far, down to we had forgotten why embarked." We Chinese people bear this in mind to alert ourselves not to betray our ideals and beliefs.