From 1978 to 2018, China has undergone tremendous changes thanks to reform and opening-up. Watch this video featuring vivid animation and rich data to explore China's amazing transformation in the past 40 years.
A line-up of grandiose accomplishments. I was doing my MA in the United States in the early 1980s shortly after my first overseas posting in Africa. China was only a couple of years intoreform and opening-up, and I could never forget the shock at seeing the huge gap betweenChina and the US . The ensuing four decades painted a completely different picture. Chinamaintained an average annual growth rate of more than 9 percent and became the world'ssecond-largest economy; China's share in the world economy increased from 2.7 to 16 percent; its per capita GDP rocketed from around $100 to over $8,000; 800 million Chinese were liftedout of poverty. The fact that China has accomplished in 40 years what had taken theWestern industrialized countries several hundreds of years to achieve is truly a miracle inhuman history.
A symphony of glorious courage. The 40 years of reform and opening-up is a great newrevolution. The CPC has led the Chinese people to take on difficult issues and navigatetreacherous rapids, "cutting a path through the mountain rocks and building a bridge acrossthe rapid currents". With these courageous efforts, China has continuously released anddeveloped the productive forces, and succeeded in blazing a path of socialism with Chinesecharacteristics.
At the same time, China will open its door wider to the world and increase alignment ofdomestic practices with international economic and trade rules. Market access will be greatlyimproved and there will be greater openness in the service sector, especially the financialsector. The goal is to engineer a more open, inclusive, institutionalized system that facilitatesthe free and orderly flow of economic factors. A key effort of China's continued opening-up isthe Belt and Road Initiative. This initiative encourages two-way trade and mutual investmentbetween all countries, and aims to build an open world economy. Another demonstration ofChina continuing to open up on all fronts is the first-ever China International Import Expo to beheld in Shanghai this November. Companies from over 100 countries are expected to take partin this event, which will testify to the sincerity and determination of China in opening up itsmarket to the world.
President Xi Jinping once said: "History looks kindly on those with resolve, with drive andambition, and with plenty of guts; it won't wait for the hesitant, the apathetic, or those whoshy away from challenges." There is every reason to believe that the Chinese Dream of nationalrejuvenation will be realized as China presses ahead on the journey of reform and opening-upanew. A China that is approaching the center of the world stage will create more developmentopportunities for countries around the world, including the UK, and will make new and greatercontribution to building a community with a shared future for mankind.
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