{"id":123741,"date":"2025-10-27T08:09:37","date_gmt":"2025-10-27T08:09:37","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2025\/10\/27\/experts-chinas-new-development-blueprint-offers-stability-and-shared-prosperity-worldwide\/"},"modified":"2025-10-27T08:09:37","modified_gmt":"2025-10-27T08:09:37","slug":"experts-chinas-new-development-blueprint-offers-stability-and-shared-prosperity-worldwide","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/experts-chinas-new-development-blueprint-offers-stability-and-shared-prosperity-worldwide\/","title":{"rendered":"Experts: China\u2019s new development blueprint offers stability and shared prosperity worldwide"},"content":{"rendered":"

BEIJING, China, Oct 27 \u2014 In a global landscape fraught with uncertainties, China\u2019s development commitment offers the international community stability and positive momentum, experts said.<\/strong><\/p>\n

China\u2019s growth will create vast opportunities for the world, opening new avenues for cooperation in areas such as technology, sustainable development, the green economy and the digital economy, they said, adding that such collaboration will allow countries to tap into their shared potential and reap more benefits.<\/p>\n

Their remarks came after the fourth plenary session of the 20th Central Committee of the Communist Party of China, which was held in Beijing last week, outlined China\u2019s development blueprint for the next five years, signaling the nation\u2019s readiness to share opportunities and pursue common development with the rest of the world.<\/p>\n

According to a communique released on Thursday, the session adopted the Recommendations of the CPC Central Committee for Formulating the 15th Five-Year Plan for Economic and Social Development, which provides a road map for the nation to pursue high-quality growth.<\/p>\n

Mark Logan, former member of Parliament of the United Kingdom, said that amid global uncertainties, one of the few certainties is that China\u2019s government and people will devote themselves fully to fulfilling the key principles of the 15th Five-Year Plan (2026-30).<\/p>\n

\u201cThese plenums have become essential indicators for the global economy, and the UK is watching closely to identify opportunities to work on our economic partnership over the coming years,\u201d he said.<\/p>\n

Emphasis on domestic consumption <\/h2>\n

With China\u2019s increased emphasis on domestic consumption and continued commitment to high-tech innovation, the UK is well positioned to contribute meaningfully to the world\u2019s second-largest economy, Logan said. \u201cOur strengths in services, advanced manufacturing and green technology align naturally with China\u2019s development priorities,\u201d he added.<\/p>\n

Through the Belt and Road Initiative and other global frameworks, China offers valuable development pathways for countries in the Global South, as well as for developed nations, Logan said.<\/p>\n

\u201cThose who want to position China as an enemy are, in fact, positioning the UK as an enemy to further modernization, when there\u2019s still much we can do bilaterally,\u201d he said.<\/p>\n

Shakeel Ahmad Ramay, chief executive officer of the Asian Institute of Eco-civilization Research and Development in Pakistan, said that by formulating a new five-year plan, China is continuing to deepen reforms and advance development, a move that will sustain its healthy economic growth and inject strong momentum into global economic recovery.<\/p>\n

Under its 14th Five-Year Plan (2021-25), China delivered a series of development achievements that captured global attention, Ramay said. From economic transformation and tech breakthroughs to green development, China has taken a leading role on the world stage, while significantly improving the well-being of its people, he said.<\/p>\n

\u201cThe 15th Five-Year Plan signals that China is entering a new stage of modernization, which prioritizes people\u2019s welfare and shared prosperity. It outlines efforts to reshape the country\u2019s economic and technological landscape, positioning China as a new hub of innovation and scientific progress,\u201d Ramay said.<\/p>\n

Modernized nation<\/h2>\n

The security mechanism will be upgraded to meet the needs of a modernized nation, while environmental protection and climate-resilient development have also been placed high on the agenda, he added.<\/p>\n

John Ross, former director of the UK\u2019s London Economics and Business Policy Bureau, said that China has entered a new stage of high-quality development, powered by technology and innovation. The country now stands at the global forefront in areas such as artificial intelligence, clean energy and digital technology, he said.<\/p>\n

\u201cDuring the 15th Five-Year Plan, China needs to cultivate high-quality engineering talent and invest heavily in scientific research, while advancing innovation and cementing its position in the global leadership of new quality productive forces,\u201d Ross said.<\/p>\n

\u201cFor developing nations, China serves as a compelling model of advanced development. Just a decade ago, its economy was expanding rapidly, but it had yet to emerge as a technological leader. Today, China is at the forefront of innovation globally, occupying the very position that countries in the Global South aspire to reach,\u201d he said.<\/p>\n

Ross highlighted the effectiveness of China\u2019s economic planning, noting that it offers a comprehensive vision for the nation\u2019s economic trajectory, in contrast with the short-term monetary and fiscal policies typical of Western approaches.<\/p>\n

For more visit\u00a0China Daily<\/a><\/p>\n

For subscriptions on news from China Daily, or inquiries, please contact China Daily Africa Ltd on +254 20 6920900 or write to enquiries@chinadailyafrica.com<\/p>","protected":false},"excerpt":{"rendered":"

BEIJING, China, Oct 27 \u2014 In a global landscape fraught with uncertainties, China\u2019s development commitment offers the international community stability and positive momentum, experts said. China\u2019s growth will create vast opportunities for the world, opening new avenues for cooperation in areas such as technology, sustainable development, the green economy and the digital economy, they said, […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-123741","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/123741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=123741"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/123741\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=123741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=123741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=123741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}