Reference News Network, October 27 report - The U.S. cable news network website published an article titled "In the Competition with the United States, China Sees an Advantage: A War of Attrition" on October 24. The author is Simone McCarthy. The full text is as follows:
The Chinese leadership has just concluded a closed-door meeting, which proposed recommendations for formulating the country's next five-year economic blueprint - a comprehensive plan covering everything from accelerating technological innovation to optimizing China's agricultural production.
Formulating this plan gives China an opportunity to demonstrate the source of its confidence in the country's rise, that is, the country's ability to formulate and implement a far-reaching vision.
Chinese officials and state media have recently openly praised what they consider this competitive advantage.
On the 24th press conference, Jiang Jinquan, director of the Central Committee's Research Office, said, "Scientifically formulating and continuing to implement the Five-Year Plan... is an important political advantage of socialism with Chinese characteristics. Many foreign parties are envious of us." He also said that the 15th Five-Year Plan is "a need to gain strategic initiative in intense international competition."
A commentary article published in the People's Daily on the 23rd praised it, saying, "While some countries are still struggling with policy myopia and changing policies under a multi-party system, China maintains a national chessboard... always steadily moving forward along the correct direction."
Analysts have long noticed the ability of the Chinese model to achieve long-term goals.
China has lifted hundreds of millions of people out of poverty, becoming the world's second-largest economy and a global growth engine. Recently, it has also become a technological power and a leader in global green transformation.
As the United States adjusted its domestic and foreign policies under Trump, Beijing has also promoted its own plans to prove that China, not the United States, is the responsible global leader.
Once determined, the Five-Year Plan becomes the action guidelines for Chinese government agencies, and also serves as a guide for companies, universities, and other organizations to align their strategies with the national strategy.
For Chinese leaders who are determined not to let China's rise be hindered by Western export controls and trade barriers, the ability to set a vision and achieve it by the deadline highlights their confidence that the Chinese model will ultimately prevail. (Translated by Lin Zhaohui)
The West Island Bank of China Financial Center project at Disha Lake in the Lingang New Area of Pudong New District, Shanghai (photographed on August 14, 2024, drone photo). (Xinhua)
Original: https://www.toutiao.com/article/7565810986301604395/
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