The Chinese Communist Party Central Party School’s magazine, Study Times, recently published an article discussing how to enhance the power of China’s global influence. The article set a two-step goal for the Chinese economy: to catch up with the United States in the total volume of its economy within fifty years and to surpass the U. S. in per-person average GDP in another fifty years. To achieve these goals, the author offered a four-point strategy: 1) To push the construction of a green economy, which will solve the issue of resource constraint and achieve sustainability; 2) To push the reform of China’s income structure to achieve more fairness in the distribution of wealth; 3) To push innovation-driven growth to take advantage of a wiser population; 4) To construct a strong financial system, aimed at the U.S. dollar, the U.S. central bank, and the highly efficient U.S. financial market. The author concluded the article by calling for a stronger leadership of the Communist Party to lead the nation to the new global high ground.
Source: Study Times, January 13, 2014