The past 40-plus years of reform and opening up have earned China global respect in terms of economic development. The country has adopted its own development model through accumulated experience and has not tried to follow any one path of any other nation.
In other words, China’s experience is unique to China. Likewise, it supports each nation following its own traditions in evolving its own systems—both in economic and governmental terms.
China has made enormous strides in economic development, poverty alleviation, the promotion of ecological progress in the fight against climate change, as well as the sharing of its developmental approach with other developing countries participating in the Belt and Road Initiative. The initiative, first proposed