Economy

A developing China leads the world toward MDGs

(Xinhua)
Updated: 2010-09-22 14:43

CHINA PURSUES COMMON DEVELOPMENT WORLDWIDE

Yet as China ascends to the position of the second largest economy, the first time for any developing country, some scholars and officials have been misinterpreting China's growth.

A few ill-intended people among them deliberately blow China's strength out of proportion and cook up unreasonable doubt about China's status as a developing country.

Commenting on these misleading voices, UN economic affairs officer Hong Pingfan said that some parties hold viewpoints similar to the "China threat" theory and attempt to stymie China's development.

Some intend to press China to make more sacrifices in the game of interests of world economies and thus net more gains for their own, Hong added.

Beside them are a few developed countries that conspire to sow discord between China and other developing countries and divide the camp of developing nations, he said.

These misreadings, under various guises, are fabricated to impose absurd burdens upon China, like the so-called responsibility of a trade surplus economy, which would handicap China's development, Chinese experts told Xinhua.

However, in the globalized contemporary world, national development is tightly interwoven with global development. It is particularly true when it comes to China, the world's manufacturing plant.

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With China reducing 5 percent of its poor population, the whole world saw the poor decrease by 1 percent. With every Chinese producing an additional value of 1 dollar, the global wealth will increase by $1.3 billion.

History shows that China's development has significantly contributed to the global economy, and that only when China becomes stronger and more prosperous will it be able to bring more benefits to the world.

Meanwhile, Beijing has never shunned its proper international obligations. It feeds more than one fifth of the global population, provides aid to many other countries in need, and sends peace-keeping forces overseas to maintain world peace.

"A prosperous and growing China dedicated to peace and cooperation is willing and able to make new and even greater contribution to mankind's pursuit of peace and development," Chinese President Hu Jintao said at an April summit of BRIC nations, namely Brazil, Russia, India and China.

History bears evidence that peace and development serve the interests of China and the rest of the world. China needs the world for a peaceful environment and space for its own development, while the world needs the largest developing country to create development opportunities for other countries and promote global peace and prosperity.

The attempts to deprieve China of opportunities for further development by making a fuss about "China Threat" or lure China into taking responsibility beyond its capacity by heaping excessive compliment can only do great harm not only to China but to the rest of the world as well. A clear understanding of the common interest between China and the rest of the world helps to advance the world economy toward balanced development, shared benefits and win-win progress, thus contributing to world peace and development.