Beijing (CNS) -- China has built a sufficient material foundation and fostered a unique mode of development, and therefore should be courageous enough to demand reform of the current international economic order, according to research results released Thursday by the Development Research Center of the State Council, an official Chinese think tank.
According to "Strategic Opportunities for China in the wake of Global Crisis," one of the books released, every significant global or regional crisis might lead to a reshuffle of state powers and international regimes around the world. The decisive factor of a state's global influence is based on comprehensive national strength; only on this will a state be likely to raise its discourse in the rearrangement of world politics and economics. With ever growing state hard power, it is high time that China seized the historic opportunity and occupied an advantageous position in the upcoming phase.
In global governance, national interests are always at the core of concerns. China's national interests are not limited to within its own borders, but extend to overseas societies and markets as well. Meanwhile, active participation in the global sphere must be accompanied by equal attention to its rights and responsibilities.
Furthermore, no matter how much China's say in the IMF and the World Bank increases, developed Western countries will remain in the leading position, the publication pointed out.
China should also support the G20, pushing it towards an institutionalized primary global economic governing body by establishing a secretariat for newly-emerged economies and setting up rules of debate and decision-making procedures.
The book also advised China to establish middle- to long-term planning of its international agenda and offer its own resolutions.