Insights | Chinese path to modernization serves as model for development of many countries(1/2)

The Chinese path to modernization is vital to regional and global economic development. China provides momentum to global economic growth, and serves as a model for the development of many countries, especially those in Asia, Africa, and Latin America.

Over the past 10 years, the Belt and Road Initiative (BRI) has achieved great successes and become an important driving force for economic development. The BRI has also promoted regional development and globalization. Its basic concepts, such as multilateralism, infrastructure construction, environmental protection and digital economy, have been widely recognized around the world.