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How will China accomplish another golden decade?

(People's Daily Online)

08:06, March 06, 2013

The opening of the annual “two sessions” of China’s top legislature and political advisory body marks the beginning of a new decade. China has made remarkable achievements over the past 30 odd years since the introduction of the reform and opening-up, and witnessed a golden decade of development. Will it accomplish another golden decade?

Blueprints, dreams, determination, confidence, consensus, and efforts are essential, but capability is more important than those. However, current members of the Communist Party of China are not capable enough of dealing with the new situation, new problems, and new tasks.

The economic history of the modern world shows that many countries can maintain stable economic growth for 10 to 20 years, a small number of countries can maintain it for 30 years, and few countries can maintain it for 40 years. How will China maintain stable economic growth for the fourth straight decade?

China missed the first and second industrial revolutions, and was beaten hard due to lack of capability. Fortunately, the sleeping lion was awake when the third industrial revolution began. It launched the reform and opening-up, and became the world’s largest emerging economy in just a few decades. As a new round of industrial revolution is approaching, will China be capable of rapidly transforming its economic growth model and developing in a scientific way?

China has never been so close to realizing the great rejuvenation of the Chinese nation. Facing unprecedented opportunities and challenges, how will China grasp the opportunities, overcome the challenges, and achieve its dream in the new decade?

Party members are becoming less capable of handling new situations and tasks.

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