Xiconomics: How China's development drives 'growbalization'

Development for all

Nauman is just one of many who have enjoyed career opportunities from China-proposed initiatives aimed at leveraging its own development to promote the common development of the world.

"The Belt and Road Initiative addresses the crux of the problem of developing countries: effective infrastructure, from rail and ports to power and communications," said Robert Lawrence Kuhn, chairman of the Kuhn Foundation, in a recent interview with Xinhua.

"China has, by far, the most experience in designing and building infrastructure in recent decades and its commitment to work with the developing world is a major step in redressing deep global imbalances," Kuhn said.

By assisting countries to get on its "express train," China is seeking win-win outcomes. Now it serves as a growth globalizer that is well positioned to further boost economic globalization for common prosperity.

Different from what Western countries have done in the past century, China's growbalization drive is based on its openness and sustained readiness to share development opportunities with the rest of the world. So far, the BRI has become the world's broadest and largest platform for international cooperation.

China respects the integrity of nations, upholds the principle of non-interference in the internal affairs of other nations, and "respects the equality of all nations, small or large, developing or developed," Kuhn said.

The call to advance development for all is in line with China's domestic endeavor for common prosperity, which has successfully lifted more than 770 million people out of poverty, a miraculous achievement in human history.

Behind this cause is the country's people-centered principle. Putting people first, the Chinese government has accurately identified the causes of poverty and mobilized vast resources to address them.

Now with global inequality on the rise and COVID-19 exposing social ruptures, the same principle is being increasingly prioritized in China's growbalization drive.

"No matter what difficulties may come our way, we must adhere to a people-centered philosophy of development, place development and livelihoods front and center in global macro-policies," Xi said in his speech on Monday.