Great legacy of first three decades

The 60th anniversary of the founding of the People's Republic of China (PRC) is really worthy of a crashing celebration. As for the academic community, it is of great significance to sum up the experience of the past six decades and discuss the real causes of "China Miracle". Scholars have been involved in disputes on whether the "China Model" has emerged since its reform and opening up. Some argue that there is such a model with Chinese style labor-intensive development strategy, "crossing the river by feeling the stones (Deng Xiaoping)" or "step-by-step reform". Meanwhile some believe China has not established a special model but only followed the "Washington Consensus".

Irrespective of "step-by-step reform" or "Washington Consensus", China is not the single country engaging in market economy and opening up, but it is indeed the only one that has kept a rapid growth rate in several consecutive decades. In fact, the legacy of the first 30 years after the founding of the PRC has contributed a lot to the current "China Miracle".

Some of the legacies are familiar to us, for example, the science and technology system of self-dependence and independent innovation, a complete national economic system, a unified domestic market, hard-earned international status and national security. Besides these well-known legacies, we should not ignore that the first three decades after the PRC was founded laid the groundwork for China's human resources reserve.