China set to further boost global growth

The theory of international relations tells us that development helps reduce conflicts among states, mitigate domestic ethnic differences and eliminate the threats extremists and terrorists pose to society. The concept of "development" in world politics does not only indicate economic growth, rising employment and income augmentation, but also includes social justice, equality, and democracy and legality of governance.

In the 21st century, the emphasis of development is more on the harmony and mutual support between human beings and nature, and between the economic and natural environment. The United Nations' advocacy of "sustainable development" has made environmental and ecological protection a primary goal of economic development.

In addition, the concept of development now incorporates fields such as rationalization of demographic structure, enhancement of universal education level, new ways of resource conservation and environmental protection, and industrial policies aimed at promoting scientific and technological innovation. Sustainable development has increasingly become the endogenous driving force behind a new round of globalization, and the path toward national and regional prosperity and stability.