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China's development brings global benefits | Updated: 2013-01-31 22:51

International relations are complex, involving more than economic relationships. However, the interaction between the world's economic structure and the global political landscape is clear. The world is constantly altering and changes in one part will affect the situation as a whole, according to an article in People's Daily.

Here are excerpts:

The German newspaper Die Welt recently published an article, saying that 2013 will be a turning point where the developed world will, for the first time, account for less than 50 percent of total global economic output. A research report released earlier by the International Monetary Fund made similar predictions.

China's role in reaching such a turning point is self-evident.

According to research results from the Conference Board, China's contribution to world economic growth in 2012 was two times that of the combined contribution of all developed countries that year. China has replaced developed countries as the major powerhouse of world economic growth.

HSBC's latest report says a significant change for the world economy in 2012 was that many developing countries had been gaining development momentum from exports to China, and they benefited more than developed countries from China's development.

China is not only the bellwether for the economic growth of developing countries — helping raise their international standing — but is promoting international trade and reform of the financial system.

The world is entering an era of sharing China's development dividend. It should be emphasized that these achievements have been made mainly by relying on peaceful development, cooperative development and win-win development.

These achievements are not only remarkable in the economic field, but also have profound political significance. The path to modernization is varied, and in the new era humans have the ability to break away from the obsolete historical logic of "great-power conflict".

The situation in East Asia is a microcosm of China's positive interaction with the outside world in the process of development. Countries in the region, especially the Association of Southeast Asian Nations with good development momentum, benefit not only from favorable domestic factors, but also from regional economic integration. The importance of the China factor is growing and its role as a "ballast" is widely recognized.

China's development has brought tangible benefits to the world. Distracting the nation's development will ruin the common global development environment.

A great power like China needs a solid material foundation while pursuing the road to peaceful development. Without such a foundation, it is difficult for China to release positive energy to the world.

China's strategic intention is very clear and simple —to improve the livelihoods of Chinese people, as well as those of others .

Only a just cause can enjoy widespread support. China's confidence comes from its adherence to peaceful development and pursuit of win-win cooperation. Time will tell.

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