China's proven strategies can help the world

Chinese wisdom has the potential to go beyond guiding the country's own development path and also inject fresh impetus into global governance, domestic and foreign experts said at an international symposium on Thursday.

With China approaching the "center of the global arena", the most important lesson it has for the world lies in its success in poverty alleviation, said Cai Fang, vice-president of the Chinese Academy of Social Sciences, in an address to an international think tank symposium on the 19th National Congress of the Communist Party of China.

Having managed to lift more than 700 million out of poverty in nearly four decades, China has contributed to 76 percent of the globe's poverty reduction during that time, Cai said.