ZURITA, ALFONSO
Since the end of the 20th Century, due to its great size, power and evermore growing omnipresence in global affairs, China´s integration into and subsequent role in the international system has been a major focal point. Whereas pre-21st Century debates on China revolved around a containment-engagement duel, during the first decades of the 21st Century, China has already positioned itself as the world´s economic number one and it is forecasted that during the present century it will create a whole new world order.
President XI Jinping´s China Dream, aims to transform the country through a widespread reform program. China´s long-term commitment to structural change has the main economic objective to transition its economy from an investment and export-led economy to a consumption-led economy.
The secrets behind China´s economic success are here revealed, as well as the unique qualities and individual traits of its economic model. China´s international economic rise, presence and expansion, is also projecting very different, varied and diverse images and perspectives vis-a-vis the world. Its quick ascendance is causing not only economic, but other political, social, cultural and ethnic effects as well, both in the West and in the East. Those effects will consequently and without a doubt, affect, alter and have very serious implications and repercussions for the overall 21st Century world order equilibrium.
This newly revised and updated edition, includes the main tenets of China´s 13th Economic and Social Development Five-year Plan 2016-2020, which basically comprises President Xi Jinping´s `China Dream´ and its `60-Point Plan´ and includes it for the first time into one single framework. The 13th Economic and Social Development Five-year Plan 2016-2020, contains the most important principles underpinning the policies for China´s future continued development.
They are all to work in tandem to achieve the creation of ´a moderately prosperous societyö. Likewise and one of the most transcendental ratified proposals, is the independent role which has been given to the Yuan-Renmimbi, which has already been declared by the International Monetary Fund as the fifth international reserve currency. It is predicted, that during the 21st Century, the Yuan-renmimbi will gradually become the international reserve currency number one.
