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Venezuelan observers say China sets model for developing countries

Updated: Oct 17,2017 9:15 AM     Xinhua

CARACAS — China’s recent economic, political and social progress has made it a model for developing countries, said Venezuelan academics and politicians.

“With its sound policy, and strong and steely political will ... (China) presents a model to follow for developing countries,” said Luis Delgado, academic director of Venezuela’s Center for Higher Studies in Development and Emerging Economies.

China has made significant advances since the founding of the Communist Party of China (CPC) in 1921, Delgado said, describing the CPC as a “cutting-edge organization” that in a way “divides China’s history into two” as it has been leading “the building of a modern China” since 1949.

Roy Daza, an expert in international affairs with the ruling United Socialist Party of Venezuela, said the CPC is “a manifestation that solidarity, cooperation, and economic and cultural integration are possible.”

Both experts highlighted China’s capacity to speed up the modernization of industry and development of homegrown technology, saying those achievements in particular serve as inspirations to countries with struggling economies.

They agreed that modern China has made significant contributions to global stability by “leading the global poverty level to be much lower” than before.

Meanwhile, the Asian giant is playing an ever larger role on the international stage and is “increasingly taking part in global discussions and debates,” noted Delgado.

As regards the upcoming 19th National Congress of the CPC, which will open on Oct 18 in Beijing, Delgado said, “We expect China is going to continue to deepen its reforms.”

Looking to the future, both experts spotlighted the China-proposed Belt and Road Initiative, which aims at building a trade and infrastructure network connecting Asia with Europe and Africa along and beyond the ancient Silk Road trade routes.

“Unlike other proposals made by the superpowers, the initiative is a proposal that entails a win-win logic,” said Delgado, adding that beyond benefiting itself as a major nation, China is committed to promoting comprehensive regional development.

“If there is one thing we should copy from the Chinese, it is ... to have your own capacity, rely on your own efforts and your own resources, and have enough creativity to embark on your own path in each revolutionary process,” said Daza.

The Belt and Road refer to the Silk Road Economic Belt and the 21st Century Maritime Silk Road.