China's Communist Party Congress Nicolas Asfouri/Getty Images

Modernity with Chinese Characteristics

In a world comprising a diverse array of countries, each with its own complex, dynamic, and evolving system, there can be no one-size-fits-all development path. With Xi Jinping's speech at the Chinese Communist Party’s 19th National Congress, China's path has now been mapped, with the understanding that the map can and will be revised as needed.

HONG KONG – At the start of the 19th National Congress of the Chinese Communist Party (CCP) this month, President Xi Jinping unveiled his “two-stage development plan” to turn China into a “modern socialist state” by 2035. Since then, commentators have furiously debated the theme of “China rising” and Xi’s concentration of power in his own hands. They are missing the point.

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