laitimes

China's answer to the "Question of the Century" -- Overseas Hot Comment on Humanistic Economics in the New Era

author:Xinhua

Xinhua News Agency, Beijing, Jan. 10 (Xinhua) -- China's answer to the "Question of the Century" -- Overseas Criticism of Humanistic Economics in the New Era

Xinhua News Agency reporter

In December last year, Xinhua News Agency's national high-end think tank released a think tank report "Humanistic Economics in the New Era". The report shows the world a new paradigm of development that China is practicing in the new era and new journey - humanistic economics in the new era, that is, to cultivate a humanistic background in the path of modernization and move towards high-quality development in the benign interaction between humanities and economy. This new paradigm of development is the practical application of Xi Jinping's economic thought and Xi's cultural thought, and is a key to understanding Chinese modernization.

The report has attracted wide attention from overseas media and political, business and academic circles in many countries. They believe that the humanistic economics advocated by President Xi Jinping is a brand-new economic development theory that is different from the West found by China from tradition and reality, placing the material and spiritual well-being of the people at the center of its development strategy, and providing Chinese answers to the "questions of the century" such as "how to achieve modernization" and "what kind of modernization to achieve" for the world, especially developing countries.

China's answer to the "Question of the Century" -- Overseas Hot Comment on Humanistic Economics in the New Era

Tourists watch the Song Yun Flower Festival cruise at the Xixi Wetland in Hangzhou (photo taken on April 2, 2023). Photo by Xinhua News Agency reporter Weng Xinyang

Economics with people-centered development ideas

Humanistic economics in the new era highlights the purpose of people-centered development, is an economics that always adheres to the idea of people-centered development, takes the realization of people's yearning for a better life as the starting point of development, and answers the important propositions of who development is for, who development depends on, and who shares the fruits of development from the perspective of "people", highlighting the humanistic value orientation of development.

The media of many countries and the interviewed overseas experts and scholars believe that the humanistic economics in the new era promotes the humanistic return of economics, which is a theoretical innovation in the integration and interaction of culture and economy.

Schultz, a researcher at the Center for Chinese Studies at the National University of La Plata in Argentina, said that humanistic economics in the new era is a vision that advocates putting people at the center of strategy. He said that humanistic economics in the new era recognizes that economic or political planning must focus on the pursuit of people's material and spiritual well-being and achieve common prosperity.

Culture and economy are like the two wheels of the development of human society, the economy lays the material foundation for development, and culture provides the driving force and value orientation for development. Venezuela-based Southern TV said in a report that China's position on humanistic economics in the new era is to emphasize the symbiotic relationship between humanity and economy in the process of high-quality development.

Pletcher, an expert on Chinese studies in Croatia, stressed that for any society, economic development and social progress must be related to culture, and cultural development can give rich economic connotations.

China's answer to the "Question of the Century" -- Overseas Hot Comment on Humanistic Economics in the New Era

Passengers watch a Kunqu Opera performance at the Yangcheng Lake Service Area on the Suzhou section of the Shanghai-Nanjing Expressway (photo taken on October 8, 2020). Photo by Xinhua News Agency reporter Li Bo

A development path suitable for its own national conditions

Under the guidance of Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, China's humanistic economics in the new era is the crystallization of wisdom that combines the basic tenets of Marxism with China's specific reality and China's excellent traditional culture, providing a solid civilization logic for promoting Chinese-style modernization.

Ostlo, a researcher at the Center for Asian Studies at Peru's National University of San Marcos, said that the salient feature of humanistic economics in the new era is that it integrates the basic tenets of Marxism with China's specific reality and with China's excellent traditional culture, and is in line with Chinese-style modernization. Bennett, vice chairman of the British 48 Group Club, said that socialist economics is, in the final analysis, based on people, and China proposes humanistic economics in the new era to restore "people" to the center stage of scientific socialism.

Many experts pointed out that humanistic economics in the new era is rooted in the traditional culture of the Chinese nation, based on China's own national conditions, and has important value of the times.

Zyuganov, chairman of the Central Committee of the Communist Party of Russia, said that China has explored a broad road suited to its own national conditions. He said that Chinese-style modernization has its own characteristics, such as paying attention to personnel training and being good at formulating development plans for the next few decades.

Syrian political analyst Ihsan said that China has combined local cultural traditions and modern innovation to explore a development path suited to its own national conditions, emphasizing the importance of developing countries respecting and carrying forward their own cultural traditions in the process of realizing national modernization.

China's answer to the "Question of the Century" -- Overseas Hot Comment on Humanistic Economics in the New Era

Models showcase local Chinese brands at the main runway of the 3rd CICGF Fashion Week in Haikou, Hainan Province, April 15, 2023. Photo by Xinhua News Agency reporter Yang Guanyu

The "China Solution" to Solve the Global Deficit

Uyanayev, deputy director of the Institute of China and Modern Asia Studies of the Russian Academy of Sciences, said that what kind of modernization path to take is a "question of the century" for developing countries, including China, and that the "Chinese answer sheet" is of reference significance to the world.

At present, the instability and uncertainty of the international situation have increased significantly. In the face of the global development deficit, humanistic economics in the new era uses China's experience to promote the "return of humanity" in economics, break the "humanistic paradox" of economic growth, add "humanistic resilience" to the world economy, inherit and carry forward the "humanistic gene" in traditional culture, enhance the "humanistic consensus" of a community with a shared future for mankind, create a new form of human civilization, and provide a convincing Chinese solution to the modernization problems of the contemporary world.

In West Africa, many people still struggle with extreme poverty. Agana, editor-in-chief of Ghana News Network, said that humanistic economics in the new era is expected to create a "world model" for promoting human development and improving social well-being, which can be used as a reference for African countries to learn from and Xi guide African people to get out of the quagmire of political turmoil and lagging development as soon as possible.

Boric, Director of the Belt and Road Initiative Promotion and Development Center of Bosnia and Herzegovina, said that humanistic economics in the new era not only provides a theoretical framework, but also provides practical reference for further exploration of development paths. Farat Abdullah, a professor at the Business School of Khlewan University in Egypt, said that China's humanistic economics in the new era proves that integrating different social groups into the process of economic growth is the key to success.

Lourenço, a professor of international relations at the Pontifical Catholic University of Javiliana in Colombia, told reporters that the new era of humanistic economics emphasizes strengthening international cooperation and strengthening cooperation based on the common values and mutual understanding of all mankind, which is an important step towards a more harmonious community with a shared future for mankind.

Read on