Major events can promote global prosperity

Improving world governance

Experts said China's participation in the reform and strengthening of the global governance system and its commitment to genuine multilateralism — as manifested by the fresh initiatives and road maps for coordinated global efforts — are helping to advance global governance and making it more fair, just and reasonable.

"The established global governance model is currently challenged and seems unsustainable, and a new global governance model needs to be explored in a coordinated approach," said Liu Xianzhong, a member of the 14th CPPCC National Committee and director of the Department of Russian History and Culture at the Institute of Russian, East European and Central Asian Studies with the Chinese Academy of Social Sciences.

"Countries should resort to reconciliation and resolve global governance issues in the spirit of building a community with a shared future. Only when the world is a success can China be successful. A better China also contributes to a better world."

Liu said China's economy is deeply integrated with the global economy, having a high degree of interconnectivity and interdependence in industries with many countries around the world.

"China's unswerving pursuit of a mutually beneficial, win-win opening-up strategy will enable the country to benefit from driving forces worldwide for its development, and the pursuit also allows China's development to better benefit the world," he said.

In the field of politics and security, Liu stressed that countries should not engage in cliques and group confrontation, and they should mobilize global resources to address global challenges and promote greater global development.

"The success of one country does not necessarily mean the failure of another. Flexing military muscle frequently is a hegemonic approach that can only lift stones and hit one's own feet," he said. "No country can seek its own absolute security on its own. No country can achieve its own security without the security of the world."

Yang, from the Renmin University of China, noted that the Chinese path to modernization, "bearing the genes of Chinese civilization, has brought new values and elements to the new international order".

He noted that the socialist system with Chinese characteristics has learned from some of the successful economic management experiences of developed countries, and it has stood out in globalization.

"The Chinese experience provides a Chinese solution and Chinese inspiration for developing countries that want to develop while maintaining their independence," he said.