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CCTV: 40 years of reform and opening up brings great changes to China and world


This year marks the first year of fully implementing the spirit of the 19th CPC National Congress and a crucial year for securing a decisive victory in building a moderately prosperous society in all respects as well as embarking on the implementation of the 13th Five-Year Plan.

CCTV-4 "China News" program opens up a special report on "China`s New Era" . Wang Wen, executive dean of Chongyang Institute for Financial Studies at Renmin University of China, was invited to talk with the CCTV anchor Zhou Yingfeng on the achievements of the 40th anniversary of reform and opening up on March 19.

Wang Wen outlined the 40-year achievements with four key words that have the same pronunciation "xing" in Chinese. The first is the “rejuvenation”. He pointed out that in the past 40 years, China has achieved the greatest national revitalization.

The second is the “confidence”. China has recovered its development confidence since reform and opening up, and we believed that Chinese people are as good as the ones in western countries.

The third is the “awakening”. China has been awakening on its developing path, theories, cultures, and ideology. We recognized that China can take its own path in the development.

The last one is the “fortunate”. China is very fortunate to secure the strategic opportunities of the past 40 years and avoid the financial crisis and wars in the world, which has enabled us to achieve remarkable progresses during the 40 years of reform and opening up.

Wang said that the 40 years of reform and opening up have brought about tremendous opportunities for the change of our destiny. Every one has more opportunity to make progress because of the era featuring the development. Moreover, without reform and opening up, there will be no 20 million private enterprises such as the Alibaba and today.

Wang summed up our experiences in the past 40 years. First of all, we are increasingly determined that we should take our own road, which represents the stability and consistency of our strategy. The second is to insist on reforms.China’s 40-year achievements have been closely related to our unswerving approach to reform. Third, we persist in opening up. We have experienced the following stages during the past 40 years: Before 1978, we were the outsiders of the international community. Since the reform and opening up in 1978, we has become the "insider". In 2001, we could be called the “learner” and kept learning about international rules, laws to improve ourselves. Therefore, due to the 2016 G20 Hangzhou Summit, the 2017 “Belt and Road”Forum for International Cooperation and the Xiamen BRICS Conference were successfully held, China is regarded as the “leader” by other countries in the world.

Wang stressed that from the global development history for more than 500 years, it can be found that if a country`s rise captures the strategic opportunity of the technological revolution, it will bring new achievements to the world. The rise of China for 40 years captured the opportunity of digital revolution. In fact, digital China has brought the advanced concepts and achievements to the world such as the huge market,vitality and confidence on the stability of the world.

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Key Words: China   reform   opening   Wang Wen  

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