Why China has become a 'forward-looking nation'
The Mercury
|December 30, 2025
On Oct. 23, the fourth plenary session of the 20th Central Committee of the Communist Party of China (CPC) concluded successfully. The international community has closely monitored the session, recognizing the growing global significance of China's five-year planning framework.
Worldwide confidence remains high that China will continue to serve as both a stabilizing anchor and a growth engine for the global economy. Many anticipate new opportunities brought by Chinese modernization.
The CPC's practice of scientifically formulating and implementing five-year plans represents a cornerstone of its governance approach. These plans offer critical insight into China's modernization path for the international community.
"China is a country that always plans for the long term. It truly is a forward-looking nation," remarked former Italian Prime Minister Mario Monti, capturing the widespread admiration for China's governance wisdom, which combines medium-term planning with centurylong aspirations.
China's transformative development - a historic achievement reshaping human progress - stems significantly from its disciplined execution of five-year plans. These frameworks leverage the strengths of China's socialist system, enabling coordinated national implementation and policy continuity under a unified blueprint.
This story is from the December 30, 2025 edition of The Mercury.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Mercury
The Mercury
DA secures court victory to end sewage crisis
THE Democratic Alliance welcomes and celebrates the judgment handed down by the Pietermaritzburg High Court against the eThekwini Municipality for the ongoing sewage crisis.
1 min
December 19, 2025
The Mercury
Congress passes bill to cut Bolsonaro term
BRAZIL'S Senate this week passed a bill to slash the prison term of far-right ex-president Jair Bolsonaro, who was convicted of plotting a coup after losing reelection to left-winger Luiz Inacio Lula da Silva.
2 mins
December 19, 2025
The Mercury
CTIJF: Africa's Grandest Gathering returns to Cape Town next year
IT ALWAYS starts the same way: a date, a city, a familiar name, and then the realisation that something big is coming back.
2 mins
December 19, 2025
The Mercury
High Court ruling confirms legality of private firefighting services
THE Gauteng Division of the High Court has ruled private companies can lawfully provide firefighting services to clients.
2 mins
December 19, 2025
The Mercury
'Worst technology': Starc calls for Snicko to be 'sacked'
CONTROVERSIAL umpiring at the Ashes persisted even on Day 2 of the ongoing third Test at the Adelaide Oval as Australian pacer Mitchell Starc expressed his frustration and opined that the snicko technology 'needs to be sacked'.
1 mins
December 19, 2025
The Mercury
WHY THE FESTIVE SEASON LEAVES SO MANY OF US FEELING EXHAUSTED
AS SOMEONE who has experienced the highs and lows of the festive season, from joyful gatherings with friends to the quiet hum of financial stress awaiting January, I know firsthand how overwhelming this time of year can be.
3 mins
December 19, 2025
The Mercury
SIU freezes R2.7m from divorce settlement amid grant funding probe
THE Special Investigating Unit (SIU) has obtained a preservation order from the Special Tribunal to freeze R2.7 million linked to alleged abuse of National Lotteries Commission (NLC) grant funding, as part of its ongoing fight against fraud and corruption.
2 mins
December 19, 2025
The Mercury
FSCA updates on licensing and supervision of crypto service providers
THE Financial Sector Conduct Authority (FSCA) says it has been actively processing applications and monitoring compliance to ensure that the crypto asset sector operates within the boundaries of South African financial regulation.
2 mins
December 19, 2025
The Mercury
I'm A Fireball to set course alight
I'M A FIREBALL makes a long awaited return with Mike and Mathew de Kock's charge being off the course since contesting the Gr2 Golden Horseshoe back in July.
4 mins
December 19, 2025
The Mercury
Cryptocurrency in 2025: the year in review - Luno
AS 2025 draws to a close, the cryptocurrency industry can look back on a year that fundamentally redefined its relationship with traditional finance.
4 mins
December 19, 2025
Listen
Translate
Change font size

