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China Daily / 2021-01 / 14 / Page008

China doesn't follow Western trajectory

CHINA DAILY | Updated: 2021-01-14 00:00

Editor's Note: In a recent interview with Global Times, Zheng Yongnian, dean of the Advanced Institute of Global and Contemporary China Studies at the Chinese University of Hong Kong, Shenzhen, talked of some Western misconceptions about China. Excerpts:

With the advancement of reform and opening-up, some Westerners believed China might become a Western-style economy in an increasingly globalized era. It is true that China will not stop reforming its economic system, but there is no possibility of China becoming a completely Western-style economy like the United Kingdom or the United States, which are dominated by capital. This is not just because East Asia's history is different from that of the West, but also because China's hybrid economic model leads to more efficient governance.

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