The fundamental reason for the sustained development of China's economy lies in the Chinese government's ability to deal with crises and the governing ability of the Communist Party of China (CPC), a South Korean expert on China has said.

 

"In the process of responding to the COVID-19 crisis, the Chinese government's crisis response capabilities and the CPC's ability to govern make me feel that the fundamental reason for the sustained development of the Chinese economy in the past should lie here," Han Woo-deuk, chief executive officer (CEO) of CHINA LAB, told Xinhua in a recent interview.

 

CHINA LAB is an online provider of contents on China. It was launched in 2016, co-invested by local daily newspaper Joonang Ilbo and the top online portal Naver.

 

"Under the leadership of the CPC, China's economic, political and social development has achieved remarkable results. Among them, we can find the most objective statistical data as evidence from the economic field," Han said.

 

Surprised by China's high-speed rail construction, he said that China's first high-speed rail was opened in 2008, and now it has become the country with the longest mileage of high-speed rail operations in the world.

 

"It shows us how quickly China has developed under the leadership of the CPC over the years," the senior media expert added.

 

Han also described the combination of socialism with the market economy as "unique" in the history of the world, which has been attracting attention from the world.

 

As China's economic development has achieved great results in the past period of time, the self-confidence of the Chinese people has been significantly improved, which is also the biggest change in them, he said.

 

The Chinese people became convinced that "now our destiny should be determined by ourselves, and our future should also be created by ourselves," Han said.

 

The CPC has contributed immensely to the increase in its people's self-confidence, he added.

 

Speaking highly of the Chinese Communists around him, the expert said "they are sincere and have a strong sense of responsibility."

 

"I think Communist Party members generally have a stronger sense of responsibility. Their ability to observe the problem as a whole is outstanding," he said.

 

As neighbors, South Korea and China have close ties in many aspects, such as economy and politics, Han said, expressing his hope that the Chinese dream "can become a concept that promotes the harmonious co-existence and common development of China and neighboring countries."