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China's high-quality development carries significant implications for world: global observers

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China's high-quality development carries significant implications for world: global observers

2026-03-12 00:07 Last Updated At:06:27

International observers have highlighted the positive signals emerging from China's ongoing "two sessions," noting that the country's push for a strong start to the 15th Five-Year Plan (2026-2030) period demonstrates the robust momentum of its high-quality development and continues to inject confidence into the global economy.

Experts and officials from around the world pointed to China's development experience as a valuable reference for Global South nations, offering alternative pathways for achieving modernization and sustainable development.

"President Xi stated that [Chinese] modernization is modernization that leads to common prosperity for all. This model injects confidence into the Global South nations, including Nigeria. It demonstrates that there is more than one path leading to modernization. The 'common prosperity' emphasized in the Chinese path provides a Chinese solution to the world's escalating problems of wealth gaps and distributive injustice. This is not only China's achievement, but also a new form of human advancement," said Sen Abubakar Sani Bello, chairman of Nigeria's Senate Committee on Foreign Affairs.

In Singapore, a prominent economist echoed this sentiment, highlighting the institutional strengths underpinning China's development trajectory.

"The [CPC's] centralized leadership has provided strong state capacity and long-term policy continuity, enabling large-scale infrastructure development, industrial upgrading, coordinated green and technological strategies, and historically significant poverty reduction. Globally, this presents an alternative modernization narrative and this offers a different pathway from the traditional Western models, and this is very relevant, particularly for developing countries in the Global South," said Tan Kong Yam, Emeritus Professor of Economics at the School of Social Sciences of Nanyang Technological University of Singapore.

Stephan Ossenkopp, a senior expert at German-based think tank Schiller Institute underlined the global significance of China's policy direction, particularly its emphasis on technological cooperation and shared development.

"I think the two sessions have created a comprehensive vision for the future of not only China, but for mankind. So the recent 25 years, under the guidance of the Five-Year Plans, have created an immense leadership role of China in technology and that's very significant because China is a country that is connected to the world via the Belt and Road Initiative and via many multilateral organizations. So they are more likely and they intend to share technologies with their partners," he said.

"So these initiatives of President Xi are very important, very central. If sovereign nations treat each other with respect and have the security and development interest of the other also in mind, then I think the future can be a peaceful future," said Ossenkopp.

China's high-quality development carries significant implications for world: global observers

China's high-quality development carries significant implications for world: global observers

The Iranian government on Wednesday released footage it says was of missile debris from the deadly school attack in Minab, Iran's southern province of Hormozgan, on Feb 28, providing fresh evidence that the United States military was behind the attack.

The video obtained by China Media Group (CMG) from the Iranian government shows that some of the fragments said to be from the missile are marked with detailed information, including the place of origin, manufacturer and serial number of the parts. Markings such as "Made in USA" and "Raytheon Company" can be clearly seen on the debris.

The United States has repeatedly denied carrying out the attack on the elementary school in Minab, where Iranian state media says at least 165 people were killed, most of them young girls.

Iran's Foreign Ministry spokesman Esmaeil Baghaei reiterated in an exclusive interview with CMG on Tuesday that the school was hit by missiles twice on Feb 28, with the second attack coming as rescuers gathered at the site, resulting in a large number of casualties.

Baghaei said the United States and Israel must be held responsible for such criminal acts.

The New York Times reported Wednesday that an ongoing military investigation has preliminarily determined that the deadly school attack was the result of a targeting error.

Officials briefed on the investigation told the newspaper that officers at the U.S. Central Command generated the strike coordinates using outdated intelligence provided by the Defense Intelligence Agency, leading to the targeting mistake.

The findings are preliminary, and key questions remain unresolved, including why the outdated information was not double-checked, officials quoted by the newspaper said.

Iran says new evidence proves U.S. behind deadly school attack

Iran says new evidence proves U.S. behind deadly school attack

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