From its groundbreaking reforms in 1978 to today, China's economic journey has reshaped global dynamics, says Gloria Macapagal Arroyo, former Philippines leader. In a recent commentary, she reflects on how the nation transformed from a post-reform experiment to a key player in global development—not as a competitor, but as a catalyst for progress.
From 'Dragon Economy' to Development Ally 🐉
Arroyo, who first visited China in 1977, recalls early fears that its rise might overshadow neighboring economies. 'Instead, China became a partner—offering markets, capital, and tech,' she says. The shift? A focus on long-term vision, infrastructure, and cutting-edge innovation.
Four Keys to China’s Success 🔑
Arroyo highlights:
Vision: Decades-long strategic planning.
Execution: Relentless policy implementation.
Infrastructure: Building foundations for growth.
Tech Drive: Prioritizing R&D and self-reliance.
Xi’s Call for a 'New Era' of Collaboration 📈
Quoting President Xi Jinping’s APEC speech, Arroyo emphasizes the need for nations to embrace digital transformation and shared innovation. 'With global challenges like climate change and AI disruption, partnerships matter more than ever,' she adds—especially for the Philippines, where China remains a critical economic ally.
