There has been much discussion about the “China Model” and to what extent it can be replicated. China’s success rests on three relationships: domestic and international, economic and governmental, and central and local. Implementing domestic reforms and opening up internationally created the conditions where adapting to international standards facilitated foreign direct investment and the exchange of ideas, which fostered further domestic reform. At the same time, economic and governance reforms were handled delicately, with particular attention paid to the pace of each process in order to maintain internal stability.
Also, a careful management of the evolving relationship between the central government and local governments was put in place. Adaptive learning during the policy making process has been critical throughout. Future challenges include: unfinished economic reforms, central government/civil society relations, environmental sustainability, and emerging global expectations.
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