GENEVA, June 9 (Xinhua) -- The state role in enabling economic growth and increasing social benefits is among what the world can learn from China, Paolo Yu, South Center's head of administration and coordinator of the Global Governance for Development Program, told Xinhua in a recent interview.
Speaking at the Geneva-based office of the intergovernmental organization, Yu noted that while experiencing domestic changes in a complex geopolitical context, China's efforts and achievements have long been underpinned by a solid stability at home.
This is particularly relevant to developing and least-developed countries where the public sector is often the major employer and the principal source of income for people.
"In a developing country, the role of the state is extremely important in shaping economic forces and the distribution of social wealth, as well as in ensuring a proper role to be played by the private sector in economic growth," Yu said.
The strong capacity to implement government policies is also seen as one of the main factors behind China's success.
In addition to consistent and long-term policies, such factors have facilitated economic and social progress in China over years, in a mode to be a possible inspiration to other developing countries.
"China's mode may not necessarily work in another country, but similar strong points may be developed in state governance elsewhere," he noted.
In his opinion, stability and policy efficiency have worked to bring China through challenges in the past, and will further help China weather through present time when an economic slowdown and structural changes are a major source of concern.
In addition, the central, steady and effective leadership of the Communist Party of China (CPC) has worked as an anchor and guarantee in China's rapid development, according to the expert.
