China faces numerous trials along its path to become a major power. It is crucial for China’s development to choose a proper path forward while celebrating the centennial of the People’s Republic of China.

Zhang Monan writes that the global economic system is shifting, and China must seize the strategic opportunities with a new line of thought by working hard to avoid any weakening of its development, seizing new opportunities and creating new advantages.

What has emerged from the 2013 National People’s Congress was far different in tone from the usual emphasis on the growth imperative, writes Damien Ma.

China’s leadership transition comes to an end. Regardless of the proposed changes or reforms of China’s new leadership, the stability of the economy and its growth will likely remain the most important factor for Zhongnanhai.

Thanks to the central government’s stabilization policies, Chinese enterprises have accelerated production to make up the inventory rather than slowing down production to digest the inventory. The macroeconomic operation will continue the rising trend and China’s GDP growth in 2013 may be faster than 2012.

Throughout history, the rise of a new power has been attended by uncertainty and anxieties. Often, though not always, violent conflict has followed. As Thucydid

In a feat unmatched by other world powers, China’s economy survived its second soft landing in less than four years. However, as external factors continue to shock China, its economy has faced increasing vulnerability. Now, economic rebalancing and reform could hold the key to continued growth.

Severe weather forced China to transform its mode of growth by creating a sustainable economic and energy system conditions.

As Xi Jinping and Barack Obama are faced with tremendous economic challenges, the national prosperity of each country may benefit more from a local approach that could allow for joint efforts between the United States and China.

Niu Yi writes that China’s economy in 2013 will be guided by the quality and efficiency of economic reform, and that a new model of urbanization will provide the largest potential for promoting domestic spending.