Caixin Summit: Competition, Cooperation and Communication Drive China’s Economic Miracle, Former Kyrgyz Prime Minister Says

Fierce domestic competition, international cooperation and improved communication are the keys to understanding China’s economic miracle, former Kyrgyz Prime Minister Djoomart Otorbaev said Thursday.

If competitions drives progress and cooperation sustains it, then communication is the thread that binds the world together,” Otorbaev said at the 16th Caixin Summit in Beijing. He outlined his view of China’s experience and the “timeless, yet ever urgent” challenges facing the global community through these three concepts.

The story behind China’s great success is its intense domestic competition, he said. “It is the relentless, almost Darwinian struggle for excellence that has shaped modern China and propelled its industries to world-class standards.”