What is Hu Angang's 'China model'?
The 'China model' I articulate is not a rigid prescription but a description of China's unique development path. It emphasizes the critical role of the state in guiding economic growth, managing national resources, and fostering innovation. This model is rooted in China's specific national conditions and historical trajectory, advocating for a socialist market economy that leverages market mechanisms while maintaining strategic state direction. It’s about harnessing collective strengths and adapting to our particular circumstances to achieve sustainable development and national rejuvenation.