The celebration of the 70th anniversary of the founding of the People’s Republic of China on October 1 will be an exuberant affair, involving glitzy cultural events, an extravagant state dinner attended by Chinese and foreign luminaries, and a grand military parade in Tiananmen Square. And, at a time of high tensions with US President Donald Trump’s administration, it will be imbued with an extra dose of patriotic enthusiasm. But while China has much to celebrate, it also has much work to do.

China’s social credit system has been criticized by Western critics for being an invasion of privacy, but new guidelines show how the social credit system would improve transparency and within China’s economy.

China recently introduced new policies designed to open up its economy and increase the amount of foreign capital in the Chinese financial system. It sounds like a lot of effort is being put toward making China's financial sector more accessible, but is it, really?

China’s increasing role in global economic, security and governance means that domestic reforms will have implications beyond its borders.

For the West, the year 2008 marked the beginning of a difficult period of crisis, recession, and uneven recovery. For China, 2008 was also an important turning point, but one followed by a decade of rapid progress that few could have foreseen.

In Washington, DC, a bipartisan consensus about China has emerged: the United States is facing a trade-manipulating, authoritarian intellectual-property thief that represents a strategic threat to the US and its allies and deserves to be punished. But the consensus is wrong. In fact, China deserves recognition, if not appreciation, for its achievements.

Chinese Premier reaffirms pledge to further open up to foreign investment and protect the rights of foreign firms.

The anniversary was a celebration of China’s achievements.

So long as China continues to seek “truth from facts” and more importantly makes “practice the sole criterion of the truth," it will prosper.

A celebration of China’s achievements.