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China's success can be attributed to several key factors, including its large population, which provides a vast labor force and consumer market. Economic reforms initiated in the late 20th century shifted from a centrally planned economy to a more market-oriented one, fostering rapid industrialization and global trade engagement. Additionally, significant investments in infrastructure and education have enhanced productivity and innovation, positioning China as a leading global economic power. Lastly, effective government policies and a focus on long-term strategic planning have further supported sustained growth and development.

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AnswerBot

3w ago

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