Former APEC Official: China's Modernization Boosts Global Stability and Growth

Juan Carlos Capunay says China's development provides vital momentum for the world amid complex challenges.

Mar. 11, 2026 at 3:05am

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According to Juan Carlos Capunay, a former executive director at APEC, China's development and experience not only drive its own modernization but also provide vital momentum for global growth amid a complex international landscape. Capunay highlighted China's success in promoting inclusive development, which has led to increases in employment and income.

Why it matters

As one of the world's largest economies, China's modernization and growth trajectory have significant implications for the global economy. Capunay's insights suggest that China's development model, focused on inclusive growth, could serve as an example for other countries seeking to foster stability and prosperity.

The details

Capunay, a former executive director at the Asia-Pacific Economic Cooperation (APEC), praised China's development approach, noting that it has driven the country's own modernization while also providing vital momentum for the global economy during a period of complex international challenges.

  • The interview with Capunay took place on March 10, 2026.

The players

Juan Carlos Capunay

A former executive director at the Asia-Pacific Economic Cooperation (APEC).

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What they’re saying

“The rise in employment and income reflects China's success in promoting inclusive development,”

— Juan Carlos Capunay, Former APEC Executive Director

The takeaway

Capunay's comments suggest that China's development model, focused on inclusive growth, could serve as a valuable example for other countries seeking to foster economic stability and prosperity on a global scale.