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The book, written by renowned economist and member of the Russian Academy of Sciences, is devoted to understanding the experience of China's decades of economic development, known as the " Chinese economic miracle." His research is significant to the world, especially to Russia. Even during the global financial crisis and the subsequent world economic stagnation, China's economy continued to grow rapidly, fully confirming the effectiveness of the national economic development management system. The author describes how the Chinese economic miracle was born, citing the contrast between the staged growth of the Chinese economy and the world economy. The book discusses the technology and changes in the world economic landscape that are the foundation of China's rise. China has increasingly become the core of forming a new world economic order, and the world economic center has shifted to Asia. The strategic partnership between China and Russia is the foundation of the Greater Eurasian Partnership and its formation.
Glazyev Sergey Yuriyevich, a Ph.D. in Russian Economics and academician of the Academy of Sciences, explained in his new book that the economy is transitioning to a period of technological and world economic paradigm replacement. In his book, the author analyzed the essence of the structural changes in the global economy based on the long-term economic development law, revealed the driving mechanism of China's economic miracle, and pointed out that Russia's economic development prospects depend on national policies. Glazyev explained the reasons for the US government's domination of the global hybrid war and how to end it. The way out of the global crisis could be achieved by transitioning to a policy of new technological paradigm over-development and developing a new system of world economic structure. China and other Southeast Asian countries follow this route and have established a new center for developing the global economic paradigm. This book also analyzed in detail the ways Russia joined the new center of global economic development and became the core of the new world economic paradigm. The docking of the EAEU and China-led " Belt and Road" Initiative is the core of establishing a world economic relationship structure corresponding to the new world economic paradigm.
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