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BEIJING, May 6 (Xinhua) -- A book titled Toward Modernization: The Value of Xi Jinping Economic Thought has been published by the Xinhua Publishing House for na

The Hong Kong Monetary Authority aims to launch renminbi settlement of Hong Kong-listed stocks around the middle of the year, as part of the financial hub's efforts to promote renminbi internationalization, the head of the HKMA said on Tuesday.

The deciding factor of the success of Chinese modernization is the guiding hand of the Communist Party of China (CPC) which is meticulous and long-term in planning and execution, said former president of the Philippines Gloria Macapagal Arroyo during a panel discussion at the Boao Forum for Asia in Boao, South China's Hainan Province on Wednesday.

On the occasion of the 10th anniversary of the concept of building a global community of shared future, an international forum focusing on the Chinese path to modernization and the ideal of a global community of a shared future sparked a lively discussion among nearly 100 politicians, scholars and experts in various fields from 14 countries at an international forum held in Beijing on Monday.

Discussion of Chinese modernization has culminated during this year's ongoing two sessions, with foreign envoys and experts hailing that Chinese modernization has shed light on an alternative development path for nations. The Chinese path of realizing modernization, centering on independence, peace and the public good, provides the developing world an alternative to Western countries' road to modernization, which was achieved mainly via colonization and pillage, experts said.