The "Chinese model" refers to China's unique approach to economic development and governance, characterized by a combination of state-led capitalism and authoritarian political control. This model emphasizes rapid industrialization, infrastructure investment, and export-driven growth, allowing China to become the world's second-largest economy. Key features of the Chinese model include the role of the Chinese Communist Party in maintaining political stability and directing economic policy. It also involves significant state ownership in key industries, alongside a growing private sector. This approach has led to substantial economic growth, lifting millions out of poverty while raising questions about human rights and political freedoms.