Xi Jinping delivers a report to the 19th National Congress of the Communist Party of China (CPC) on behalf of the 18th Central Committee of the CPC at the Great Hall of the People in Beijing, capital of China, Oct. 18, 2017. The CPC opened the 19th National Congress at the Great Hall of the People Wednesday morning. (Xinhua/Li Tao)

BEIJING, Oct. 22 (Xinhua) -- China, under the leadership of the Communist Party of China (CPC), has in recent years served as a stabilizing factor and source of wisdom in a world troubled with uncertainties and challenges.

Reading the signals from the ongoing 19th CPC National Congress, analysts worldwide said they are confident that the CPC will lead China to make more contributions to world peace and development.

SUPPORTING GLOBAL GOVERNANCE SYSTEM

David Shambaugh, a senior fellow at the Brookings Institution, a leading U.S. think tank, said that China "has a particularly important leadership role to play in global governance."

He mentioned various areas in which the world has seen China significantly increase its contributions, including climate change, global health, international peacekeeping, global economic governance, energy security and reshaping multilateral institutions.

China was one of the first to sign the Paris Agreement, and has reaffirmed its commitment to fighting global warming after the United States announced its decision in June to withdraw from the accord.

As Chinese President Xi Jinping said Wednesday in his report at the opening session of the 19th CPC National Congress, China has taken a driver's seat in international cooperation on climate change and become an "important participant, contributor, and torchbearer" in the global endeavor for ecological civilization.

The country more than met its carbon emission reduction goals last year, and pledged a package of 3.1 billion U.S. dollars to the South-South Cooperation Fund on Climate Change for developing countries.

Avery Goldstein, a political science professor at the University of Pennsylvania, said he thinks that "China, sticking with this path, makes it more likely that eventually even the United States will come back to the consensus on climate change."

China is also a staunch supporter of the United Nations (UN) peacekeeping missions and a provider of international humanitarian relief. It is the top contributor of UN peacekeepers and the second-largest contributor to peacekeeping funds.

Khairy Tourk, a professor with the Stuart School of Business of the Illinois Institute of Technology, said that even though its per capita income is not as high as those of advanced nations, China is already providing the world with public goods, such as sending peacekeepers, fighting piracy, and sending medical missions to really poor countries to take care of the people who cannot afford to have good medical treatment.

On economy, China is an indispensable force to counter global economic sluggishness. Over the past five years, China has contributed more than 30 percent of global economic growth.

These remarkable achievements did not come easily, as the country has made tremendous efforts to deepen all-round reforms and adjust its economic structure to address tough challenges and maintain sustainable growth.

Meanwhile, China is committed to promoting an open economy and free trade. Gerishon Ikiara, an international economics lecturer at the University of Nairobi, said that China's active participation in global economic cooperation and support for open and free global trade have benefited itself and all other countries.

The scholar said he expects China to continue to play a leading role in shaping the global system of trade integration, which will help spur global growth.

OFFERING SOLUTIONS WITH CHINESE WISDOM

China's "more proactive" action in setting the agenda for global growth and governance is exemplified by the Belt and Road Initiative, a "very powerful idea," said Robert Lawrence Kuhn, chairman of the Kuhn Foundation, a U.S. nongovernmental organization promoting U.S.-China ties.

The initiative, proposed by Xi in 2013, aims to promote trade, financial integration, infrastructure inter-connectivity and people-to-people exchanges along and beyond the ancient Silk Road trade routes linking Asia with Europe and Africa.

By linking countries and regions that account for more than 60 percent of the world's population and 30 percent of the global gross domestic product, the initiative is a "perfect example" of China sharing its wisdom and solutions for global growth and governance, Kuhn said.

What's more, in Shambaugh's opinion, the initiative "has great potential for many countries and global development."

"Most of the countries along the Belt and Road have significant development need -- electricity and power, transport infrastructure, IT connectivity, etc. -- which China can contribute greatly to fulfilling," he said.

Nigel Haworth, president of the New Zealand Labor Party, said the initiative shows that China has started looking constructively at new ways of complementing existing systems of economic integration, such as the World Trade Organization and the Association of Southeast Asian Nations.

In addition, the Belt and Road Initiative also helps safeguard regional peace, said former French Prime Minister Dominique de Villepin, noting that it creates an opportunity for countries with different state systems to work together to protect the region from terrorism.

"One should be counting all the benefits of stability, with less wars, less tension, less crises and less terrorism. It is very important to have a global picture," he said.