In the context of the 1978 launch the ‘four modernisations’ (agriculture, industry, science and technology, and national defence), Deng Xiaoping made the following remarks relating to China’s international engagement:
At present, we are still a relatively poor nation. It is impossible for us to undertake many international proletarian obligations, so our contributions remain small. However, once we have accomplished the four modernizations and the national economy has expanded, our contributions to mankind, and especially to the Third World, will be greater. As a socialist country, China shall always belong to the Third World and shall never seek hegemony. This idea is understandable because China is still quite poor, and is therefore a Third World country in the real sense of the term. The question is whether or not China will practise hegemony when it becomes more developed in the future. My friends, you are younger than I, so you will be able to see for yourselves what happens at that time. If it remains a socialist country, China will not practise hegemony and it will still belong to the Third World. Should China become arrogant, however, act like an overlord and give orders to the world, it would no longer be considered a Third World country. Indeed, it would cease to be a socialist country. I first addressed these points in a speech delivered at the Special Session of the United Nations General Assembly in 1974. The current foreign policy, which was formulated by Chairman Mao Zedong and Premier Zhou Enlai, will be passed on to our descendants (Selected Works, vol. 2, p. 123).
China will enhance friendship and cooperation with all countries involved in the Belt and Road Initiative on the basis of the Five Principles of Peaceful Co-existence. We are ready to share practices of development with other countries, but we have no intention to interfere in other countries’ internal affairs, export our own social system and model of development, or impose our own will on others. In pursuing the Belt and Road Initiative, we will not resort to outdated geopolitical maneuvering. What we hope to achieve is a new model of win-win cooperation.
In light of Deng Xiaoping’s comments, China is obviously still a socialist country, if not even more so today.