Twenty five years ago I came to Hong Kong as a student.
The year was 1985.
Deng Xiaoping and Margaret Thatcher had recently signed the historic Joint Declaration.
The remarkable story of the successful handover of Hong Kong and the great progress Hong Kong has continued to make is an example to the world of what can be achieved when two countries cooperate in confidence and with mutual respect.
Since then, China has changed almost beyond recognition.
China's National Anthem famously calls on the people of China to stand up Qi lai qi lai (stand up, stand up).
Today the Chinese people are not just standing up in their own country they are standing up in the world.
No longer can people talk about the global economy without including the country that has grown on average ten per cent a year for three decades.
No longer can we talk about trade without the country that is now the world's largest exporter and third largest importer and no longer can we debate energy security or climate change without the country that is one of the world's biggest consumers of energy.
China is on course to reclaim, later this century, its position as the world's biggest economy the position it has held for 18 of the last 20 centuries. And an achievement of which the Chinese people are justly proud.
Put simply: China has re-emerged as a great global power.
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