In 2020, Xi’s new economic approach consolidated into what he calls the New Development Concept (NDC). In essence, the NDC is intended to serve as the economic strategy with which he will guide China through an increasingly dangerous world, including what he describes as “changes unseen in a century.” Ultimately, as Xi told a meeting of China’s top policy makers in July 2021, the NDC is meant “to ensure our survival” through both “foreseeable and unforeseeable storms.”
