Abstract:

This paper examines the 100 years existence of the Chinese Communist Party (CCP) since its formation in 1921 in the city of Shanghai. The significance of the CCP is also examined because it drives the policies of the Chinese People’s Republic of China. It dominates the economy and controls all the state institutions. The analysis of the development trajectory of the Chinese state in the last 100 years is examined along with its major developmental achievements. The paper examines related literature from library research using descriptive method. The political party and Marxist theories are the theoretical frameworks used in examining the development milestones. The finding shows that China has emerged as the second most dominant economy in the world and is gearing towards overtaking the United States’ economy in all areas. This paper concludes that the developmental achievements of the People’s Republic of China was made possible by the painstaking, diligent and careful central planning of adopting the Marxist, socialist and mixed economy approach to the development of China. Finally, the paper recommends that despite all these successes recorded by transforming China and developing its economy through the careful guidance of the party, there remains a lot of challenges that its leaders must address before its continued growth gets undermined.