Chinese dream will become reality only if China learns to manage change

There has been much analysis already of President Xi Jinping's vision of the "Chinese dream". One thing has become clear: striving to achieve the dream is a common goal.

From the perspective of modern management theory, the process of achieving the dream falls under the category of change management. Indentifying the stakeholders and relevant environments will provide a better viewpoint to foresee the coming changes.

So who are the core stakeholders? The Politburo has given us the answer by introducing the "mass line" campaign, which proposes "doing everything for the masses, relying on the masses, from the masses, to the masses".

We must also assess the external stakeholders.

On the political front, US-China relations will continue to experience friction, given that many Americas see China's rise as a threat to their nation's world leadership. In addition, there is Japan's alliance with the US, wedging China in. Therefore, it's clear that the international political environment for creating the Chinese dream is full of turbulence.

The economic environment is also in a state of turmoil. Though China's economy may be facing difficulties, its growth and size mean it has been dominant in recent years. This will provide a solid foundation for the Chinese dream.

The social environment involves a complex range of factors, such as population growth, age distribution, health status and class structure, as well as lifestyle and social values. Globally, there is a significant gap in this sphere between developed and developing countries, and China is still very backward in many ways. Increasing the quality of China's social environment is particularly important, and will be a lengthy process.