China's rapid growth since the reform and opening-up process began in 1978 has not only been an economic miracle for the nation, but it has also offered a new development model for other emerging economies, said Martin Jacques, author of the global bestseller When China Rules the World.

In doing so, China has proved the inaccuracy of the previous consensus that the Western model of development was the only path to success.

Effectively, Jacques said, China has inspired other emerging countries to explore development paths that are suitable for their own situations.

"The achievements of China's reform and opening-up are very simple: one, the transformation of China; two, the transformation of the world," said the 73-year-old from his apartment in London's Hampstead, where piles of books and notes on China lay scattered across his desk, bookshelves and the floor.

Jacques is one of Britain's best-known Sinologists. Born in 1945 in Coventry, he had a decadeslong distinguished career in journalism before becoming an author.

He first rose to prominence as editor of Marxism Today, a position he held for 14 years from the late 1970s. He turned the publication from an obscure left-wing political magazine to one containing views from across the political spectrum.

Jacques then went on to be deputy editor of The Independent in the mid-1990s and now combines being a high-profile columnist with lecturing around the world.

But what really made him world famous was his 2009 book When China Rules the World, which has been translated into 15 languages and has sold 350,000 copies. His 2010 TED Salon speech in London on understanding the rise of China has received more than 2.7 million views on YouTube.

His book correctly predicted China's ascent to global leadership, at a time when the trend was not so obvious. More precisely, it predicted that by 2027, China's economy would be bigger than that of the United States. His book also argued that China's governance system was an effective alternative to Western liberal democracy and represented a new form of modernity.

Jacques argued against the prevailing consensus that China's development model would become more like that of the West as it grew economically. Time has proved him right - China has cemented its economic strength internationally without becoming a mirror image of the West.