Please translate the following words to Chinese:
The Socialist System with Chinese Characteristics has played a significant role in shaping the world in the modern era. The system, which has guided China’s economic, social and political development since the 1970s, has helped to transform China into a global economic powerhouse. The impact of the Chinese Socialist System with Chinese Characteristics has been felt globally and has influenced and shaped the world in many ways.

One of the key impacts of the Chinese Socialist System with Chinese Characteristics has been the rise of China as a dominant economic power in the world. Under the guidance of the system, China has managed to rapidly transform its economy from a centrally planned economy to a market-oriented economy. This transformation has led to impressive economic growth rates, which have helped China to become the world’s second-largest economy, with a gross domestic product (GDP) of US$12.2 trillion in 2019 (World Bank, 2020). The Chinese economy has also become a critical driving force in the global economy, accounting for approximately 16% of global GDP (IMF, 2020).

Another significant impact of the Chinese Socialist System with Chinese Characteristics has been the rise of China as a global leader in innovation and technology. The system has been instrumental in fostering the growth of science and technology and has provided a conducive environment for innovation by implementing policies that promote research and development. This has led to China becoming a leader in various technological sectors, such as telecommunication, artificial intelligence, and robotics, among others. China’s technological advancements have led to the integration of the global economy, as the country has become a vital player in global value chains, particularly in manufacturing.

The Chinese Socialist System with Chinese Characteristics has also played a critical role in shaping the geo-political landscape of the world. China’s increasing influence and power on the world stage have challenged the traditional hegemony of the Western powers, particularly the United States. The rise of China has led to increased competition between the two powers, and this has implications for global governance, trade, and security.

Moreover, China’s socialist approach has been influential in shaping the global discourse on governance, especially in developing countries. The Chinese model, which combines economic liberalism with strong state intervention, has been increasingly attractive to developing countries that are seeking to reconstruct their economies or reduce income inequality. The Chinese government has also been proactive in offering assistance to developing countries, particularly on infrastructure development, as part of its Belt and Road Initiative. This approach has helped the Chinese government to gain influence in developing countries and to challenge the traditional influence of Western countries.

In conclusion, the Chinese Socialist System with Chinese Characteristics has been instrumental in shaping the world in the modern era, particularly in the areas of economic development, technology, and geo-politics. While the system has had its successes, it has also faced criticism for its restrictions on individual freedom and human rights. As China continues to grow as a global power, the impact of the socialist system on the world will likely continue to evolve and shape the global landscape in unprecedented ways.