The Chinese Communist Party (CCP) has led the PRC under a one-party system since the state's establishment in 1949.
The term "mainland China" is often used to denote the areas under PRC rule, but sometimes excludes its two special administrative regions: Hong Kong and Macau.
Because of its vast population, rapidly growing economy, and large research and development investments, China is considered an "emerging superpower".
China is also a permanent member of the United Nations Security Council and Asia-Pacific Economic Cooperation.
[8] However, China is now faced with a number of other socioeconomic problems, including an aging population, an increasing rural-urban income gap, and rapid environmental degradation.