China still remains an enigma with varying opinions on its power status - regional or international! What is its current reality? What is "Chinese Dream" defined by Xi Jinping? What "Grand Strategy" has been identified and defined to achieve "Chinese Dream" by 2021 and 2049? How will the single party Chinese Communist Party manage its pre-eminence even in decades ahead with dynamic changes in people's growing awareness and rising expectations? Furthermore, will China behave responsibly or hegemonic with incremental increase in power status? G B Reddy has made an attempt to provide a holistic perspective by comprehensively reviewing past, present and future policies, strategies and modernization achievements and programs in social, political, energy, economic, technology, use of soft power and hard power. Most important, the contents are designed to understand the course that China is traversing in its quest to attain dominant power status by 2049.