It is to the outstanding great credit of the Communist Party of the Philippines that it is one of the proletarian revolutionary parties of the world successfully leading the people’s democratic revolution through protracted people’s war under the theoretical guidance of Marxism-Leninism-Maoism. It is widely recognized as a torch-bearer of the world proletarian-socialist revolution, whose resurgence is being ushered in by the anti-imperialist and democratic mass struggles all over the world and by the intensification of all major contradictions: between labor and capital; between the imperialist powers and the oppressed peoples and nations; among the imperialist powers themselves; and the US and China as the chief imperialist rivals.