China just wrapped up its third plenary session of the 20th Central Committee of the Communist Party of China (CPC) on Thursday, and the vibes are looking 🔥! The session’s communique is all about ramping up reforms to push forward Chinese modernization.
We caught up with Ma Liang, a professor at Renmin University of China, who said the resolutions are super comprehensive, covering 14 different areas of deepening reforms. Talk about ambition!
\"The communique urges the unwavering consolidation and development of the public sector, while also encouraging and guiding the non-public sector,\" Ma said. \"This is super timely and significant, especially for boosting confidence in the private economy.\"
The goal? Building a high-quality socialist market economy. The communique emphasizes leveraging the market's role more effectively, fostering a fairer and more dynamic environment, and making sure resources are allocated efficiently.
Ma thinks this sends a strong signal for creating a better business environment for private enterprises and entrepreneurs in the future. 🚀
\"It's a solid example of how China envisions its future development,\" he added. \"It's gonna guide policy introductions across various fields to build a better business environment, both at home and abroad.\"
The communique also highlights raising people's quality of life, building a beautiful China, and pursuing high-quality opening up. Sounds like they're gearing up for some big moves! 🌟
But Ma points out that implementing these reforms is the real challenge. \"The next step is to put these policies into action,\" he said. \"It's important to get everyone involved, spark passion, and motivate people to take part in future reforms.\"
Looks like exciting times ahead for China! Stay tuned for more updates! 🎉
Reference(s):
Expert: Third plenary session 'timely' and 'significant' for China
cgtn.com
