Reform and opening-up have been pivotal in propelling the Communist Party of China (CPC) and the Chinese people toward progress and modernization. Since the third plenary session of the 11th Central Committee of the CPC, which initiated a transformative era of reform and opening-up, China has embarked on a remarkable journey of development.
The third plenary session of the 18th Central Committee of the CPC marked another significant milestone, launching a new phase of comprehensive reform with systematic and holistic designs suited for the new era. This laid the groundwork for an evolving landscape of China’s reform and opening-up policies.
Most recently, the third plenary session of the 20th Central Committee of the CPC adopted the “Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization.” This resolution represents a historic step, initiating a new journey to further deepen comprehensive reforms and promote Chinese modernization, marking a new milestone in the CPC’s history.
The new development philosophy, centered on innovation, coordination, green development, opening-up, and sharing, provides a scientific approach to ensure the continuous and healthy development of China’s economy and society. Since the 18th National Congress of the CPC, China has achieved significant accomplishments in high-quality development, fully demonstrating the guiding role of this philosophy.
As China embarks on this new journey, it is imperative to fully, accurately, and comprehensively apply the new development philosophy. This involves consistently steering reform and opening-up in the new era with the intrinsic unity of its core principles.
The recent resolution emphasizes overall advancement with a focus on key priorities in its major reform arrangements. It makes systematic plans for reforms across various sectors, including the economy, politics, culture, society, ecological conservation, national security, defense, and the institutional framework for party building. This comprehensive approach signifies that the CPC has reached a new level of understanding in advancing Chinese modernization.
Economically, the resolution places significant importance on deepening economic system reform, recognizing the economy as the foundation of the nation. By further advancing economic reforms, China aims to effectively drive progress in other areas, fostering continuous and healthy economic growth.
Looking forward, the resolution underscores the need to “support all-round innovation” and “advance the building of a high-standard socialist market economy… unleash the internal driving forces and creativity of our society as a whole.” It highlights the importance of implementing strategies to invigorate China through science and education, developing a quality workforce, and pursuing innovation-driven development. Coordinated efforts in reforming institutions related to education, science and technology, and human resources are essential to enhance the overall performance of China’s innovation system.
The resolution also demonstrates a commitment to China’s goals while addressing challenges in its reform deployments. It clearly defines the overall objective of deepening comprehensive reforms, aiming to achieve significant milestones by 2035, such as building a high-standard socialist market economy in all respects. At the same time, it focuses on resolving bottlenecks that constrain high-quality development, addressing major public concerns affecting social fairness and justice, and tackling prominent issues in party building and risk management.
At this new historical starting point, there is a conscious effort to place reform in a more prominent position. The focus is on further deepening comprehensive reforms to promote Chinese modernization. Guided by the new development philosophy, China is poised to steer reform and opening-up in the new era, advancing the great rejuvenation of the Chinese nation through Chinese modernization.
Reference(s):
Applying China's new development philosophy in reform and opening-up
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