China Adopts Major Resolution to Deepen Reforms and Advance Modernization

The China Media Group (CMG) on Friday unveiled the top 10 business news stories from China and around the world in 2024. Topping the list is the adoption of a resolution on further deepening comprehensive reform to advance Chinese modernization by the 20th Central Committee of the Communist Party of China (CPC) during its third plenary session.

The resolution sets the ambitious goal of basically achieving socialist modernization by 2035, mapping out major reform measures for the next five years. It focuses on enhancing economic structures, promoting innovation, and improving the livelihood of the people.

Experts believe that this move signifies China’s unwavering commitment to reform and opening-up, emphasizing sustainable growth and high-quality development. The resolution is expected to have profound impacts on both domestic and international markets, offering new opportunities for businesses and investors worldwide.

As China continues to deepen its reforms, global observers are keenly watching the nation’s strides towards modernization. The adoption of the resolution not only reflects the CPC’s strategic planning but also showcases China’s influential role in the global economic landscape.

The release of CMG’s top 10 business news stories highlights the dynamic changes and developments occurring in China and across the globe in 2024. With this resolution leading the list, it underscores the significance of China’s reform initiatives in shaping future economic and social progress.

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