The Third Plenary Session of the 20th Central Committee of the Communist Party of China reaffirmed China’s long-term vision for reform
August 12, 2024 09:49 Source: "Chinese Social Sciences Journal" Issue 2953, August 12, 2024 Author: Bai Le/Compiler

  Bet365 app download Recent,Hung Tran, a non-resident senior fellow at the Geoeconomics Center of the Atlantic Council, an American think tank, published an article "Key points of the Third Plenary Session of the 20th Central Committee of the Communist Party of China in 2024" on the website of the organization,Main topics of the Third Plenary Session of the 20th CPC Central Committee、Target、In-depth explanation of tasks etc.。

Article analysis says,The Third Plenary Session of the 20th Central Committee of the Communist Party of China reaffirmed the long-term vision of the Communist Party of China to further comprehensively deepen reforms and promote Chinese-style modernization。This vision begins with innovation、Green energy and consumption-driven growth are the pillars。Bet365 app download According to the "On Further Comprehensively Deepening Reforms of the Central Committee of the Communist Party of China" issued by the plenary session、The decision to promote Chinese-style modernization》,China will coordinate and promote the integrated reform of education, science and technology talent system and mechanism,Further improve the overall effectiveness of the national innovation system。current,China’s introduction of existing technology、Excellent performance in application and promotion。for example,China in electric vehicles、Green battery、Remarkable progress has been made in the manufacturing of solar and wind energy products,And plays an important role in the supply chain of these products。

Article display,High-tech products play an increasingly important role in promoting China’s economic growth。However,Some Western countries claim "overcapacity",Chinese products exacerbate trade tensions,Posing a threat bet365 live casino games to Western competitors。more than ten years ago,Hundreds of startups established in China,To win customers in the market,After years of fierce competition between these companies,Many representative outstanding companies,At a reasonable price、High-quality products stand out,Winning international market share。This has frustrated some Western countries,And prevent the export of Chinese electric vehicles by increasing tariffs。Future,Facing relevant measures from the United States and other countries,China will further cultivate endogenous power,Stimulate economic growth with breakthrough innovation,And achieve self-sufficiency in high-tech fields。

The Third Plenary Session of the 20th CPC Central Committee emphasized “comprehensively building a high-level socialist market economic system”。Article indicates,In the context of strengthening the overall leadership of the Communist Party of China over economic work,China emphasizes the greater role of market Bet365 app download mechanisms。Coordination between government macro-control and market resource allocation,Is the key to the success of China’s decades-long reforms。In addition,The plenary session emphasized deepening the reform of the fiscal and taxation system,This includes improving the budget system,Strengthen financial resources and budget coordination, etc.。This measure will improve the fiscal transfer payment system,Guarantee the sustainable development of local government finance。

The plenary session pointed out,Implement prevention and resolve real estate、Local government debt、Various measures for risks in key areas such as small and medium-sized financial institutions。The article thinks,This means that China will take measures to minimize financial risks in the future。For China,It takes a certain amount of time to deal with financial risks。At the same time,Plenary Session Emphasis,Profoundly break down market entry bet365 Play online games barriers,Promote the fair opening of competitive infrastructure fields to business entities。This means that China will abolish internal trade barriers,Further build a unified national market,To unleash domestic production to a greater extent、Distribution and consumption potential。In addition,The plenary session also made arrangements for reforming the household registration system,This will promote the rational allocation of the national labor force,Improve labor productivity。

The signal released by the Third Plenary Session of the 20th CPC Central Committee,China will continue to open up to the outside world with its distinctive Chinese model。In the coming months and years,China will face a series of important decisions,Specific policy measures need to be taken,Turn the long-term goals reiterated at the Third Plenary Session of the 20th Central Committee of the Communist Party of China into reality。(Bai Le/Compiler)

Editor: Zhang Jing
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