As history propels China into 2024, the nation is doubling down on its commitment to \"further comprehensively deepening reform\" and \"advancing Chinese modernization.\" These initiatives mark a significant evolution from the 2013 focus on reforming the national governance system and enhancing economic capabilities.
General Secretary Xi Jinping emphasized the importance of all-round reform during a Political Bureau study session on January 31. He highlighted the need to overhaul the economic and science and technology management systems, eliminate obstacles hindering new productive forces, and establish a high-standard market system. Xi stressed that fostering a virtuous cycle between education, science and technology, and talent development is crucial for sustaining growth.
In a March 21 inspection tour to Hunan Province, Xi advocated for a problem-oriented approach to overcome challenges that impede the creation of a new development paradigm and high-quality growth. He underscored the necessity of addressing environmental issues, enhancing people's well-being, and ensuring social fairness and justice. Additionally, Xi pointed out the importance of mitigating major risks to maintain momentum in economic and social development.
On March 27, Xi met with representatives from the U.S. business, strategic, and academic communities in Beijing. He reaffirmed that China's reform and opening-up policies are steadfast, outlining plans for further deepening reforms. Xi's vision includes cultivating a market-oriented, law-based, and world-class business environment, thereby expanding opportunities for U.S. and other foreign businesses.
During his inspection tour to Chongqing Municipality from April 22 to 24, Xi highlighted that modernizing the governance system and its capacity is integral to China’s broader modernization goals. This emphasis on governance reflects China's holistic approach to fostering sustainable and inclusive growth.
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Further comprehensively deepening reform is a historic necessity
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