The recent conclusion of the 20th Central Committee of the Communist Party of China (CPC) third plenary session has highlighted China's unwavering confidence in addressing significant governance and economic challenges. Under the leadership of General Secretary Xi Jinping, the CPC emphasized the strength and resilience of China's political system, showcasing its ability to implement long-term, practical solutions.
Contrasting the current political climate in the United States, where signs of disorder are evident, China presents a picture of order, stability, and self-assurance. The CPC's approach includes extensive internal consultation, expert advice, and rigorous party debates, fostering consensus-building that surpasses many Western political parties.
In tackling the economic slowdown and managing the complexities of governance in a vast and dynamic country, the CPC has outlined comprehensive plans to enhance the quality of life for its citizens and pursue national rejuvenation through Chinese modernization. The third plenary session emphasized systematic plans for deepening reforms, aiming to build a high-standard socialist market economy.
The CPC pledged to better leverage the role of the market by lifting restrictions and implementing effective regulations, ensuring that both public and private sectors have equal access to production factors and can compete fairly in the market. This commitment provides reassurance to entrepreneurs and investors, both domestic and foreign, fostering an environment where different ownership forms can thrive side by side.
While specific implementation pathways from the plenary session's decisions are yet to be disclosed, the comprehensive and in-depth approach taken by the CPC signals a strong determination to achieve its set goals, reinforcing China's position as a major global player.
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3rd plenum shows CPC's confidence to tackle big tasks in governance
cgtn.com
