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A construction worker walks past a housing project under construction on the outskirts of Beijing, China, July 17, 2024
THE Communist Party of China’s central committee adopted a resolution at its third plenary today to deepen efforts to modernise the country’s economy.
A communique on the Beijing meeting stated: “By 2035, we will have finished building a high-standard socialist market economy in all respects, further improved the system of socialism with Chinese characteristics, generally modernised our system and capacity for governance — and basically realised socialist modernisation.”
It said that this approach would lay a solid foundation for building China into a great modern socialist country by the middle of the century.
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