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The Chinese economic reform or Chinese economic miracle, [1] [2] also known as reform and opening-up (Chinese: 改革开放; pinyin: Gǎigé kāifàng), refers to a variety of economic reforms termed socialism with Chinese characteristics and socialist market economy in the People's Republic of China (PRC) that began in the late 20th century ...
Further deepening reforms and promoting the modernisation of China will comprise the main agenda of the third plenum, state-run Xinhua news agency reported on Tuesday, citing the party's elite ...
The reform instilled "paranoia and paralysis" at Chinese technology companies. [91] The reforms also decreased the number of jobs available at technology companies, increasing the unemployment rate among young people. [92] In July 2023, the Chinese government officially ended its wave of regulatory action in the tech industry.
Medium and long-term planning are central to coordinating state activity across many policy areas in China and China's Five-Year Plans are one of the most prominent examples of this approach. [2]: 8 Through the Five-Year Plans, the CCP and the government establish their policy priorities.
China's parliament is expected to unveil moderate stimulus plans to stabilise growth at an annual meeting beginning on Tuesday, but may disappoint those calling for a detailed roadmap of bold ...
China will keep phasing out fossil fuels and reforming its electricity system, the energy regulator said on Thursday, issuing a white paper long on listing accomplishments but short on new plans ...
Since the Reform and Opening Up period, China has evolved into a backbone of the world economy. [2] China has been the fastest growing economy in the world since the 1980s, with an average annual growth rate of 10% from 1978 to 2005, based on government statistics. Its GDP reached US$2.286 trillion in 2005. [3]
China on Thursday rejected Western-led recommendations for human-rights reforms including calls for greater freedoms in Hong Kong and for Uyghurs in Xinjiang, but accepted others from allies, as ...