Taking the Significant Advantages of the Basic Economic System to Advance the Modernization of China’s System and Capacity for Governance

The "Decision of the Communist Party of China Central Committee on Major Issues Concerning How to Uphold and Improve the System of Socialism with Chinese Characteristics and Advance the Modernization of China's System and Capacity for Governance" (hereinafter referred to as the "...

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Bibliographic Details
Published in:China Economic Transition = Dangdai Zhongguo Jingji Zhuanxing Yanjiu 2020, Vol.3 (4), p.41-49
Main Author: Liu, Fengyi
Format: Article
Language:English
Subjects:
Communism
Communist parties
Consumption
Dialectics
Economic development
Governance
Income distribution
Industrialized nations
Innovations
Market economies
Modernization
Political economy
Political parties
Productivity
Socialism
Society
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Summary:The "Decision of the Communist Party of China Central Committee on Major Issues Concerning How to Uphold and Improve the System of Socialism with Chinese Characteristics and Advance the Modernization of China's System and Capacity for Governance" (hereinafter referred to as the "Decision"), which was reviewed and adopted at the Fourth Plenary Session of the 19th Central Committee of the Communist Party of China (CPC) in 2019, comprehensively answered "what to uphold and consolidate, and what to improve and develop," an important political issue concerning the state system and governance. The Decision is a guiding document for upholding and improving the system of socialism with Chinese characteristics and promoting the modernization of China's governance system and capacity. The major breakthroughs in this connotation of the basic socialist economic system provided a fundamental guideline clarifying the significant advantages of China's basic economic system and advancing the modernization of the country's system and capacity for governance.
ISSN:2096-5478
DOI:10.3868/s060-010-020-0042-7