• KrasnaiaZvezda@lemmygrad.ml
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    4 months ago

    Economic reform, in particular, was a main focus. The third plenum said that China will build a high-standard socialist market economy in all respects by 2035. In building a high-standard socialist market economy, **the role of the market must be better leveraged, with a fairer and more dynamic market environment to be fostered and resource allocation to be made as efficient and productive as possible. **

    I am curious to see how this will go.

    Among the highlights of the reform tasks, Li pointed to the various reform measures to ensure and enhance the people’s well-being, including improving the income distribution system and the employment-first policy, which will help address the direct concerns of the people. The reform plan for building a high-standard socialist market economy is also of great significance, as it will help create a fairer and more dynamic market environment, Li said.

    And specially curios about how they plan to change the income system.

    This appears to be the full text but it’s in Chinese and this is it in English.

    Edit: Fixed link.