Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
295,954
edits
Changes
Jump to navigation
Jump to search
Line 267:
Line 267: + + + +
→Economic history
Following the Chinese Communist Party's Third Plenum, held in October 2003, Chinese legislators unveiled several proposed amendments to the state constitution. One of the most significant was a proposal to provide protection for private property rights. Legislators also indicated there would be a new emphasis on certain aspects of overall government economic policy, including efforts to reduce unemployment (now in the 8-10% range in urban areas), to rebalance income distribution between urban and rural regions, and to maintain economic growth while protecting the environment and improving social equity. The National People's Congress approved the amendments when it met in March 2004. The Fifth Plenum in October 2005 approved the 11th Five-Year Economic Program aimed at building a "harmonious society" through a more balanced wealth distribution and improved education, medical care, and social security.
Following the Chinese Communist Party's Third Plenum, held in October 2003, Chinese legislators unveiled several proposed amendments to the state constitution. One of the most significant was a proposal to provide protection for private property rights. Legislators also indicated there would be a new emphasis on certain aspects of overall government economic policy, including efforts to reduce unemployment (now in the 8-10% range in urban areas), to rebalance income distribution between urban and rural regions, and to maintain economic growth while protecting the environment and improving social equity. The National People's Congress approved the amendments when it met in March 2004. The Fifth Plenum in October 2005 approved the 11th Five-Year Economic Program aimed at building a "harmonious society" through a more balanced wealth distribution and improved education, medical care, and social security.
China used the Summer Olympics in 2008 as a platform of propagating the so-called "economic development" to the world, while it is still a Communist country in its core of the past two decades since the 1989 Tiananmen Massacre. The new leadership is committed to generating greater economic development in the interior and providing more services to those who do not live in China's coastal areas.
In 2015, the Communist-controlled Mainland China (or self-proclaimed People's Republic) denied being as a market economy.
==References==
==References==