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The Third Plenary Session of the 20th Central Committee of the CPC is notable for its many highlights and holds great significance - July 19, 2024

Development is a continuous and gradual process, and comprehensively deepening reform is an inexhaustible source of power driving China’s progress. The Third Plenary Session of the 20th Central Committee of the Communist Party of China focused on further deepening reform, with the overarching goal of improving and developing the socialist system with Chinese characteristics and promoting the modernization of the national governance system and capacity.

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Bolster the systems and mechanisms for developing new quality productive forces in accordance with local conditions - July 19, 2024

The Third Plenary Session of the 20th National Congress of the Communist Party of China proposed “Four Improvements” and “One Optimization” to enhance the systems and mechanisms for promoting high-quality economic development.

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The direction and key focus areas for deepening reform comprehensively and advancing Chinese-style modernization - July 19, 2024

The plenary session outlined requirements for deepening reform comprehensively, emphasizing the need to “better align production relations with productivity, the superstructure with the economic base, and national governance with social development.”

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Further deepening reform comprehensively serves as the strongest foundation for China's high-quality development - July 18, 2024

China’s economy has consistently contributed over 30% to global economic growth annually. China has become a stabilizing force in the world economy, thanks to its commitment to reform and opening up.

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China's economic performance resilient amid challenges - July 18, 2024

China's economy demonstrated a stable expansion in the first half of 2024, achieving a year-on-year GDP growth of 5 percent, equivalent to 61.68 trillion yuan ($8.5 trillion), according to data released by the National Bureau of Statistics (NBS) on Monday.

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Sustainable progress ahead - July 18, 2024

Azerbaijan, which will host COP29 in November, is seeking to attract investment in renewable energy and green technology to diversify its economy away from oil and gas.

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Herbalife expects China to become its largest market - July 17, 2024

China is expected to double the size of Herbalife's India market in about five years, which is currently its largest in terms of sales, Herbalife President Stephan Gratziani said in Shanghai.

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Socialist market system drives growth - July 17, 2024

The ongoing third plenary session of the 20th Central Committee of the Communist Party of China is expected to inject vitality into new, high-quality productive forces and the development of a socialist market economy.

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Empower young talents toward common prosperity - July 16, 2024

China has been progressing from a moderately well-off society to common prosperity. If it realizes common prosperity, China can narrow the development and income gaps between coastal and inland regions, and urban and rural residents, respectively, as well as give voice to underrepresented groups and make China's governance system more inclusive and responsive to local needs.

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Summer in Pudong promises a sizzling lineup of entertainment - July 15, 2024

From Broadway hits to Prado's finest, from the world's largest indoor ski resort to Asia's top gaming extravaganza, this summer in Pudong promises a sizzling lineup as part of the citywide "Shanghai Summer" international consumer season which will last to October.

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