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Decentralize and diversify

By Jia Xijin | China Daily | Updated: 2013-01-04 08:13

Economic, social and political reforms needed to promote 'five-in-one' development and establish a modern society

The 18th national congress of the Party indicated a shift from economy-centered development to "five-in-one" - economic, political, cultural, social, and eco-civilization - development.

Since 1978, when the Party launched reform and opening-up, continuous efforts have been made to reform the country's economic system, which has resulted in a 30-year period of fast development. However, research suggests that the dividend from this fast growth is now coming to an end, and more reforms are needed for further development.

Decentralize and diversify

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