Decentralize and diversify

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.