To build a moderately prosperous society in a nation with 1.3 billion people is an unprecedented historical mission which has not been, and will not be, easily achieved.
China’s GDP growth for the third quarter was 6.9 percent, slightly higher than the forecast of 6.8 percent from many financial institutions.
The announcement of a new Hainan Airlines (HNA) link between Beijing and Manchester on Friday is just another achievement thanks to Chinese President Xi Jinping's five-day visit to Britain.
In October, a Plenary Session of the Central Committee of the Communist Party of China (CPC) will discuss China’s next five-year plan, offering an opportunity to analyze such plans’ role within China’s economy.
China is going to hold the Fifth Plenary Session of the 18th Communist Party of China Central Committee in October, during which the 13th Five-Year Plan will be discussed. Five-year plans were first introduced by the Soviet Union, and later adopted by other communist countries including China and Vietnam.
The 13th Five-Year Plan has been a hot topic in the past few weeks, with media reports saying the Communist Party of China (CPC) will meet in October to discuss the new plan. There has also been speculation that the country’s economic growth target may be lowered for the 13th Five-Year plan period (2016-20).