In terms of the three-step modernization strategy, China has completed the first two steps by doubling the 1980 GDP in 1990 and again the 1990 GDP in 2000.

Since the mid-1980s, swiftly emerging TVEs have absorbed a large amount of rural labor force.

China’s economic growth at the current stage is mainly restrained by demand.

It can be seen from Chart 1 that the growth of the Chinese economy has kept slowing down since 1992.

WTO accession brings both advantages and disadvantages to China.

As a country exercising foreign exchange control, China has always carried out strict control over investment in foreign countries.

The client self-service pattern (first party distribution services).

In recent years, the state-owned enterprise reform has achieved significant progress. However, the reform is far from complete and we should adopt pertinent measures to further deepen this reform.