Source: China – South China Morning PostChina’s 15th five-year plan is more than a policy blueprint; it is a pivotal turning point. This plan and the next one will define an era of innovation-led growth, solidifying China’s status as a major power and peer competitor to the United States.
Since the reform and opening-up policy was launched, China’s economic development has had distinct phases. The 1978-1992 period marked the initial stage of opening up. Reform and opening-up was imperative in the wake of economic challenges after the…Read More