Caixin Global China Watch

Caixin Global China Watch

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Caixin Global China Watch
Caixin Global China Watch
China’s Reform Movement Urgently Needs Another Breakthrough

China’s Reform Movement Urgently Needs Another Breakthrough

A decision endorsed by the party in 2013 still serves as a beacon as the country faces a multitude of new economic and societal challenges

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Caixin Global
Nov 08, 2023
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Caixin Global China Watch
Caixin Global China Watch
China’s Reform Movement Urgently Needs Another Breakthrough
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China today faces a different set of challenges than it did a decade ago. Photo: VCG

China today faces a different set of challenges than it did a decade ago. Photo: VCG

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With China facing a multitude of economic and societal challenges, there is hope there will be another breakthrough in the reform effort like the one made 10 years ago at the Third Plenum of the Communist Party of China’s (CPC) 18th Central Committee. That session endorsed the Decision on Major Issues Concerning Comprehensively Deepening Reforms. It was unprecedented in scope and ambition as it spanned 60 articles and more than 300 reform measures. The “60 Articles” — as they were called — ushered in a new era of reform for China.

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