Upon moving into the new era, a general guide for China’s economic construction involves transition from a phase of rapid growth to one of high-quality development. It also consists of speeding up the development of a modernized economic system.
This is an urgent necessity for overcoming the hurdles of modifying the development mode, optimizing the economic structure and converting the growth drivers, as well as the strategic goal of developing China. General Secretary, Xi Jinping, highlighted that building a modernized economic system is a challenging undertaking and is a major theoretical and practical issue that must be discussed based on combining theory and practice. Addressing this challenging task is undoubtedly valuable and significant when it comes to scientifically comprehending the objectives, connotations and key points regarding building a modernized economic system, exploring robust and effective policy measures and actions, as well as deriving lessons and making potential theoretical innovation in the process and enriching socialist economy theories with Chinese characteristics.
