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China's development targets for 14th Five-Year Plan period

Updated: Nov 2, 2020 chinadaily.com.cn/Xinhua Print
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Take new steps in reform and opening-up

Photo shows decorations at the west entrance of the National Exhibition and Convention Center in Shanghai on Oct 23, 2020. [Photo/Xinhua]

China will further improve its socialist market economy and essentially complete the building of a high-standard market system.

Market entities will show more vitality, and significant progress will be made in the reforms of the property right system and the market-based allocation of factors of production.

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