July 19, 2024

Chinese officials as well as domestic and foreign observers on Friday applauded the adoption of a resolution on further deepening reform comprehensively to advance Chinese modernization, highlighting China's resolve to maintain focus in pursuing high-quality development and share opportunities with the world through further opening-up to better empower the world economy and development. 

Observers said the reform-themed session, often referred to as the "third plenum," will not only gather confidence to promote China's high-quality development, but also inject certainty and stability into a world that is undergoing unprecedented changes.

China's institutional advantage with the firm leadership of the Communist Party of China (CPC) Central Committee is the source of confidence in the Chinese system and China's development, experts said, expressing confidence that China's "economic miracle" is set to continue.

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