"In collaboration with the Shenzhen Baoan airport and other units, Hainan Airlines will grow with Shenzhen to assist the city in building itself into a national socialist demonstration zone with Chinese characteristics, help the Guangdong-Hong Kong-Macao Greater Bay Area join the ranks of the world's top bay areas and city clusters, and promote coordinated development between the Hainan Free Trade Port and the Bay Area," Ding said.

“海南航空将与深圳宝安机场等单位合作，与深圳共同发展，助力广州建设中国特色社会主义国家示范区，助力广东-香港-马槽大湾区跻身世界一流湾区和城市群行列，促进海南自由贸易区与港澳大湾区协调发展e港口和湾区，”丁说。

But the content generated by generative AI should be in line with core socialist values.

但生成人工智能生成的内容应该符合社会主义核心价值观。

Qi, who is also Chairman of Chinese cybersecurity company Qi-Anxin Technology Group, said that such confidence also came from the resilience of the Chinese economy, the institutional advantages of the socialist market economy, a huge market, and a complete system of production as well as continuous innovation.

齐同时也是中国网络安全公司齐安心科技集团的董事长，他说，这种信心还来自于中国经济的韧性、社会主义市场经济的制度优势、巨大的市场、完整的生产体系以及不断的创新。

Qi said that over the past few decades, the country's private economy has become an important part of the socialist market economy and a fresh driver of economic development; and has played an important role in stabilizing growth, boosting employment, benefiting people's livelihood, promoting innovation, and common prosperity.

齐说，几十年来，我国民营经济已成为社会主义市场经济的重要组成部分和经济发展的新动能；在稳增长、促就业、惠民生、促创新、促共同富裕等方面发挥了重要作用。

"In particular, efforts to build national unified market and develop a high-level socialist market economy while promoting high-level opening-up will adjust the Chinese economy well for stable growth and boost foreign investors' confidence," she said.

她说：“特别是，在推进高水平对外开放的同时，努力建设全国统一市场，发展高水平社会主义市场经济，将很好地调整中国经济稳定增长，并增强外国投资者的信心。”。

Editor's note: The report delivered at the opening of the 20th National Congress of the Communist Party of China is inspiring and encouraging, said top business executives, as they speed up contributions for building a modern socialist country in all respects.

编者按：中国共产党第二十次全国代表大会开幕式上发表的报告鼓舞人心，企业高管们表示，他们加快为全面建设社会主义现代化国家做出贡献。

Along with the deepening reform in rural areas and continuous improvement of the socialist market economy, the rural economy is facing both challenges and opportunities, he said.

他说，随着农村改革的深化和社会主义市场经济的不断完善，农村经济面临着挑战和机遇。

Editor's note: China has reached its first centenary-related goal and is embarking on a new journey to fulfill its second centenary-related goal of building a strong and modern socialist country in all respects.

In your view, what is the most attractive and promising part of the Chinese economy as the country seeks to reach the second centenary-related goal－that of building a strong and modern socialist country in all respects?

According to a guideline released by the Communist Party of China Central Committee and the State Council, China's Cabinet, on July 15, Pudong should pioneer China's socialist modernization and serve as a strategic link between the domestic and international markets.

China's private enterprises are a key component of the socialist market economy and a source of economic resilience.

China's biggest achievements over the past four decades include the country's shift from a planned economy toward a socialist market economy.

Earlier this month, U. S. Senator Bernie Sanders, a self-described democratic socialist, proposed a bill in Congress called the "Stop BEZOS" Act, which would make large corporations pay workers more or pay for public assistance programs like Medicaid.

In a meeting with Tencent chairman Pony Ma in Shanghai, city Party Chief Li Qiang said Tencent's business scope and strengths overlap with the municipality's goal to build a modern socialist metropolis with global influence.

The five companies have been ordered to have a thorough self-examination on related content; conduct internal training on policies and regulations, socialist core values and revolutionary history; and improve their internal content review mechanism to prevent such violations.

The newly released plan depicting the development path for Pudong New Area in the next five years will help the area fulfill its role as a pioneer of China's socialist modernization, said experts.

By extending the reform results to a wider area, Pudong should serve as an important demonstration zone while China grows into a modern socialist country, the plan stated.

In July 2021, the central authorities released a guideline to support Pudong's high-level reform and opening-up, saying the area should pioneer socialist modernization.

The key to furthering opening-up is institutional opening-up, or to improve the socialist market economy and strengthen ties and compatibility between the Chinese and other economies through aligning with international rules, regulations, management and standards.

As China moves toward its second centenary goal of fully building a modern socialist country, Pudong is also ushering in a new stage of development.

In 2021, China issued a guideline to support high-level reform and opening-up of Pudong and build the area into a pioneer of socialist modernization.

By 2050, Pudong is expected to become a critical urban area that is highly attractive, creative, competitive and influential globally — a global model of urban governance and a "shining pearl" of a great modern socialist country, the guideline said.

With high-quality development as the top priority in building China into a modern socialist country in all respects, it highlights new development characteristics distinguished from previous stages," said Gao Peiyong, former deputy director of the Chinese Academy of Social Sciences.

""Only through high-standard opening-up could we further improve the socialist market economy system and strengthen the ties and compatibility between the Chinese and international economies, against the background of uncertainties in China-US relations and reorganization of global industrial and supply chains," Zhao added.

First, a combined policy pool filled with measures of a traditional market economy and a socialist system enables the Chinese government to have a wider policy space and more choices.

Second, in terms of institutional vitality, under the framework of the socialist system with Chinese characteristics, policy selection and implementation are more efficient, because as long as the policies are in line with the reform measures to maximize social welfare, they will be supported and embraced by the masses and can be implemented quickly, unlike some capitalist societies that face problems such as partisan disputes, interference by interest groups, and lack of policy tools.

It is thus necessary to redesign China's housing market, give full play to the advantages of China's socialist market system and maintain sufficient housing supply with reasonable prices.

Last but not least, to maintain its institutional vitality, China, on the one hand, should not close itself off and impair the vitality of its own system, and on the other, continue to deepen reform and carry out institutional innovation to continue improving its socialist market economic system on the basis of pooling wisdom and scientific research.

To conclude, it should be kept in mind that an open, inclusive, and free institutional environment is the institutional basis for the sound operation of the socialist market economy.

Better integrating the advantages of the socialist system with the market economy, and demonstrating and giving full play to the results generated by such an integration — that should be the major focus for China amid building a high-standard socialist market economy.

The nation has, during this period, greatly stimulated market and social vitality, and achieved a historic leap forward in economic modernization, through the establishment and continuous improvement of the socialist market economy.

"We are steadfast in comprehensively deepening reform, focusing on constructing a high-level socialist market economy system and striving to remove deep-seated institutional obstacles that affect our development," he said at the opening ceremony of the 2023 World Guangdong Entrepreneurs Convention in Guangzhou, the provincial capital, on Friday.

The Ningxia Youth Federation will use the China-Arab Youth Exchange Camp platform to create a communication channel with youth-focused organizations from Arab states, such as the Moroccan Socialist Youth Organization.

As a city to build a socialist modern international metropolis with global influence, Shanghai is continuously improving its major functions such as scientific and technological innovation and high-end industry leadership, focusing on building a modern industry, accelerating the transformation of its traditional industries, vigorously developing the city's leading industries and key industries, charting plans for new and future industries, said Chen Jie, vice-mayor of Shanghai at an investment promotion conference of the CIIF.

The scope of the assets that the Chinese government may control is far greater than that of Western counterparts because the former is a socialist market economy with public ownership as foundational, whereas the West consists of mainly market economies with private ownership as the mainstay.

He also said the focus of economic development should be placed on the real economy to provide solid material support for China to realize its Second Centenary Goal, which is to turn China into a modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful by the time the People's Republic of China celebrates its centenary in 2049.

By the time China basically realizes socialist modernization by 2035, can we significantly increase the proportion from the current 41.5 percent to 55 percent?

China should place a higher premium on realizing greater openness through foreign trade activities and advanced international rules, as well as improving the socialist market economy with Chinese characteristics through institutional innovation.

Li said the private sector is playing a key role in shoring up growth and boosting trade, and it also serves as "a vital force in advancing Chinese modernization and building China into a great modern socialist country in all respects".

According to the document, the private sector serves as a vital force in advancing Chinese modernization and building China into a great modern socialist country in all respects, and the country seeks to foster healthy and high-quality development of the private sector.

According to the document, the private sector serves as a vital force in advancing Chinese modernization and building China into a great modern socialist country in all respects, and the country seeks to foster its healthy and high-quality development.

In fact, market economies have been witness to various transitions — from pre-capitalist laissez-faire policies to Keynesian stimulus measures during the 1929-39 Great Depression, followed by post-war socialist welfare programs, active monetary policies during periods of severe inflation, and the emergence of supply-side measures during times of stagflation, emphasizing tax cuts and reforms.

Currently, the majority of market economies, including transition economies from the socialist system in recent years, have already shifted away from direct planning regulations.

First, Japan was basically a market economy during that period, while China is currently transitioning from planned incremental reforms toward a socialist market economy.

Although China faces similar economic problems to Japan's experience, it is important to note that China is adopting a socialist market economy system.

Consequently, Japan has been able to achieve balance sheet repair for businesses and households, while China faces an absence of immovable assets such as land and housing in their balance sheets and urgently needs to fill this gap and set up its own sheets by aligning with characteristics of its socialist market economy.

Platform: Sector called key enabler of recoveryPremier Li Qiang encouraged platform companies on Wednesday to maintain firm confidence, keep innovating and improve their international competitiveness, saying that the development of the platform economy is promising as China builds a modern socialist country in all respects.

With China charting a course for high-quality development, a modern socialist country in all respects", Chenghai has worked over the years to become a leader for this initiative in Guangdong.

Most notably, since the 18th National Congress of the Communist Party of China, we have focused on promoting high-quality development, realized the goal of building a moderately prosperous society in all respects as planned, ended absolute poverty in China once and for all, and embarked on a new journey toward building a modern socialist country in all respects.

I believe that adhering to the path of developing a socialist market economy with Chinese characteristics and making an unwavering commitment to China's reform and opening-up policies are important institutional foundations for maintaining sustainable economic growth.

China aims to become a moderately developed economy by 2035 and a great modern socialist country in the future.

Consumption growth reflects people's increasing desire for a better life and is closely linked with the country's goal of achieving common prosperity and building a modern socialist country in all respects, which is why the central and local authorities have spared no efforts in introducing policies to boost consumption, said Fu Yifu, a senior research fellow at the Star Atlas Institute of Finance.

"China must continue to firmly advocate multilateralism and an open world economy, with concrete actions to expand high-quality opening-up, deepen reform to enhance the socialist market economy and create a more enabling business environment.

The goals include making new strides in reform and opening-up, further improving the socialist market economy and putting in place new systems for a higher-standard open economy.

Given its diversified industrial structure in finance, technology and manufacturing and unique geographical location that combines three distinct jurisdictions, the integration of the 11-city cluster dovetails well with the nation's drive for high-quality development — a goal of making the economy more efficient and sustainable, which is also the first and foremost task in building a modern socialist country by the middle of this century.

Construction of a large-scale integrated transportation hub started in Pudong New Area on Saturday, marking another achievement in Shanghai's development as a socialist modern international metropolis with global influence, according to official sources.

It will also serve Pudong New Area's goal of playing a leading role in China's journey to fully build a modern socialist country, as well as accelerate Shanghai's building of a socialist modern international metropolis with global influence, according to the Information Office of Shanghai Municipality on its official social media account on Saturday.

The strategy of establishing a new dual-circulation development paradigm, which focuses on the domestic economy while stressing a positive interplay between domestic and international economic circulations has an overarching significance in promoting high-quality development and building China into a modern socialist country in all respects.

Instead, it means giving play to the economic advantages of a big country, so that domestic and international economic circulation can interplay with each other at a higher level, enhance the linkage effect of domestic and international markets and resources, and therefore provide material support for the comprehensive construction of a modern socialist country.

China's per capita gross domestic product is close to the threshold of high-income countries and, as China is building a modern socialist country in all respects with a population of more than 1.4 billion, a market of almost the combined size of the existing developed countries is to be created, which will create huge business opportunities.

It will provide a more solid foundation for comprehensively building a modern socialist country, and is the fundamental support to ensure that the modernization drive can constantly meet the people's needs for a better life.

Private enterprises are a vital part of the socialist market economy, said Qu Yongyi, a researcher with the Institute of Industrial Economics at the Chinese Academy of Social Sciences and a national political adviser.

More efforts will be made to conduct in-depth research on the country's major projects and decisions so as to offer better advice for the construction of a modern socialist country, Hao Mingjin, chairman of the Central Committee of the China National Democratic Construction Association, said on Sunday.

China has continued reforms to develop the socialist market economy and struck a proper balance between the government and the market, enabling the market to play a decisive role in resource allocation and the government to better play its role, said the report.

Having upheld and improved its basic socialist economic systems, the country has worked unswervingly both to consolidate and develop the public sector and to encourage, support and guide the development of the non-public sector, it said.

In October, the 20th National Congress of the Communist Party of China determined that the coming five years will be crucial for getting the country's efforts to build a modern socialist country in all respects off to a good start.

The country has continuously fulfilled its WTO commitments, improved its socialist market economy and legal framework, expanded high-level institutional opening-up, enhanced policy transparency and actively participated in WTO reform negotiations and activities, the ministry added.

His major field of research included comparative economic history, China's macroeconomic issues and socialist political economy.

While facing pressures and challenges from a gloomy global outlook, slowing external demand and a weak property sector, China will be able to buffer headwinds and post notable growth this year, making a good start for building a modern socialist country in all respects, officials and analysts said.

As a pilot demonstration area of socialism with Chinese characteristics, the city is expected to make a substantial contribution to exploring a new approach to building a modern socialist country in all respects.

Yang Weimin, a member of the Standing Committee of the Chinese People's Political Consultative Conference and deputy director of the Committee for Economic Affairs of the CPPCC National Committee, noted that the report examines the development of cities from the perspective of international engagement as China continues its efforts to build a modern socialist country and advance high-level opening-up.

High-quality development has been made the top priority in Shanghai's business work for 2023, in line with the nation's goal of building a modern socialist country, according to official sources.

Having shown such resilience despite COVID-19 outbreaks, China's economy is expected to achieve average annual growth of above 4 percent through 2035, as innovation powers the country's modernization drive under the guidance of Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era.

As China is expected to gradually overcome COVID-19 disruptions, the focus is shifting to how the nation will boost growth in a new year of its journey to build a modern socialist country in all respects, tackling growth challenges such as demographic changes, a real estate slowdown and a harsher external environment.

Vice-Premier Liu He said in a speech at the World Economic Forum's annual meeting in Davos, Switzerland, on Tuesday that China "must always make establishing a socialist market economy the direction of our reform.

"The 15 laws, which have been made to optimize the district's business environment, improve its urban governance, promote industrial upgrading, encourage independent innovation and develop green ecology, and adhere to the mission of leading in making Pudong a pioneer of socialist modernization," Mo Fuchun, deputy director of the Standing Committee of the Shanghai People's Congress, the city's legislature, said during a media briefing over the weekend.

"As the pioneer of Chinese-style modernization, Shanghai is benchmarked against other cities to continue its experiments in opening-up, including turning Pudong into a pioneer of socialist modernization," Gong said.

The country will promote the construction of a high-level socialist market economic system and advance high-level opening-up, while making solid progress on implementing major regional and urban-rural strategic plans to ensure people's wellbeing.

Experts at the webinar acknowledged that China is playing a growing role in driving global development and cooperation, as it strives to create new opportunities for the world with its own development on its journey to build a modern socialist country in all respects.

In general, the private economy has become an increasingly indispensable part of China's economy and society, and plays an important role in the development of the socialist market economy and high-quality economic development.

Wei also said the government's adoption of rules and institutions to correct behaviors and management that hinder the healthy development of the socialist market economy, will also be a key to the high-level opening-up of China in the next phase.

As we embark on a new journey to build China into a modern socialist country in all respects, the country is expected to promote free flows of goods, services, resources and other production factors at a higher level, advance institutional opening-up with higher standards, and push for more openness in the world regarding innovations.

China is expected to comprehensively deepen reforms in sectors including State-owned enterprises, competition policy, industrial subsidies, intellectual property rights and environmental standards, to build a high-level socialist market economic system and a new economic system with high-level openness.

High-quality development is the top priority of building a modern socialist country in all respects, said Kuang Xianming, deputy head of the Hainan-based China Institute for Reform and Development.

Liu Xinghua, director of the Chinese Center for Economic and Financial Studies of the China Institute for Innovation and Development Strategy, stressed the need to build a high-standard socialist market economy and improve the efficient technological innovation system to further stimulate the vitality of the economy through deepening reform and opening-up.

The blueprint vows to fully and faithfully apply the new development philosophy on all fronts, continue reforms to develop the socialist market economy, promote high-standard opening-up, and accelerate efforts to foster a new pattern of development that is focused on the domestic economy and features positive interplay between domestic and international economic flows.

The regulation clarifies the role of self-employed businesses in the socialist market economy and the basic principles for promoting their development, and promises to simplify administrative procedures and improve the business environment to create favorable conditions for the healthy development of such businesses.

Underscoring high-quality development as the foremost task for building a modern socialist country in all aspects, the report has further highlighted the significance of development quality in the long term and on all fronts, said Mu, who is also deputy head of the National Development and Reform Commission.

The report delivered by Xi on Oct 16 is seen as China's blueprint for building a modern socialist country in all respects for the next five years and beyond.

The report also called for efforts to build a high-standard socialist market economy, advance rural vitalization across the board, promote coordinated regional development and advance high-standard opening-up, Mu said.

The report has underscored high-quality development as the first and foremost task for building a modern socialist country in all aspects, further highlighting the significance of development quality in the long term and on all fronts, said Mu Hong, deputy head of the National Development and Reform Commission.

In pursuing high-quality development, the report also called for efforts to build a high-standard socialist market economy, advance rural vitalization across the board, promote coordinated regional development and advance high-standard opening-up, he said.

The Congress, which will open in Beijing on Sunday, will be closely followed as it will set out national economic policy objectives for a period that is critical for China to achieve the goal of building a modern socialist country and realizing national rejuvenation.

Shanghai has achieved a high quality development in its industrial economy in the past decade with the city's total industrial output value exceeding 4 trillion yuan ($574.7 billion) in 2021, laying a solid foundation for transforming the eastern city into a socialist, modern, and international metropolis with global influence, official said on Wednesday.

He highlighted the importance of promoting core socialist values and fostering awareness of civility among netizens, as well as a closer combination of governance and civility improvement in cyberspace.

To achieve this, Bai said that the nation is insisting on a socialist market economy in which public ownership plays the leading role alongside other forms of ownership, to allow some people to get rich first and help others get rich later.

Policies fostering innovation and facilitating trade have taken shape in the Pudong New Area, which was allocated as a "pioneering area for socialist modernization" last year, after it celebrated the 30th anniversary of its opening-up in 2020.

He stressed other measures like accelerating establishment of a unified national domestic market and enhancing the socialist market economy can boost high-quality development of the trade sector.

"We are going to further expand the depth of fashion consumption, solidify the thickness of the consumption, optimize the supply variety of the consumption, elevate the business reputation of the consumption… to transform Shanghai into a socialist modern international metropolis with international influence," said Gong Zheng, mayor of Shanghai, at the opening ceremony of the shopping festival.

The plan specifies that the Baoshan district will be built into an important part of a socialist international metropolis with world influence and a gateway hub of world-class urban agglomeration in the Yangtze River Delta region.