What does the Communiqué from the Third Plenary Session of the 18th CCP Central Committee Mean? Professor Chen Long Explains.

As the Third Plenary Session of the 18th Communist Party of China came to an end on Tuesday, Nov. 12, Chen Long, professor of finance and associate dean of alumni affairs at Cheung Kong Graduate School of Business, provided his insight into the implications of the communiqué for an article in The Times, saying, “Before this communiqué came out, we did not know the mission of this new Government or its capabilities, but they have sent a very clear message that this coming decade will be about aligning the whole economic environment of China with global norms. The reforms of 1978 changed the country forever, and we should see this as Chinese reform 2.0.”

Please read the entire article on The Times website.

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