Li Min/China Daily
In his July 1 landmark speech to mark the 100th anniversary of the founding of the Communist Party of China, President Xi Jinping, also general secretary of the CPC Central Committee, said: “We have overcome a long list of major risks and challenges, fulfilled the first centenary goal, and set out strategic steps for achieving the second centenary goal.”
The CPC is committed to building China into a great, modern, socialist country by 2050, while 2049 will mark the 100th year of the founding of the People’s Republic, and its progress toward this goal will have a major impact on the economic prospects of the rest of the world.
During the 100 years of its existence, the CPC’s overall emphasis has been on rebuilding and transforming China. The second half of the last hundred years bore the final fruits of the efforts taken in the previous decades. After the launch of reform…