China. Issues of Economic Modernization

Abstract

The article examines Xi Jinping’s views on the modernization of PRC’s economy, contained in the report to the Twentieth Congress of the CPC (October 2022) and covering a ten-year period since 2012, in which the historical task of eliminating poverty of 1.4 billion people in the socio-economic sphere was completed and the construction of a middleclass society in China (Xiaokan) was completed. In the author’s field of view, state development programs in the field of science, informatization, military-civilian integration, a large-scale leap in the qualitative development and building up of China’s economic and innovative potential, the problem of overcoming the country’s dependence on foreign technologies. The breadth of the approach to economic modernization is noted, including provisions on the coordinated development of material and spiritual culture, on “green” China, on China’s firm intention to continue modernization, following the path of peaceful development and mutually beneficial cooperation with the outside world with the ultimate goal of completing the construction of a modernized socialist power by 2035.