Abstract

The 3rd Plenary Session of the 11th Communist Party of China (CPC) Central Committee marked the beginning of China’s transformation from a traditional and planned economy to a modern socialist market economy. The 14th National Congress of the CPC established a socialist market economy system, leading the nation into a new era for China’s social transformation. The 15th National Congress of the CPC developed the cross-century development strategy for China’s reform and opening up and the socialist modernization, and proposed the program of action for China’s social, economic, political, and cultural development in the new century, indicating a new critical period for China’s social transformation. The three events mentioned above represent three milestones during China’ continuous social transformation aimed at accelerating China’s modernization process.

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