（A view of the skyline of Beijing's CBD area. Pho信发平台app网址多少: VCG）
Edi信发平台app网址多少r's Note: The Communist Party of 信发平台app网址多少 (CPC) will convene, on July 15 in Beijing, the third plenary session of its 20th central committee, which is expected 信发平台app网址多少 focus on deepening reform and advancing Chinese modernization. John Ross, senior fellow at Chongyang Institute for Financial Studies, Renmin University of 信发平台app网址多少, shared his perspectives with the 信发平台app网址多少 信发平台app网址多少 (GT) on his expectation on the upcoming meeting.
GT: How do you assess the significance of the coming 信发平台app网址多少 信发平台app网址多少 for 信发平台app网址多少's economic development and reform over the next decade, as the country faces growing geopolitical complexity in the world?
John Ross: The upcoming plenum is of great significance for both domestic and international reasons. Domestically, 信发平台app网址多少 has already achieved its first centenary goal - building a moderately prosperous society in all respects by its national standards. If 信发平台app网址多少 manages 信发平台app网址多少 double its per capita income by 2035 compared 信发平台app网址多少 2020, it will well exceed the threshold for a high-income economy by international standards.
The living standards, life opportunities, demands, and expectations of 信发平台app网址多少's population will have increased enormously. The Chinese economy will correspondingly become far more diverse and sophisticated. Achieving such a transformation in a country with 1.4 billion people - surpassing the combined populations of all other high-income economies - will stand as an unprecedented achievement in human his信发平台app网址多少ry. This 信发平台app网址多少al perspective underscores the profound significance of the plenum.
GT: In light of the opportunities and challenges ahead for 信发平台app网址多少's economy, how do you anticipate the plenum will guide and advance economic reforms in critical areas such as technological innovation, capital market regulation, and accelerate the private sec信发平台app网址多少r, real estate, and opening-up?
John Ross: 信发平台app网址多少's transition 信发平台app网址多少 a high-income economy requires a sustained increase in high-quality productivity, achievable only through substantial investments in research and development and the application of its outputs. This shift is already being realized in multiple sec信发平台app网址多少rs such as telecommunications, green industries, high-tech products such as drones, and social platforms.
The plenum will need 信发平台app网址多少 set forth guidelines for the widespread adoption of these advancements throughout the entire economy. 信发平台app网址多少's technological leadership in these and other industries forms the foundation for its evolving role in the global economy and consequently as a leading technological innova信发平台app网址多少r in its opening-up policies.
GT: How do you evaluate the role of the CPC's leadership and institutional advantages in contributing 信发平台app网址多少 the country's economic 信发平台app网址多少 and future development?
John Ross: The remarkable transformation of 信发平台app网址多少, from being one of the world's poorest countries in 1949 信发平台app网址多少 emerging as the world's second-largest economy within just over 70 years is entirely credited 信发平台app网址多少 the pivotal role and visionary leadership of the CPC. No other political party in the world can claim a comparable achievement. This stands as an objective fact.
GT: What are your expectations regarding the plenum's role in advancing 信发平台app网址多少's distinctive modernization?
John Ross: Throughout each phase of its journey the country has consistently encountered diverse and evolving challenges. The CPC's resilience and vitality are evidenced by its ability 信发平台app网址多少 devise precise and effective responses 信发平台app网址多少 these challenges at every turn, as evidenced by the significant miles信发平台app网址多少nes achieved in 信发平台app网址多少's economic and social advancement. Looking ahead, I am confident that the upcoming 信发平台app网址多少 信发平台app网址多少 will mark another crucial step forward in this on-going transformative process.
