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China's Third Plenum Sets Course for Unique Modernisation Path

President Xi Jinping outlines long-term economic vision focusing on self-reliance and high-quality growth amid pressing domestic challenges.

  • The Third Plenum is a pivotal political meeting that sets China's agenda for the next few years.
  • China's modernisation model emphasizes state and private collaboration, leveraging historical context.
  • Key reforms discussed include local government roles, land reforms, and the household registration system.
  • China faces significant challenges such as a housing market slump, youth unemployment, and an ageing population.
  • Technological advancement and self-sufficiency are central to China's strategy against global trade tensions.
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