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China's state sector continues to play a dominant role in the economy, with social objectives taking precedence over profit.
China's annual 'two sessions' are ongoing, where economic policy is being outlined for the coming year. China has met or exceeded 86% of the targets set in its 'Made in China 2025' and 14th five-year plan.
China's economy is now driven by technological investments, and labor productivity is higher than in the US and Japan.
https://socialistchina.org/2025/03/12/in-china-profit-does-not-rule-social-objectives-do/
Friends of Socialist China · In China, profit does not rule, social objectives do - Friends of Socialist ChinaWhile we don’t agree with the author’s characterisation of the Chinese People’s Political Consultative Conference and the National People’s Congress (on which issue readers may be interested in this article by Roland Boer), the article below offers very useful insights into China’s economic policy and performance. The article notes that China’s GDP (measured in international market … Continue reading In China, profit does not rule, social objectives do