China Seeks to Become a ‘Socialist Country’ by 2050

China is reaching a crucial moment in its long development. The world’s most populated country, now the second largest economy on the planet, with an urban population enjoying living standards of the kind never seen by their ancestors, is also burdened with huge social and environmental problems, and inequalities so wide that they could end up undermining the very legitimacy of the CPC, which has been ruling the People’s Republic since 1949 and relies on economic progress to justify remaining in power.

Conscious that it needs to tackle these deep-seated problems if it wants the country’s development to be balanced and sustainable, Beijing has set a date, 2050, and has established a work programme to become the “socialist society” that the party promised when it was founded in 1921.

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