Professor Wu then briefly reviewed China’s economic achievements in the past 30 years. “If the current success of China’s economic development stemmed from planned to market economy reform, then to a great extent, the future success would be determined and driven by a reform from government-led market economy towards a market economy based on the rule of law. This transition, along with its relevant social transformation, has no existing example to follow. This is one of the fundamental problems facing the future of our country, which in the end needs to be resolved by us,” Professor Wu pointed out.
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