The 19th Central Committee of the Communist Party of China(CPC)adopted proposals for formulating the 14th Five-Year Plan(2020-2025)for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 at its fifth plenary session held on October 29,2020.Collectively,the proposals serve to chart the course for China’s development over the next five years and set a long-range goal of building China into a modern socialist country by 2035.Specifically,by 2035,China will see substantial growth in economic and technological strength as well as composite national strength,its per capita GDP will reach the level of a moderately developed country,its people will embrace higher living standards,and notable and substantial progress will be made in promoting well-rounded human development and achieving common prosperity for everyone.