ABSTRACT
The Decision of the CPC Central Committee on Several Issues Concerning Improving the Socialist Market Economic System proposed to further improve the socialist market economy and to make overall plans for a coordinated development of urban and rural areas among regions of the economy and society, a harmonious development between man and nature, as well as a coordinated development at home and abroad. To sum up, it is to adopt a new outlook on development so as to achieve comprehensive, coordinated, and sustainable development. Both national and local construction should adhere to the principle of a coordinated development of economy and society. In the eastern coastal areas and some large and medium-sized cities, most of them have proposed to take the lead in realizing modernization and in building a moderately prosperous society in all respects, and set off with great intensity and urgency.
