This book elaborates on how China’s previous leaders established, consolidated, developed and improved China’s basic modern governance system. It also explores and discusses how to correctly, objectively and scientifically perceive, evaluate and promote the modernization of China’s state governance and its capacity. Using detailed and accurate data and extensive background information, this book analyzes the changing history and future perspectives of the relationship between China’s government and the market, state-owned economy and private economy. Covering an extensive timespan, this comprehensive book includes contributions from Chinese scholars specialized in contemporary China studies discussing the major breakthroughs and decision-making consultations in Chinese development strategies. It also offers insights into the research mechanism and development levels of Chinese think tanks based at research institutes. Last but not least, it sheds light on the democratic advances in the Chinese decision-making process.