The first session of the Third National People's Congress held from the end of 1964 to the beginning of 1965 put forward the grand goal of "four modernizations" and announced that the task of adjusting the national economy had been basically completed. The main task of developing the national economy in the future is to build China into a powerful socialist country with modern agriculture, modern industry, modern national defense and modern science and technology in a relatively short historical period.
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In the economic sense, it is basically equivalent to industrialization and capitalization, emphasizing the separation of time and space, the formation of money and the establishment of expert systems, as well as the establishment of trust mechanisms behind these mechanisms.
With people's reflection on the disadvantages of modernization, the idea of equating modernization with development and progress is problematic. Modernization has its inherent disadvantages, such as over-exploitation of environmental resources and over-strengthening of labor by capital. Only on this basis, post-modern theory will appear, and Scientific Outlook on Development, who emphasized sustainable development, will put forward it.