This year's report said socialism with Chinese characteristics had entered a new era, and it drew up a two-stage development plan to build China into a "great modern socialist country" by mid-21st century.

今年的报告指出，中国特色社会主义进入了新时代，并提出分为两个阶段的发展规划，到21世纪中叶把中国建设成为“社会主义现代化强国”。

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People are also more urgent to the knowledge demand along with socialist system speed quickening and era of knowledge economy arrival.

随着社会变革速度的加快，知识经济时代的到来，人们对知识的需求也更加迫切。

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But analysts say foreign direct investment is hampered by high corporate taxes and a legacy of socialist-era policies and bureaucracy.

VOA: standard.2009.11.09