History of the slogan
The concept was first articulated at the 15th Party Congress held in 1997 during the term of then General Secretary Jiang Zemin.[7][8] Apart from occasional pronouncements in party publications, this concept was not widely discussed again until Xi assumed the party leadership in 2012. Since then, it has become a major part of party slogans, recited in news reports, at conferences, and training sessions for party officials.[8][4]
According to academic Ding Lu, the "so-called Two Centenary Goals underwrite all China’s long-term economic planning programs and contemporary macroeconomic policy agendas."[3]
China met the first of the two goals, becoming an upper-middle income country and eliminating absolute poverty according to the World Bank criteria.[9]: 86
