This document should be the Articles of Confederation
Factory production was greatly improved by standardized parts and assembly line production; true
It failed because China is a land of the proletariat and the ruling party is a communist one while the fifth modernization was about introducing democracy. Since the party represents the working class and the will of the people in theory, democracy is against it since it would enable those who are against the party to also compete which would in theory mean that they are against the people.
William McKinley was the 25th president