Friday, December 8, 2017

Xinhua — Xi stresses new concepts to guide economic work in 2018

The essential feature of the economy at the present stage is that it is in a transitional period from a phase of rapid growth to a stage of high-quality development, Xi said. 
He said from the present through the coming period, high-quality development is the fundamental requirement in determining development ideas, formulating economic policies and implementing macro-control measures.
"Achieving high-quality development is imperative for China to maintain sustainable and healthy development of the economy and society," Xi said.
According to Xi, the year 2018 is the first year in implementing the development blueprint outlined at the 19th CPC National Congress, and also a crucial year in carrying out the 13th Five-Year Plan (2016-2020).
"Economic work should implement new concepts, focus on new targets and put into practice new arrangements so as to lay a solid material foundation for the building of a moderately prosperous society in all respects by 2020," he said....
Members of non-Communist parties, All-China Federation of Industry and Commerce and those without party affiliations have submitted more than 80 opinions and suggestions during the past year, covering important topics including the Belt and Road Initiative as well as improvement of the real economy.
Xi said he hopes they can also contribute to the goals and tasks set at the 19th CPC National Congress, carry out deep investigations and research, and provide advice to resolve conflicts while also improving themselves....
Ecns
Xi stresses new concepts to guide economic work in 2018
CGTN

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