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CPC Opens 19th National Congress of China

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CPC Opens 19th National Congress of China

  • 2017-12-08

Our President Xi Jinping delivers a report to the 19th National Congress of the Communist Party of China (CPC) on behalf of the 18th Central Committee of the CPC at the Great Hall of the People in Beijing, capital of China, Oct. 18, 2017. The CPC opened the 19th National Congress at the Great Hall of the People Wednesday morning.

The theme of the Congress

Remain true to our original aspiration and keep our mission firmly in mind, hold high the banner of socialism with Chinese characteristics, secure a decisive victory in building a moderately prosperous society in all respects, strive for the great success of socialism with Chinese characteristics for a new era, and work tirelessly to realize the Chinese Dream of national rejuvenation.

As mentioned in the report, about China’s ECONOMY and OPENING UP:

ECONOMY

China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development.

In developing a modernized economy, the country must focus on the real economy. China will support state capital in becoming stronger, doing better, and growing bigger, turn Chinese enterprises into world-class, globally competitive firms.

China will leverage the fundamental role of consumption in promoting economic growth and improve the framework of regulation underpinned by monetary policy and macro-prudential policy, and see that interest rates and exchange rates become more market-based.

OPENING UP

China will not close its door to the world; it will only become more and more open.

China will implement the system of pre-establishment national treatment plus a negative list across the board.

China will significantly ease market access and protect the legitimate rights and interests of foreign investors.