To ensure long-term prosperity, China will concentrate on innovation, and further reforms and opening up, while working to ensure a stable global order. For the nearer term, Beijing plans to focus on stability with practical macro policies to solve current problems and anticipated challenges.
Xi Jinping’s new hand-picked team to run China for the next five years and beyond is relatively young and will have to tackle many daunting challenges ahead, and that means it must continue to reform and engage proactively with the rest of the world.
President not only praises the achievements of the past 10 years at Communist Party’s national congress but more importantly outlines his blueprint for turning the country into a leading global power by mid-century.