Developing a Modernized Economy
“Developing a modernized economy,” first stated by General Secretary Xi Jinping in his report to the 19th CPC National Congress, is a strategic goal for China’s development. It is imperative for China to transform its economic growth model, improve its economic structure and foster new drivers for growth.
Xi has clarified the methods to build a modernized economy: focus on the real economy, accelerate innovation-driven development, promote coordinated urban-rural development, enhance the open economy and deepen economic reforms.