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What does the new stage of socialism with Chinese characteristics mean?
CGTN

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China has reached a new historic starting point, and socialism with Chinese characteristics has entered a new stage.
 -  Chinese President Xi Jinping

Since the 18th Communist Party of China (CPC) National Congress in 2012, based on the great achievements made after the founding of the People's Republic of China in 1949, and especially after the launch of the reform and opening-up policy in 1978, China has reached a new historic starting point, and socialism with Chinese characteristics has entered a new stage. This demonstrates that we are moving on from the first to the second of the Two Centenary Goals. Prospects are looking bright for our tasks of achieving moderate prosperity in all respects, accelerating the drive for socialist modernization, and realizing national rejuvenation, and they are also placing a demand on us for more efforts.

On this new journey, all our Party members must keep abreast with new requirements of the new era, improve our capacity for strategic, innovative and dialectical thinking, bear in mind the rule of law and our principles, take a holistic, forward-looking and innovative approach to work, and better understand the changing domestic and international situation. 

We must put into practice the Party's theories, guidelines, principles and policies - especially the guidelines, development strategies and policy measures established at the 19th CPC National Congress, promote the great cause of socialism with Chinese characteristics and the great project of strengthening the Party, and unite all the Chinese people and lead them to strive for a moderately prosperous society and a modern socialist country in all respects.

We should fully understand the new requirements of socialism with Chinese characteristics in the new era, and constantly strengthen all undertakings of the Party and the state. This new era will have an important historic bearing on China's future.

(Source: Extract from Xi Jinping's speech at the First Plenary Session of the 19th CPC Central Committee, October 25, 2017.)

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