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Xi urges continued focus on real economy in pursuing growth
Updated 16:59, 16-Oct-2022
CGTN
02:51

China must continue to focus on the real economy in pursuing economic growth, Xi Jinping said on Sunday at the opening session of the 20th National Congress of the Communist Party of China.

The industrial system will be modernized, with measures to advance new industrialization and boost China's strength in manufacturing, product quality, aerospace, transportation, cyberspace and digital development, Xi said.

Efforts will be made to build a high-standard socialist market economy, Xi said. "We will work to see that the market plays the decisive role in resource allocation and that the government better plays its role."

To advance rural revitalization across the board, China will continue to put agricultural and rural development first, consolidate and expand achievements in poverty alleviation, and reinforce the foundations for food security on all fronts.

China will thoroughly implement the coordinated regional development strategy, major regional strategies, the functional zoning strategy and the new urbanization strategy, Xi said.

High-standard opening-up will also be promoted. China will steadily expand institutional opening up with regard to rules, regulations, management and standards, accelerate the transformation into a trader of quality, and promote the high-quality development of the Belt and Road Initiative, Xi said.

(Cover: Workers are seen at a specialized robots production workshop at the Tangshan Hi-tech Industrial Development Zone in Tangshan City, north China's Hebei Province, April 29, 2020. /Xinhua)

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