Xi urges continued focus on real economy in pursuing growth
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."