On October 16, the 20th National Congress of the Communist Party of China (CPC) opened in Beijing to worldwide attention. Over the past 10 years, China's economic performance has been remarkable. It has accomplished the historic task of poverty alleviation and building a moderately prosperous society in all respects while maintaining both quantitative and qualitative economic growth. In the future, more emphasis should be placed on China's high-level socialist market economy, building a modern industrial system, comprehensively promoting rural vitalization, coordinating regional development and advancing high-level opening-up. In this episode of BizBeat, CGTN's Zheng Junfeng explains.