China to accelerate creating new development pattern, pursue high-quality development
Xi Jinping delivered a report to the 20th National Congress of the Communist Party of China (CPC) on behalf of the 19th CPC Central Committee at the Great Hall of the People in Beijing, capital of China, Oct. 16, 2022.
"To build a modern socialist country in all respects, we must, first and foremost, pursue high-quality development," Xi said in a report at the opening session of the 20th National Congress of the Communist Party of China.
"We must fully and faithfully apply the new development philosophy on all fronts, continue reforms to develop the socialist market economy, promote high-standard opening up, and accelerate efforts to foster a new pattern of development that is focused on the domestic economy and features positive interplay between domestic and international economic flows," 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," Xi said.