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China kicks off 19th Central Committee of Communist Party of China joined by major political leaders

2020-10-27 14 Dailymotion

中 수뇌부 '5중 전회' 총출동..."미국 넘을 묘책 찾나?"<br /><br />China's leaders have assembled in Beijing to formulate an economic blueprint for the next five years.<br />It is thought their main agenda item is ways to tackle the diplomatic and economic pressure the U.S. is piling on China.<br />Kim Hyo-sun reports.<br />China on Monday kicked off its 19th Central Committee of the Communist Party of China in Beijing.<br />To take part in the four-day closed door meeting,... top government officials, including President Xi Jinping and Premier Li Keqiang, gathered in Beijing.<br />On the first day,... President Xi, general secretary of the CPC Central Committee, delivered a work report.<br />The main agenda item was how to counter Washington's continued pressure on Beijing.<br />Pundits believe this session will widely focus on building the country's so-called 'self-reliant' economy.<br />The committee will also be mapping out the country's 14th Five-Year Plan for Economic and Social Development as well as future targets for 2035.<br />Drawn up every five years since 1953, the plan is a major feature of China’s governance system,... setting growth targets as well as defining economic and social development policies to ensure national strategies keep pace with the times.<br />During the CPC National Congress in late 2017,... President Xi highlighted the importance of preparing for another journey forward, referring to the country's 13th Five-Year Plan, which ends this year.<br />"In this period, not only must we finish building a moderately prosperous society in all respects and achieve the first centenary goal; we must also build on this achievement to embark on a new journey toward the second centenary goal of fully building a modern socialist country."<br />The new Five-Year Plan is expected to lay out measures to nurture a new development pattern that makes the domestic market as the mainstay, while letting domestic and foreign markets boost each other.<br />The plan is also expected to focus on China's target of achieving over 5 percent annual growth.<br />Heavy investment is also planned for major industries including chips, AI and telecommunications technology.<br />Kim Hyo-sun, Arirang News.<br /><br />

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