What does the 20th CPC National Congress mean to world economy?

BEIJING: During the weeklong 20th National Congress of the Communist Party of China (CPC), which wrapped up in the capital Beijing last Saturday, a blueprint for the East Asian country’s future development has been mapped out.

As the world economy faces various crises this year and probably tougher prospects in the next, China’s economic outlook carries global significance. Voicing their confidence in the nation’s future expansion, various business communities believe that China’s modernization drive and innovation-driven growth would inject more certainty into the global economy.

Quality development benefits all

China will accelerate creating a new development plan and pursue high-quality development, said President Xi Jinping, also the general secretary of the CPC Central Committee, during his report to the congress.

“We must…



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