国内英语资讯:China Focus: China moves toward great modern socialist country_时事

国内英语资讯:China Focus: China moves toward great modern socialist country

The reform of Party and state institutions sent a strong signal that China will carry out reforms to the end.

FOCUSING ON HIGH-QUALITY DEVELOPMENT

After the 19th CPC National Congress, China placed more weight on transforming its growth model and improving its economic structure through development and reform.

After the congress, Xi made many inspection tours to learn about innovation and ecological conservation, drawing blueprints for implementing the new development concept and promoting high-quality development.

In the past year, China pursued supply-side structural reform as its main task, supported by innovation-driven and coordinated regional development, as well as opening-up on all fronts.

In the first half of the year, consumption contributed to 78.5 percent of the country's economic growth, indicating a comprehensive improvement and upgrade in economic structure.

A landscape of opening-up on all fronts is taking shape as the Belt and Road Initiative enters its fifth year, the Guangdong-Hong Kong-Macao Greater Bay Area gets ready for development, and the first China International Import Expo will open soon.

In the past year, deepening reform in all areas has provided a set of systems and mechanisms to ensure high-quality development. Reform in state-owned enterprises has steadily advanced, and breakthroughs were made in sectors including taxation, finance and social security.