Releasing growth potential

Development and opening-up must be well coordinated to boost domestic demand and adjust the economic structure

Economic transformation and structural readjustment have become the international trend as the world enters a period of great changes and great adjustments. Since the Chinese economy is closely integrated into the world economy it is necessary to constantly improve the development level of our country's open economy when we advance modernization under the background of economic globalization, regional economic integration and trade liberalization. While taking into full consideration both domestic and international conditions, we should accelerate the change of the growth pattern and economic restructuring through opening our economy wider.

The most important part of economic restructuring is to boost domestic demand, a strategic base underpinning our country's social and economic development.