Modernized economy is a window of opportunity

Following the Communist Party of China's landmark 19th National Congress in October, diligent efforts have been made to put into action the blueprint presented by General Secretary of the CPC Central Committee Xi Jinping to guide the country's development on every front. In the economic sector, the focus is on achieving high quality growth and building a modernized economy.

The goal of building a modernized economy was discussed by the members of the Political Bureau of the 19th CPC Central Committee last Tuesday, at which Xi stressed the importance and difficulty of developing a modernized economy, calling on the whole Party to have "a good grasp of the goals and priorities of this task".

Developing a modernized economy is imperative if the country is to realize the shift of the development mode and economic structure for more sustainable development and take the initiative in international competition.