Resolve for high-quality growth tops the agenda

Tenacity is the term President Xi Jinping used in his keynote speech at the Central Economic Work Conference on Friday to emphasize how China's economy can maintain its momentum. And despite the risks and uncertainties the Chinese economy faces at home and abroad, the conference said the prospects of better quality economic development and social progress are high.

The economic situation at home and abroad could not have been more complicated and difficult. The trade frictions with the United States, drop in commodity prices and slower global growth among others have taken a toll on the economic growth of many countries including China.

That China has maintained healthy economic growth has helped it to cope with the external challenges, realize the goals of macro-regulation relatively well, and make excellent progress in the battles against major risks, poverty and pollution.