Continued reform and opening-up of great significance

Editor's note: The connotations and conditions of the period of strategic opportunities to China has changed, and China needs to manage and control the uncertainties caused by a complex international environment, said Long Guoqiang, deputy head of the Development Research Center of the State Council, in a speech at a seminar in Beijing late last month. Excerpts:

The main challenges China faces are the fall of foreign demand for China exports, converging competition from both developed and developing economies and a fast aging society at home.

Yet the advancement of new technologies has provided China with a rare chance for leapfrog development.