China stands at new starting line in 2016

As the new year begins, China, the world’s second largest economy, stands at a new starting line.

A meeting of the Communist Party of China (CPC) in late October set out an inspiring development proposal for the 13th Five-Year Plan period (2016-2020).

The blueprint is mapped out for the last five years for China to accomplish its first centenary goal of building a moderately prosperous society.

In 2016, the government is expected to lift more people out of poverty, with President Xi Jinping making poverty eradication the top of concern in his New Year speech.

On economy, China is expected to keep economic growth in a reasonable range. The country also pays more attention to structural reforms on the supply side as part of its innovative, coordinated, green, open and shared development model this year.

Meanwhile, the country will continue to open its doors to the outside world, as the leadership has always promised.

While the Party and the government will further promote social equity and justice, and build a clean political atmosphere in this vital year.

In the process of pursuing those goals, challenges exist, but confidence will prevail. This confidence comes from past achievements.

Just looking back to 2015, economic growth remained among the fastest in the world and reforms were in full swing.

On the diplomatic front, a series of global initiatives with Chinese characteristics were lauded worldwide in 2015, such as the Silk Road Economic Belt and the 21st Century Maritime Silk Road and the Asian Infrastructure Investment Bank.

It is expected that China, in 2016, will continue to advocate the notion of win-win cooperation in the international arena, by strengthening ties with major countries, sparing no efforts to promote cooperation with developing countries and implementing neighborhood diplomacy, which features “amity, sincerity, mutual benefit and inclusiveness”.

Just as President Xi said in his New Year address, quote “By turning antagonism into synergy, hostility into friendship, together we will forge a community of shared destiny for all humankind.”

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