Xi Plans to Turn China Into a Leading Global Power by 2050
- Once-in-five-year Communist Party gathering starts Wednesday
- China is ‘approaching the center of the world stage’: Xi
Xi Says Will Keep Growing at Medium to High Speed
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President Xi Jinping warned of “severe” challenges while laying out a road map to turn China into a leading global power by 2050, as he kicked off a twice-a-decade party gathering expected to cement his influence into the next decade.
In a speech that ran for more than three hours on Wednesday, Xi declared victory over “many difficult, long overdue problems” since he took power in 2012. He said China would continue opening its doors to foreign businesses, defend against systemic risks, deepen state-run enterprise reform, strengthen financial sector regulation and better coordinate fiscal and monetary policy.