11月5日早间英文播报：Development pattern switch called strategic

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Xi Jinping, general secretary of theCommunist Party of China Central Committee, delivers an important speech at theFifth Plenary Session of the 19th Central Committee of the CPC, which concludedin Beijing on Oct 29, 2020. [Photo/Xinhua]

Xielaborates on drafting proposals for formulation of the 14th Five-Year Plan

Shaping the new development pattern of"dual circulation" in the five-year period starting in 2021 isChina's "strategic choice" in improving its socioeconomic growth andfostering new strengths in international economic cooperation and competition,President Xi Jinping said.

Xi, who is also general secretary of theCommunist Party of China Central Committee, made the remark when elaborating onthe proposals for the formulation of the 14th Five-Year Plan (2021-25) forNational Economic and Social Development and the Long-Range Objectives Throughthe Year 2035 at the Fifth Plenary Session of the 19th CPC Central Committee,which was held last week.

In his speech, which was made public onTuesday, Xi said building the new development pattern calls for expanding thedomestic market and deepening supply-side structural reforms so that thedomestic market will become the main source of demand.

However, he stressed that the pattern is byno means closed domestic circulation but open "dual circulation" withthe domestic market as the mainstay while the domestic and internationalmarkets complement each other.

Shaping a huge and efficient domesticeconomy will help attract global resources and production factors to meetdomestic demand, raise the level of the country's industrial and technologicaldevelopment, and ultimately contribute to creating new strengths ininternational economic cooperation and competition, he added.

Xi explained that China's decision to buildthe new development pattern comes as a result of changes in the global politicaland economic climate, which are characterized by rising anti-globalization andmounting unilateralism and protectionism in some countries.

Under such circumstances, China'sdevelopment must depend more on its domestic market, he added.

Xi underlined the need to push forhigh-quality growth during the 14th Five-Year Plan, and called it a"scientific judgment" made in line with the changes in China's stageof development, as well as its environment and conditions.

China remains and will, in the long term,stay at the primary stage of socialism, Xi said, adding that it is still one ofthe biggest developing countries in the world, and development remains the toppriority of the Party in governing the country.

He said the main problems in China'sdevelopment in the new era are focused on the quality of growth and emphasizedthat efforts must be made to improve the quality and efficiency of thecountry's development.

Given the complex external environment, hesaid, the key to preventing and defusing risks and dealing with the externalchallenges is to "manage our own business", as well as improve thecountry's development quality and international competitiveness.

Xi called for concrete efforts to promotereforms in development quality, efficiency and driving forces to enable moredevelopment benefits to be delivered to all people and to meet people'saspirations to live a better life.

Noting that unbalanced and inadequatedevelopment remains a prominent problem in China, Xi stressed the importance ofpromoting common prosperity among all the people in the mid-and long-termdevelopment blueprint.

He warned that at present and in theforeseeable future, China will have to face increasing risks. He called forcoordinating development and security, and strengthening the awareness of bothopportunities and risks and taking effective steps to cope with various risksand challenges on the way to advancing the country's modernization drive.

Xi told the meeting's participants that theCPC Central Committee will announce victory in completing the building of amoderately prosperous society in all respects after conducting a systematicassessment of China's overall development in the first half of 2021.

The full text of the proposals of the CPCCentral Committee on the country's mid-and long-term development blueprint,adopted by last week's Party meeting, was released on Tuesday.

The document comprises 15 chapters, layingout the guiding principles, development goals and policy directions for China'sdevelopment in the next five years as well as the targets for 2035. It alsoidentifies the key tasks in areas including technological innovation,industrial development, rural vitalization, regional development and opening-up.

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记者：曹德胜

播报：AndrewPasek

音频编辑：万月英

原文链接：

http://www.chinadaily.com.cn/a/202011/04/WS5fa1e5b9a31024ad0ba82e24.html