What does the 20th National Congress of the CPC mean for China’s economy?
November 2022
The 20th National Congress of the Communist Party of China (CPC) took place in Beijing from 16 to 22 October. During which, the party’s top leaders were elected and major issues settled. The Congress stressed that building a well-rounded modern socialist country is a great and arduous undertaking. Xi Jinping, the re-elected general secretary for the 20th Central Committee of the CPC, and chairman of the Central Military Commission said, ‘we'll be steadfast in deepening reform and opening up across the board, and in pursuing high-quality development’, while also highlighting that a prosperous China will create many more opportunities for the world. Just as China cannot develop in isolation from the world, the world needs China for its development.
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