CGTN: Challenges, Goals and Proposals From Communique of China’s Ruling Party Plenum
BEIJING–(BUSINESS WIRE)–The 19th Central Committee of the Communist Party of China (CPC) concluded its fifth plenary session in Beijing on Thursday with the release of a communique.
The 14th Five-Year Plan (FYP) (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 are the key topics of the communique.
This year is the final year of China’s 13th FYP period (2016-2020) and the communique highlighted that the implementation of the 13th FYP has been smooth.
By adhering to the new development concept and unswervingly advancing reform and opening-up, great achievements have been made since the fourth plenary session, the communique said.
During the past year, China has deepened supply-side reform, enhanced macro-economic regulation and expanded domestic demand as the strategic foundation.
During the 13th FYP period, which is coming to an end in 2020, China has made great progress with stable economic growth and better economic structure, the communique said, noting China’s GDP is expected to surpass the 100 trillion yuan ($14.9 trillion) mark in 2020.
China has built the world’s largest social security system in the 13th FYP period, the communique said, adding that the country’s basic medical insurance has covered over 1.3 billion people, and basic old-age insurance has covered nearly 1 billion people.
As for the fight against the COVID-19 pandemic, the whole country coordinated the prevention and control work with economic and social development and put people’s safety and health first.