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Xi Jinping stresses on new development model

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The latest issue of the Chinese magazine Chao Xi, published on April 16, released an article by Chinese President Xi Jinping on the construction of a new development model. In this article, Xi Jinping stressed the need to accelerate the construction of a new development model.

Xi said in the article that the rigidity and complexity of 1.4 billion people entering modern society at once is a thing of the past. We must take the initiative of development into our own hands. China is a huge economic community. The economic cycle can and must be completed. Facts have proved that accelerating the construction of a new development model is a strategic arrangement to initiate future development.

Xi said in the article that the construction of a new development model should pay attention to two aspects. First, the existing weaknesses in the Chinese business chain and supply chain should be more targeted. Second, the internal driving force of the domestic macro cycle. Strengthening credibility and promoting the attraction and encouragement of the international cycle.

(Credits-China Media Group, Beijing)

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