One of the key points Chinese President Xi Jinping made in his report to the 20th National Congress of the Communist Party of China was regarding the path forward for economic growth and modernization. Xi urged advancing reform and expanding opening up, but he also balanced this sentiment by noting that a key goal is to ensure that China is more self-sufficient in the future in areas ranging from food and energy production to technology and green industry.
A big question on the minds of businesses, investors and global leaders in the lead-up to the Party congress was “Where does the Chinese economy go from here?” While there is no easy answer to
