NEW TARGET
Looking back at China's eventful modern history and looking to the future of the Chinese nation, Hu said a definite conclusion has been drawn: China must unswervingly follow the path of socialism with Chinese characteristics.
"An examination of both the current international and domestic environments shows that China remains in an important period of strategic opportunities for its development, a period in which much can be achieved," Hu said in the report.
Hu said China needs to have a correct understanding of the changing nature and conditions of this period, seize all opportunities, respond with cool-headedness to challenges, and gain initiative and advantages to win the future and attain the goal of completing the building of a moderately prosperous society in all respects by 2020.
By 2020, the country's 2010 GDP and per capita income for both urban and rural residents should be doubled, Hu said.
This is the first time that per capita income has been included in the economic growth target set for 2020. Previous targets set at the 16th and 17th CPC National Congress merely called for the growth of GDP, not of per capita income.
To complete the building of a moderately prosperous society, China must lose no time in deepening reform in key sectors and resolutely discard all notions and systems that hinder efforts to pursue development in a scientific way, Hu said.
In the process of strategic adjustment of the economic structure, China must firmly maintain the strategic focus of boosting domestic demand, speed up the establishment of a long-term mechanism for increasing consumer demand, unleash the potential of individual consumption, increase investment at a proper pace, and expand the domestic market, he said.
Landmark building should respect the public's feeling
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