China vows to promote high-quality development rather than solely pursuing high growth rate BY Muhammad Zamir Assadi Bureau Reporter

By Muhammad Zamir Assadi Bureau Reporter

Beijing:The 19th National Congress of the Communist Party of China (CPC) on Thursday held a press conference on the interpretation of the Report to the 19th National Congress of the CPC delivered by General Secretary of CPC Central Committee Xi Jinping at the opening session.
China will continue to promote high-quality development instead of solely pursuing a high growth rate, Yang Weimin, deputy director at the Office of the Central Leading Group on Financial and Economic Affairs, said at the press conference.
Yang said that China will promote coordinated development in real economy with technological innovation, modern finance and human resources.
On achievements over the past five years
Yuan Shuhong, deputy director of the Legislative Affairs Office of the State Council, briefed media on achievements made in “the truly remarkable” five years since 2012.
With the gross domestic product rising from 54 trillion to 80 trillion yuan, China has maintained its position as the world’s second largest economy and contributed more than 30 percent to global economic growth, Yuan said.
He said the CPC has “solved many tough problems that were long on the agenda but never resolved and accomplished many things that were wanted but never got down.”
Wang Xiaohui, vice minister of the Publicity Department of the CPC Central Committee, elaborated on Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, which was enshrined into the Party Constitution in the Congress.
The senior official said that the Thought has opened a new ground for Marxism, Socialism with Chinese Characteristics, state governance and the self-governance of the Party.
The 19th CPC National Congress, a five-yearly event, concluded Tuesday in Beijing, enshrining Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era into the Party Constitution and installing a new Central Committee and a new Central Commission for Discipline Inspection (CCDI).