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BEIJING, April 29 (Xinhua) -- The Political Bureau of the Central
Committee of the Communist Party of China (CPC) held a group study
on the transformation of the country's economic development on
Monday.
Hu Jintao, General Secretary of the CPC Central Committee, said that
accelerating the transformation of economic development was a
pressing strategic task vital to the economy
It is "a fundamental measure to enhance the country's economic
competitiveness and ability to deal with risks and an important
guarantee of the goal of building a moderately affluent society in a
comprehensive way," he said while presiding the group study.
Hu said since China launched its reform and opening-up drive 30
years ago, the economy had sustained rapid growth, living standards
had been significantly improved and great achievements had been made
in socialist modernization construction.
China is at a decisive stage of reform and development and has
entered an important period for industrialization and modernization,
Hu said.
He added that its adaptation to changing international circumstances
and domestic development and breakthroughs in the transformation of
its economic development were important for long-term, stable and
rapid economic development.
Hu said: "We should keep to the new path of industrialization with
Chinese characteristics and promote economic growth to shift from
relying mainly on investment and exports to relying on a
well-coordinated combination of consumption, investment and exports;
from secondary industry serving as the major driving force to
primary, secondary and tertiary industries jointly driving economic
growth, and from relying heavily on increased consumption of
material resources to relying mainly on advances in science and
technology, improvement in the quality of the workforce and
innovation in management."
Hu said macro-economic controls should be strengthened and improved.
He added that the trend of slower global economic growth, and its
impact on China, should be accurately observed.
"We should improve the nature of scientific, foresighted and
effective macro-economic controls, adjust and optimize the
investment structure and vigorously support modern agriculture,
energy conservation and pollution discharge reduction to ensure the
realization of macro-economic control goals," he said.
He called for substantial efforts to increase the capability of
innovation, taking a road of innovation with China's own
characteristics, giving greater priority to increasing the
capability of independent innovation, further deepening the
restructuring of the country's science and technology sector,
implementing major research and development programs, and actively
creating an environment to encourage enterprises to innovate.
China shall make greater efforts in developing technologies
regarding energy-efficient materials, new energies and oil
substitutes, Hu said. He pledged to speed up the development of
service sector, integrate urban and rural development, modernized
the agriculture to better feed its 1.3 billion people.
China will exert greater efforts to develop a recycling economy by
forming an energy-efficient and environmentally friendly industrial
structure, mode of growth and manner of consumption, he said.
Hu emphasized that the key to economic development transformation is
in the hands of the Party committees and governments of all levels.
He pledged to persist in the orientation of socialist market economy
in the ongoing reform drive, while trying to make it more "vigorous,
efficient, open and conducive to the scientific development."
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