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“Promoting sound and rapid development of the national economy”is China’s goal for economic development in the following five years,as put forward by Hu Jintao, General Secretary of the Central Committee of the Communist Party of China(CPC), in his report to the 17th National Congress of the Party. China used to target“rapid and sound”economic growth.The fact that soundness is preferred to speed for China’s economic growth reflects an important change in the economic outlook of the CPC—China is beginning to value the quality of economic growth rather than the speed. How to attain the goal of sound and rapid development for the national economy is the subject of Hu’s eight-point proposal.
“Promoting sound and rapid development of the national economy” is China’s goal for economic development in the following five years, as put forward by Hu Jintao, General Secretary of the Central Committee of the Communist Party of China (CPC), in his report to the 17th National Congress of the Party. China used to target “rapid and sound ” economic growth.The fact that soundness is preferred to speed for China’s economic growth rating an important change in the economic outlook of the CPC-China is beginning to value the quality of economic growth rather than the speed. How to attain the goal of sound and rapid development for the national economy is the subject of Hu’s eight-point proposal.