China: Xi sets out “new era” ambitions at Communist Party congress

Source: The Street

“China’s President, Xi Jinping, laid out the country’s main ambitions in a speech in Beijing Wednesday that marks the start of the 19th Communist Party Congress and could signal some of its biggest economic changes in decades. Xi vowed to launch a clean energy ‘revolution’ in China that he said would bring both prosperity and ‘blue skies’ to the world’s second-largest economy, which he said will be a leading global power by 2050, and outlined goals for the broader opening of the country’s markets to foreign investors, the strengthening of state-owed companies and a continued crackdown on graft and corruption.” (10/18/17)