These new ideas and ideas of the Supreme Leader lead the economy of China.

On October 18th, the Supreme Leader made a report at the The 19th National Congress of the Communist Party of China. Image from: Xinhua News Agency
CCTV News:In the report of the 19th National Congress of the Communist Party of China, the Supreme Leader pointed out: "China’s economy has shifted from a high-speed growth stage to a high-quality development stage, and it is in the key period of transforming the development mode, optimizing the economic structure and transforming the growth momentum" … …
These new formulations and ideas have a strong leading role in the next step of China’s economic development.
Implementing regional coordinated development strategy to solve regional overall poverty
Regional disharmony is one of the outstanding problems of insufficient development imbalance in the new era. He who does not seek the overall situation does not seek a domain. In the report of the 19th National Congress of the Communist Party of China, the Supreme Leader proposed to implement the strategy of coordinated regional development, and made it clear that we must resolutely win the battle against poverty and solve the overall regional poverty.
In these two days, a new group of families with poverty alleviation difficulties are moving into their new homes at the resettlement site of Mochong Buyi City in Qiannan Prefecture, Guizhou Province.
In Linxia Prefecture, Gansu Province, poor households participated in practical skills training for labor services. With the help of counterpart Xiamen, Linxia will train 10,000 laborers and send them to Xiamen for employment within four years.
In Laoniuwan, Pianguan County, Shanxi Province, the first national ice and snow competition-the National Mass Speed Skating Marathon Series is about to be ushered in. As a key county for poverty alleviation and development, the rise of tourism and sports industries is driving local farmers out of poverty.

Since the 18th National Congress of the Communist Party of China, the special poverty alleviation funds subsidized by the central government have increased from 37.9 billion yuan to 86.1 billion yuan, with an average annual growth rate of 22.7%. More than 60 million poor people have been lifted out of poverty steadily, and the incidence of poverty has dropped from 10.2% to below 4%. Just a month ago, the State Council Poverty Alleviation Office announced that the second batch of 26 poverty-stricken counties in China had lifted their hats. Achieve the first net reduction in the number of poverty-stricken counties in China in 31 years.
In view of the fact that it is difficult to get rid of poverty in these special types of difficult areas, the report of the 19th National Congress of the Communist Party of China further puts them in the priority position of the regional coordinated development strategy. It is necessary to increase efforts to support these areas to improve infrastructure conditions, improve basic public service capabilities, foster the development of advantageous industries and characteristic economies, and strengthen the construction of ecological environment, so as to truly create conditions for the accelerated development of these areas.
Wang Yiming, deputy director of the Development Research Center of the State Council, analyzed that the report of the 19th National Congress of the Communist Party of China particularly emphasized that speeding up the development of the old, young and poor border areas should be given priority in the regional development strategy in order to build a well-off society in an all-round way. There are still three years to go, and we must be well-off at the same time, and no one can fall behind.
Not long ago, when Politburo meeting of the Chinese Communist Party analyzed and studied the economic work in 2018, he further proposed that accurate poverty alleviation should aim at the special poor population, further focus on the deep poverty-stricken areas, and combine poverty alleviation with supporting ambition and wisdom to stimulate the endogenous motivation of the poor people to get rid of poverty, consolidate the results of poverty alleviation and improve the quality of poverty alleviation.
Solving the "Three Rural Issues" and Stepping into a New Era of Rural Revitalization Strategy
China must be strong and the countryside must be strong. China must be beautiful, and the countryside must be beautiful. If China wants to be rich, farmers must be rich. In the report of the 19th National Congress of the Communist Party of China, the Supreme Leader put forward the strategy of rural revitalization for the first time. From "agricultural modernization" to "agricultural and rural modernization", the addition of a word shows us a more complete new blueprint and a clearer new path for rural development in China in the new era. Solve the "three rural issues" and enter a new era led by the rural revitalization strategy.

Not long ago, Ye Zhenqin, Vice Minister of Agriculture, made it clear at the briefing of the State Council Office that the new agricultural management entity is an important force in implementing the rural revitalization strategy. In the future, we will support the development of new business entities by strengthening the construction of agricultural supporting facilities.
In the future, the state will increase the level of insurance protection for new agricultural business entities. Credit support for new business entities will be increased through credit support for agriculture, rural contracted land management rights and pilot loans for farmers’ housing property rights. While broadening financing channels, we will also carry out agricultural catastrophe insurance pilot projects in depth, promote the level of protection to cover all production costs, reduce the production risks of farmers and new business entities, and increase income.
Since the 18th National Congress of the Communist Party of China, the state has made a series of land institutional arrangements to strengthen agriculture and benefit farmers, from the pilot promotion of land ownership throughout the province to the separation of contracting rights and management rights through "separation of three powers", and rural land in generate has gained new vitality. Since 2013, the state’s expenditure on agriculture, forestry and water alone has reached more than 8 trillion yuan, rural community access, electricity and telephone are nearly fully covered, and "one-stop" and "integrated" Internet services have rapidly extended to the grassroots, and rural production and living conditions have been greatly improved.
What is a "revitalized" village? In the supreme leader’s exposition, a "revitalized" village can be summarized in 20 words, that is: prosperous industry, livable ecology, civilized rural customs, effective governance and affluent life. From the construction of new countryside to the implementation of rural revitalization strategy, with the rapid advancement of urbanization and industrialization in China, agriculture is no longer simply "planting" and "raising", but has been endowed with more functions and expectations such as ecology, leisure and cultural inheritance. With the further advancement of the structural reform of the agricultural supply side, the agricultural production structure has also undergone new changes. Modern agriculture is merging into a huge industry.
Developing a higher level of open economy, China cooperation is promising.
In the report of the 19th National Congress, the Supreme Leader pointed out that we should "actively participate in and promote the process of economic globalization, develop an open economy at a higher level, and constantly strengthen China’s economic strength and comprehensive national strength."
2017 is about to pass. Looking back on this year, in terms of opening up to the outside world, China has advanced and retreated moderately, and there is a lot of room for manoeuvre. A higher-level open economy is constantly taking shape. According to the latest data released by the Ministry of Commerce recently, the amount of foreign capital utilized in China increased by 90% in November. It has become an international consensus to be optimistic about the prospects of China’s economic development.

Focusing on the construction of the "Belt and Road", we will pay equal attention to bringing in and going out, follow the principle of joint venture, joint construction and sharing, strengthen open cooperation in innovation capabilities, and form an open pattern of linkage between land and sea and mutual assistance between the East and the West. The development of China cannot be separated from the world, and the world also needs China.
At the series of activities of "Beijing Moscow Week" held in Beijing in early November, China and Russia signed cooperation agreements such as "Moscow Belt and Road Cross-border Financial Settlement Center", "Belt and Road Supply Chain Financial Service Center" and "Express Logistics Overseas Warehouse Construction Project". Chinese and Russian enterprises cooperate to jointly build and develop key infrastructure projects in Moscow.
The report of the 19th National Congress of the Communist Party of China put forward that "market access should be greatly relaxed, the service industry should be opened wider to the outside world, and the legitimate rights and interests of foreign investment should be protected. All enterprises registered in China must be treated equally and equally. "
Meng Haowen, president of the French Chamber of Commerce and Industry in China for many years, was deeply impressed by the quasi-national treatment given by the China government to foreign-funded enterprises in the Shanghai Free Trade Zone.
Zhang Yansheng, chief researcher of China Center for International Economic Research, said that foreign investors hope that our reform in the high-end market of market economy can be in line with international high-standard rules, that is to say, we really need to speed up the reform now and do better.