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在线翻译:
szdaily -> Special Report -> 
Visionary CPC blueprint more than just words
    2017-10-23  08:53    Shenzhen Daily

DESPITE being on vacation when Chinese leader Xi Jinping delivered a report to the all-important 19th CPC National Congress, Daniel Liao watched every second live online.

“His words were a shot in the arm for foreign businesses like us,” said Liao, head of China operations at a Singaporean real estate firm.

During a wide-ranging address, Xi unveiled the Party’s ambitious goal to “develop China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful” by the mid-21st century.

HSBC economist Julia Wang described the long-term nature of the plan as “remarkable and unprecedented.”

However, making Xi’s vision become a reality will demand a freer market and more open economy. There is no lack of faith in the CPC’s will and ability to deliver its promises.

At the congress, Xi spoke of letting the market play the decisive role in resource allocation, pursuing opening up on all fronts and significantly easing market access.

Liao’s company, City Developments Limited, has invested around US$1.7 billion in China in the past six years, primarily in real estate, environmental protection and new energy.

Liao said the company had benefited significantly from streamlined administrative approvals and increased access for foreign investors.

Cutting red-tape was just part of more than 1,500 reform moves made by the CPC since the previous national congress in 2012.

(Xinhua)

 

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