China's Leaders Vow Tech 'Self-Reliance,' Military Power and Economic Recovery

An anonymous reader quotes a report from The New York Times: China's Communist Party emerged from four days of meetings behind closed doors in Beijing declaring the country's leader, Xi Jinping, a "helmsman" who would lead "the ship of socialism sailing into the wind and waves with determination." At a time when other world leaders remain consumed by the coronavirus pandemic, China promised an economic revival, greater technological self-reliance and a stronger military to protect the country's economic and political interests. The meeting underscored Mr. Xi's seemingly boundless political control, as well as his ambitions to propel China out of the current crisis into a new phase of growth, less vulnerable to external risks. Here are the main outcomes from the meeting, which outlined policy priorities for the coming years. Economic revival: After the shock from the coronavirus crisis of the first months of this year, China's economy returned to4.9 percent growth in the July-to-September quarter, and exports have revived strongly. In its five-year plan, China aims to expand domestic markets and encourage innovation across the economy -- from cutting-edge technology to more efficient farming -- the party leaders said in an official summary of their meeting. That summary did not offer specific growth projections from 2021. Homegrown technology: The meeting of the party's Central Committee declared that China would make enhanced technological self-reliance a priority over the next 15 years. "Insist on the core status of innovation across all of our national modernization," the leaders said. "Make technological self-sufficiency a strategic pillar of national development." Military modernization and security: The Central Committee declared that China's military -- one of Mr. Xi's core priorities since taking office in 2012 -- had improved greatly, even as it promised to make still more "major steps" to enhance the country's security.The committee did not detail any new programs but called for "comprehensively strengthening military training and preparedness."Read more of this story at Slashdot.
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