Chinese leader Xi Jinping outlines 5-year plan at closed-door Communist Party meeting

By KEN MORITSUGU Associated Press BEIJING AP Chinese leader Xi Jinping delivered a speech Monday on the opening day of a major meeting of the ruling Communist Party to approve a draft plan laying out its goals for the country over the next five years A short dispatch from the official Xinhua News Agency declared Xi expounded on the Party leadership s draft proposals for the next five-year plan for national economic and social rise which will cover - It did not provide any details Chinese guard personnel stand guard at the entrance to the Jingxi Hotel where the Communist Party s Central Committee is holding its fourth plenum in Beijing Monday Oct AP Photo Andy Wong The latest plan comes at a time of growing challenges and uncertainty for China including a persistently sluggish market foreign restrictions on its access to the latest technologies and high tariffs imposed on its exports to the United States A Xinhua editorial noted that the plan should focus on high-quality maturation and technological innovation while also ensuring national prevention is protected and the benefits of economic improvement are spread fairly and more widely Related Articles Zelenskyy says his meeting with Trump was positive though he didn t get the Tomahawk missiles In the modern day in History October Hearings question alleged Communist influence in Hollywood In just brazen minutes thieves grab priceless jewels from the Louvre Calling Petro drug leader Trump halts U S aid to Colombia a key ally in region Nowadays in History October Black Monday on Wall Street There will be hardships and obstacles on our way forward and we may encounter major tests the editorial declared in discussing economic and national prevention goals We must be prepared to deal with a series of new risks and challenges Analysts and investors are watching the meeting to look for clues about how the plan will balance economic and shield interests and to what extent the plan will call for structural changes to boost consumer spending and manage an aging society This week s four-day meeting brings together about voting members and alternate members of the Central Committee of the Communist Party The body will approve the draft five-year plan though full details likely won t be issued until it is formally approved at the legislature s next annual meeting expected in March Ahead of the meeting the Defense Ministry communicated late last week that nine senior officers suspected of corruption had been expelled from the Communist Party Eight were members of the Central Committee and their removal from the party allows replacements to be named to the committee