China will unwaveringly support the private economy and let the market play decisive role in resource allocation, President Xi Jinping said in a speech on Sunday at the opening of the once-in-five-year Communist Party Congress in Beijing.
China will aim for high-quality economic growth and the next five years will be crucial for building a modern socialist power, Xi said.
(Reporting by Yew Lun Tian, Writing by Kevin Yao; Editing by William Mallard)
