1、 Economic and Industry Outlook after the 20th CPC National Congress Deloitte China December 2022 The Report to the 20th National Congress of the CPC(the Report)serves as the guiding document for national development.It lays out goals for various areas over the next five years,ten years and beyond.Ba

2、sed on the objectives set out in the Report to the 19th National Congress of the CPC and those in the 14th Five-Year Plan,the Report draws out the pathway for effectively realizing socialist modernization.In other words,from getting rich to becoming strong.Against this backdrop,companies in China wi

3、ll seek to deepen reform and take significant strides on the road to high-quality development and building world-class enterprises.In the following sections,we will summarize the overriding agenda for future development,assess the implications for the macroeconomy and specific industries,and identif

4、y opportunities for companies in the future.First propose the Chinese path to modernization and underscore security and innovation The concept of the Chinese path to modernization first appeared in the report to the National Congress of the CPC.The Report identifies that the central task of the Comm

5、unist Party of China is to lead the Chinese people of all ethnic groups in a concerted effort to realize the Second Centenary Goal of building China into a great modern socialist country in all respects and to advance the rejuvenation of the Chinese nation on all fronts through a Chinese path to mod

6、ernization.The Chinese path to modernization involves the modernization of a huge population,common prosperity for all,material and cultural-ethical advancement,harmony between humanity and nature,and peaceful development.When the country embarks on a new journey,the Report,in light of actual condit