Xi Certain China to Achieve Major Economic Goals This Year

  • Economy still faces many prominent problems, Politburo says
  • Communist Party seeks more open economy, foreign investment

Haass: Xi Could Be 'Strong Man of China' for Years

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President Xi Jinping said he’s certain China will achieve its major economic and social objectives this year and that the 13th five-year plan period "will be off to a good start," according to a statementBloomberg Terminal released Friday by the official Xinhua News Agency.

The Communist Party also listed top government economic goals for 2017, including additional supply-side structural reforms. China will further open the economy, improve investment conditions, unleash consumption potential and work to attract foreign investment.