Highlights of Speech Delivered by President Hu Jintao

2007-11-27

　　Scientific Outlook on Development

 

　　The Scientific Outlook on Development takes development as its essence; putting people first as its core; comprehensive, balanced and sustainable development as its basic requirement; and overall consideration as its fundamental approach.

 

　　Economic growth

 

　　We will quadruple the per capita gross domestic product of the year 2000 by 2020 through optimizing the economic structure and improving economic returns while reducing consumption of resources and protecting the environment.

 

　　Democracy

 

　　People's democracy is the lifeblood of socialism. The mechanism of restraint and supervision will be improved so that power must be exercised in the sunshine to ensure that it is exercised correctly.

 

　　Anti-corruption

 

　　The CPC never tolerates corruption or any other negative phenomena. Resolutely punishing and effectively preventing corruption is crucial to popular support for the Party and its survival.

 

　　National defense

 

　　After reducing 200,000 troops, China will speed up the pace of modernizing its armed forces in the next five years and more, for self-defense and maintaining world peace.

 

　　Wealth gap

 

　　We will increase transfer payments, intensify the regulation of incomes through taxation, break business monopolies, create equal opportunities, and overhaul income distribution practices with a view to gradually reversing the growing income disparity.