Liu He, a senior Chinese official, Wednesday elaborated on the top-level planning of China's economic policy for the next few years at the World Economic Forum (WEF) held in this Swiss resort.
"In a nutshell, this policy centers around a key necessity, a main task and three critical battles," said Liu, a member of the Political Bureau of the Communist Party of China Central Committee and director of the General Office of the Central Leading Group for Financial and Economic Affairs. Liu also pledged that China will open wider to the world across the board.
In his speech at the WEF, Liu stressed the necessity to transit the Chinese economy from a phase of rapid growth to one of high-quality development. "Our focus needs to change from 'Is there enough?' to 'Is it good enough?'," he said.