China's new leadership rolls out new blueprint for future development

The 19th National Congress of the ruling Communist Party of China (CPC) which just concluded in Beijing is a landmark event. It represents that the Party has fortified itself with a new theory - the "Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era" and will embark on a journey towards biulding China into a "great modern socialist country" by 2049. It also marks that the world's second largest economy stands ready to play a bigger role in shaping the world's future agenda and to share the "China Solution" with other countries. These developments will not only bring profound impacts on China's economic and social development in the next 30 years, but also generate significant repercussions at a global scale, given the size of the Chinese economy and its rising influence in the world.