Xi JInping Sets Tone for 2019: Deepening Reform and Innovation

21st Century: 这场中央会议传递重要信号：改革发展形势深刻变化，宏观调控要创新
Sogou: This central meeting sent an important signal: the reform and development situation has changed profoundly, and macro-control should be innovated.
ECNS: Xi calls for bolstering reform, development

Xi Jinping, general secretary of the Communist Party of China Central Committee, called on Wednesday for further efforts to prevent and eliminate major problems in the nation's reform and development against the backdrop that uncertainties and instabilities are on the rise.

Xi, also Chinese president and chairman of the Central Military Commission, made the remarks while presiding over a key meeting of the Central Committee for Deepening Overall Reform. He is the director of the committee.

Saying China is facing profound changes in its reform and development against the backdrop of increasing external uncertain and unstable factors, Xi said the country must maintain a strategic focus.

From the 21st Century article:

"In the past, macro-control used to rely on infrastructure and real estate to stabilize investment, but now the macro-control mode has changed obviously, such as combining infrastructure stabilization with short-term compensation, and increasing infrastructure construction in new economic fields including 5G and Internet of Things. Furthermore, the focus of expanding domestic demand is on consumption. To stabilize consumption, we need to stabilize confidence, keep the financial market stable and have no problems in employment, which is conducive to enhancing confidence, "Hua Changchun pointed out.