China is a socialist state under the people's democratic dictatorship led by the working class and based on the alliance of workers and peasants, said Xi, noting that all power in the country belongs to the people.
Wang Jian, chairman of HNA Group, parent of the country's largest private airline, Hainan Airlines, said HNA has been laying out a global industrial chain that focuses on three core operations, including aviation and tourism, logistics, and financial services.
The House of Lords is currently debating Prime Minister Theresa May's European Union withdrawal bill, the legislation needed to end Britain's membership of the bloc after more than 40 years.
With an overall design to promote coordinated economic, political, cultural, social and ecological advancement and an action plan of comprehensive moves to finish the tasks of building a moderately prosperous society in all respects, deepening reform, advancing law-based governance, and strengthening the Party's self-governance, the country can have confidence that the strategic vision for developing socialism with Chinese characteristics in the new era will be achieved.
On manufacturing, China has basically opened up this sector with a small number of exceptions on automobiles, ships and aircraft. "These industries are now in a position to open up. Going forward, we will reduce as soon as possible limits on foreign investment in these industries, automobiles in particular," Xi said.