Beijing (Bloomberg): China must work to create a path to modernisation that is more efficient than capitalism and better safeguards social justice, President Xi Jinping told top officials.
Innovation must be placed in a prominent position in overall national development, which should achieve higher efficiency than capitalism while maintaining fairness in the society more effectively, state-run Xinhua news agency reported Xi as saying Tuesday. China should better balance and unify efficiency and fairness, Xi said in the speech to senior officials including all the other members of the Standing Committee of the Politburo, Central Committee members, provincial leaders and ministers.
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