The 16th Central Committee of the Communist Party of China (CPC) concluded its fifth plenary session in Beijing Tuesday and called for developing the nation's economy based on scientific concept of development.

The four-day plenum examined and approved a proposal for formulating the 11th five-year program for China's economic and social development.

The central committee pointed out that the formulation of the program (for 2006-2010) should be guided by the Deng Xiaoping Theory and the important thought of the Three Represents and implement the scientific concept of development.

The session noted that economic development is the top priority for the CPC, all efforts should be focused on economic development, and problems that arise during the course of development should be solved via development and reforms.

The scientific concept of development should underpin China's economic and social development, development should be people-oriented, outdated concepts should be changed, and new development models should be found, so as to ensure all-round, coordinated and sustainable economic and social development.

During the next five years, China should have stable and relatively fast economic growth, step up the transformation of modes of economic growth, improve its capacity of independent innovation, promote coordinated development of urban and rural areas, make greater efforts to build a harmonious society, and further deepen reforms and opening-up, the communique says.

Source: Xinhua