The Chinese Communist Party reaffirmed President Xi Jinping's leadership and backed a major purge of top military officials during a key meeting. The meeting also endorsed a new 5-year plan focused on domestic market resilience and self-reliance.
China's ruling Communist Party is holding its annual leadership conclave to discuss the new five-year plan, the impact of US President Donald Trump's tariff war, and the ongoing anti-corruption crackdown in the military.
Xi, 68, holds China's all three power centres -- General-Secretary of the CPC, Chairman of the powerful Central Military Commission which is the overall high command of the military, and the Presidency is set to complete his second five-year tenure next year.
China has defended its plan to build the world's largest dam on the Brahmaputra River in Tibet, assuring that the project will not affect riparian states and safety issues have been addressed through decades of studies. The dam, estimated to cost USD 137 billion, has raised concerns in India and Bangladesh, but Chinese authorities maintain that the project has been thoroughly studied and safeguards are in place. The dam is part of China's efforts to develop clean energy and respond to climate change.
Xi is widely expected to continue in power for life.
One person was killed and eight others injured when a series of home-made bombs packed with ball bearings exploded in front of a provincial office of the ruling Chinese Communist Party, two days ahead of the party's key meeting to finalise political and economic reforms.
The highly-anticipated summit, which began early Tuesday, is the third engagement between Xi, 68, and Biden, 78, since February.
President Xi Jinping was on Thursday elevated as the "core leader" of China's ruling Communist Party, conferring on him a status similar to that of party founder 'Chairman' Mao Zedong that dilutes the three-decade-old collective leadership principle to avoid personality cult.
The removal of the term limit will give Xi a limitless tenure.
By the year 2027, which marks the centennial of the founding of the People's Liberation Army, China will build a fully modern military, a goal that is in alignment with the national strength and will fulfil the future national defence need, state-run Global Times quoted Chinese analysts as saying.
The "bumper" 40 per cent increase followed a number of sweeping reforms intended to transform the "bloated People's Liberation Army, into a more modern, nimble fighting force".
Xi spoke of the importance of implementing the new development philosophy and advancing the new development paradigm of "dual circulation" in the country's new development phase to ensure a good start for the 14th Five-Year Plan (2021-25) period.
Recent IMF forecast said China's growth is expected to slow down.
China, the world's most populous nation, will relax its controversial decades-long one-child population policy which restricted most couples to have only a single child, the ruling Communist Party announced on Friday.
There is simmering disquiet in the Communist party and the world is watching as to what can unfold in China in the days to come ahead of next year's party congress, notes Rup Narayan Das.
The over 3,800-km-long Brahmaputra, one of the longest rivers in the world passes through China, India and Bangladesh and has several tributaries and sub-tributaries.