Xi noted that China's development is in a period when strategic opportunities coexist with risks and challenges, and uncertain and unpredictable factors are increasing.

In analyzing the situation, it is important to consider all factors involved and to be adept at grasping some key factors, such as changes in the international situation, the new wave of technological revolution and industrial transformation, he said, highlighting the importance of having a broad and long-term vision as well as maintaining strategic focus and well-organized tactics.

Xi said that building a modernized industrial system is an important strategic task to be fulfilled in the 15th Five-Year Plan period. He emphasized the need to promote intelligent, green and integrated development and create a vibrant development scenario in which upstream and downstream industries are interconnected.

It is essential to maintain a reasonable proportion of the manufacturing industry in the economy and vigorously develop advanced manufacturing, he said.

Xi called for developing new quality productive forces tailored to local conditions, promoting the deep integration of technological and industrial innovation, and building modernized infrastructure.

He pointed out that with a large population, vast market, full-fledged industries and strong development momentum, China has the conditions to accelerate the construction of a new development paradigm.