The fifth session of the 12th National Committee of the Chinese People’s Political Consultative Conference and the fifth session of the 12th National People’s Congress, will open on Friday, March 3.

The annual sessions of the top legislature and top political advisory body are among the most important political events for the world’s second-largest economy.

The NPC is the highest body of state power, enabling the Chinese people to exercise their power as “the master of state.” New state leaders will be elected at the NPC session in March 2018 after the 19th Communist Party of China National Congress elects new Party leadership later this year.

It was at the first session of the 12th NPC in March 2013 that Xi was elected president. He had been elected general secretary of the CPC Central Committee in November of the previous year at the 18th CPC National Congress.

This year’s two sessions are the first since Xi was endorsed as the core of the CPC Central Committee in October.

“Through the meetings, greater consensus will be gathered to build a moderately prosperous society and Xi’s thoughts on state governance will be more clear-cut,” said Xin Ming, a professor at the Party School of the CPC Central Committee.

Over the past four years, Xi’s thoughts on governance have guided China’s development. The book Xi Jinping: The Governance of China, a collection of his speeches, provides insight into his concepts, resolve and wisdom of governance.

Officials at all levels should align their thinking with Xi’s strategic blueprint, the Four Comprehensives, which is a four-pronged strategy to achieve a moderately prosperous society, deepen reform, advance the rule of law and govern the Party strictly.

For China, the strategy creates routes to build a socialist modern country.

For observers, Xi’s speeches and policy initiatives at the two sessions will send important signals about how China will march toward what Xi called the “great dream of revitalizing the Chinese nation.”

Xi’s thoughts on governance, ranging from economic and social reform to foreign affairs and military transformation, have been greatly influencing the country’s course.

In the economic sphere, Xi has led the country to achieve remarkable growth. The country remains the top engine of global growth, with the International Monetary Fund predicting China’s contribution would account for 39 percent of the world’s economic expansion in 2016.

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