The CPC Central Committee's Proposal for Formulating the 12th Five-Year Plan for China's Economic and Social Development adopted by the Fifth Plenary Session of the 17th CPC Central Committee has drawn the grand blueprint for China's development in the next five years. It is reiterated in the part on external relations that China stands firmly for peace, development and cooperation, pursues the independent foreign policy of peace, sticks to the path of peaceful development and the win-win strategy of opening-up, safeguards China's sovereignty, security and development interests, and is ready to work with other countries to build a harmonious world of lasting peace and common prosperity. This explains fully China's external stance, its path of development, its goal and the way to achieve the goal. Therefore, it has great relevance and far-reaching significance to China's diplomacy under the new circumstances.