BEIJING - For those who will gauge the growth trajectory of China's economy over the next five years, meaningful hints could be found in the just-concluded 19th edition of the quinquennial congress of the Communist Party of China or CPC.

In his report to the 19th National Congress of the CPC, Xi Jinping, general secretary of the CPC Central Committee, said China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development.

China will not close its doors to the world. It will only become more and more open, according to the report.