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Sound and Fast Development

A goal set for China's economic progress that underscores both quality and speed. Officials attending the Central Economic Work Conference in 2005 made "fast and sound" development one of the country's goals. It was revised to "sound and fast" development at the following year's conference. In his report to the 17th National Congress of the Communist Party of China in 2007, General Secretary Hu Jintao said the economy must advance in a comprehensive, balanced and sustainable manner by putting "sound" before "fast". The change demonstrates the central government's determination to bring about a shift in the country's economic growth mode.