Trends of the times mean countries should work together to promote cooperation and manage competition

The next decade will be a period of unprecedented opportunities and challenges, both for China and the world. The trends of multi-polarity and economic globalization mean there will be more cooperation and competition among countries. Countries will need to promote cooperation and manage competition.

China's development faces a number of serious challenges in the next decade, such as a shortage of natural resources and environmental constraints on its economic growth; unbalanced economic and social development, including imbalances between investment and consumption and between foreign investments in China and Chinese investments abroad, between urban and rural areas, and between the eastern and western regions; difficult industrial restructuring and insufficient research and development; human resources unable to meet the needs of the employment structure; lagging social governance and increasing social tensions; and natural disasters, both predictable and unpredictable.