Chinese President Xi Jinping spoke at the annual Central Economic Work Conference (Photo: Xinhua)

In a speech at the conference, Xi Jinping, general secretary of the Communist Party of China Central Committee, Chinese president and chairman of the Central Military Commission, reviewed the country's economic work in 2020, analyzed the current situation and arranged the economic work for next year.

The meeting outlines eight key tasks to focus on in the next year, including strengthening the national strategic scientific and technological power, building more independent, controllable industrial supply chains, adhering to the strategic basis of expanding domestic demand, promoting all-around reform and opening-up, solving the housing problem in big cities, and striving to reach the goal of reducing carbon emission.