The Central Committee of the Communist Party of China holds a news conference on the guiding principles from the fourth plenary session of the 20th CPC Central Committee on Oct 24, 2025. [Photo by Wang Zhuangfei/chinadaily.com.cn]

The Central Committee of the Communist Party of China holds a news conference on the guiding principles from the just-concluded fourth plenary session of the 20th CPC Central Committee on Friday. Here are the highlights:

Govt expects over $1t of market space addition in five years

It is preliminarily estimated that around 10 trillion yuan ($1.4 trillion) of market space will be added in China over the next five years, unleashing tremendous development momentum and bringing significant benefits to people's livelihoods, said Zheng Shanjie, head of the National Development and Reform Commission.

China targets increasing average life expectancy to 80 years

China aims to increase the average life expectancy to 80 years over the next five years, up from 79 at the end of 2024, Health Minister Lei Haichao said.