The statement added that a basic living standard should be ensured for the people, while the protection of intellectual property rights and the interests of foreign companies will help industrial cooperation with other countries and improve the domestic investment environment.

In 2016, China should continue to keep economic growth at a proper range. In the first three quarters of 2015, China's economy expanded by 6.9 percent, generally in line with the government's target of around 7 percent.

"While improving domestic demand, the country should raise the quality and efficiency on the supply side," the statement said.

In addition, attention will be given to raise effective investment, cultivate new growth engines and reinforce the competitiveness of traditional sectors, the statement added.

Last Thursday, the CPC Central Committee held a meeting to solicit opinions on the proposed economic work from non-CPC personnel, according to another statement unveiled Monday.

Xi said, while presiding over the meeting, that China's economic and social development, especially structural reform, would be arduous next year.

The country should continue to reform and open up, stick to the general guideline of "seeking progress while maintaining stability and promoting the improvement of productivity," he said.