Chinese President , also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, joins a panel discussion with the deputies from Inner Mongolia Autonomous Region at the first session of the 13th National People's Congress in Beijing, capital of China, March 5, 2018. (Xinhua/Xie Huanchi)

BEIJING, March 5 (Xinhua) -- Chinese President said Monday the focus of high-quality economic development should be placed on transforming and upgrading industries.

Efforts should be made to strengthen and improve the real economy, Xi said as he joined a panel discussion with the deputies from Inner Mongolia Autonomous Region at the first session of the 13th National People's Congress, China's national legislature.

Chinese economy has transitioned from a phase of rapid growth to a stage of high-quality development, said Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, warning that old way of thinking might lead China to almost nowhere and miss precious opportunities.