President Xi Jinping used the Communist Party's 19th Congress in Beijing to call for an invigorated economy at home and a stronger role for the party — of which he will now be "chairman," a title last held by Mao Zedong, the founder of the People's Republic of China.
Why it matters: President Xi and his soon-to-be-announced dream team of officials will be ushering in not only a new era of ambitions for China but also a new phase in U.S.–China relations, as power shifts East.