President Hu Jintao opened the 10-year power handover with a clear warning to modernizers that Beijing will not give up control over the commanding heights of industry and commerce.
In a valedictory state of the nation address after a decade in power - called "Firmly march on the path of Socialism" and delivered beneath a huge hammer and sickle - he insisted that "public ownership is the mainstay of the economic system" and warned that the party must "resolutely not follow Western political systems".
