BEIJING - Hu Jintao said Thursday that China has achieved "new historic successes" over the past decade and the achievements have laid a solid foundation for completing the building of a moderately prosperous society in all respects.

Hu said China has seen continuous economic development, steady improvement in democracy, and increasing cultural prosperity and social stability over the past decade, and the Party has worked hard to ensure and improve the people's wellbeing and brought them more benefits than ever before.

"All this is widely recognized," Hu said in a keynote report at the opening of the 18th National Congress of the Communist Party of China.