China's Xi says reform, opening will continue

BEIJING Wed Nov 14, 2012 11:16pm EST

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BEIJING (Reuters) - China must continue reforming and opening up, the ruling Communist Party's new leader, Xi Jinping, said on Thursday after the party named him as party chief in a long-awaited leadership transition.

Xi said the party faced many challenges, including corruption and being out of touch with the people.

(Reporting by John Ruwitch; Editing by Nick Macfie)