RIGHT FORMULA

According to the CPC's constitution, a Central Committee is elected at a national congress, which is held every five years. The Central Committee, usually with more than 300 full and alternate members, then elects its Political Bureau and the bureau's Standing Committee.

More than 2,300 delegates to the national congress on Wednesday elected the 18th CPC Central Committee through secret ballots, who then voted on the Political Bureau and its Standing Committee on Thursday.

Previously, a meeting of leading cadres was held in Beijing in May to nominate candidates of the Political Bureau and its Standing Committee.

In the eyes of Huang Yebin, a delegate to the Party congress, the new generation of leadership are "energetic, trustworthy and with both integrity and capacity."

"I'm sure they will lead the nation to a prosperous society," Huang said.

The CPC's National Congress was a widely watched agenda this year for "one of the world's most important power transitions" that followed it, as some foreign media said.

Two authors co-published a comment in the Financial Times on Monday, which said that China "has developed the right formula for choosing political rulers that is consistent with China's culture and history and suitable for modern circumstances."

Daniel Bell and Eric Li, a professor of political theory at Qinghua University in Beijing and a Shanghai-based venture capitalist, wrote in the British newspaper, "The Chinese political system has undergone significant change over the past three decades and it comes close to the best formula for governing a large country.

"It (Chinese regime) should be improved on the basis of this formula, not western style democracy," they observed.