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President Xi Calls for More Proactive Implementation of Macro Policy, Stabilization of Stock & Home Mkts, Mitigation of External Blow
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The Political Bureau of the Central Committee of the Communist Party of China convened a meeting today (28th) to discuss the draft Government Work Report, which the State Council plans to submit for deliberation at the 3rd Session of the 14th National People’s Congress (NPC). Presiding over the meeting, Chinese President Xi Jinping emphasized that this year marks the final year of the "14th Five-Year Plan." He stressed that effective government work must align with the directives of the Central Economic Work Conference, adhering to a general principle of seeking progress while maintaining stability. Xi called for robust efforts to promote high-quality development, deepen comprehensive reforms, expand high-level opening-up, implement more proactive macroeconomic policies, boost domestic demand, integrate technological and industrial innovation, stabilize the property and stock markets, mitigate risks in key areas and external shocks, and drive sustained economic recovery. These efforts aim to elevate living standards, maintain social harmony and stability, successfully complete the "14th Five-Year Plan" targets, and lay a solid foundation for a strong start to the "15th Five-Year Plan." AAStocks Financial News |
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