Ministry of Commerce: Vigorously boosting consumption, actively developing the first economy

2024-12-16

On December 13th, Wang Wentao, Secretary of the Party Group and Minister of the Ministry of Commerce, presided over a special meeting of the Party Group to convey the spirit of the Central Economic Work Conference, study and deploy the implementation of work. The meeting emphasized that in accordance with the deployment of the Central Economic Work Conference, we should actively benchmark and implement the work with the spirit of nailing down the nail. The meeting proposed to vigorously boost consumption. Strengthen the implementation of the policy of exchanging old for new consumer goods, innovate diversified consumption scenarios, expand service consumption, and actively develop the primary economy. To expand high-level opening up to the outside world, stabilize foreign trade and foreign investment. Orderly expanding independent and unilateral opening up, steadily expanding institutional opening up, promoting the improvement of quality and efficiency of free trade pilot zones, and expanding the authorization of reform tasks. Strive to stabilize goods trade, actively develop service trade, green trade, and digital trade. Deepen the reform of the system and mechanism for promoting foreign investment, steadily promote the opening up of the service industry, expand pilot projects for opening up in telecommunications, healthcare, education and other fields, and continue to build the "Invest in China" brand. Promote the high-quality joint construction of the "the Belt and Road" to go deep and practical, and improve the overseas comprehensive service system. It was mentioned at the meeting that in the face of complex and severe situations, this year's economic operation was generally stable, making progress while maintaining stability, and Chinese path to modernization took new and solid steps. Especially on September 26th, the Central Politburo meeting decisively deployed a package of incremental policies, effectively boosting social confidence and leading to a significant economic recovery. The meeting requested that we should stick to the principle of "doing well", enhance confidence, face difficulties, and work hard to make new and greater contributions to the sustained recovery of the economy and the promotion of Chinese path to modernization with the actual results of high-quality business development. (New Society)

Edit:Yao jue    Responsible editor:Xie Tunan

Source:Shanghai Securities News

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