Multiple ministers respond to economic hotspots and release new information
2023-11-08
The economic situation in China has always been of great concern both domestically and internationally. Can the sustained rebound and upward trend of the Chinese economy continue towards the end of the year? What reserves are there in the policy toolbox? Recently, the top leaders of ministries such as the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, and the Ministry of Human Resources and Social Security received intensive interviews, publicly speaking out in response to current economic hot topics and releasing a series of new information. To achieve the annual target of "confidence, conditions, and ability", the Chinese economy grew by 5.2% year-on-year in the first three quarters, and the expected annual economic growth target is around 5%. Can the Chinese economy smoothly achieve the annual target? Zheng Zhajie, Secretary and Director of the Party Group of the National Development and Reform Commission, stated that in the coming months, with the continuous effectiveness of various policy measures, the continuous release of potential for transformation and upgrading, and the continuous strengthening of the driving force of business entities, we have the confidence, conditions, and ability to promote the sustained and stable recovery of the economy in the fourth quarter and achieve the expected goals and tasks of economic and social development for the whole year with high quality. In the first two quarters, China's economy operated at a low to medium high level, and in the third quarter, it showed stable and continuous improvement. Zheng Zhajie said that the current Chinese economy is facing many difficulties, but it should be noted that China is in an important period of accelerating the transformation of old and new driving forces, and a crucial period of promoting high-quality development, which contains huge development opportunities. Regarding the driving force of macroeconomic regulation policies in the next stage, Zheng Zhajie pointed out that we should focus on expanding demand, strengthening entities, preventing risks, and ensuring people's livelihoods. Specifically, we will solidly promote the implementation and effectiveness of macro policies that have been introduced at the micro level. Expand domestic demand, especially consumer demand, continue to expand effective investment, and stabilize the basic situation of foreign trade. Solidly promote the construction of a modern industrial system, and truly solve the operational difficulties and problems of some enterprises; Steadily and orderly resolve risks in the economic and financial fields, firmly holding the bottom line of avoiding systemic risks; Solidly carry out the work of ensuring people's livelihood at the end of the year and the beginning of the year. Confidence in promoting the further recovery of the industrial economy and the improvement of industry is the ballast stone for stabilizing the economic market. The economic operation in the fourth quarter is crucial for achieving the annual target task. Jin Zhuanglong, Secretary of the Party Group and Minister of the Ministry of Industry and Information Technology, also expressed "confidence" that in the fourth quarter, we are confident in promoting the further recovery and improvement of the industrial economy, providing strong support for the overall improvement of economic operation. He said that overall, the industrial economy is in a critical period of recovery, growth, transformation and upgrading, with opportunities and challenges coexisting. China has a complete industrial system, a wide variety, and a large scale, with strong industrial resilience and great potential for upgrading and development. A series of stable growth "combination fists" are exerting significant efforts, and the National New Industrialization Promotion Conference has been held, injecting strong impetus into industrial development. This confidence has confidence. Jin Zhuanglong detailed "transcript": New energy vehicles, lithium batteries, photovoltaic products, new materials, etc. have achieved rapid growth, and the shipbuilding industry continues to lead the world in three major indicators. The C919 large passenger aircraft has achieved commercial operation and entered the stage of industrial development. The first domestically produced large cruise ship has been completed and is about to be delivered. The confidence and expectations of manufacturing enterprises are gradually increasing. Build the world's largest and technologically advanced information and communication network. The total scale of computing power ranks second globally, and nearly 10000 digital workshops and intelligent factories have been built nationwide. 1 trillion yuan treasury bond "quick release"
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：chinanews.com
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