The National People's Congress and the Chinese People's Political Consultative Conference are important windows for observing the Chinese economy. Stability is the overall situation and the foundation; "Entering" is the direction, it is the power. The government work report submitted for review at the second session of the 14th National People's Congress on the 5th clarifies the main expected development goals and macro policy orientation of China this year, and proposes ten major tasks for government work. Consolidate the foundation of stability, consolidate and enhance the positive trend of economic recovery. The gross domestic product (GDP) has exceeded 126 trillion yuan, with a growth rate ranking among the top of major economies in the world... In the past year, China's economy has developed in a wave like and tortuous manner, and its achievements have not come easily. At present, the foundation for economic recovery and improvement still needs to be further stabilized. We must adhere to the hard principle of high-quality development in this new era and move forward down-to-earth. Adhering to the principle of seeking progress while maintaining stability, promoting stability through progress, and establishing first and then breaking through - the report sets the expected target for GDP growth this year at around 5%. Qu Yongyi, Secretary of the Party Committee of the Industrial Economics Research Institute of the Chinese Academy of Social Sciences, stated that this goal considers promoting employment and income growth, preventing and resolving risks, and is in line with the goals of the 14th Five Year Plan and the basic realization of modernization, adapting to development needs and meeting social expectations. More than 12 million new urban jobs have been created, and the surveyed urban unemployment rate is around 5.5%; The increase in consumer prices for residents is about 3%; The growth of household income is synchronized with economic growth... "The arrangement of the main expected development goals for 2024 will better coordinate the rational growth of quantity and the effective improvement of quality." Representative Deng Hui, President of Jiangxi University of Finance and Economics, stated that economic growth will remain stable within a reasonable range, fully ensuring employment and price stability, creating a stable development environment for "progress", and laying a solid foundation for addressing uncertainty and planning for long-term development. "The new employment target has been adjusted from around 12 million people last year to over 12 million people, further reflecting the strength and determination of stability," said Jin Li, Vice President of Southern University of Science and Technology. The report proposes that what needs to be established should be actively and proactively established, and what needs to be broken should be resolutely broken on the basis of establishment, especially in terms of transforming methods, adjusting structures, improving quality, and increasing efficiency and benefits. Qu Yongyi, a member of the committee, said that from emphasizing development and security in industrial policies to focusing on self-reliance and self-improvement in science and technology policies, a series of deployments adhere to the principle of first establishing, then breaking, and planning before taking action, releasing a clear signal of responding to the uncertainty of changing situations with one's own certainty. Enhance policy consistency and work together to form a synergy - according to the report, the deficit rate is planned to be arranged at 3% this year. Starting this year, it is planned to issue ultra long term special treasury bond for several consecutive years, which will be specifically used for the implementation of major national strategies and security capacity building in key areas. This year, 1 trillion yuan will be issued first. "The policy comprehensively considers the development needs and fiscal sustainability, and better plays the role of stimulating domestic demand and promoting economic cycle." Jiang Xiaolin, the director of the Liaoning Provincial Department of Finance, said that from the issuance of an additional 1 trillion yuan of treasury bond last year to this year's ultra long term special treasury bond, reflecting continuity and stability; Key expenditures of structural tax and fee reduction policies
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