In a recent symposium held on July 26, Xi Jinping, General Secretary of the Communist Party of China (CPC) Central Committee, outlined the country’s roadmap to achieve its economic and social development goals set for 2024. 📈✨
Xi emphasized the continuation of the general principle of pursuing progress while ensuring stability. With China having already met its first half GDP growth target of 5% for 2024, the focus now shifts to maintaining this momentum and striving for high-quality development.
\"Efforts should be made to fully and faithfully apply the new development philosophy on all fronts, accelerate the building of a new pattern of development, develop new quality productive forces in light of local conditions, and promote high-quality development,\" Xi stated during his speech.
He also highlighted the importance of deepening reforms, strengthening macro regulation, and boosting the vitality of market entities. These measures aim to stabilize market expectations, enhance the positive economic recovery momentum, and improve the livelihoods of the people.
Prominent members of the CPC Central Committee's Standing Committee, including Li Qiang and Wang Huning, attended the symposium. They discussed the economic progress in the first half of the year and strategized for the remaining months.
Leaders from eight non-CPC parties and representatives from various sectors provided valuable suggestions on topics such as promoting high-level opening-up, strengthening industrial and technological foundations, and boosting confidence in the private economy.
Despite acknowledging some challenges in the economy, Xi remains confident in overcoming these obstacles through strategic planning and collective effort. He called on all parties and personages to adopt a correct perspective on the current situation and work together to navigate through risks and challenges.
Looking ahead, Xi urged continued research on major reform measures and preparations for the upcoming 15th Five-Year Plan (2026-2030), which will guide the CPC Central Committee’s decision-making processes.
As China continues its journey towards high-quality development, these strategic initiatives are set to steer the nation towards sustainable growth and prosperity in the years to come. 🌍💪
