Beijing, March 7 – China’s National People’s Congress (NPC) spotlighted bold economic priorities for 2024 during Thursday’s high-profile press conference, doubling down on tech innovation, sustainable development, and stabilizing growth amid global uncertainties.
Officials vowed to boost domestic consumption – calling it the 'main engine' of growth – while pledging support for startups and green industries like EV manufacturing 🌱. Analysts compared the strategy to 'leveling up' an RPG game, where targeted investments aim to unlock new economic 'power-ups' in AI, quantum computing, and renewable energy.
Youth employment got a nod too, with plans to create more 'moments for young talent' (📱💼) in tech hubs like Shenzhen and Shanghai. Meanwhile, leaders emphasized 'inclusive policies' for small businesses still recovering from pandemic-era pressures.
'It’s like China’s building its own economic Avengers squad,' said independent economist Li Wei. 'But the real challenge? Making sure all sectors sync up as seamlessly as a K-pop dance routine.'
The NPC also addressed global partnerships, hinting at expanded trade ties with ASEAN nations and the EU – a potential win for cross-border entrepreneurs 🚢🌏.
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China's National People's Congress holds press conference on economy
cgtn.com