The recent Economic Work Conference set an important tone for the direction of China's economy in 2024. The meeting emphasized the strategy of "seeking progress while maintaining stability, promoting stability through progress, and establishing first and then breaking down", aiming to balance economic stability and structural adjustment. In addition, the meeting made it clear that it will continue to implement a proactive fiscal policy and a prudent monetary policy, strengthen the counter-cyclical and cross-cyclical adjustment of macroeconomic policies, and strengthen the innovation and coordination of policy tools.
Scientific and technological innovation has been put at the top of the key work, emphasizing the use of scientific and technological innovation to promote industrial development and improve the resilience and safety level of the industrial chain. The meeting also paid attention to the development of the private economy and small and medium-sized enterprises, and proposed to meet the reasonable financing needs of real estate enterprises under different ownership systems and promote the steady and healthy development of the real estate market. Full attention has also been paid to the "three rural" work, regional coordinated development, ecological civilization construction and green and low-carbon development, as well as people's livelihood issues.
The deployment and directives of this meeting indicate that China will strengthen reform and innovation to achieve high-quality development while stabilizing growth. These measures aim to stimulate the potential of domestic demand and promote a virtuous cycle of consumption and investment, while striking a balance between risk prevention and control and structural adjustment. The emphasis on scientific and technological innovation and industrial upgrading, as well as the prudent handling of the real estate market, shows the new direction of China's economic development.
The meeting also put forward special attention to the "three rural" work, promote regional coordinated development, further promote the construction of ecological civilization and green and low-carbon development, and effectively protect and improve people's livelihood. These measures reflect the importance that China attaches to balanced development in all aspects of economy, society and environment.
In the future, these policies and directions will provide clear guidance for China's economic development, which will help achieve long-term stable and sustainable growth. All things considered, the signal released by the meeting shows that China will continue to walk on the path of reform and opening up and innovation-driven, and at the same time pay more attention to the optimization of the economic structure and risk prevention and control. 100 help plan