On December 2, the 2023 Annual Conference of Finance and Economics was held in Beijing with the theme of "Finding the Source of Confidence in China's Economy". Zhang Zhifang, chairman of Hexun.com, said that China's economy is currently in a period of scarring effect brought about by the epidemic, a critical period of industrial structure transformation, and a typical situation of the three phases of the international environment's "change period of order reconstruction", so that enterprises and individuals can get a more fulfilling, more secure and more sustainable sense of gain, happiness and security, which can not only enhance people's confidence in China's economy, but also the general expectation of society.
In response to the general lack of confidence in growth, Zhang Zhifang said that at present, being constrained, not daring to take risks, and lacking courage are the prominent constraints hindering high-quality economic development. Strong supervision is not in conflict with encouraging innovation and trial and error. We need to create an inclusive environment where we are adventurous and innovative.
Zhang Zhifang pointed out that since the beginning of this year, China has continued to introduce a variety of measures to promote reform, stabilize growth, prevent and resolve various risks, and encourage private investment, all of which have created a good policy environment for economic growth and made us have more expectations for 2024. It is believed that more targeted policy recommendations and reform measures will create better conditions for China's economy to develop steadily and far-reaching.