Economic development has attracted much attention this year. China** has been committed to implementing prudent macroeconomic policies to ensure sustained and healthy economic growth and bring more benefits to the country and its people.
This year, China's economy has faced some challenges, such as the continued spread of the global pandemic and the rise of international protectionism. These factors have had an impact on the economy to a certain extent. However, China** has taken a series of proactive measures to address these challenges early on, and has achieved positive results.
First, China** will continue to implement an active fiscal policy and a prudent monetary policy. By increasing fiscal spending and reducing taxes and fees, it will boost domestic demand growth, boost market confidence, and provide more support for the development of enterprises. At the same time, a moderate monetary policy will maintain stable liquidity and provide a good financial environment for economic development.
Second, China will further deepen reform and opening up, and promote economic restructuring, transformation and upgrading. By reducing administrative approvals, relaxing market access restrictions and promoting market-oriented reforms, market vitality will be stimulated, and economic competitiveness and innovation capabilities will be improved. At the same time, it will also increase support for emerging industries and high-tech industries to promote sustainable economic development.
In addition, China will continue to promote coordinated regional development and urban-rural integration, and promote the optimal allocation of resource elements and the coordinated development of industrial structure. Through the development of the central and western regions and rural areas, the gap between urban and rural areas will be narrowed and the goal of a moderately prosperous society in all respects will be achieved. At the same time, it will also increase efforts to protect the ecological environment and promote green development and sustainable development.
To sum up, this year's economic development is facing challenges, but China will continue to take active measures to implement prudent macroeconomic policies, promote reform and opening up, and promote structural optimization, transformation and upgrading. It is believed that under the guidance of China, China's economy will continue to maintain stable growth and create more employment opportunities and well-being for the people. We are confident in the economic development next year.