Setting the expected target for GDP growth of around 5% in 2024 is both a pragmatic and challenging target.
First of all, the growth target is set at about 5%, which reflects China's deep understanding and accurate judgment of the current domestic and foreign economic situation. Against the backdrop of a complex and volatile global economic environment and the transformation and upgrading of the domestic economic structure, maintaining a moderate economic growth rate is not only conducive to stabilizing employment and ensuring people's livelihood, but also conducive to promoting high-quality development and achieving sustainable development.
Secondly, the setting of this growth target also reflects the general tone of China's work of seeking progress while maintaining stability. While maintaining stable economic growth, we should pay more attention to the quality and efficiency of economic development, promote economic restructuring, transformation and upgrading, and achieve high-quality economic development.
However, there are some challenges to achieving this goal. Factors such as the uncertainty of the domestic and foreign economic situation, the pressure of economic restructuring, and the intensification of resource and environmental constraints may have an impact on economic growth. Therefore, it is necessary for enterprises and all sectors of society to work together to strengthen policy coordination, promote reform and innovation, stimulate market vitality, and create favorable conditions for achieving this goal.
Overall, setting the expected GDP growth target for 2024 at around 5% is both a pragmatic and challenging target. While maintaining stable economic growth, we need to pay more attention to the quality and efficiency of economic development, promote high-quality economic development, and lay a solid foundation for achieving the goal of building a modern socialist country in an all-round way.