The spring flowers are blooming, and the two sessions are blooming again.
Starting today, shouldering the great trust of the people, NPC deputies and CPPCC members from all parts of the country, all walks of life, all ethnic groups, all walks of life, and all political parties will gather in Beijing to discuss the state of the country and go to the "Spring Festival" together. The first session to be convened today is the Second Session of the 14 th National Committee of the Chinese People's Political Consultative Conference. Tomorrow, March 5, the Second Session of the 14 th National People's Congress will also be solemnly held.
2024 is a year of celebration for the 75th anniversary of the founding of the People's Republic of China, a key year for China's implementation of the 14th Five-Year Plan, and a year for us to further consolidate and enhance the positive trend of economic recovery, cultivate new quality productivity at a high level, and promote economic development with high quality in the face of the extremely complex international and domestic environment and the important task of reform and development.
Standing at such a historical node and a new development journey, the convening of the National People's Congress and the National People's Congress will continue to attract the attention of many international and domestic eyes. After all, as the world's second largest economy, how China's economy and society plan to develop in 2024 is not only related to the well-being of 1.4 billion Chinese, but also related to the recovery of the world economy. On February 29, the "2023 National Economic and Social Development Statistical Communiqué" released by the National Bureau of Statistics showed that China's GDP in 2023 will be 126 trillion yuan, an increase of 52%, ranking second in the world, and deservedly becoming the largest contributor to global economic growth. In this sense, a self-confident, open, energetic, resilient and dynamic China will bring more stability and more new opportunities for development in the current turbulent world.
However, while seeing China's major achievements in economic and social development, we should also be soberly aware of the challenges and difficulties we are facing. In this regard, the first economic work conference held at the end of last year has pointed out: that is, "insufficient effective demand, overcapacity in some industries, weak social expectations, there are still many risks and hidden dangers, there are blockages in the domestic cycle, and the complexity, severity and uncertainty of the external environment are rising". As for how to overcome the current difficulties and how to do a good job in this year's economic work, after an in-depth analysis of the domestic and foreign situation, the first comrade as the core has made a major deployment at the first economic work conference held in December 2023, that is, to adhere to the 12-word requirements of "seeking progress in stability", "promoting stability with progress" and "establishing first and then breaking". According to the usual practice, the two sessions of the National People's Congress and the National People's Congress every year will make meticulous arrangements and implement economic work. We can fully believe that the relevant policy recommendations on the implementation of the above 12-word requirements at this year's National People's Congress and the National People's Congress are ...... on the implementation of the above 12-character requirements, such as the relevant suggestions on "high-quality development is the last word in the new era" and "high-level cultivation of new quality productivity", how to formulate economic growth targets for 2024, how to optimize the business environment and expand the private economy, and the setting of deficit ratio and debt scaleThere will definitely be wonderful "spring news" and "good voices" coming one after another.
Here, we would like to talk about China's capital market in particular. During the two sessions of the National People's Congress, "capital market" as a hot word has never been absent. Since the beginning of this year, the attention of all parties in the market to the capital market has increased significantly compared with before the two sessions.
As we all know, since the Political Bureau of the Communist Party of China held a meeting on July 24 last year and proposed to "activate the capital market and boost investor confidence", a series of positive capital market policies have been launched one after another. This shows that the expectation of a strong capital market to serve the real economy and help scientific and technological innovation has reached a new height. However, at the beginning of the year, China's performance was clearly not matched by the good fundamentals of China's economy.
In the face of an extremely complex international environment, in the face of arduous and arduous tasks of reform, development and stability, and in the face of possible crises in the capital market, under the unified leadership of the Financial Working Committee, the China Securities Regulatory Commission has spoken out intensively in a short period of time and made heavy moves.
On February 7, after the new "head" took office, the China Securities Regulatory Commission seized a very short time window and carried out intensive work. Among them, a series of symposiums were held to listen to the opinions of all parties on strengthening the supervision of the capital market, preventing and resolving risks, and promoting the high-quality development of the capital market, and the industry responded well. Not only that, the relevant measures responded to investors' concerns in a timely manner, and fully released the regulator's determination to invigorate the capital market and boost investor confidence. In this regard, ** expressed the "rising" voice of the market with "Balianyang". On February 27, the China Securities Regulatory Commission held a symposium on the construction of the rule of law in the capital market. The meeting pointed out that the normative requirements of the capital market are extremely high, and the rule of law is prosperous when the market is prosperous. The positive energy of the supply of the government has also won the applause and "rise" of the market.
Around the Spring Festival, the China Securities Regulatory Commission (CSRC) made iron-fisted regulations, "zero tolerance" law enforcement, and strong supervision and toughness, reshaping a clear space in China's capital market. The CSRC's approach of increasing the supply of governance, improving the efficiency of law enforcement, strengthening judicial guarantees, and giving full play to the role of the rule of law in the high-quality development of the capital market in consolidating the fundamentals, stabilizing expectations, and benefiting the long-term will undoubtedly become a topic of discussion among the members of the financial system. At the same time, this is also the keen expectation of all parties in the capital market for the two sessions.
Expectation and eagerness are the seeds of dreams, and time is the friend of struggle. As long as everyone works hard, works with one heart and one mind, moves towards the "new" and climbs towards the "high", we can fully believe that the convening of the National People's Congress and the National People's Congress in 2024 will greatly accelerate the pace of China's economy to win the future with science and technology innovation and promote high-quality development with new quality productivity, and will also strongly promote the capital market in the Year of the Dragon to get off to a good start in the journey of rule of law, marketization and internationalization.
I wish the conference a complete success!
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