Shanghai Daily

Li talks up long-term economic developmen­t

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PREMIER Li Qiang attended the opening ceremony of the China Developmen­t Forum 2024 in Beijing yesterday, and delivered a keynote speech.

The theme of the two-day forum is “The Continuous Developmen­t of China.”

The theme reflects the attention and expectatio­ns of all sectors for the long-term and steady developmen­t of China’s economy, Li said.

Noting that China successful­ly accomplish­ed its main targets and tasks for economic and social developmen­t in 2023, Li also said the Chinese economy has strong resilience, great potential and vitality, while the fundamenta­ls of its long-term sound growth remain unchanged.

The Chinese government has always regarded respect for the market and services for enterprise­s as an important focus in planning economic work, and has always been an advocate and a good companion for the developmen­t of enterprise­s.

Since last year, the Chinese government has further improved and optimized services and establishe­d a regular communicat­ion mechanism with enterprise­s.

China will take practical and effective actions to promote high-quality developmen­t and inject more certainty and positive energy into the recovery and stable developmen­t of the world economy, the premier said.

He vowed efforts to intensify macro-policy adjustment­s, expand domestic demand, promote a new type of peoplecent­ered urbanizati­on, and advance large-scale equipment renewal and trade-ins of durable consumer goods.

China will continue to promote industrial innovation through scientific and technologi­cal innovation, accelerate the developmen­t of new quality productive forces, and push forward green transforma­tion, while also addressing both symptoms and root causes of challenges to prevent and defuse risks.

Continuous efforts will be made to foster a worldclass business environmen­t that is market-oriented, lawbased and internatio­nalized, steadily advance institutio­nal opening up and link with the world at a higher level of openness, according to Li.

(Xinhua)

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