China is stepping up its game to smash its 2024 development goals in the second half of the year! 💪 According to a State Council report delivered to the nation's top legislature on Tuesday, the vibes are looking strong for economic and social progress.
Xiangli Bin, the deputy head of the National Development and Reform Commission, took center stage to present the report on the implementation of China's national economic and social development plan for this year. And guess what? Things are on track! 📈
\"Our economic growth, employment rates, and international balance of payments are all hitting the marks,\" Xiangli announced to the Standing Committee of the 14th National People's Congress. But it's not all sunshine and rainbows; the report did throw in a word of caution about uncertainties like a changing global environment, low domestic demand, and risks in key sectors. 🌧️
To keep the momentum going, China plans to amp up major reforms for the rest of the year. Think constructing a unified national market, polishing up the systems that support the market economy, and diving deeper into fiscal, taxation, and financial sector reforms. 🚧
Xiangli stressed that macro policies will get a boost and become more laser-focused, emphasizing the need for counter-cyclical adjustments. \"We need to coordinate efforts to stabilize growth and mitigate risks,\" he said. 🎯
Looking ahead to the second half of 2024, the game plan includes revving up domestic demand by sparking consumption, stabilizing foreign trade and investment, pushing forward rural revitalization and new urbanization, promoting green and low-carbon development, and making sure people's livelihoods keep improving. 🌱
China's got its eyes on the prize, and with these strategies in play, it's all systems go for achieving its annual goals! 🚀
Reference(s):
cgtn.com
