Chinese Premier Li Qiang Chairs Seminar on Government Work Report Draft, Emphasizes Economic Resilience

Beijing, The Gulf Observer: Chinese Premier Li Qiang presided over a seminar on Tuesday to gather insights and opinions from experts, business leaders, and representatives across various sectors on the draft government work report. The event, attended by Vice Premier Ding Xuexiang, aimed to foster collaborative discussions on shaping China’s economic and social development strategies for the upcoming year.

Premier Li acknowledged the resilience and progress China achieved in the face of external pressures and domestic challenges over the past year, emphasizing the nation’s commitment to advancing high-quality development. He highlighted that despite the global landscape, the fundamental trend of China’s economic recovery and its long-term positive outlook remained unchanged.

Encouraging increased confidence and courage to tackle challenges, Premier Li outlined key priorities for economic and social development in the coming year. He emphasized the importance of refining macroeconomic regulation and control, enhancing the effectiveness of proactive fiscal policies, ensuring consistency in macroeconomic policy orientation, and maintaining a flexible, moderate, precise, and effective prudent monetary policy.

Additionally, Premier Li underscored the significance of accelerating reform and opening-up, with a focus on developing a unified national market. He called for the nurturing of new economic growth engines that address diverse societal needs and emphasized the creation of a world-class business environment marked by market-oriented, law-based, and internationalized principles.

As China continues to navigate its economic trajectory, the government remains committed to fostering innovation, sustainable growth, and global engagement. The seminar served as a platform for stakeholders to contribute to the development of policies that will guide China’s economic and social agenda in the year ahead.