Enhancing Policy Coordination to Drive High-Quality Development
At its meeting on February 27, China's Politburo reaffirmed the need to implement more proactive fiscal policies and prudent monetary policies to strengthen macro-level coordination. This strategic direction aims to provide strong support for stable economic growth and long-term development.
Stimulating Domestic Demand and Cultivating New Growth Drivers
The meeting emphasized accelerating the construction of a robust domestic market and fostering emerging industries to build new sources of growth. Prioritizing self-reliance in science and technology, the strategy seeks to optimize supply structures and enhance alignment between supply systems and domestic demand, thereby boosting market vitality and innovation.
Deepening Reforms and Expanding Openness to Shape a New Development Pattern
Continuous reforms in key areas and expanded high-level openness were highlighted as critical to sustaining development momentum. The meeting called for advancing rural revitalization, promoting new urbanization, and fostering balanced regional development to create a more equitable economic structure.
Strengthening Livelihoods and Accelerating Green Transformation
The meeting underscored the importance of safeguarding and improving people’s well-being, focusing on areas such as education, healthcare, and elderly care. It also emphasized the need to accelerate the transition to green development and promote ecological progress to support sustainable economic growth.
Enhancing Governance and Ensuring Development Security
Additionally, the government must strengthen its own capacity, uphold a correct performance-oriented mindset, and enhance its ability to manage risks and emergencies. This will help ensure security in key areas and provide a solid foundation for high-quality development.