Political Bureau meeting of the CPC Central Committee: Analysis and study of the current economic situation and economic work

Release time:

2023-09-16 16:19

The Political Bureau of the CPC Central Committee held a meeting on October 31 to analyze and study the current economic situation and deploy current economic work. Xi Jinping, General Secretary of the CPC Central Committee, presided over the meeting.

The meeting held that since the beginning of this year, all regions and departments have followed the decisions and arrangements of the Party Central Committee, adhered to the general tone of work of seeking progress while maintaining stability, implemented new development concepts, implemented high-quality development requirements, focused on supply-side structural reform, and worked hard to prevent and resolve problems. The three major battles against major risks, targeted poverty alleviation, and pollution prevention and control have accelerated the pace of reform and opening up, and achieved sustained and healthy economic and social development. In the first three quarters, the economy was generally stable, making progress while maintaining stability, and continued to remain within a reasonable range. Consumer prices are basically stable, manufacturing investment has rebounded to a high level in recent years, imports and exports have grown rapidly, the use of foreign investment has steadily expanded, the autumn grain harvest has been bumper, residents' income growth has basically synchronized with economic growth, and new urban employment has achieved the full-year target ahead of schedule. . The economic structure continues to be optimized. Supporting the development of the private economy and implementing a series of measures to promote the healthy development of the financial market have boosted market confidence.
The meeting pointed out that the current economic performance is stable with changes, the downward pressure on the economy has increased, some enterprises have more operating difficulties, and long-term accumulated risks have been exposed. We must attach great importance to this, enhance predictability, and take timely countermeasures.

The meeting pointed out that the current economic situation in our country is the result of the joint action of long-term and short-term, internal and external factors. Our country's economy is shifting from a stage of rapid growth to a stage of high-quality development. The external environment has also undergone profound changes, and some policy effects need to be further released.
The meeting emphasized that in the face of outstanding contradictions and problems in economic operations, we must adhere to the general tone of seeking progress while maintaining stability, adhere to new development concepts, adhere to supply-side structural reform as the main line, intensify reform and opening up, and seize the main contradictions, be addressed in a targeted manner. We must effectively handle our own affairs, unswervingly promote high-quality development, implement proactive fiscal policies and prudent monetary policies, and do a good job in stabilizing employment, stabilizing finance, stabilizing foreign trade, stabilizing foreign investment, stabilizing investment, and stabilizing expectations, and effectively Respond to changes in the external economic environment and ensure the smooth operation of the economy. It is necessary to adhere to the "two unwavering principles", promote the common development of economies of various ownerships, and study and solve the difficulties encountered in the development of private enterprises and small and medium-sized enterprises. Focus on capital market reform, strengthen system construction, stimulate market vitality, and promote the long-term and healthy development of the capital market. Continue to actively and effectively utilize foreign capital and safeguard the legitimate rights and interests of foreign-invested enterprises in China. We must improve our work style and pay close attention to implementation so that various policies and measures that have been introduced can take effect as soon as possible.
The meeting requested that we do a solid job in all the work at the end of the year. We must do a good job in celebrating the 40th anniversary of reform and opening up and holding the first China International Import Expo. We must do a good job in ensuring people's livelihood in winter, especially ensuring that the masses have a warm winter, ensuring that the wages of migrant workers are paid in full and on time, ensuring production safety, strengthening the prevention and control of natural disasters, and ensuring overall social stability.

The meeting also studied other matters.

(Source: Xinhua News Agency)