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China's 2023 Goal: Stable Growth

China's leaders have decided to prioritize stable economic growth in 2023. They plan to expand consumption and recover from the pandemic's impact.

Flag of People's Republic of China
Flag of People's Republic of China

China's Recovery "Not Yet Solid

The annual economic plans meeting emphasized that the foundation for China's economic recovery still needs to be solid. The leaders plan to implement support measures, such as a proactive fiscal policy and a prudent monetary policy.

Leaders Focus on Stabilizing Growth

The leaders of China, including President Xi Jinping and Premier Li Keqiang, focused on stabilizing growth, employment, and prices. They also address the difficulties college graduates face in finding employment.

Convenient Environment for Foreign Business

The leaders emphasized the need to provide a convenient environment for foreign businesspeople to engage in trade and investment negotiations in China.

Technology Self-Reliance

The leaders also called for self-reliance and self-improvement in science and technology policies amidst increasing competition with the United States.