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Economic planner: China to solidly promote development, reform

Xinhua | July 31, 2023

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China's economic planner said on Sunday at a meeting it will solidly promote development and reform, sticking to the general principle of making economic stability a top priority and pursuing progress while ensuring stability.

The National Development and Reform Commission, the economic planner, highlighted six tasks at the meeting.

The tasks include intensifying macro-policy regulation; promoting consumption and increasing investment; supporting the development of the real economy; deepening reform and opening up; consolidating the foundation of economic security; and ensuring and improving public wellbeing, according to the meeting.

The Chinese economy has strong resilience, great potential, plenty of vitality, and the long-term positive fundamentals of the country's economy have not changed, it said.