- ensure both high-quality development and greater security
- boost economic vitality, prevent and defuse risks, and improve public expectations
- consolidate and build momentum for economic recovery and growth
- continue to effectively pursue higher-quality economic growth and appropriately increase economic output
- improve the people’s wellbeing
- maintain overall social stability
These efforts will ensure that we make further progress in building a great country and advancing national rejuvenation on all fronts through Chinese modernization.
A comprehensive analysis and assessment shows that China’s development environment this year will continue to feature both strategic opportunities and challenges, with favorable conditions outweighing unfavorable ones.
China has distinctive institutional strengths and the advantages of vast market demand, a complete industrial system to ensure supply, and a huge and high-caliber workforce. In addition, our country’s capacity for scientific and technological innovation continues to grow, new industries, new business models, and new growth drivers are expanding at a faster pace, and the internal drivers for development are being built up. The underlying trend of economic recovery and long-term growth remains unchanged and will not change. So we must be more confident and more assured of ourselves.
On the other hand, we should not lose sight of worst-case scenarios and should be well prepared for all risks and challenges. As long as we fully implement the decisions and plans of the Party Central Committee, make good use of all favorable opportunities and conditions, and fully leverage the motivation, dedication, and creativity of everyone, we will undoubtedly overcome difficulties and challenges and promote sound and steady economic growth.
The main targets for development this year are projected as follows:
- GDP growth of around 5 percent
- over 12 million new urban jobs
- surveyed urban unemployment rate of around 5.5 percent
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