Amidst a global trade war, Chinese Premier Li Qiang hosted a symposium on the afternoon of the 9th with economic experts and entrepreneurs, emphasizing that the first quarter economy continued its recovery momentum, although external shocks are exerting some pressure on the stable operation of China's economy. We have fully anticipated this and are prepared to deal with various uncertainties.
According to a report by CCTV Evening News, experts and entrepreneurs such as Zhang Bin, Li Xunlei, Shen Jianguang, Wan Min, Zheng Jin, Peng Zhihui, and Wang Juan successively spoke at the symposium. They believe that since the beginning of this year, China's economy has been operating steadily and moving towards a positive direction. Although changes in the external environment bring quite a few difficulties, China's economic advantages are numerous, with strong resilience and great potential, offering a positive long-term development outlook. They also provided opinions and suggestions on how to respond to external shocks and promote continuous economic improvement.
After listening to the speeches of experts and entrepreneurs, Li Qiang said, “Under the strong leadership of the CPC Central Committee with Xi Jinping at its core, we have responded to risks and challenges calmly and steadily. The first-quarter economy has continued its recovery momentum. At the same time, we must soberly recognize that external shocks exert some pressure on the stable operation of our economy. We have fully anticipated this and have prepared to address various uncertainties. As long as we stay committed to our tasks, we can certainly promote stable and long-term development of China's economy.”
Li Qiang emphasized the need to implement more proactive and effective macro policies, proactively pushing for the swift implementation and effectiveness of established policies, and introducing new incremental policies as required by the situation. Efforts should be made to strengthen the domestic circulation, with expanding domestic demand as a long-term strategy, intensifying efforts to stabilize employment and increase income, and leading and creating demand with high-quality supply. It is necessary to fully stimulate the vitality of various business entities and strive to provide a better development environment and policy services for enterprises.