China's Economic Chiefs Hold Press Conference at National People's Congress video poster

China’s Economic Chiefs Hold Press Conference at National People’s Congress

China’s Economic Leaders Engage Media at National People’s Congress Press Conference

Beijing, Wednesday — In a significant move reflecting China’s commitment to transparency and global economic collaboration, the press center for the second session of the 14th National People’s Congress (NPC) held a press conference on the economy. Top economic policymakers addressed pressing questions from both domestic and international media.

The panel featured prominent figures including Zheng Shanjie, chairman of the National Development and Reform Commission; Lan Fo’an, minister of finance; Wang Wentao, minister of commerce; Pan Gongsheng, governor of the People’s Bank of China; and Wu Qing, chairman of the China Securities Regulatory Commission. These leaders provided insights into China’s strategies on development and reform, fiscal policies, commerce, and financial securities.

Zheng Shanjie emphasized the importance of sustainable development and China’s plans to foster innovation-driven growth. “We are focused on high-quality development that benefits not only China but also contributes to the global economy,” he stated.

Lan Fo’an outlined the government’s approach to fiscal stability and prudent financial management. “Our fiscal policies aim to balance growth with risk prevention, ensuring economic resilience in the face of global challenges,” he noted.

Wang Wentao discussed measures to enhance international trade and investment. “China remains open to the world, and we are taking steps to improve the business environment for foreign investors,” he explained.

Pan Gongsheng addressed monetary policies and financial market stability. “We will maintain a stable monetary policy to support economic growth while preventing financial risks,” he said.

Wu Qing spoke about regulatory reforms in the securities market. “Our goal is to build a transparent, fair, and efficient capital market that safeguards investors’ interests,” he remarked.

The press conference highlighted China’s proactive approach to navigating economic complexities and its readiness to engage with the international community. The insights provided are crucial for global readers, business professionals, investors, academics, and anyone interested in understanding the dynamics of Asia’s largest economy.

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