China’s top economic planner, Zheng Shanjie, expressed strong confidence in the nation’s ability to achieve its 2024 economic and social development goals. Speaking at a conference on Tuesday, the head of the National Development and Reform Commission highlighted the positive impact of existing policies and the introduction of new measures on market expectations.
“With the continued effects of our current policies and the rollout of new ones, we are witnessing a significant improvement in market expectations,” Zheng stated. “This momentum gives us the assurance that we can meet our targets for the coming year.”
Zheng emphasized the government’s commitment to fostering a stable and progressive economic environment. He pointed out that the strategic implementation of policies is designed to stimulate growth, enhance social welfare, and strengthen market confidence.
The National Development and Reform Commission has been instrumental in steering China’s economic policies, focusing on sustainable development and innovation. The commission’s efforts aim to balance growth with social development, ensuring that economic advances translate into improved living standards for the population.
Market analysts have noted the positive shift in investor sentiment following recent policy announcements. The combination of supportive fiscal measures and reforms is expected to bolster key sectors and drive economic activity.
Zheng’s remarks come at a crucial time as China navigates global economic challenges. His optimism reflects the government’s strategic approach to maintaining economic stability and achieving long-term development objectives.
“Our focus remains on high-quality development,” Zheng added. “We are dedicated to overcoming obstacles and seizing opportunities to fulfill our economic and social goals for 2024.”
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Top economic planner: China confident of meeting 2024 growth goals
cgtn.com
