CCTV News: On the morning of March 5, the Third Session of the 14th National People's Congress held an opening meeting in the Great Hall of the People. 2025 is the final year of the "14th Five-Year Plan" and an important year for further comprehensive deepening of reforms. At this important moment of inheriting the past and opening up the future, how will this grand event draw a new chapter in development?

The 2025 government work report is full of highlights. The first thing that has attracted much attention at home and abroad is how China's economic development goals are set. The report proposes that the main expected development goals for 2025 are: GDP growth of about 5%, consumer prices increase by about 2%, and the balance of international payments remains basically balanced. The representatives and deputies believe that the setting of these goals is based on the present and the long-term. It takes into account the current external challenges China faces as well as domestic structural issues. It can be seen that the Chinese government is more concerned about the quality of economic growth than the simple speed. High-quality development will continue to be the core of economic policies in 2025, especially in promoting scientific and technological innovation, digital economy, green development, industrial upgrading, etc. The 2025 government work report proposes to implement a "more proactive fiscal policy" and changes the word "prudent monetary policy" that has been used in the government work report for 14 consecutive years to "moderately loose monetary policy". The change in this statement is of great significance. What signal does it send? Many private enterprises have talked about the difficulty of financing in recent years, especially in 2024. This adjustment of macro-policy will help maintain abundance of market liquidity and help provide strong financial support for private and small and micro enterprises to become stronger, better and bigger. In addition, against the backdrop of major changes in the international and domestic environment, this adjustment will also clearly express the country's policy attitude towards dealing with the current economic downturn risks, which will undoubtedly boost market confidence. From improving people's livelihood and helping enterprises develop, the 2025 government work report distributed a series of heartwarming "gift packages" to help enterprises and the people, including arranging 300 billion yuan of super-long-term special treasury bonds to support consumer goods for new ones, improving the normal wage growth mechanism for workers, and guiding more private capital to participate in the construction of major infrastructure, social and people's livelihood and other fields. These "gift packages" that help enterprises and benefit the people will enhance people's sense of happiness and gain, and at the same time boost the confidence in the development of private enterprises, especially small and micro enterprises. In 2025, the popular AI industry has attracted domestic and foreign attention. After 2024, the "Artificial Intelligence + Action" in 2025 continues to be written into the government work report. The report also mentioned that future industries such as biomanufacturing, quantum technology, embodied intelligence, and 6G should be cultivated. How will these future technologies be cultivated? How do they empower and change traditional industries and promote industrial upgrading? What changes can it bring to the lives of the people? These topics will be the focus of discussions at the 2025 Two Sessions.



