CCTV News: At the regular press conference of the Chinese Ministry of Foreign Affairs held on March 18, spokesperson Mao Ning said that China will further deepen reforms and expand opening up, promote China's economic ship to ride the wind and waves, move forward steadily, benefit China, and bring valuable stability to the world.
China's economic growth target of about 5% this year is based on scientific judgment of the domestic and international situation and firm confidence in the path of high-quality development. It coordinates the balance between quality and quantity, and reflects the general tone of seeking progress while maintaining stability and striving for progress.
Although we face challenges such as increasing tariff barriers and complex external environment, we are confident in achieving the goal of economic growth. From the demand side, China has a huge market size and huge domestic demand potential. From the supply side, we have the world's most complete industrial system and strong production capacity. From the perspective of institutional advantages, we have an effective governance mechanism with long-term planning, scientific regulation, and coordination between the upper and lower levels. From the perspective of policy tools, more proactive fiscal policies and moderately loose monetary policies will be implemented this year to provide strong support for high-quality economic growth. We are accelerating the construction of a new development pattern with the domestic circulation as the main body and the domestic and international circulations mutually promoting each other. Multiple trading partners cover more than 230 countries and regions around the world and have the ability to resist the uncertainty brought about by external shocks.
On March 17, relevant Chinese departments introduced the operation of China's national economy from January to February this year. It can be seen that China's economy continues to rebound and improve, and a series of policy measures are taking effect. We will further deepen reform and expand opening up, promote China's economic ship to ride the wind and waves, move forward steadily, benefit China, and bring valuable stability to the world.
