Finance is a core competitiveness of a nation. Financial security is an important component of national security, and the financial system is a basis for economic and social development.
The history of human development proves that innovation has always been important for promoting the development of a country and its people as well as human society.
The basic economic system in which public ownership is dominant and diverse forms of ownership develop side by side is a fundamental policy inaugurated by the CPC.
Supply-side economics emphasizes that supply creates its own demand, so supply is the key to economic development – to increase production and supply, tax cuts are a must to improve savings, investment capacity, and initiative.
A distinctive characteristic of economic development during the 13th Five-year Plan period (2016-2020) is that it has entered a new normal.
China's economic development is now in the new normal. This conclusion is drawn from analyzing the world economic cycle, China's development stage, and the interaction between the two.
The central leadership has decided to implement three initiatives: the Belt and Road Initiative, the Coordinated Development of Beijing, Tianjin and Hebei, and the Yangtze River Economic Belt.
To improve our economic work, first of all, we should have a rational understanding of the current situation and a sound assessment of future trends.