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HomeEconomicFocusRoundup: Vice Premier Reaffirms China's Commitment To Growth, Int'l Cooperation

Roundup: Vice Premier Reaffirms China’s Commitment To Growth, Int’l Cooperation

 

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China will always take economic development as the primary and central task, and high-quality economic development must always be China's goal, Chinese Vice Premier Liu He said here Tuesday.
   
He reaffirmed China's commitment to all-round opening-up, international cooperation with other countries for world economic stability and development, and economic re-globalization, in his speech delivered at the World Economic Forum Annual Meeting 2023.
  
 The Chinese economy will see a significant improvement this year, and its growth will most likely return to its normal trend, Liu said.
  
 Over the past 10 years, China's gross domestic product grew from 54 trillion to 121 trillion yuan; average life expectancy rose from 74.8 to 78.2 years; and contribution to global growth reached around 36 percent, Liu said, underlining that there are five things that China always bears in mind in making such achievements.
   
First, China must always take economic development as the primary and central task.
   Second, China must always make establishing a socialist market economy the direction of its reform.
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