First observation | Learn and understand the spirit of the Central Economic Work Conference from four aspects.

  The Central Economic Work Conference was held in Beijing from December 11th to 12th. General Secretary of the Supreme Leader delivered an important speech, comprehensively summarized the economic work in 2023, profoundly analyzed the current economic situation, and systematically deployed the economic work in 2024. Read through the press release of the conference and learn the important spirit of the conference from four aspects at the first time.

  "Five Necessities": Deepening the Regular Understanding of Doing a Good Job in Economic Work in the New Era

  It is an important content of the central economic work conference since the new era to summarize the important experience of doing economic work well in time and deepen the understanding of the regularity of economic work.

  This meeting further deepened the regular understanding of doing a good job in economic work in the new era and put forward the "five musts" with remarkable attention.

  Development is the basis and key to solve all problems in our country. Since the 19th National Congress of the Communist Party of China, all previous central economic work conferences have made important arrangements around promoting high-quality development. Report to the 20th CPC National Congress of the Party pointed out that high-quality development is the primary task of building a socialist modern country in an all-round way.

  "We must adhere to high-quality development as the last word in the new era". In line with "development is the last word", high-quality development has been given a new era connotation. Firmly grasping the primary task of high-quality development is the fundamental follow-up for determining development ideas, formulating economic policies and promoting economic work at present and in the future.

  "We must persist in deepening supply-side structural reform and focus on expanding effective demand synergy". Focus on building a new development pattern, emphasize giving full play to the advantages of super-large-scale market and strong production capacity, make the domestic large-scale circulation based on the main force of domestic demand, and improve the quality and level of international circulation.

  "We must persist in relying on reform and opening up to enhance the endogenous driving force for development". Focusing on the fundamental driving force of Chinese modernization, it emphasizes the overall promotion of deep-level reform and high-level opening up, constantly liberating and developing social productive forces and stimulating and enhancing social vitality.

  "We must adhere to the benign interaction between high-quality development and high-level safety". This point emphasizes that development and security complement each other and complement each other. We should not only enhance our sense of hardship and be prepared for danger in times of peace, but also strive to achieve a dynamic balance between them and fight a strategic initiative to turn danger into opportunity.

  "Promoting Chinese modernization must be regarded as the biggest politics". Promoting the great rejuvenation of the Chinese nation in an all-round way with Chinese modernization is the mission of the Communist Party of China (CPC) in the new era and new journey. Guided by "the greatest politics", it is the meaning of Chinese modernization to emphasize focusing on economic construction and promoting high-quality development.

  The "Five Necessities" further enriched and developed the economic thought of the Supreme Leader, and pointed out the way forward for comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese modernization.

  "12 words": strive for progress in stability, promote stability with progress, stand first and then break.

  To do a good job in economic work in 2024, the meeting stressed that it is necessary to persist in striving for progress in stability, promoting stability through progress, and establishing first and then breaking. These 12-word job requirements highlight the primary task of firmly grasping high-quality development, and reflect the deep consideration of consolidating and strengthening the economic recovery and continuously promoting the effective improvement of quality and reasonable growth of quantity.

  The general tone of the work of striving for progress while maintaining stability is an important principle of our party in governing the country and the methodology of doing a good job in economic work. Since the 18th National Congress of the Communist Party of China, the central economic work conferences have always adhered to the general tone of striving for progress while maintaining stability and made new improvements in economic work. The meeting put forward "striving for progress in stability, promoting stability with progress, establishing first and then breaking", which reflected the profound grasp of the dialectical relationship between "stability" and "progress", "establishment" and "breaking".

  The more complicated and changeable the situation is, the more we should persist in striving for progress while maintaining stability.

  Stability is the overall situation, and more policies are conducive to stabilizing expectations, steady growth and stable employment, so as to create a stable development environment for "progress" on the basis of economic recovery and stable social development; Progress is the direction. We should be proactive in changing the mode, adjusting the structure, improving the quality and increasing the efficiency, and constantly consolidate the foundation of stability and improvement through "progress" in economic structure, development quality and major reforms.

  In this process, we must insist on establishing before breaking.

  In 2021, the Central Economic Work Conference put forward that "adjusting policies and promoting reforms should be timely and effective, and we should persist in establishing first, then breaking, and steadily and steadily". This year, the Central Economic Work Conference again proposed to establish first and then break, which reflected that it was determined before moving, step by step, and slowly but surely.

  Whether adjusting policies or promoting reforms, we should grasp the advantages and disadvantages, solve the problems in development by means of development, and adjust and optimize the stock by cultivating growth increments, so as not to rush for success and be divorced from reality, which is particularly important for China’s economy in the transition period of old and new kinetic energy.

  Nine key tasks: focus on promoting high-quality development

  Focusing on promoting high-quality development, this Central Economic Work Conference has made arrangements for nine key tasks to be done well in 2024, which embodies the policy orientation of highlighting key points and grasping key points.

  The complexity, severity and uncertainty of the external environment for China’s development are rising, and the task of domestic reform, development and stability is arduous and arduous, and there are many things to be arranged and deployed. The arrangement of key work in this meeting reflects the superb ability of the CPC Central Committee to make overall plans and control the overall situation and a clear understanding of the situation.

  Leading the construction of modern industrial system with scientific and technological innovation, emphasizing the important traction role of innovation in industrial development;

  Efforts will be made to expand domestic demand and make precise efforts to plug the domestic large-scale circulation;

  Deepen the reform of key areas, focus on key issues such as the reform of state-owned enterprises, the development and growth of private enterprises, and the construction of a unified national market, and clearly "plan major measures to further comprehensively deepen reform";

  Expand high-level opening to the outside world; Continue to effectively prevent and resolve risks in key areas; Persevere in the work of agriculture, countryside and farmers; Promote urban-rural integration and coordinated regional development; Further promote the construction of ecological civilization and green and low-carbon development; Effectively safeguard and improve people’s livelihood … …

  These nine key tasks are closely related to the key issues and key links related to high-quality development, and the specific grasping hands and solutions are defined, which highlights the problem-oriented work method and the work style of seeking practical results, and embodies the working ideas of grasping the main contradictions, breaking through bottlenecks and paying attention to forward-looking layout.

  Four "Grasping and Implementing": Upholding and Strengthening the Party’s Overall Leadership

  Thoroughly implementing the decision-making arrangements of the CPC Central Committee on economic work is a clear manifestation of upholding and strengthening the Party’s overall leadership over economic work.

  Implement it to the letter to ensure that the final effect conforms to the decision-making intention of the CPC Central Committee; Resolutely and vigorously implement it, and make overall plans to grasp the timeliness and effectiveness; Seeking truth from facts and implementing it, resolutely rectifying formalism and bureaucracy; Dare to do good deeds and implement them, adhere to the correct orientation of employing people, and give full play to the enthusiasm, initiative and creativity of leading cadres at all levels.

  The four "grasping implementation" emphasize the unity of knowing and doing, and the test is to take responsibility. Leading cadres at all levels should make great efforts to study, grasp and implement in an all-round way, strive to achieve the goals and tasks of economic and social development, and make new and greater contributions to comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese modernization with practical actions and results of high-quality development.

  Planning: Huo Xiaoguang

  Producer: Zhang Xudong

  Lead writers: An Bei, Yan Fujing

  Coordinator: Zou Wei, Wu Jingjing and Yang Jinxin.

  Vision | Editor: Zhang Huihui, Bao Yuhan

  Xinhua News Agency produced domestically.

  Produced by the first studio of Xinhua News Agency