Politburo of the CPC Central Committee announces China’s economic goals for next year

FBA “Economy Today”

The Chinese government has determined the vector of the country’s economic development in 2023. RIA Novosti writes about this with reference to the statement of the CPC Central Committee, which was made at a meeting held on December 6.

The authorities say that China’s main task is to strengthen confidence in the markets and expand domestic consumption. The communiqué also speaks of the importance of highlighting the fundamental role of consumption and the key role of investment.

Additional issues were the redistribution of development initiatives to local authorities and support for private entrepreneurship. Separately, they mentioned the optimization of measures against the coronavirus, which had previously caused discontent among citizens.

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