EUR/USD
1.17082
-0.102%
Gold
4638.88
-0.915%
Oil
96.633
1.804%
USD/JPY
159.134
-0.177%
GBP/USD
1.35233
-0.072%
GBP/JPY
215.204
-0.248%
Real-time News
On April 28, the Political Bureau of the CPC Central Committee held a meeting to analyze and study the current economic situation and economic work. The meeting emphasized the need to accelerate the construction of a modern industrial system and maintain a reasonable proportion of manufacturing. It stressed the importance of deepening the construction of a unified national market and thoroughly addressing "involutionary" competition. The meeting also called for the comprehensive implementation of the "Artificial Intelligence+" action plan, developing new forms of intelligent economy, and improving the governance of artificial intelligence. Furthermore, it stressed the need to further deepen the reform of state-owned assets and enterprises. Finally, it emphasized the need to systematically address external shocks and challenges, improve the level of energy and resource security, and respond to various uncertainties with the certainty of high-quality development.April 28 – The Political Bureau of the CPC Central Committee held a meeting on April 28 to analyze and study the current economic situation and economic work. The meeting pointed out the need to further tap the potential of domestic demand. This includes expanding the supply of high-quality goods and services to promote consumption upgrading; further implementing the action plan to expand and improve the service industry; strengthening the planning and construction of water networks, new power grids, computing networks, next-generation communication networks, urban underground pipe networks, and logistics networks; and promoting the commencement of major projects when conditions are ripe.On April 28, the Political Bureau of the CPC Central Committee held a meeting to analyze and study the current economic situation and economic work. The meeting pointed out the need to effectively prevent and resolve risks in key areas. Efforts should be made to stabilize the real estate market and steadily promote urban renewal. Local government debt risks should be resolved in an orderly manner, and efforts should be focused on resolving the issue of overdue payments to enterprises. Reforms of small and medium-sized financial institutions should be promoted to stabilize and enhance confidence in the capital market.On April 28, the Political Bureau of the CPC Central Committee held a meeting to analyze and study the current economic situation and economic work. The meeting pointed out that it is necessary to adhere to the general principle of seeking progress while maintaining stability, fully and accurately implement the new development philosophy, accelerate the construction of a new development pattern, better coordinate domestic and international affairs, coordinate development and security, unswervingly deepen reform and opening up, promote self-reliance in science and technology and independent control of the industrial chain, implement a more proactive fiscal policy and a moderately loose monetary policy in a precise and effective manner, continuously expand domestic demand and optimize supply, optimize incremental growth and revitalize existing assets, focus on stabilizing employment, enterprises, markets, and expectations, enhance the endogenous driving force of economic development, further strengthen the domestic cycle, optimize the domestic and international dual circulation, and strive to achieve a good start to the 15th Five-Year Plan.On April 28, Sun Lei, China’s Deputy Permanent Representative to the United Nations, delivered a response at the Security Council’s high-level open debate on maritime security on the 27th, sternly refuting the Japanese representative’s unwarranted comments on the situation in the East China Sea and the South China Sea.
