Xi says China to consolidate and enhance economic recovery in 2024

BEIJING: President Xi Jinping said on Sunday (Dec 31) that China will consolidate and enhance the positive trend of its economic recovery in 2024, and sustain long-term economic development with deeper reforms.

In a televised speech to mark the New Year, Xi said China would deepen reforms to shore up confidence in the economy.

Xi said China will “consolidate and enhance the positive trend of economic recovery, and achieve stable and long-term economic development”, Xi said.

“We must comprehensively deepen reform and opening up, further boost confidence in development, enhance economic vitality, and make greater efforts to promote education, promote science and technology, and cultivate talents.”

Xi voiced his concerns over difficulties facing some firms’ operations and the hardship facing some people in employment and their daily lives, and the impact of natural disasters such as floods and earthquakes in some regions.

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