The Political Bureau of the Central Committee of the Communist Party of China held a meeting to thoroughly rectify the "involution" competition and strengthen the planning and construction of new powe

2026-04-28 13:45:08

The Political Bureau of the CPC Central Committee held a meeting on April 28 to analyze the current economic situation and economic work. Xi Jinping, General Secretary of the CPC Central Committee, presided over the meeting.

The Political Bureau of

the CPC Central Committee held a meeting on April 28 to analyze the current economic situation and economic work. Xi Jinping, General Secretary of the CPC Central Committee, presided over the meeting.

The meeting held that since this year, the Party Central Committee, with Comrade Xi Jinping as its core, has strengthened its overall leadership over economic work, focused on the overall situation and forward-looking layout, and various departments in various regions have made great efforts and taken comprehensive measures. China's economy has made a strong start, with the main indicators better than expected, demonstrating its strong resilience and vitality. At the same time, it also faces some difficulties and challenges, and the foundation for sustained and stable economic growth needs to be further consolidated. We should enhance confidence and do a good job in economic work with greater efforts and more practical measures.

The meeting pointed out that we should adhere to the general tone of steady and progressive work, implement the new development concept completely, accurately and comprehensively, speed up the construction of a new development pattern, better coordinate the domestic and international overall situation, Co ordinate development and security, unswervingly deepen reform and opening up, promote scientific and technological self-reliance and self-control of the industrial chain, and strive to build a well-off society in an all-round way. We will precisely and effectively implement a more proactive fiscal policy and a moderately loose monetary policy, continue to expand domestic demand, optimize supply, optimize the increment and revitalize the stock, focus on stabilizing employment, enterprises, markets and expectations, enhance the endogenous power of economic development, further strengthen the domestic cycle, optimize the domestic and international double cycle, and strive to achieve a good start of the 15th Five-Year Plan.

The meeting stressed that we should make good use of macro policies. Continuously optimize the structure of fiscal expenditure and firmly hold the bottom line of "three guarantees" at the grass-roots level. We should enhance the foresight, flexibility and pertinence of monetary policy and maintain sufficient liquidity. Maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. Do a good job in assessing the consistency of macro policy orientation.

The meeting pointed out that the potential of domestic demand should be further tapped. We will expand the supply of quality goods and services and promote consumption upgrading. Deeply implement the action of expanding capacity and improving quality of service industry. We will strengthen the planning and construction of water networks, new power grids, computing power networks, new generation communication networks, urban underground pipeline networks, and logistics networks. Promote the start of major projects with mature conditions.

The meeting stressed the need to speed up the construction of a modern industrial system and maintain a reasonable proportion of manufacturing industry. We will further promote the construction of a unified national market and thoroughly rectify the "involution" competition. Fully implement the "artificial intelligence plus" action, develop a new form of intelligent economy, and improve the governance of artificial intelligence. Further deepen the reform of state-owned enterprises. The system should cope with the challenges of external shocks, improve the level of energy and resources security, and deal with all kinds of uncertainties with the certainty of high-quality development.

The meeting pointed out that risks in key areas should be effectively prevented and resolved. Efforts should be made to stabilize the real estate market and promote urban renewal. Resolve the risk of local government debt in an orderly manner, and focus on solving the problem of arrears of enterprise accounts. We will promote the reform of small and medium-sized financial institutions and stabilize and enhance confidence in the capital market.

The meeting emphasized that we should strengthen the policy orientation of giving priority to employment and strengthen the construction of people's livelihood such as education, medical treatment and nursery. We should do a good job in agricultural production and stabilize the prices of live pigs and other agricultural products. Improve the normal support mechanism to ensure that large-scale poverty does not occur. We should do a good job in safety production, disaster prevention and mitigation, and food and drug safety. We should carry out in-depth learning education to establish and practice correct view of political achievement, and transform the effectiveness of learning education into the effectiveness of promoting high-quality development.

The meeting also considered other matters. (End)


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The Political Bureau of the CPC Central Committee held a meeting on April 28 to analyze the current economic situation and economic work. Xi Jinping, General Secretary of the CPC Central Committee, presided over the meeting.

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