SCIO press conference on ensuring stability a priority while making new progress in high-quality development

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Speakers:

Lian Weiliang, vice chairman of the National Development and Reform Commission (NDRC)

Lin Nianxiu, vice chairman of the NDRC

Hu Zucai, vice chairman of the NDRC

Chairperson:

Xing Huina, deputy director general of the Press Bureau of the State Council Information Office (SCIO) and SCIO spokesperson

Date:

March 7, 2022


Xing Huina:

Friends from the media, good morning. Welcome to this press conference held by the State Council Information Office (SCIO). Today, we are joined by three vice chairmen of the National Development and Reform Commission (NDRC): Mr. Lian Weiliang, Mr. Lin Nianxiu and Mr. Hu Zucai, who will introduce the topic at hand and answer your questions.

Next, let's first give the floor to Mr. Lian Weiliang.

Lian Weiliang:

Ladies and gentlemen, friends from the press:

Good morning. On the morning of the day before yesterday, He Lifeng, head of the NDRC, was interviewed on the sidelines of the annual legislative session. Today, along with Mr. Lin Nianxiu and Mr. Hu Zucai, both vice chairmen of the NDRC, I'm very happy to meet you here. First of all, I would like to express my heartfelt thanks and respect to all friends from the media for your long-term concern, support and assistance to the development and reform work.

Since last year, the external environment has become more complex, severe and uncertain. China's economic development is facing threefold pressures of shrinking demand, supply shocks and weakening expectations. Under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments have coordinated pandemic controls and socio-economic development, and innovated and improved macroeconomic regulations and controls, achieving higher growth and lower inflation. China has accomplished its main targets and tasks for last year, and the 14th Five-Year Plan (2021-2025) is off to a good start.

On the morning of March 5, Premier Li Keqiang delivered a government work report, making comprehensive arrangements for various tasks this year, and clarified the goals and tasks for economic and social development throughout the year. The draft plan on national economic and social development in 2022 has been submitted to the National People's Congress (NPC) for review and approval and to members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) for deliberation. The NDRC will conscientiously implement the decisions and deployments of the CPC Central Committee and the State Council, adhere to the principle of ensuring stability is a priority while making new progress, and focus on stabilizing the macroeconomic market, keep the economy operating within a reasonable range, maintain overall social stability, and take practical actions to greet the convening of the 20th National Congress of the CPC.

Now, we are willing to answer your questions.

Xing Huina:

Thank you for your introduction, Mr. Lian. The floor is now open for questions. Please identify the news outlet you work for before asking your question.

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