Caixin
Dec 11, 2021 06:03 AM
ECONOMY

China Sets Stability as Top Priority for Next Year’s Economic Work

Chinese President Xi Jinping delivers speech at the annual central economic work conference.
Chinese President Xi Jinping delivers speech at the annual central economic work conference.

Chinese leaders stressed the importance of stable growth and stable macroeconomic policies at a key annual central economic work conference.

In a speech at the conference, Chinese President Xi Jinping reviewed the country’s economy in 2021, analyzed the current economic situation and arranged next year's economic priorities.

China’s economic development is facing “triple pressure” from demand contraction, supply shocks and weakening expectations, and the external environment is becoming increasingly complicated and uncertain, according to a statement released after the meeting.

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