Foreign media are hotly discussing the Chinese government work report, and these goals are attracting attention!

　　China News Service, March 5. The second session of the 14th National People's Congress opened in Beijing on the 5th. In the government work report, Chinese Premier Li Qiang proposed that China's gross domestic product (GDP) is expected to grow by around 5% in 2024. There are many expected development goals within the country, and foreign media are paying close attention to this.

Many foreign media pointed out that the relevant goals reflect China's determination to maintain economic growth momentum, resolve risks and boost confidence.

Economic growth rate is about 5%

China supports economic development

　　Many international mainstream media, including the Associated Press and Reuters, reported the relevant contents of the Chinese government work report immediately, focusing on China's expected GDP growth target of about 5% in 2024.

　　The Associated Press reported that China’s expected growth target prioritizes security and economy. China’s path to pursuing high-quality development has not changed and it will continue to pursue “active fiscal policies and prudent monetary policies.”

　　Singapore's "Straits Times" pointed out that this expected growth target reflects China's pursuit of maintaining growth momentum.

　　Reuters quoted analysis from David Bennett, an investment expert at Legal Communication Investment Management (LGIM), saying that this goal was "in line with expectations."

He noted that the Chinese government work report mentioned that China will "transform methods, adjust structures, improve quality, and increase efficiency."

　　The Japan Broadcasting Association (NHK) reported that China’s expected GDP growth target for 2024 is higher than the 4.6% previously predicted by the International Monetary Fund (IMF), demonstrating China’s stance of supporting economic development.

Accelerate the development of new productive forces

China has strong growth potential

　　The government work report mentioned that "vigorously promote the construction of a modern industrial system and accelerate the development of new productive forces", which has also received widespread attention from foreign media.

Many media pointed out that China will continue to support the development of advanced technology and scientific research.

　　The report pointed out that China's new energy vehicle production and sales currently account for more than 60% of the world's share, and proposed to consolidate and expand the leading advantages in industries such as intelligent networked new energy vehicles.

　　In this regard, Singapore's "Straits Times" analyzed that China's growth potential is still strong.

The growth of new energy-related industries, including electric vehicles, over the past year has demonstrated the resilience of the Chinese economy.

　　Reuters reported that China will promote the development of artificial intelligence and other aspects to achieve technological self-sufficiency.

Real estate and employment targets in focus

Resolve risks and boost confidence

　　International media also paid attention to the content of the government work report on real estate and employment.

　　In response to the government work report’s mention of “increasing the construction and supply of affordable housing, improving the basic systems related to commercial housing, and meeting residents’ rigid housing needs and diversified improved housing needs,” the Associated Press pointed out that this shows that the Chinese government will focus on resolving the problem. Real estate market risks and alleviate consumption pressure.

　　In addition, the Associated Press and the U.S. Consumer News and Business Channel (CNBC) also paid attention to the employment-related goals mentioned in the government work report such as "more than 12 million new urban jobs" and "the surveyed urban unemployment rate is about 5.5%". .

The Associated Press pointed out in the report that these goals mean that the Chinese government attaches greater importance to employment.

　　The Russian Satellite News Agency also carried out rolling reports on China's two sessions, quoting experts as saying that the most important thing about the series of policies proposed in the government work report is to maintain stability and regard opening to the outside world as a long-term and stable national policy, which is very important for foreign investors. Confidence is very beneficial.

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