Government work report advances “new quality productive forces”

The State Council issued measures that reduced quarantine and testing restrictions, accelerating the shift away from zero-COVID controls. The transition reopened economic activity after major...

The NPC approved institutional restructuring, including a National Financial Regulatory Administration to coordinate supervision beyond securities markets. The change strengthened central regulatory...

The CPC Central Committee and State Council published measures addressing market access, financing and legal protections for private firms. The initiative responded to weak confidence after regulatory...

The NDRC announced a bureau to coordinate policy support for private firms. Its creation signaled an effort to reassure entrepreneurs and address obstacles to investment, while private enterprise...

The conference set priorities for 2024, including domestic demand, technological innovation and risk prevention. The agenda recognized weak consumption and property-sector difficulties but retained...

The Central Committee approved a broad reform program focused on a high-standard socialist market economy, innovation, fiscal governance and urban-rural integration. The plan reaffirmed market...

The Politburo called for forceful fiscal and monetary measures, support for local governments, stabilization of property markets and stronger capital markets. The announcement recognized the depth...

The legislature authorized additional local-government bonds to replace hidden debt, alongside a multi-year plan using special bonds. The measure aimed to lower near-term repayment pressure and...

The annual report set growth objectives and announced measures for consumption, technological capacity and private-sector confidence. The priorities responded to weak demand and external trade...

The law established national rules intended to support private enterprises, including fair market access and protection of property and business rights. It codified the private sector’s role within...