Live Chinas National Peoples Congress Holds Presser on Economy

China’s Top Officials Address Economic Outlook at Key Press Conference

Beijing, China — China’s most influential economic policymakers gathered on Thursday at a high-profile press conference during the third session of the 14th National People’s Congress (NPC), shedding light on the nation’s economic trajectory.

Zheng Shanjie, chairman of the National Development and Reform Commission; Lan Fo’an, minister of finance; Wang Wentao, minister of commerce; Pan Gongsheng, governor of the People’s Bank of China; and Wu Qing, chairman of the China Securities Regulatory Commission, addressed questions from both Chinese and international journalists.

The officials discussed a range of topics critical to China’s development and reform agenda, including economic growth targets, fiscal policies, trade initiatives, financial stability, and securities regulation.

Zheng Shanjie emphasized the importance of innovation-driven development and sustainable growth, highlighting efforts to balance economic expansion with environmental protection.

Lan Fo’an outlined the government’s budget priorities, focusing on supporting key sectors and promoting equitable development across urban and rural areas.

Wang Wentao addressed China’s commitment to global trade cooperation and opening up its markets, encouraging foreign investment and reinforcing international partnerships.

Pan Gongsheng discussed monetary policy strategies aimed at maintaining financial stability and supporting small and medium-sized enterprises, which are vital to employment and economic resilience.

Wu Qing spoke on enhancing the transparency and efficiency of China’s securities markets, introducing reforms to boost investor confidence and protect market integrity.

The press conference comes at a pivotal time as China navigates global economic challenges and seeks to sustain its growth momentum. The insights shared by the officials provide a glimpse into the policies that will shape China’s economic future.

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