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China-CPC Leadership/Economic Work
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Aerial shots of cityscape, traffic
FILE: Tianjin Municipality, north China - Date Unknown (CCTV - No access Chinese mainland)
2. Aerial shots of cityscape, traffic
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
3. Chinese yuan banknotes going through cash counting machine
4. Bank clerk
5. Chinese yuan banknotes going through cash counting machine
6. Various of counter clerks serving clients
7. Various of pedestrians, traffic
8. Visitors at theater
9. Various of people at shopping mall
10. Customers, dish-washing machine salesman
11. Customers at mobile phone display counter
12. Poster showing government subsidy of up to 20 percent
13. Customers at mobile phone display counter
14. Aerial shots of ports
15. Various of automatic production
16. Aerial shots of construction sites
FILE: Shanghai, China - Date Unknown (CCTV - No access Chinese mainland)
17. Aerial shots of cityscape
FILE: Guangzhou City, Guangdong Province, south China - Date Unknown (CCTV - No access Chinese mainland)
18. Aerial shots of cityscape
The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Friday to analyze and study the current economic situation and economic work.
Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting.
It was noted at the meeting that the country has seen its economy improve this year, with public confidence continuously boosted and solid progress made in high-quality development.
However, the foundation for the country's sustained economic recovery needs to be further consolidated, and the country faces increasing impact from external shocks, the meeting said.
The meeting urged preparing for worst-case scenarios with sufficient planning, and taking concrete steps to do a good job in economic work.
The meeting emphasized the importance of upholding the general principle of seeking progress while maintaining stability. It called for the full and faithful application of the new development philosophy on all fronts and the acceleration of building a new development pattern.
The meeting noted that it is imperative to coordinate domestic economic work and endeavors in the international economic and trade field, unswervingly manage the country's own affairs well, stay committed to expanding high-standard opening up, focus on keeping employment, businesses, markets and expectations stable, and deal with the uncertainty of drastic changes in the external environment with the certainty of the country's high-quality development.
The meeting called for efforts to accelerate the implementation of more proactive and effective macro policies, and make full use of a more proactive fiscal policy and a moderately loose monetary policy.
Key measures include quickening the issuance and utilization of local government special-purpose bonds and ultra-long special treasury bonds, and timely cuts in the reserve requirement ratios and interest rates to ensure ample liquidity and stronger support for the real economy, according to the meeting. New structural monetary policy instruments and policy-based financial instruments will be established to foster technological innovation, expand consumption, and keep foreign trade stable.
Efforts will be made to increase the earnings of low- and middle-income groups and boost service consumption to strengthen the role of consumption in driving economic growth, the meeting said.
The meeting called for a swift removal of restrictive measures in the consumption sector and proposed to introduce a re-lending facility for service consumption and elderly care.
To aid businesses facing challenges, the meeting urged a multi-pronged approach, including stronger financial support and accelerating integration between domestic and foreign trade development.
Work will be done to cultivate new pillar industries, introduce a "sci-tech board" in the bond market, and speed up the implementation of the AI Plus initiative, according to the meeting.
The meeting called for combined efforts with the international community to maintain multilateralism and oppose unilateralism and bullying practices.
The meeting highlighted the need to intensify urban renewal efforts, particularly in redeveloping urban villages and renovating old and dilapidated houses, while continuing efforts to stabilize the real estate market.
The meeting also called for increasing support for enterprises that are most affected by tariffs, and increasing the proportion of unemployment insurance funds returned to enterprises to keep payrolls stable.
The meeting urged continuous endeavor to improve the policy toolkit for stabilizing employment and the economy.
China-CPC Leadership/Economic Work
Dateline : April 25, 2025/File
Location : China
Duration : 1'23
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Aerial shots of cityscape, traffic
FILE: Tianjin Municipality, north China - Date Unknown (CCTV - No access Chinese mainland)
2. Aerial shots of cityscape, traffic
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
3. Chinese yuan banknotes going through cash counting machine
4. Bank clerk
5. Chinese yuan banknotes going through cash counting machine
6. Various of counter clerks serving clients
7. Various of pedestrians, traffic
8. Visitors at theater
9. Various of people at shopping mall
10. Customers, dish-washing machine salesman
11. Customers at mobile phone display counter
12. Poster showing government subsidy of up to 20 percent
13. Customers at mobile phone display counter
14. Aerial shots of ports
15. Various of automatic production
16. Aerial shots of construction sites
FILE: Shanghai, China - Date Unknown (CCTV - No access Chinese mainland)
17. Aerial shots of cityscape
FILE: Guangzhou City, Guangdong Province, south China - Date Unknown (CCTV - No access Chinese mainland)
18. Aerial shots of cityscape
The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Friday to analyze and study the current economic situation and economic work.
Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting.
It was noted at the meeting that the country has seen its economy improve this year, with public confidence continuously boosted and solid progress made in high-quality development.
However, the foundation for the country's sustained economic recovery needs to be further consolidated, and the country faces increasing impact from external shocks, the meeting said.
The meeting urged preparing for worst-case scenarios with sufficient planning, and taking concrete steps to do a good job in economic work.
The meeting emphasized the importance of upholding the general principle of seeking progress while maintaining stability. It called for the full and faithful application of the new development philosophy on all fronts and the acceleration of building a new development pattern.
The meeting noted that it is imperative to coordinate domestic economic work and endeavors in the international economic and trade field, unswervingly manage the country's own affairs well, stay committed to expanding high-standard opening up, focus on keeping employment, businesses, markets and expectations stable, and deal with the uncertainty of drastic changes in the external environment with the certainty of the country's high-quality development.
The meeting called for efforts to accelerate the implementation of more proactive and effective macro policies, and make full use of a more proactive fiscal policy and a moderately loose monetary policy.
Key measures include quickening the issuance and utilization of local government special-purpose bonds and ultra-long special treasury bonds, and timely cuts in the reserve requirement ratios and interest rates to ensure ample liquidity and stronger support for the real economy, according to the meeting. New structural monetary policy instruments and policy-based financial instruments will be established to foster technological innovation, expand consumption, and keep foreign trade stable.
Efforts will be made to increase the earnings of low- and middle-income groups and boost service consumption to strengthen the role of consumption in driving economic growth, the meeting said.
The meeting called for a swift removal of restrictive measures in the consumption sector and proposed to introduce a re-lending facility for service consumption and elderly care.
To aid businesses facing challenges, the meeting urged a multi-pronged approach, including stronger financial support and accelerating integration between domestic and foreign trade development.
Work will be done to cultivate new pillar industries, introduce a "sci-tech board" in the bond market, and speed up the implementation of the AI Plus initiative, according to the meeting.
The meeting called for combined efforts with the international community to maintain multilateralism and oppose unilateralism and bullying practices.
The meeting highlighted the need to intensify urban renewal efforts, particularly in redeveloping urban villages and renovating old and dilapidated houses, while continuing efforts to stabilize the real estate market.
The meeting also called for increasing support for enterprises that are most affected by tariffs, and increasing the proportion of unemployment insurance funds returned to enterprises to keep payrolls stable.
The meeting urged continuous endeavor to improve the policy toolkit for stabilizing employment and the economy.
ID : 8425488
Published : 2025-04-25 15:28
Last Modified : 2025-04-25 21:16:20
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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