Xi Jinping Stresses Balance Between Pursuing New Productive Forces and Avoiding Economic Bubbles

Wednesday, 6 March 2024, 02:00

Chinese President Xi Jinping emphasized the importance of striking a balance between promoting new productive forces and maintaining traditional industries during a panel discussion at the 'Two Sessions' 2024. While advocating for innovation, Xi warned against the risks of economic bubbles and highlighted the need for sustainable growth strategies. His remarks underscored China's commitment to fostering technological advancements while ensuring stability and resilience in the economy.
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Xi Jinping Stresses Balance Between Pursuing New Productive Forces and Avoiding Economic Bubbles

Xi Jinping's Vision for China's Economic Development

Chinese President Xi Jinping addressed the Jiangsu Province delegation at the 'Two Sessions' 2024, emphasizing the significance of promoting 'new productive forces' in the economy. He highlighted the need to balance innovation with traditional industries to ensure sustainable growth.

Key Points:

  • Striking a Balance: Xi Jinping stressed the importance of avoiding economic bubbles while pursuing innovation.
  • Sustainable Growth: The president emphasized the need for long-term strategies to support economic resilience.

Overall, Xi's remarks reflected China's strategic approach to economic development and technological progress.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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