China's top political advisor Wang Huning on Monday called for further efforts to support the country's reform and development.
Wang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), made the remarks when addressing a symposium held to analyze the economic situation in the first half of this year.
Wang stressed the need to study and implement the guiding principles from the just-concluded third plenary session of the 20th CPC Central Committee. He also highlighted the importance of thinking and acting in line with the CPC Central Committee's decisions and plans to further deepen reform comprehensively and advance Chinese modernization.
China's economy continued its recovery in the first half of 2024 in a stable manner, with progress made in nurturing new quality productive forces, expanding new growth drivers and promoting high-quality development, according to political advisors and experts attending the symposium.
Wang called on political advisors to continue their research on economic structural reform and high-quality development and provide targeted, pragmatic and effective advice.
The CPPCC should implement the central authorities' decisions and arrangements on economic work, work to stabilize expectations and build consensus, and help achieve China's full-year economic and social development goals, he said.
Ten members of the CPPCC National Committee and experts delivered speeches at the symposium, and made discussions and suggestions on issues like deepening the reform of market-oriented allocation of factors, promoting the integration of scientific and technological innovation and industrial innovation, and promoting the development of artificial intelligence.
They also made discussions and suggestions on giving full play to the innovation advantages of state-owned enterprises, promoting high-quality development of the private economy, expanding domestic demand, stabilizing taxation and prices, and promoting high-quality development of finance and trade.