CPC leadership: Make good use of limited window to improve economic stability
2021-05-01 05:16:40 source：CGTN
April 30, 2021
The Political Bureau meeting of the Communist Party of China (CPC) Central Committee on Friday, chaired by Chinese President Xi Jinping, called for a good leverage of the "window of opportunity" – when the pressure of pursuing a stable growth is relatively small – to promote economic stability, deepen the supply-side structural reform, and make way for the "dual circulation" development pattern to function more smoothly.
China's gross domestic product expanded at a record pace of 18.3 percent year on year during the first quarter of this year. The rise was contributed by a base effect that the economy rebounded from a historic contraction of 6.8 percent during the same period a year earlier due to the COVID-19 hit.
However, it is necessary to "dialectically" look at China's economic data in the first quarter, the leadership of the CPC said during the meeting, saying the current economic recovery of China is uneven and the foundation is unstable.
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