
The Central Economic Work Conference was held in Beijing from December 11 to 12, and General Secretary Xi Jinping delivered an important speech, comprehensively summarizing the economic work in 2023, deeply analyzing the current economic situation, and systematically deploying the economic work in 2024. Read through the press release of the conference and Xi learn the important spirit of the meeting from four aspects at the first time.
"Five musts": deepen the understanding of the regularity of doing a good job in economic work in the new era
Summing up the important experience of doing a good job in economic work in a timely manner and continuously deepening the understanding of the regularity of economic work has been an important content of the Central Economic Work Conference since the new era.
This meeting further deepened the understanding of the regularity of doing a good job in economic work in the new era, and put forward the "five musts" in an eye-catching manner.

Development is the foundation and key to solving all problems in our country. Since the 19th National Congress of the Communist Party of China, all previous Central Economic Work Conferences have made important arrangements for promoting high-quality development. The report of the 20th National Congress of the Communist Party of China pointed out that high-quality development is the primary task of building a modern socialist country in an all-round way.
"We must take adhering to high-quality development as the last word in the new era." In line with "development is the last word", high-quality development has been endowed with a new connotation of the times. Firmly grasping the primary task of high-quality development is the fundamental principle for determining development ideas, formulating economic policies, and promoting economic work at present and in the future.
"We must persist in deepening supply-side structural reform and focusing on expanding effective demand." Focusing on the construction of a new development pattern, we emphasize giving full play to the advantages of the super-large-scale market and strong production capacity, so that the domestic cycle is based on the main driving force of domestic demand, and the quality and level of the international cycle are improved.
"We must persist in relying on reform and opening up to enhance the endogenous driving force for development." Focusing on the fundamental driving force of promoting Chinese-style modernization, we emphasize the overall promotion of in-depth reform and high-level opening-up, and constantly liberate and develop social productive forces and stimulate and enhance social vitality.
"We must adhere to high-quality development and high-level security and benign interaction." This point emphasizes that development and security complement each other and complement each other, and it is necessary to enhance the sense of danger and be prepared for danger in times of peace, and also strive to achieve a dynamic balance between the two, so as to do a good job in the strategic initiative of turning danger into relief and crisis into opportunity.
"We must make the promotion of Chinese-style modernization the most important politics." Comprehensively promoting the great rejuvenation of the Chinese nation with Chinese-style modernization is the mission and task of the Communist Party of China in the new era and new journey. Taking "the biggest politics" as the guide, emphasizing the focus on economic construction and promoting high-quality development is the essence of China's modernization.
The "five musts" have further enriched and developed Xi Jinping's economic thought, and pointed out the way forward for comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese-style modernization.
"12 words": seek progress in stability, promote stability with progress, and establish first and then break
To do a good job in economic work in 2024, the meeting emphasized that it is necessary to adhere to the principle of seeking progress while maintaining stability, promoting stability with progress, and establishing first and then breaking down. These 12-character work requirements highlight the primary task of firmly grasping high-quality development, and reflect the deep consideration of consolidating and strengthening the positive trend of economic recovery and continuously promoting the economy to achieve effective qualitative improvement and reasonable quantitative growth.
The general tone of the work of seeking progress while maintaining stability is an important principle of our party's governance of the country, and it is also the methodology for doing a good job in economic work. Since the 18th National Congress of the Communist Party of China, all the Central Economic Work Conferences have always adhered to the general tone of seeking progress while maintaining stability, and made new improvements to economic work. The meeting put forward the idea of "seeking progress while maintaining stability, promoting stability through progress, and establishing first and then breaking down," which reflected a profound grasp of the dialectical relationship between "stability" and "progress" and "establishment" and "breaking."

The more complex and changeable the situation is, the more necessary it is to persist in seeking progress while maintaining stability.
Stability is the overall situation, and more policies should be developed that are conducive to stabilizing expectations, growth, and employment, and on the basis of economic rebound and social stability, we should create a stable development environment for "progress." Progress is the direction, and it is necessary to actively forge ahead in changing the mode, adjusting the structure, improving quality, and increasing efficiency, and constantly consolidate the foundation for stability and improvement through "progress" in the economic structure, development quality, and major reforms.
In this process, we must insist on standing first and then breaking.
The 2021 Central Economic Work Conference proposed that "to adjust policies and promote reforms, we must grasp the timeliness and efficiency, adhere to the principle of establishing first and then breaking down, and making steady progress". This year's Central Economic Work Conference once again proposed to establish first and then break down, which reflects the fact that the decision is made before action, step by step, and steady and steady.
Whether it is adjusting policies or promoting reforms, we must grasp the timeliness and efficiency, use the methods of development to solve the problems in development, and adjust and optimize the stock by cultivating and growing the increment, and we must not rush to achieve results and divorce ourselves from reality, which is particularly important for China's economy in the transition period of new and old kinetic energy.
Nine key tasks: focus on promoting high-quality development
Focusing on promoting high-quality development, the Central Economic Work Conference made arrangements for nine key tasks to be done solidly in 2024, reflecting the policy orientation of highlighting key points and grasping key points.

The external environment of China's development is becoming more complex, severe and uncertain, and the tasks of domestic reform, development and stability are arduous and arduous, and the work that needs to be arranged and deployed is myriad. The arrangements for key tasks at this meeting have demonstrated the superb ability of the CPC Central Committee to make overall plans and control the overall situation and its sober understanding of the situation.
Leading the construction of a modern industrial system with scientific and technological innovation, emphasizing the important traction role of innovation in industrial development;
focus on expanding domestic demand, and make precise efforts for domestic large-scale circulation plugging points;
Deepen the reform of key areas, focus on key issues such as the reform of state-owned enterprises, the development and growth of private enterprises, and the construction of a unified national market, and clearly "plan major measures to further deepen reform in an all-round way";
Expand high-level opening-up, continue to effectively prevent and resolve risks in key areas, make unremitting efforts to do a good job in the "three rural" work, promote urban-rural integration and regional coordinated development, further promote the construction of ecological civilization and green and low-carbon development, and effectively protect and improve people's livelihood......
These nine key tasks are closely related to the key issues and key links related to high-quality development, clarify the specific starting points and solution paths, highlight the problem-oriented work method and pragmatic work style, and reflect the work ideas of grasping the main contradictions, breaking through bottlenecks and constraints, and focusing on forward-looking layout.
Four "grasp implementation": uphold and strengthen the party's overall leadership
Thoroughly implementing the decisions and arrangements of the CPC Central Committee on economic work is a clear embodiment of upholding and strengthening the party's overall leadership over economic work.

We should grasp implementation to the letter and ensure that the final results conform to the intention of the Party Central Committee's decision-making; vigorously and resolutely grasp implementation and make overall plans to grasp the timeliness and effectiveness; we should grasp implementation in a realistic and pragmatic manner, and resolutely rectify formalism and bureaucracy; we should dare to do good deeds to grasp implementation, adhere to the correct orientation in employing people, and give full play to the enthusiasm, initiative, and creativity of leading cadres at all levels.
The four "grasping implementation" emphasizes the unity of knowledge and action, and the test is to take responsibility. Leading cadres at all levels should make efforts to comprehensively study, grasp, and implement Xi in an all-round way, strive to achieve the goals and tasks of economic and social development, and make new and greater contributions to comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese-style modernization with practical actions and results of high-quality development.