2024-03-26 12:57:37
The Chinese economy continues to stabilize and maintain strong growth momentum. This, as reported by China Central Television, was stated by Vice Premier of the People’s Republic of China, member of the Politburo of the Central Committee of the Communist Party of China (CPC Central Committee) He Lifeng at a meeting in Beijing with the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, Day.Az reports with link to TASS.
“China’s economy continues to stabilize and improve, while increasing internal dynamics, with an emphasis on strengthening new quality production, which will further promote high-quality development,” He Lifeng said.
The Chinese government, he assured, will continue to support the IMF in strengthening global stability and prosperity.
In turn, Georgieva noted China’s efforts to transform its growth model and promote high-quality financial development, which should give new impetus to global economic growth.
As Chinese media reported, He Lifeng also holds the position of secretary of the party committee and head of the office of the Central Financial Working Commission of the People’s Republic of China. The creation of this body was announced in March 2023 by the State Council of the People’s Republic of China; it is expected that the commission will help ensure more effective control over the financial sector of the Chinese economy.