Han Wenxiu, Deputy Director in charge of daily work of the Office of the Central Committee for Finance and Economics, stated at the 2025 Annual Meeting of the China Development Forum, which opened on March 23, that in the face of a significant increase in external uncertainties and unstable factors, China will firmly handle its own affairs, respond to the uncertainty of the external environment with the certainty of high-quality development, and strive to provide a "stable anchor" for the development of the world economy. Not long ago, the National People's Congress and the Chinese People's Political Consultative Conference were held, clarifying the main expected goals for economic and social development this year. These goals are steady and pragmatic, considering not only the needs of stabilizing employment, benefiting people's livelihoods, and preventing risks, but also the potential for China's economic growth, the driving force for deepening reform and expanding opening up, and the effectiveness of incremental and stock policies, "Han Wenxiu said at the annual meeting. In Han Wenxiu's view, since the beginning of this year, the Chinese economy has continued to rebound and is expected to achieve a good start. There is still considerable room for countercyclical adjustment in macroeconomic policies, and China is confident in adding stability and certainty to the world's prosperity and development through high-quality development. He focused on five aspects of 'certainty'. ——Persist in making expanding domestic demand a long-term strategy and strive to turn consumption into the driving force and ballast of economic growth. Han Wenxiu said that the current scale of consumption in China is large, but the proportion of consumption in the national economy and total demand is still relatively low, with a gap of about 20 percentage points compared to developed countries, and there is huge potential to expand consumption. China will take comprehensive measures to expand consumption and continuously form a situation where high-quality development and high-quality life promote and complement each other. One is to enhance consumer power. On the basis of promoting economic growth and improving labor productivity, we will increase the income of urban and rural residents, optimize the income distribution structure, increase the proportion of residents' income in national income, and enable consumers to have money to consume. The second is to expand service consumption. Actively develop the first tier economy, health consumption, ice and snow economy, and silver economy, and make cultural tourism an important pillar industry. Create more high-quality service consumption products and scenarios, so that consumers have more mid to high end services to consume. The third is to optimize the consumption environment. To form a strong deterrent to protect consumer rights, turning every day into a "3.15" and allowing consumers to consume with peace of mind. The fourth is to reduce worries about the future. This year, we will raise the minimum standard for basic pension for urban and rural residents, appropriately increase the basic pension for retirees, and accelerate the development of the third pillar pension insurance. In the future, we will steadily improve the level of public services and social security. ——Persist in deepening the supply side structural reform, constantly updating old driving forces and developing new ones. Han Wenxiu said that China has a complete range of industrial categories, a complete industrial chain system, strong supporting capabilities, and obvious integration advantages, which are unique in the world. "We have the foundation and conditions to continuously deepen the supply side structural reform, promote the continuous improvement of the quality and efficiency of the supply system." Firstly, we need to promote the continuous transformation of new and old development drivers. China will adhere to the guidance of technology and innovation, develop new quality productive forces according to local conditions, vigorously develop emerging industries, actively cultivate future industries, and actively use digital technology, green technology, and artificial intelligence to transform and enhance traditional industries. The second is to comprehensively rectify the "involution style" competition. China will regulate the behavior of local governments and enterprises, govern the vicious competition of ultra-low prices in accordance with the law, regulate the competition order, advocate "high quality and high price", oppose low quality and low prices, promote the survival of the fittest among enterprises, and clear the market dynamics. Vigorously promote the entrepreneurial spirit, encourage old, middle-aged, and young entrepreneurs to work hand in hand, and promote the coordinated development of large, medium, and small enterprises. ——Adhere to open cooperation and promote mutual benefit and win-win outcomes. Han Wenxiu said that no matter how the international situation changes, China will steadfastly promote high-level opening up to the outside world, steadily expand institutional opening up, orderly expand independent and unilateral opening up, deepen the reform of the system and mechanism for promoting foreign investment, create a market-oriented, rule of law, and international first-class business environment, steadily promote the opening up of the service industry, including the financial industry, and actively develop green trade and digital trade. Han Wenxiu said that currently, unilateralism and protectionism are on the rise, and economic globalization is facing setbacks. Historical experience and lessons have repeatedly proved that open cooperation is the way to win-win, and there are no winners in tariff wars and trade wars, which harm both people and oneself. China will resolutely counter and effectively respond to unreasonable suppression and containment, and effectively safeguard its own interests. Han Wenxiu introduced that over the years, China, as a responsible major country, has firmly upheld the multilateral trading system and demonstrated its great power responsibility in promoting economic globalization. The Chinese economy has made significant progress in rebalancing, with the current account surplus accounting for around 2% of GDP, down from its peak of around 10% in 2007. ——Adhere to the coordinated development and security, effectively prevent and resolve risks in key areas. Han Wenxiu said that in recent years, China has made great efforts to mitigate risks in the real estate market, local government debt, and small and medium-sized financial institutions. Through arduous efforts, these three major risks have been effectively controlled and are in a state of convergence. Since the fourth quarter of last year, there have been positive changes in transactions and prices in the real estate market, with a noticeable recovery trend in first tier cities. We will continue to promote the stabilization of the real estate market, accelerate the construction of a new model for real estate development, and promote the long-term sustainable and healthy development of the real estate market Han Wenxiu introduced that China will continue to do a good job in replacing implicit debts of local governments, promote the market-oriented transformation of local financing platforms, and resolve debt risks. We attach great importance to solving the problem of overdue corporate accounts, and will coordinate and make good use of fiscal and monetary policy tools to strive for significant progress as soon as possible. ——Adhere to green and low-carbon development, accelerate the construction of a beautiful China. Han Wenxiu said that China will continue to promote the comprehensive green transformation of economic and social development, and work together to promote carbon reduction, pollution reduction, green expansion, and growth; We will deepen the energy revolution, make clean and efficient use of traditional energy, and continue to promote the development of the new energy industry; We will actively and steadily promote carbon peak and carbon neutrality, build a number of zero carbon parks and factories, and actively participate in and lead global environmental and climate governance. We are confident in taking advantage of the situation, implementing more proactive macro policies, further deepening reforms comprehensively, expanding high-level opening up to the outside world, and achieving the successful conclusion of the 14th Five Year Plan with new results of high-quality development, laying a good foundation for the development of the 15th Five Year Plan Han Wenxiu said. (New Society)