Third, in the process of economic ups and downs

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Second, the timely introduction of a package of policies has effectively boosted social confidence and especially promoted a significant economic recovery, which is not easy. Affected by many factors, my country's economic growth slowed down in the second and third quarters of 2024, and it was once faced with a situation of heavy economic downward pressure. In this regard, the Party Central Committee has strengthened macro-control in response to current circumstances. The Political Bureau meeting of the Central Committee on September 26 decisively deployed a package of incremental policies, which greatly boosted confidence, stimulated vitality, and promoted economic recovery. In the fourth quarter of 2024, GDP grew by 5.4% year-on-year, 0.8 percentage points faster than the third quarter.

High-quality development has achieved new results, which is not easy. Our country's economy is at an important juncture of transformation and upgrading. In the face of difficulties and challenges in purchase forex user data progress, we must unswervingly anchor the primary task of high-quality development in all aspects, develop new productive forces in accordance with local conditions, promote new driving forces to accumulate momentum, and rejuvenate traditional driving forces. With new upgrades, the economic structure is improving and the momentum is developing.

Fourth, it is not easy to make solid progress in stabilizing employment, promoting income growth, and ensuring and improving people's livelihood. In 2024, various regions and departments will implement in-depth measures to benefit the people and make greater efforts to stabilize employment and increase income. The national annual average urban surveyed unemployment rate was 5.1%, down 0.1 percentage points from the previous year, and the per capita disposable income of residents actually increased by 5.1%, keeping pace with economic growth. The number of people working out of poverty has remained stable at more than 30 million for four consecutive years, and new progress has been made in education, medical care, elderly care, child care and other livelihood undertakings.