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In the face of an external environment characterized by rising protectionism, global economic downturn, and a shrinking international market, Xi stressed the need to pool resources and concentrate on managing the country's affairs well, and give full play to the advantage of a huge domestic market, so that a new development pattern will gradually be created whereby domestic and foreign markets can boost each other, with the domestic market as the mainstay.
The Chinese economy is changing for the better on monthly basis since the second quarter (Q2) of this year amid positive signs like warming production and demand, showcasing outstanding resilience against external impact, Yan Pengcheng, an official with the National Development and Reform Commission, told a press conference.

The meeting also took stock of the policy measures taken by financial departments in support of the real economy. In keeping with commercial rules, a host of measures have been adopted, including interest rate and fee cuts and deferred loan repayment in principal and interest. In the first seven months this year, these measures saved businesses over 870 billion yuan, and support for micro and small enterprises has been significantly enhanced.
"The 14th Five-Year Plan will be a critical plan, drawn up at a critical time," said Wang Changlin, president of the Academy of Macroeconomic Research of the National Development and Reform Commission, who attended the symposium.
First, the two sides should strengthen the political guidance for bilateral relations, enhance political mutual trust, converge common ground and resolve differences, he said.
来源:资阳报