Highlights of 2023 Government Work Report

Updated: 2023-03-05 Xinhua

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The opening meeting of the first session of the 14th National People's Congress (NPC) is held at the Great Hall of the People in Beijing, March 5, 2023. [Photo/Xinhua]

Fiscal, monetary policy for 2023
- China to implement prudent monetary policy in a targeted way
- China to enhance intensity, effectiveness of proactive fiscal policy

- China to keep RMB exchange rate generally stable at adaptive, balanced level
- China to encourage, support private sector 
- China to effectively prevent, defuse major economic, financial risks

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