China - December 13, 2024 China's annual Central Economic Work Conference outlines priorities for 2025 (Voice_over) Boost consumption, improve investment efficiency, and expand domestic demand on all fronts. These are some key tasks the annual Central Economic Work Conference has outlined for 2025. Chinese President Xi Jinping delivered a speech during the meeting. He reviewed the country's economic work in 2024, analyzed the current economic situation, and arranged next year's economic work. The meeting said the Chinese economy has posted a generally stable performance, while making progress in 2024. Solid advances have been made in high-quality development, and major annual goals and tasks of economic and social development are to be successfully accomplished. The meeting also acknowledged the deepened adverse impact brought about by changes in the external environment and the domestic economic challenges. It stressed that the supporting conditions and fundamental trend for the Chinese economy's long-term sound development remain unchanged. For next year, the meeting emphasized the need to keep employment and prices generally stable, and increase residents' income in step with economic growth. The meeting said China should take steps to make scientific and technological innovation drive the development of new quality productive forces, and build a modernized industrial system. It also called for efforts to expand the pilot programs in opening up fields, including telecoms, healthcare and education. On green development, the focus was on stepping up the construction of new energy bases in sandy areas, rocky areas and deserts and the establishment of a group of zero-carbon parks. The meeting stressed the need to ensure people's wellbeing and security at the turn of the year, and maintain overall social stability. [Restriction: No access Chinese mainland]