Episode Details

China's economic transition is gaining momentum as initiatives to boost consumption and drive innovation take center stage, which will inject greater certainty into the global economic landscape and provide broader space in which multinational companies can thrive, officials and executives said on Sunday.

官员和高管于周日表示，随着促进消费和推动创新的举措成为焦点，中国经济转型势头强劲，这将为全球经济格局注入更大的确定性，并为跨国公司的发展提供更广阔的空间。

China will combine robust policy support and the unleashing of market forces as it strives to achieve its economic growth target of around 5 percent this year, and policymakers are well prepared to introduce new incremental policies if necessary, Premier Li Qiang said in Beijing at the opening ceremony of the two-day China Development Forum 2025.

李强总理在北京出席为期两天的中国发展高层论坛2025年开幕式时表示，中国将结合强有力的政策支持和市场力量的释放，努力实现今年5%左右的经济增长目标，政策制定者已做好在必要时推出新的增量政策的准备。

The recent dynamism observed in China's consumer market, particularly in the film, winter sports and cultural tourism sectors, has pointed to the vast potential of the country's domestic economic circulation, Li said.

李强指出，近期中国消费市场，尤其是电影、冬季运动和文化旅游领域的活力，展现了国内经济循环的巨大潜力。

The theme of this year's forum is "Unleashing Development Momentum for Stable Growth of the Global Economy".

今年论坛的主题是“释放发展动力，促进全球经济稳定增长”。

Han Wenxiu, executive deputy director of the Office of the Central Commission for Financial and Economic Affairs, said that China is set to enhance people's consumption capacity, to ensure they have the financial means and the willingness to consume. These initiatives go beyond merely promoting economic growth and productivity, he said.

中央财经委员会办公室常务副主任韩文秀表示，中国将提高居民消费能力，确保他们具备消费的经济条件和消费意愿。他说，这些举措不仅仅是促进经济增长和生产力提升。

The initiatives also seek to increase the income of urban and rural residents, optimize the income distribution structure and elevate the share of household income in overall national income, Han said.

他还表示，这些举措还将促进城乡居民收入的增加，优化收入分配结构，提高居民收入在国民总收入中的比重。

Listen Now