Page 9 - REPORT ON THE WORK OF THE GOVERNMENT

Since Covid-19 struck more than three years ago, the CPC Central Committee
with Comrade Xi Jinping at its core has placed the people and their lives above all

else.
It has boosted supplies of medical resources and materials, made every effort
to ensure treatment for all patients, effectively safeguarded our people’s health and
safety, and improved and adjusted response policies and measures in light of

changing conditions. The Chinese people have pulled through with fortitude and
resilience and secured a major and decisive victory in the fight against Covid-19.
Throughout this truly remarkable endeavor, all localities, departments, and
organizations have made tremendous efforts, people in various sectors have

worked together to get through tough times, and all medical personnel have
remained fearless in the face of adversity. Most notably, our people in their
hundreds of millions have prevailed over many difficulties and challenges, made
great sacrifices, and played their due part. It has not been an easy journey for
anyone, but together we have overcome the huge challenge of Covid-19. As the

pandemic is not yet over, we must keep working to consolidate our achievements
in both Covid-19 response and economic and social development.

Fellow Deputies,

Over the past five years, we have fully implemented the decisions and plans of
the Party Central Committee with Comrade Xi Jinping at its core. The highlights of
our work are as follows:
1. We developed new ways of conducting macro regulation to keep the economy
operating within an appropriate range.

In response to a succession of grave challenges, including mounting
protectionism and the Covid-19 pandemic, we adopted new ways of conducting
macro regulation and avoided overreliance on investment as a means of achieving

economic growth. We employed a wide range of policies including fiscal and
monetary policies, made them more targeted and effective, and responded to
market changes directly. We stayed focused on helping market entities overcome
difficulties and grow and thus kept employment stable and ensured people’s
wellbeing.

We adopted a holistic approach to achieving the projected development targets
for each year and stepped up range-based, targeted, well-timed, and precision
regulation. We took decisive measures to step up macro policy support while

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