On the basis of summarizing and affirming the achievements made in economic development, the Central Economic Work Conference held at the end of 2021 profoundly analyzed and summarized the regular understanding on doing good economic work accumulated in responding to risks and challenges: We must uphold the centralized and unified leadership of the CPC Central Committee, pursue high-quality development, seek progress while maintaining stability, strengthen overall planning and coordination, and adhere to a systematic approach. These "four must" are full of development wisdom, which is the scientific understanding drawn and summarized from the practice of economic work.

1. We must uphold the centralized and unified leadership of the CPC Central Committee

Among the "four necessities", we must give priority to the centralized and unified leadership of the CPC Central Committee. The leadership of the Party is the foundation and lifeblood of the Party and the country, and it is an important judgment that the interests and destiny of the people of all ethnic groups in China depend on. Adhering to the leadership of the Party is regarded as one of the ten historical experiences with fundamental and long-term guiding significance in the Party's century-long struggle.

The Party's leadership is comprehensive, systematic and integral. Our country is at a primary stage of socialism, and economy work is the central work that is the foundation and premise for good performance of all other work. The leadership of the Party must be fully reflected in this central work.

To uphold and strengthen the Central Committee's centralized and unified leadership over economic work is the core principle of strengthening the Party's centralized and unified leadership over economic work. The theories, lines, principles and policies formulated by the CPC Central Committee are the basis and foundation for the whole Party and the people of all ethnic groups to unify their thinking, will and actions. Only with the authority of the CPC Central Committee can we unite the whole Party and the people of all ethnic groups in China and form a boundless force of unbreakable unity. Only by upholding and strengthening the Central Committee's centralized and unified leadership over economic work can we better leverage the Central Committee's role as the core of leadership that oversees the overall situation and coordinates all parties, concentrate our resources to accomplish major tasks, and better leverage the countereffect of the superstructure on the economic foundation. Since the 18th National Congress of the Communist Party of China (CPC), we have upheld and strengthened the centralized and unified leadership of the CPC Central Committee on economic work, achieved historic achievements in economic development in the new era, won decisive victories in the battle against poverty, and made steady progress in the prevention and control of COVID-19 epidemic and the resumption of work and production. Common prosperity is making more tangible progress.

2. We must pursue high-quality development

It is a development in which innovation becomes the primary driving force, coordination becomes an endogenous feature, green becomes a common form, openness becomes the only way, and sharing becomes the fundamental purpose." This thesis makes clear the fundamental purpose and essence of high quality development and embodies the inherent unity of high quality development and new development concept.

Continuing to promote high-quality development is the necessary requirement to maintain the sustained and sound development of the economy, adapt to the change of the principal contradiction in Chinese society, build a modern socialist country in an all-round way, and follow the law of economic development. All the Central Economic Work conferences since the 19th CPC National Congress have made important decisions on promoting high-quality development and planned economic work for the coming year. The Central Economic Work Conference held at the end of 2017 put forward eight key tasks, including deepening supply-side structural reform, stimulating the vitality of various market entities, and implementing the rural revitalization strategy, to promote high-quality development. Central economic work conference held at the end of 2018 in emphasis insist on promoting the development of high quality, in order to supply side cannot be moved as the main line, on the basis of structural reform is put forward to in view of the problems, to play against and dissolving of significant risk of good, out of poverty, pollution prevention and control of three big battle, pays special attention to promote the development of manufacturing high quality, promote to form a strong domestic market in seven aspects, such as the focus of the work. The Central Economic Work Conference held at the end of 2019 stressed the need to adhere to the principle of consolidation, enhancement, upgrading and smooth development, and focus on promoting high-quality development. The Central Economic Work Conference held at the end of 2020 called for focusing on reform and innovation and making high-quality development a good start for the 14th Five-Year Plan. The Central Economic Work Conference held at the end of 2021 repeatedly stressed the importance of high-quality development.

3. We must pursue progress while maintaining stability

The general tenor of seeking progress while maintaining stability is an important principle of our Party's governance, as well as the methodology for doing a good job in economic work. In keeping with the general principle of seeking progress while maintaining stability, we correctly handled the relationship between stability and progress, effectively solved problems in economic operation, and ensured the steady operation of the macro-economy and promoted steady and sound economic development.

We will focus on adjusting the economic structure and deepening reform and opening up to ensure new results in transforming the growth model and innovation-driven development. In short, "stability" and "progress" should reinforce each other. Only when the economy and society are stable can we create a stable macro environment for economic restructuring and deepening reform and opening up. Only when we make substantial progress in adjusting the economic structure and deepening reform and opening up can we create good expectations for steady economic and social performance.

For example, in view of the economic operation stability change with the new changes of the external environment, the Political Bureau of the CPC Central Committee meeting in 2018 to ask for "six stability", and the central economic work conference held in the same year to plan as a whole to promote steady growth, promoting the reform, restructuring, livelihood, risk prevention work, keep the economy running at a reasonable interval, We will make further plans to stabilize employment, the financial sector, foreign trade, foreign investment, investment, and expectations, and boost market confidence. Faced with the unprecedented impact of the sudden COVID-19 outbreak on China's economic and social development, the meeting of the Political Bureau of the CPC Central Committee held on April 17, 2020 stressed the need to coordinate the prevention and control of the epidemic and economic and social development, stressed that stability is the overall situation, and we must ensure that the epidemic does not rebound, stabilize the economic fundamentals, and cover the bottom line of people's livelihood. It also proposed to ensure employment for residents, basic people's livelihood, market entities, food and energy security, industrial and supply chain stability, and community-level operation. For the economic development of our country is faced with demand contraction, a weaker supply shocks, is expected to triple pressure, the central economic work conference held at the end of 2021 to steady character overhead, seek improvement in stability, regional various departments must shoulder the responsibility of the stable macroeconomic, various aspects should actively introduce policies conducive to economic stability, policy with appropriate.

4. We must strengthen overall planning and coordination and adhere to the concept of system 

To the new era of work to play a programmatic, leading the direction of the role.

The economic and social system is a complex system with universal connections and multiple dimensions. To do our economic work well and promote economic and social development, we need to adhere to a systematic approach, plan and coordinate all aspects and factors, and focus on promoting mutual promotion, positive interaction and coordination of all kinds of work. It is not only the fundamental requirement of materialist dialectics, but also the scientific summary of practical experience.

To do a good job in economic work, we must adhere to the systematic view, and carry out systematic design in accordance with the integrity and relevance of the new development concept, so as to promote each other and advance together. Can not go it alone, take care of this and lose that, can not be paranoid one party, teratomia. We should adhere to the unification of the two-point theory and the major point theory, be good at clarifying the primary and secondary contradictions and the major and secondary aspects of contradictions, distinguish priorities and priorities, and firmly grasp the main contradictions and the main aspects of contradictions while giving consideration to the general ones. We should drive the overall progress with key breakthroughs, and achieve key breakthroughs in the overall progress.

We must determine the basic major reform measures, on the basis of in-depth study in various fields to reform relevant coupling, and various reforms thorough feasibility argumentation reform measures, grasp comprehensively deepen the reform of the major relations, make the reform measures on policy orientation in the implementation of the mutual cooperation, promote each other, complement each other in real results.

For example, modern urban construction can not only consider the scale economic benefit, we must highlight the ecological and safe on the location, overall economy needs of city layout, the life needs, ecological needs, security needs, insist on starting from the social comprehensive progress and person's full scale development, in ecological civilization under the guidance of the thought and the overall national security concept for urban development planning, We will build livable cities, resilient cities and smart cities, and build high-quality urban ecosystems and safety systems.

In the face of problems in building a new development pattern, we must be good at applying reform thinking and methods, and take into account both short-term response and medium - and long-term development in a balanced way. We must not only make good strategic arrangements, but also make good decisions at key points. We should speed up the reform that is conducive to improving the efficiency of resource allocation, improving the quality and efficiency of development, mobilizing the enthusiasm of all parties, focusing on key issues, strengthening the systematic integration, synergy and efficiency of reform measures, opening up silt and blocking points, and stimulating the overall effect.

Source: State-owned Assets Supervision and Administration Commission of the State Council