The annual Central Economic Work Conference took place in Beijing from December 11 to 12. At the tone-setting conference, President Xi Jinping reviewed the country’s economic work in 2023, analyzed the current economic situation and provided guidance for next year’s policy priorities. A notable emphasis was placed on becoming more mindful of potential risks and effectively responding to them.
This commitment to vigilance echoes President by He Tan, an official and scholar from the Song Dynasty (960-1279): “We must nip early risk factors and diseases in the bud.” This cautionary statement serves as a reminder for people to be aware of potential risks lurking in the background.
