Beijing holds economic meeting to plan for 2021

Growth plan: Pedestrians walk through the Lujiazui financial district in Shanghai. China will continue to adopt a proactive fiscal policy and prudent monetary policy while maintaining necessary support for the economic recovery next year. — Bloomberg

BEIJING: China has laid out economic priorities for the next year, pledging to maintain the consistency, stability and sustainability of its macro policies, expand domestic demand, strengthen anti-monopoly efforts and step up all-around opening up.

The annual tone-setting Central Economic Work Conference, held in Beijing, outlined key tasks in eight aspects, including efforts to strengthen China’s competitiveness in strategic science and technologies and improve industry and supply chains toward a more independent and controllable position.