The Central Economic Work Conference was held in Beijing from December 11th to 12th. Li Qiang, Zhao Leji, Wang Huning, Cai Qi, Ding Xuexiang, and Li Xi, members of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, attended the meeting. The meeting believed that this year is the first year to comprehensively implement the spirit of the 20th CPC National Congress, and the year of economic recovery after the three years of COVID-19 epidemic prevention and control. Significant progress has been made in the construction of a modern industrial system, new breakthroughs have been made in scientific and technological innovation, reform and opening up have been deepened, the foundation for safe development has been consolidated and consolidated, and people's livelihoods have been effectively guaranteed. A solid step has been taken to comprehensively build a socialist modernized country. The meeting pointed out that further promoting economic recovery requires overcoming some difficulties and challenges, mainly insufficient effective demand, overcapacity in some industries, weak social expectations, and still many risk hazards. There are bottlenecks in the domestic circulation, and the complexity, severity, and uncertainty of the external environment are increasing. To enhance awareness of potential risks and effectively address and solve these problems. Overall, China's development is facing stronger favorable conditions than unfavorable factors, and the basic trend of economic recovery and long-term improvement has not changed. We need to enhance confidence and confidence. The meeting believes that in recent years, under the strong leadership of the Party Central Committee, we have effectively coordinated the domestic and international situation, epidemic prevention and control, economic and social development, and development and security, deepening our understanding of the regularity of doing economic work well in the new era. We must take adhering to high-quality development as the hard principle of the new era, fully, accurately, and comprehensively implement the new development concept, and promote the effective improvement of quality and reasonable growth of quantity in the economy. We must adhere to deepening the supply side structural reform and focus on expanding the synergy of effective demand, leveraging the advantages of a super large market and strong production capacity, so as to establish the domestic circulation on the basis of domestic demand initiative, and improve the quality and level of international circulation. We must adhere to relying on reform and opening up to enhance the endogenous driving force of development, coordinate the promotion of deep level reform and high-level opening up, continuously liberate and develop social productivity, and stimulate and enhance social vitality. We must adhere to the positive interaction between high-quality development and high-level security, promote high-level security through high-quality development, and ensure high-quality development through high-level security. Development and security must be dynamically balanced and mutually beneficial. We must take the promotion of Chinese path to modernization as the biggest politics, unite the vast majority of the people under the unified leadership of the Party, focus on the central work of economic construction and the primary task of high-quality development, and gradually turn the grand blueprint of Chinese path to modernization into a beautiful reality. The meeting emphasized the need to do a good job in the economy next year