BEIJING, 1 May, 2021 (TON): On Friday, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting to study and analyze current economic circumstances and related work.

The meeting was chaired by Xi Jinping, general secretary of the CPC Central Committee.

The meeting pointed out that the country's first-quarter economic data should be looked at dialectically, and that the current economic recovery is still unbalanced, while the foundation is not solid.

According to the media, at a time when there is less pressure to maintain steady growth, efforts should be made to advance solid and sound economic development, deepen supply-side structural reform, and remove the impediments to domestic and international circulations.

It also, underscored the importance of accurately understanding the new development stage, fully implementing the new development philosophy, and accelerating the establishment of the new development paradigm.

However, it was stressed that China should implement macro policies with precision while maintaining their continuity, stability and sustainability.