The Chinese mainland's State Council Information Office (SCIO) recently held a press conference to outline the fiscal revenue and expenditures for 2023. Representing the finance ministry, Wang Dongwei, vice minister of finance, provided a comprehensive briefing to the media.
During the session, Wang highlighted the strategic allocation of resources aimed at fostering economic stability and growth. Key areas of investment include technological innovation, infrastructure development, and sustainable initiatives that align with global trends and the country's long-term objectives.
The SCIO emphasized the commitment to maintaining a balanced budget while ensuring sufficient funding for critical sectors. Wang also addressed various queries from the media, shedding light on the government's fiscal policies and their impact on both domestic and international markets.
This fiscal plan is part of the broader economic strategy to navigate the challenges of the global landscape, positioning the Chinese mainland as a resilient and forward-thinking economy in 2023 and beyond.
Reference(s):
cgtn.com
