National Development and Reform Commission: Economic performance in November and December is expected to continue the positive trend that began in October.

111210 Looking ahead to 2025, there are still many favorable conditions and supporting factors for the development of China's economy. In terms of development momentum, more than 300 major reform measures deployed at the Third Plenary Session of the 20th Communist Party of China Central Committee are accelerating implementation, further deepening reform and opening up comprehensively. This will continue to stimulate the endogenous power and innovation vitality of the entire society. The strategy of innovation-driven development is being further implemented, with the integration and development of the real economy and digital economy, advanced manufacturing and modern services. Cultivating new quality productivity will create more new growth points, and continue to accelerate the transformation of old and new driving forces. In terms of market space, China has obvious advantages in its super-large-scale market, with enormous market demand waiting to be unleashed. Taking the construction of new urbanization as an example, there is still a lot of room for improvement in China's overall urbanization rate. It is estimated that for every one percent increase in urbanization rate, it can drive trillions of yuan in new investment demand and over 200 billion yuan in consumption demand. In addition, there is also significant demand for effective investment in areas such as energy conservation and carbon reduction. New consumption formats such as digital and green, as well as strong demand for services for the elderly and childcare, remain robust. The points of congestion and blockages in the industrial chain are expected to be further opened up, continuously giving rise to new supplies and creating new demand. In terms of policy support, next year marks the conclusion of the "14th Five-Year Plan." A series of major strategic tasks, major reform measures, and major engineering projects are comprehensively being implemented and yielding results. At the same time, we have sufficient policy space and abundant policy reserves. Precise regulation, counter-cyclical adjustment, and other tools are continuously being improved. The consistency of macroeconomic policy orientation is constantly being enhanced, and the integration and precise implementation of macroeconomic policies will effectively support the stable and healthy development of the economy. Overall, the basic trend of China's economy rebounding and trending well in the long term has not changed, and we are confident in this. The above is the recorded content of the briefing. Thank you. Please feel free to ask any questions you may have.The stock policy continues to show results, the incremental policy is effectively implemented, and the combined effect of policies continues to be released. It is expected that the economic operation in November and December will continue the upward trend since October. We are working with all parties to achieve the annual economic growth target.1-1012.3%10.8%14.7%70% The positive factors continue to increase. From the perspective of investment, in the first 10 months, private investment in manufacturing increased by 11.4% year-on-year, which was 2.1 percentage points higher than the overall manufacturing investment growth rate. Private investment in the real economy maintained a good growth momentum. In terms of foreign trade, in the first 10 months, the import and export of private enterprises in RMB increased by 9.3% year-on-year. From the perspective of market vitality, the potential for market consumption is accelerating. For example, the growth of online retail, which is dominated by the private sector, has significantly accelerated. In the first 10 months, the online retail sales of physical goods increased by 8.3% year-on-year, which was 0.4 percentage points faster than the previous 9 months.Coordinate and establish a carbon emission accounting coordination mechanism, guide various regions to issue carbon emission accounting guidelines and method manuals, and promote relevant departments to implement tasks effectively, in order to build a comprehensive carbon emission accounting system as soon as possible.Pedal News reporter: Last week, the National Development and Reform Commission and other departments issued the "Opinions on Deepening the Integration of Production, Education, and Industry in the Home Service Industry." What measures will be taken in terms of talent and personnel training in the home service industry? Li Chao: In recent years, China's home service industry has developed rapidly, with a market size exceeding trillions and more than 30 million employees. With nearly 300 million people aged 60 and above in China, and over 32 million infants and toddlers under 3 years old, the demand for home services in areas such as elderly care and child care is continuously increasing. It is estimated that there is a shortage of over 20 million domestic workers, especially high-quality home service personnel with professional technical knowledge. To address these issues, the National Development and Reform Commission, together with relevant departments, issued the "Opinions on Deepening the Integration of Production, Education, and Industry in the Home Service Industry" to promote the integration of production and education to facilitate home service education and training, talent development, and alignment with industry development needs, increasing the supply of high-level home service personnel to better meet the demand for high-quality home services. The "Opinions" propose arrangements in four main areas. First, strengthen the education and training of home service talent. This work mainly relies on various types of institutions. In terms of higher education, institutions are encouraged to establish home service-related majors based on actual needs and make reasonable arrangements for enrollment numbers. In vocational education, the emphasis is on expanding the scale of home service education professionals and encouraging schools to hire part-time teachers from home service enterprises. Continuing education focuses on orderly promoting the inclusion of home service-related majors in the national higher education self-study examination professional list, encouraging more practitioners to pursue further education. Second, enhance the skills of practitioners. Three main areas of work will be carried out. Firstly, guiding home service enterprises to establish a full chain training system for pre-job training, on-the-job training, job transition, ensuring that training is completed before starting work, and requiring at least one refresher training every two years. Secondly, expediting the formulation and revision of home service industry-related standards. Thirdly, strengthening the construction of training brands such as "Women's Home Service," "Trade Union Home Service," and "National Open Home Service," with an expected annual training target of over 600,000 home service practitioners, trainers, and professional managers. Third, improve the integration carriers of home service production and education. Promote the refinement of "financial + fiscal + land + credit" combined incentive measures in various regions to support the cultivation of integrated home service enterprises; make good use of central budget investments and other funds to support the construction of home service training bases; and support industry organizations, schools, institutions, enterprises, etc., to jointly establish a home service industry integration community. Create a number of platform carriers to support talent development and industry development. Fourth, empower home service enterprises for high-quality development. Support home service enterprises to actively participate in professional planning, textbook development, teaching design, curriculum setting, internship training, etc., with schools to promote talent training that meets market demand. Support home service enterprises to establish a stable employment connection mechanism with relevant schools and promote high-quality employment for home service talent. Deepen the application of artificial intelligence technology in the home service field, encourage large enterprises from related fields such as elderly care, child care, property management, and hotels to enter the home service industry for cross-border operations. In the next step, the National Development and Reform Commission will work with relevant parties to implement the "Opinions," continuously improve the professionalism and specialization of home service practitioners. China Development Reform Society reporter: In the first three quarters of this year, a total of 2.45 million low-income people were employed through work-for-relief projects. What are the next steps? How will the benefits to the people be ensured? Li Chao: Thank you for your concern about the work of work-for-relief, and I would like to take this opportunity to introduce this work to everyone. Work-for-relief refers to a policy that arranges targeted participation of the people in the construction of infrastructure projects funded by the government, providing them with labor remuneration instead of direct relief funds. The implementation of work-for-relief is mainly to strengthen employment assistance for low-income groups, encouraging and guiding the people to increase income and improve skills through labor. Starting from 1984 with the provision of rewards in kind to support infrastructure construction in key poverty alleviation counties, this work has been carried out for 40 years, during which a large number of small and medium-sized infrastructure construction projects such as rural roads and water conservancy projects have been implemented, playing a unique and important role in boosting income and employment opportunities for the poor, stimulating endogenous poverty alleviation dynamics, and improving production and living conditions, making positive contributions to winning the battle against poverty as scheduled. Since the 14th Five-Year Plan period, work-for-relief has evolved from a special poverty alleviation policy to a comprehensive assistance policy with multiple functions, including promoting employment and income growth, enhancing labor skills, and promoting regional development. By implementing central special investment projects and promoting work-for-relief in key engineering and agricultural rural infrastructure construction areas, over 5 million low-income people were employed through work-for-relief in 2023 and 2024, with over 66 billion yuan in labor remuneration paid. To fully realize the role of the work-for-relief policy, the National Development and Reform Commission, together with the Ministry of Finance, recently allocated 9.05 billion yuan for the 2025 central special investment in work-for-relief projects, supporting the implementation of over 2,000 work-for-relief projects in local regions. In this process, we are promoting the early-stage work of projects in local areas, ensuring that after the investment plan is issued, projects can start construction quickly, and the people can receive labor remuneration as soon as possible. At the same time, we prioritize the participation of difficult groups such as those lifted out of poverty, key counties for national rural revitalization, and areas severely affected by rainstorms and floods by organizing them to participate in engineering projects, labor skills training, and developing public welfare guardianship positions based on project construction, focusing on utilizing funds effectively to allow difficult groups to not only receive labor remuneration but also improve labor skills through participation in work-for-relief projects. Preliminary estimates show that the early allocation of central special investment projects for work-for-relief will provide work opportunities to over 200,000 people, with planned labor remuneration exceeding 27 billion yuan. If we count the expansion of the work-for-relief model in key engineering and agricultural rural infrastructure construction projects, the scale of employment and remuneration will increase several times. Next, the National Development and Reform Commission will supervise and guide local areas to promote the early start of work-for-relief projects, ensuring that the working masses can benefit more from the policy dividends of work-for-relief. Xin Huanghe reporter: Currently, most northern regions of China have entered the phase of_SUPPLY. In the warm season, how is the situation of heating supply and ensuring supply stability this year? What measures does the National Development and Reform Commission have to ensure the security and stability of energy supply in winter this year?Li Chao: The northern region has entered the heating season, which means the arrival of the peak season for seasonal energy consumption every year. During this period, ensuring the warmth of the people in winter and the orderly production of enterprises is a very important task. From the work situation in recent years, our heating season in China is long and covers a wide geographical area. It involves multiple energy sources such as coal, natural gas, and electricity, and spans multiple links including reserves, production, transmission, dispatch, and consumption. It is also influenced by various factors such as climate conditions and external resource supply. This requires us to pay close attention to every aspect of the work. In order to ensure energy supply this year, we have carried out a series of work in advance, including ensuring energy production and supply, improving peak supply capacity, signing and fulfilling medium-to-long-term energy contracts, ensuring supplies for civil energy consumption, preparing for adverse weather conditions, and ensuring safety production. As of now, in terms of reserves, the national coordinated power plants have more than 200 million tons of coal in reserve, with an average availability of more than 30 days. The underground gas storage facilities have completed the gas injection tasks ahead of schedule and are fully stocked for winter. In terms of production supply, the total installed capacity of power generation in the country has reached 3.16 billion kilowatts, and coal and natural gas production has been stable and increased since October. In addition, all other aspects of work have been adequately prepared, providing strong support for heating and supply this winter. Based on comprehensive analysis of various factors, it is expected that there will be a overall balance between energy supply and demand during this winter and spring heating season, and resource supply will be effectively guaranteed. We also recognize that risks such as extreme weather and fluctuations in the international energy market cannot be ignored, and energy supply work cannot be relaxed. Next, the National Development and Reform Commission will strengthen overall coordination and work with relevant localities, departments, and enterprises to implement key tasks in energy supply, especially ensuring energy supply in critical areas such as civil energy supply, peak periods, and extreme weather conditions. With a sense of responsibility to ensure energy security, stable supply, and warmth for the people in winter. Hong Kong Economic Times reporter: The cumulative number of China-Europe freight trains has exceeded 100,000, and the "Steel Camel" has reached a new level. What work has the National Development and Reform Commission carried out to further improve the quality and efficiency of the development of China-Europe freight trains? Li Chao: China-Europe freight trains are an important platform for building the open and cooperative "Belt and Road" initiative. In recent years, the National Development and Reform Commission has worked closely with relevant parties to advance the upgrading and transformation of key railway ports and major hub infrastructure, while consolidating and stabilizing traditional routes to Europe, actively expanding the southern corridor, further enhancing customs facilitation levels with countries along the route and addressing bottlenecks and issues that constrain the operation of freight trains, continuously improving the quality and efficiency of freight train operations, and promoting the simultaneous increase in quality and quantity of China-Europe freight trains. On November 15th, the 100,000th China-Europe freight train loaded with electronic products, household appliances, automotive parts, and daily necessities departed from Tuanjie Village Station in Chongqing and headed for Duisburg, Germany. Overall, China-Europe freight trains have established a new all-weather, high-capacity, green, and low-carbon transportation corridor, becoming a widely popular international public good. From a market perspective, China-Europe freight trains are less affected by natural conditions and have higher stability. The prices are one-fifth of air freight and the transit time is one-fourth of sea transportation, making it favored by many customers. In terms of service coverage, China-Europe freight trains connect 125 cities in China, reaching 227 cities in 25 European countries and over 100 cities in 11 Asian countries, with the service network covering most of Asia and Europe. In terms of trade cooperation, China-Europe freight trains transport more than 50,000 types of goods, including complete cars, machinery and equipment, electronic products, and epidemic prevention supplies in 53 categories. By 2023, the value of goods transported by China-Europe freight trains will account for over 7% of China-Europe trade, with the cumulative transportation of goods exceeding 11 million standard containers and a value exceeding 420 billion US dollars, bringing business opportunities to tens of thousands of enterprises and benefiting hundreds of millions of people along the route. The 100,000th train is just the beginning, and China-Europe freight trains will run better in the future. Next, the National Development and Reform Commission will work with China Railway Group and other departments to deepen the construction of the "four systems" of efficient transportation, safe governance, diversified channels, and innovative development of China-Europe freight trains, accelerate the expansion of the international cooperation network, actively participate in the construction of the trans-Caspian international transport corridor, continue to host the China-Europe freight train International Cooperation Forum, focus on building a transport hub and network, and promote the safe, stable, and high-quality development of China-Europe freight trains. Li Chao: Due to time constraints, today's press conference ends here. If you have any further questions, please contact the Press Office. Thank you! This article is selected from "China.com", edited by GMTEight: Chen Xiaoyi.