Economic Daily Jin Guanping: Strengthening bottom-line thinking to do well in economic work.
Strengthening bottom-line thinking means to prevent the worst possible outcomes, strive for the best results, anticipate situations in advance, make adequate preparations, and firmly grasp the initiative in your own hands. Currently, under the impact of the tariff war and trade war, the international economy is far from optimistic. Faced with a complex situation, it is necessary to estimate difficulties more fully, think deeper about risks, and have a clear plan in mind. To deal with short-term and cyclical issues, enough "back-up plans" should be left in the policy toolbox. To address long-term and persistent issues, motivation should be sought from reform and vitality from openness. Regardless of the challenges faced, steadfastly managing one's own affairs and expanding high-level opening up should always be our strategic choice to turn passivity into initiative and pressure into motivation. Responding to the uncertainty of abrupt changes in the external environment with the certainty of high-quality development is not only the way to break through for our country, but it will also inject more stability and certainty into the world economy.
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