Zheng Shajie: It is expected that this year's GDP increment will exceed 6 trillion yuan.

Caixin Online News on March 6th, the Fourth Session of the Fourteenth National People's Congress held a press conference at 3 p.m. at the Meiya Center Press Hall, inviting the Director of the National Development and Reform Commission Zheng Zhajie, Minister of Finance Lian Fu'an, Minister of Commerce Wang Wentao, Governor of the People's Bank of China Pan Gongsheng, and Chairman of the China Securities Regulatory Commission Wu Qing to answer questions from domestic and foreign journalists on issues related to development, reform, fiscal budget, commerce, finance, and securities. The main points of Zheng Zhajie's responses to journalists' questions are as follows: It is expected that the increment of GDP will exceed 6 trillion yuan this year, providing strong support for stabilizing employment, benefiting peoples livelihoods, and preventing risks. More policies and funds will be allocated to better unleash consumer potential. It is expected that the scale of the service industry during the 14th Five-Year Plan period will exceed 100 trillion yuan. Promote 109 major projects and initiatives during the 14th Five-Year Plan and carry out a number of actions to expand effective investment. The scale of the Beidou industry is expected to exceed 1 trillion yuan within five years. By the end of the 14th Five-Year Plan period, the scale of industries related to artificial intelligence will grow to over 10 trillion yuan. Establish a national-level merger and acquisition fund in conjunction with the Ministry of Finance, the People's Bank of China, and other departments to further facilitate the exit channels for venture capital and improve the turnover efficiency of venture capital. This year, efforts will be made to enhance the efficiency of macroeconomic regulation and the synergy of policies from four aspects. The market access system will be improved to reduce unreasonable restrictions. In response to the three waves of peak school-age population, the 14th Five-Year Plan outline will focus on the construction of ordinary high schools and expansion of quality undergraduate education. The proportion of indicators related to people's livelihood in the draft outline of the 14th Five-Year Plan is the highest, with a focus on improving living standards and welfare.