China’s Focus on Domestic Affairs amid Rising Trade Tensions #

China plans to prioritize its own affairs amidst increasing trade tensions, according to top Chinese officials. The deputy director at the Chinese Communist Party’s central committee office for financial and economic affairs emphasized the importance of focusing on domestic priorities to ensure the stability and steady progress of the national economy. The officials listed three key areas of focus: the stable development of the real estate market, the growth of emerging industries, and the expansion of domestic demand, particularly consumption. The press conference followed the conclusion of the high-level meeting policy known as the Third Plenum, in which the Chinese government discussed boosting domestic tech and achieving economic targets. China remains committed to deepening reforms and further opening up, despite increased external uncertainties.