1. The total economic output of China has exceeded one trillion yuan for the first time
 
On January 18th, the National Bureau of Statistics released data stating that in 2020, China's Gross Domestic Product (GDP) reached 1.015986 trillion yuan, breaking through the 10 trillion yuan mark for the first time. This means that China's economic strength, technological strength, and comprehensive national strength have reached a new level. In 2021, the Chinese economy continued to stabilize and improve, demonstrating tremendous potential and resilience at the beginning of the 14th Five Year Plan period.
 
2. China announces the comprehensive construction of a moderately prosperous society in all respects
 
 
 
3. Heavy handed anti-monopoly measures to prevent disorderly expansion of capital
 
Since the beginning of this year, strong regulatory signals have been continuously released to address issues such as platform monopolies, disorderly competition, and disorderly capital expansion. A series of "combination punches" have been taken to strengthen anti-monopoly measures and prevent disorderly capital expansion. In terms of strengthening the supervision of the platform economy, relevant departments such as the State Council's Anti Monopoly Commission and the State Administration for Market Regulation have issued multiple documents, and anti-monopoly law enforcement agencies have also vigorously "brandished their swords" and repeatedly issued fines. When the Central Economic Work Conference proposed to correctly understand and grasp the characteristics and behavioral laws of capital, it was clearly stated that "traffic lights" should be set up for capital.
 
4. Zhejiang explores ways to promote common prosperity ahead of others
 
On June 10th, the Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting the High Quality Development and Construction of a Common Prosperity Demonstration Zone in Zhejiang Province were released. The Opinion endows Zhejiang with important demonstration reform tasks, to take the lead in promoting common prosperity for all people and set an example. Subsequently, the Zhejiang Provincial Party Committee comprehensively deployed the construction of a demonstration zone for high-quality development and common prosperity, established a leadership group for the demonstration zone, accelerated the construction of new mechanisms, formulated and issued a 25000 word implementation plan for promoting the construction of a demonstration zone for high-quality development and common prosperity in Zhejiang (2021-2025), and comprehensively refined and implemented development goals.
 
5. Rapid rise in commodity prices, multiple parties working together to ensure energy supply and stabilize prices
 
With the soaring global commodity prices, the prices of raw materials such as copper and iron required for production have been skyrocketing. To cope with the adverse effects of rising commodity prices, relevant departments of the country have worked together to ensure the supply and price stability of commodities, and made efforts to prevent transmission to consumer prices.
 
Affected by the significant increase in energy prices in the international market, the supply and demand of domestic electricity and coal have remained tight since the beginning of this year. Relevant departments at all levels have taken effective measures to ensure energy supply, especially for people's livelihood. The tense situation of energy supply and demand has eased to some extent, and the national coal production and market supply continue to increase, laying a good foundation for ensuring energy security and providing warm winters for the people.
 
6. Release of top-level design documents for the "dual carbon" policy system
 
The national carbon emissions trading market was officially launched on July 16th. In October, the Opinions of the Central Committee of the Communist Party of China and the State Council on Fully, Accurately, and Comprehensively Implementing the New Development Concept and Doing a Good Job in Carbon Peak and Carbon Neutrality Work were released. As the "1", opinions play a leading role in the "1 N" policy system for carbon peak and carbon neutrality. Subsequently, the State Council issued the Action Plan for Peaking Carbon Emissions before 2030. These two guiding documents together constitute the top-level design that runs through the two stages of carbon peak and carbon neutrality.
 
7. The first negative list for cross-border trade in services has been released, and China's absorption of foreign investment has exceeded one trillion yuan
 
The first negative list in China's cross-border service trade field, the "Hainan Free Trade Port Cross border Service Trade Special Management Measures (Negative List) (2021 Edition)", has been officially implemented. This is another major institutional opening-up measure in China's open field after the negative list for foreign investment access.
 
On December 16th, the Ministry of Commerce released data showing that from January to November, the actual amount of foreign investment used in China was 1042.2 billion yuan, a year-on-year increase of 15.9%.
 
8. The Beijing Stock Exchange officially opens for trading, accelerating the reform and development of the capital market
 
On November 15th, the Beijing Stock Exchange officially opened, marking another important milestone in the reform and development of the capital market. The institutional design of the Beijing Stock Exchange focuses on serving small and medium-sized enterprises, which is conducive to promoting the improvement of the multi-level capital market system with Chinese characteristics.
 
On April 6th, the merger of the main board and small and medium-sized board of the Shenzhen Stock Exchange, which has attracted market attention, was officially implemented. Three companies successfully logged into the motherboard on the same day.
 
9. The Central Economic Work Conference emphasizes the importance of stability while seeking progress
 
The Central Economic Work Conference will be held in Beijing from December 8th to 10th. The meeting requires that next year's economic work should prioritize stability and strive for progress while maintaining stability. All regions and departments should shoulder the responsibility of stabilizing the macro economy, and all parties should actively introduce policies that are conducive to economic stability, with policy efforts being appropriately advanced. The meeting believes that entering a new stage of development, China's internal and external development environment has undergone profound changes, facing many new major theoretical and practical issues that require correct understanding and grasp.
 
10. The 14th Five Year Plan for Promoting the Development of Small and Medium sized Enterprises has been released, aiming to create 10000 specialized, refined, unique and innovative "little giants"
 
In December, the Ministry of Industry and Information Technology, together with 19 departments and units including the National Development and Reform Commission, the Ministry of Science and Technology, and the Ministry of Finance, issued the "14th Five Year Plan for Promoting the Development of Small and Medium sized Enterprises", striving to steadily improve the overall development quality of small and medium-sized enterprises by 2025, and significantly enhance their innovation capabilities and professional levels. Promote the formation of one million innovative small and medium-sized enterprises, one hundred thousand "specialized, refined, unique, and new" small and medium-sized enterprises, and ten thousand "specialized, refined, unique, and new" little giant "enterprises.