ChainCatcher news, according to Caixin, the Political Bureau of the Central Committee of the Communist Party of China held a meeting today to deploy economic work for next year.The meeting emphasized the need to maintain stability while seeking progress, promote stability through progress, implement a more proactive fiscal policy and moderately loose monetary policy, strengthen extraordinary counter-cyclical adjustments, and enhance the foresight and effectiveness of macro-control. The meeting proposed to boost consumption, improve investment efficiency, and expand domestic demand; promote the construction of a modern industrial system through technological innovation; deepen economic system reform and implement landmark measures; expand high-level opening up, stabilize foreign trade, and stabilize foreign investment.At the same time, it is necessary to effectively prevent and resolve risks in key areas, consolidate the achievements of poverty alleviation, promote new urbanization and rural revitalization, and facilitate integrated urban-rural development. The meeting also emphasized increasing the implementation of regional strategies, promoting green transformation and development, and strengthening social security to enhance people's sense of gain and happiness.

ChainCatcher news, according to Xinhua News Agency, the Central Committee of the Communist Party of China and the State Council issued opinions on implementing a priority employment strategy to promote high-quality and full employment. The opinions propose to prevent and resolve major risks. Establish and improve a statistical monitoring system for high-quality and full employment, establish an employment position survey system, and conduct assessments of high-quality and full employment in a timely manner. Improve the mechanism for preventing and resolving large-scale unemployment risks, strengthen monitoring and early warning, policy reserves, and emergency response. In areas with conditions, employment risk reserve funds may be established to properly respond to major risks in the employment sector. Actively respond to the impact of the rapid development of emerging technologies such as artificial intelligence on employment.

ChainCatcher news, the Central Committee of the Communist Party of China and the State Council's opinions on building a data foundation system to better leverage the role of data elements. The opinions point out the need to establish a mechanism for the safe, compliant, and orderly cross-border flow of data. It emphasizes international exchanges and cooperation in areas such as data interaction, business interoperability, regulatory mutual recognition, and service sharing, promoting the construction of cross-border digital trade infrastructure. Based on the "Global Data Security Initiative," it actively participates in the formulation of international rules and digital technology standards related to data flow, data security, certification and evaluation, and digital currency.Adhering to open development, it promotes the orderly two-way cross-border flow of data, encourages domestic and foreign enterprises and organizations to carry out cross-border data flow business cooperation in accordance with laws and regulations, supports foreign investment entering open fields in compliance with laws and regulations, and promotes the formation of a fair and competitive international market. For typical application scenarios such as cross-border e-commerce, cross-border payment, supply chain management, and service outsourcing, it explores safe and standardized methods for cross-border data flow. It coordinates data development and utilization with data security protection, exploring the establishment of a cross-border data classification and grading management mechanism. Activities related to data processing, cross-border data transmission, and foreign mergers and acquisitions that affect or may affect national security are subject to national security review in accordance with laws and regulations.According to the principle of reciprocity, it implements export controls on data that are subject to regulation and related to maintaining national security and interests, as well as fulfilling international obligations, ensuring that data is used for legitimate purposes and preventing security risks associated with data exiting the country. It explores the construction of a multi-channel and facilitative regulatory mechanism for cross-border data flow and improves the regulatory system for cross-border data flow through multi-departmental coordination and cooperation. It opposes data hegemony and data protectionism, effectively responding to "long-arm jurisdiction" in the data field. (Xinhua News Agency)