and engineers. We will actively promote international personnel exchanges.
We will accelerate efforts to develop a personnel evaluation system based on innovation-related merit, capability, and contribution and improve systems for rewarding talent and ensuring their work and living conditions. We will continue efforts to foster a favorable environment for talent development that enables talented people to unleash their full potential.
3. Expanding domestic demand and promoting sound economic flows.
We will integrate the strategy of expanding domestic demand with efforts to deepen supply-side structural reform and better coordinate consumption and investment, so as to more effectively drive economic growth. We will promote steady growth in consumer spending.
We will take a full range of steps to unlock potential demand by increasing incomes, improving supply, and reducing restrictions. We will develop new types of consumption, launch policies to promote digital, environmentally-friendly, and health-related consumption, and foster new areas of consumption growth such as smart homes, entertainment, tourism, sports events, and domestic brands with Chinese design elements.
While stabilizing and expanding conventional consumption, we will encourage and promote consumer goods trade-in programs and boost spending on intelligent connected new-energy vehicles, electronic products, and other big-ticket items. Efforts will be made to upgrade elderly and child care, housekeeping and other services and make them more accessible, and support will be given to private entities providing community services.
To improve the consumption environment, we will launch a year-long program to stimulate consumption and roll out a “worry-free consumption” initiative. We will strengthen protection of consumer rights and interests and implement paid leave. An initiative will be launched to upgrade standards and speed up the establishment of a system of standards to facilitate high-quality development. This will ensure steady improvement in the quality of goods and services and meet the people’s needs for a better life.
We will work to increase effective investment.
We will fully leverage the stimulating and multiplier effects of government investment, with a focus on supporting major scientific and technological
20
