On July 30, the Political Bureau of the CPC Central Committee convened a pivotal meeting to scrutinize the prevailing economic landscape and outline strategies for economic endeavors in the latter half of the year. The meeting underscored the imperative to bolster domestic demand by delivering high-caliber offerings tailored to the diverse consumption needs of various demographic segments. It also emphasized the necessity of unlocking the latent potential of service-based consumption and making substantial strides in the development of the 'six networks.' Concurrently, there is a pressing need to expedite the establishment of a modern industrial framework, ensuring enduring and consistent backing for fundamental research endeavors. This involves actively implementing the 'AI Plus' initiative, nurturing novel intelligent economic paradigms, and refining the AI governance apparatus. Furthermore, the meeting highlighted the significance of propelling advancements in pioneering technologies and the evolution of future-oriented industries, thereby cultivating nascent pillar sectors and catalyzing the transformation and modernization of traditional industries.
