"China still has to overcome some difficulties and challenges to further revive the economy," top leaders, including President Xi Jinping. noted at a meeting of the country's Central Economic Work Conference, state news agency Xinhua reported.
The annual closed-door meeting of Beijing's top decision-makers comes as China's economy battles headwinds on multiple fronts, from waning consumer demand to a debt crisis in its property sector.
At the meeting, top officials decided "priorities for the economic work in 2024" and Xi gave a speech, Xinhua said.
"It was noted at the meeting that China's economy has achieved a recovery," the report said.
According to the official present: "favourable conditions outweigh unfavorable factors in China's development".
"And the fundamental trend of the economic recovery and long-term positive outlook has not changed," Xinhua said.
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