As Chinese President Xi Jinping has said, "To meet people's desire for a happy life is our mission." The people-centered approach, embodied in Xi's economic thought widely known as "Xiconomics," is charting course for China's high-quality growth and common development of all nations through win-win cooperation.
How to best handle the relationship between the "visible hand" of the government and the "invisible hand" of the market is a challenge facing policymakers in China and beyond.
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