China's "News Network" on April 26, reported on the 11th meeting of the Central Finance and Economics Committee held at a time when China faces serious problems in its economy and economic growth. The meeting was chaired by Xi Jinping, General Secretary of the CPC Central Committee, President of the State, Chairman of the Central Military Commission and Director of the Central Financial and Economic Commission and those attending included: Premier Li Keqiang, Deputy Director of the Central Financial and Economic Commission; Wang Huning, Member of the Central Financial and Economic Commission; and Han Zheng, Vice Premier of the State Council, and Member of the Central Financial and Economic Commission. The Central Financial and Economic Commission has held a total of 11 meetings since March 2018, when the CCP CC issued the "Plan for Deepening the Reform of Party and State Institutions", which clearly proposed to change the Central Finance and Economics Leading Group to the "Central Finance and Economics Committee". According to "News Network", at this meeting, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Transport, the Ministry of Housing and Urban-Rural Development, the Ministry of Agriculture and Rural Affairs, the Ministry of Water Resources and other departments also reported on the issue of comprehensively strengthening infrastructure construction. Xi Jinping heard their reports. The meeting of the Central Finance and Economics Committee said: (i) "China's infrastructure has not yet met the needs of national development and security "; and (ii) that "comprehensively strengthening infrastructure construction will ensure national security , smooth domestic circulation, promote domestic and international dual circulation, expand domestic demand, and promote High- quality development, which is of great significance.” It added there is still room for improvement in infrastructure construction. The meeting of the Central Finance and Economics Committee on April 26, clarified "It is necessary to be moderately advanced , the layout of infrastructure that is conducive to leading industrial development and maintaining national security , and at the same time grasp the degree of advanced construction ." The meeting emphasized that it is necessary to coordinate the two major issues of development and safety, firmly establish bottom-line thinking, effectively strengthen the ability to predict and early warning of major risks , and have practical and effective response plans and specific actionable measures. It urged all regions and departments to accurately understand the spirit of the Central Financial and Economic Commission's decision-making, take the initiative to take responsibility and act actively, and jointly promote the implementation of the decision-making and deployment. The meeting also mentioned the need to guide market expectations, clarify policy orientation and principles, and stabilize market confidence. 

(Comment: Details of the dates and subjects of the previous 10 meetings are as follows: (i) April 2, 2018 --Study the ideas and measures to fight the three tough battles, and study and approve the "Working Rules of the Central Financial and Economic Commission"; (ii) July 13, 2018 -- Research on improving the innovation ability of key core technologies; (iii) October 10, 2018 -- Research on improving my country's natural disaster prevention and control ability and planning and construction of Sichuan-Tibet railway; (iv) April 22, 2019 -- Studying the problems of building a well-off society in an all-round way to make up for shortcomings and the implementation of the spirit of the Central Economic Work Conference; (v) August 26, 2019 -- Research on regional economic layout issues that promote the formation of complementary advantages and high-quality development, and issues of improving industrial basic capabilities and industrial chain levels; (vi) January 3, 2020 -- Studying the ecological protection and high-quality development of the Yellow River Basin, and promoting the construction of the Chengdu-Chongqing economic circle; (vii) April 10, 2020 -- Research on several major issues related to the national medium and long-term economic and social development strategy; (viii) September 9, 2020 -- Study the issues of smoothing the national economic cycle and the construction of a modern circulation system, and study the implementation of the decisions and arrangements of the Central Finance and Economics Committee since the 19th National Congress of the Communist Party of China; (ix) March 15, 2021 -- Research the basic ideas and main measures to promote the healthy development of the platform economy and achieve carbon peaking and carbon neutrality; (x) August 17, 2021 -- Study the issue of solidly promoting common prosperity, study the issue of preventing and resolving major financial risks, and doing a good job of financial stability and development.)