The Central Economic Work Conference was held from December 11 to 12 in Peking. The conference proposed that in response to deep-rooted obstacles to development and external challenges, it is essential to unwaveringly deepen reform and expand opening up; to address the bottlenecks restricting industrial transformation and upgrading, to promote a smooth transition between old and new growth drivers; to strengthen policy support and optimize regulatory services in response to the concerns and demands of enterprises in their operations; and to continue to advance risk disposal in key areas of risk vulnerabilities. Efforts should be made to significantly improve the effectiveness of implementation, fully mobilize grassroots enthusiasm, initiative, and creativity, continuously optimize the business environment, and better gather the synergy to promote high-quality development. (Xinhua News Agency)