Core Viewpoint - The article emphasizes the importance of balancing several key relationships in economic work to ensure stable and high-quality development amidst external pressures and internal challenges [3][5]. Group 1: Economic Performance and Challenges - 2024 is a critical year for achieving the goals of the "14th Five-Year Plan," with the economy showing overall stability and progress despite facing increased external pressures and internal difficulties [3]. - The economic performance over the past year has been notable, with a good start in Q1, followed by increased downward pressure in Q2 and Q3, but a recovery was observed after the implementation of a package of policies on September 26 [4]. - Key achievements include steady development of new productive forces in sectors like integrated circuits, artificial intelligence, and quantum technology, as well as ongoing reforms and deepening of opening-up policies [4]. Group 2: Key Relationships in Economic Work - It is essential to balance the relationship between an effective market and a proactive government, ensuring a well-regulated economic order while allowing market forces to play a decisive role in resource allocation [6]. - The relationship between total supply and total demand must be coordinated to facilitate a smooth national economic cycle, with a focus on expanding domestic demand as a strategic move for economic stability [6]. - There is a need to cultivate new driving forces while upgrading traditional industries, leveraging technological innovation to enhance competitiveness and economic vitality [7]. - Improving resource allocation efficiency requires a balance between optimizing new resources and revitalizing existing ones, including managing both assets and liabilities effectively [8]. - The relationship between quality enhancement and total volume expansion is crucial, as China aims to leverage its large economic scale to foster high-quality development while addressing imbalances in income and development [8].