The executive meeting of the State Council of China pointed out that the current Chinese economy continues to resume the development trend in June, but there is a slight fluctuations and "the recovery foundation is not firm."In the deployment of a policies, infrastructure investment is an important point.
China has introduced 19 stable economic policies, and measures such as supporting infrastructure construction, reducing corporate financing and personal credit costs, and supporting the development and investment of private enterprises to increase their weak stimulating economy; the central government will also send the stable economyThe market supervision and service working group went to the economic province to urge the implementation of policies.
According to Xinhua News Agency, Chinese Prime Minister Li Keqiang hosted a executive meeting of the State Council on Wednesday (August 24) to deploy a policy of stabilizing the economy.
The meeting pointed out that the current Chinese economy continues the development of development in June, but there is a slight fluctuation, "the recovery foundation is not firm"; and it is required to maintain a reasonable scale of policy, use tools in toolboxes, and consolidate the foundation of economic recovery development., But "do not engage in large water irrigation and do not overdraw the future."
On May 23 this year, the National Congress of the National Association issued 33 stability and stability measures, indicating that it is necessary to strive to promote the return of the economy to return to normal track.China's economic data recovered slightly in May and June, but the main economic indicators in July are not as good as expected.
Li Keqiang requested the six economic provinces on the 16th of this month to play the backbone to play a key role in stable economic support; the National Assembly on the 18th shows that it will increase the financial and monetary policy to support the real economy and further consolidate economic recoveryBase.
The State Frequently held on Wednesday announced that while implementing a policy of stabilizing the economy, we will implement 19 continuation policies to promote economic stability and maintain operation in a reasonable range.
Infrastructure investment is an important point. The new policies include: 300 billion yuan (RMB, with about S $ 60.8 billion) that have been launched earlier, based on the policy development financial instrumentThe quota above yuan; and approve a batch of mature infrastructure and other projects.
Policy development financial tools refer to financial instruments established by policy banks such as State Development Bank and Agricultural Development Bank, which are mainly invested in infrastructure construction, major scientific and technological innovation, and projects invested by local government bonds.
The National Association also released signals to promote the recovery of the platform economy and real estate industry, indicating that "to introduce measures to support the development and investment of private enterprises and promote the healthy and sustainable development of the platform.""Flexible use of credit and other policies, reasonably support rigid and improved housing needs.
Wang Jun, director of the China Chief Economist Forum, pointed out in an interview with Lianhe Morning Post that the economic data of July highlighted that the endogenous endogenous of the Chinese economy was relatively weak; and the platform economy and real estate were the very important source of endogenous power for China's economic growth.It is also two important industries that absorb and solve employment problems, so in the current economic situation, it is necessary to play an active role.
Business personnel will be able to get immigration convenience
China strictly controls the border under the "dynamic clearing zero" epidemic prevention policy, causing cross -border commercial exchanges to be blocked, and has also caused concerns about foreign investment.The country often releases the soothing signal on Wednesday, indicating that it will facilitate the entry and exit of business personnel.
China ’s high temperature and drought since July caused electric shortcomings in Sichuan, and agricultural production in many places may be impacted by drought.The meeting announced that it will support the issuance of 200 billion yuan in energy insurance for special bonds such as central power generation enterprises, and 10 billion yuan will be issued on the basis of 30 billion yuan of agricultural capital subsidies this year.
TheThe meeting also announced that the State Council will send the local market to the economic market to supervise and serve the working group. The main leaders of the State Council will lead the team to jointly work in the economic province to accelerate the implementation of policy measures.
Wang Jun believes that the current economic burden is pressed on the local government, but the local government's financial gap is large, and it must also take into account the prevention and control of the epidemic. It is difficult to implement specific economic measures.Implementation of poor implementation.
Dr. Hu Dong'an, senior economist of Oxford Economic Research Institute, judged that the new stimulus policy can avoid the continued decline in China's economic growth, but it will not change the foundation of economic recovery. The economic growth in the third quarter is expected to reach only 3 % to 4%.
