China vows to stabilize economic growth while guarding against pandemic
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China has promised to stabilize economic growth while maintaining the prevention and control of COVID-19, and to strengthen the adaptation of macroeconomic policy to achieve the objectives of economic and social development this year.The Political Bureau of the Central Committee of the Chinese Communist Party (CPC) held a meeting on Friday to study and analyze the current economic situation and related work.The meeting was chaired by Xi Jinping, secretary general of the CPC Central Committee.
Minimize the impact of covid-19 on the economy
Although China’s economy has taken a good start this year with hard -won achievements, Reunion stressed that in the middle of the pandemic and Ukraine crisis, the development environment of the China is more and more volatile, serious and uncertain and the country faces new challenges to stabilize growth, employment and the price.
The effective protection and improvement of people’s livelihoods is vital, Reunion highlighted, urging efforts to put into practice the main policies of the CPC Central Committee.The meeting clearly indicated that the country should stick to the prevention and control of the epidemic, stabilize the economy and ensure both development and security.
Given that the rapid distribution variants of COVID-19 have a large number of changes, Reunion called to effectively coordinate efforts between pandemic and social development and to put people and their life without unleashing.The country will stick to its strategy to prevent imported infections and domestic thrusts while adhering to a zero-dental dynamic policy, said the meeting, adding that the country will succeed in obtaining maximum protection of life and Health of people while minimizing the impact of the epidemic on the economic and social development of the country.
Reunion has urged efforts to improve regulations based on the range of macroeconomic policies, striving to achieve the expected objectives of economic and social development throughout the year.He added that the country should keep the main economic indicators in an appropriate range, implement tax and reduced policies and use diversified monetary tools.
Expanding domestic demand, addressing market concerns
To extend domestic demand, the role of investment and consumption must be underlined, the emphasis underlined, the addition of support for land use, energy consumption and the evaluation of the Environmental impact must be reinforced and the construction of infrastructure should also be complete.For micro, small and medium -sized enterprises and self -employed workers strongly affected by the pandemic, a range of policies should be deployed in a timely manner to compensate for the impact of the epidemic, according to Reunion.
Reunion highlighted the need to maintain the supply and prices of stable energy resources, guaranteeing regular preparation for spring plowing as well as the supply of important subsistence products in the country.Calling to guarantee a coordinated national response, the meeting said that the country should ensure the smooth logistics flow and ensure the supply chain of the key industries, in particular those vital for supply chains, providers of logistics service and anti-cook supplies.
The country will continue to effectively control risks and act against systemic financial risks, the meeting stressed.Acting on the principle in which houses live, not for speculation, the country will implement policies specific to the city to promote a stable and healthy development of the real estate market, noted the meeting.
Reunion also called on the country to deliver in its work, to accelerate the construction of the new development paradigm, to deepen the structural reform of the offer, to obtain self-sufficiency in technology and to register at levels higher and to build a resilient national strong and national economic cycle.The country is expected to continue a high standard opening and actively react to the concerns of foreign companies to support them to better invest and start operations in China, said the meeting, urging the overall performance of foreign trade and foreign investments.
The meeting stressed the importance of responding to market concerns in a timely manner and has regularly called upon the reform of the initial system based on registration. Active efforts should be made to attract long -term investors and maintain the proper functioning of the capital market, the meeting said.He called for efforts to promote the healthy development of the platform economy and carry out standardized supervision.The meeting highlighted the objective of GDP this year always the same, which means that the government is very confident about its efforts to maintain the economic growth of this year, that Qiang, deputy director and researcher at the International International Institute From Renmin’s University of China, said CGTN on Friday.
China aims for a healthy, continuous and stable development of the real estate market, he said, noting that the country is confident to control the risk of the sector, a pillar of the Chinese economy.
The meeting reiterated to stick to its “zero dynamic” policy towards COVVI-19. With regard to the concerns that this policy can negatively affect the economy, which this meeting said that the local government was asking the local government to find a very important balance between “zero” and “dynamic”, between pandemic control and the economic development.Recently, the Chinese central bank has announced new financial policies to support loans to business innovation. What has noted that it is a good start but can take some time to take effect.
As for the recent depreciation of the Yuan against the US dollar, which said that this was good for the manufacturing sector for export. He said that the Chinese yuan has benefited from a very strong momentum in the past two years, which has helped China fight against imported inflation, but on the other hand, also compromised the competitiveness of the sector of Exports from China.
Plan for talent development (2021-2025)
The meeting also examined a talent development plan during the period of the 14th five-year plan (2021-2025), calling for accelerating work to do China in a large world talent and innovation center.Beijing, Shanghai and the Guangdong-Hong Kong-Macao Greater Bay region should follow high standards and strive to become pilot areas for innovation and talent.
Large cities with high-end talent clusters should take effective measures to build platforms that can attract a large number of talented people, he added.Reunion highlighted the importance of cultivating strategic scientists and letting them play their roles, and feeding a large number of best leaders in science and innovation teams, young talents of science-techniques and exceptional engineers.
The objective of the culture of talents should be placed on the support and culture of talents in basic research, the meeting said.By 2025, China aims to considerably increase its total R&D expenses, attracted more high -level scientists, boasted of a large number of scientists and technologists in strategically important and basic technological fields, of managers High-level science-technology and innovation teams, according to a conference center on talent-related works held last September.
China has promised to stabilize economic growth while maintaining the prevention and control of COVID-19, and to strengthen the adaptation of macroeconomic policy to achieve the objectives of economic and social development this year.The Political Bureau of the Central Committee of the Chinese Communist Party (CPC) held a meeting on Friday to study and analyze…