金木棉游戏亚洲官方网站: China eyes incremental policies to shore up growth

2022-05-13 13:43:42Xinhua Editor : Mo Hong'e ECNS App Download

文章摘要:金木棉游戏亚洲官方网站,如今倒也不奇怪 如醉如痴而多出供奉。

A worker works at an auto parts company in Jilin City, northeast China's Jilin Province, April 19, 2022. Local enterprises have been resuming production under strict COVID-19 prevention and control measures. (Xinhua/Zhang Nan)

China is mulling new incremental policies to shore up economic growth and will make further adjustments when necessary, a senior economic official said on Thursday.

"There is sufficient room for fiscal, monetary policy and other policies, and we have various policy tools," Han Wenxiu, the official with the Central Committee for Financial and Economic Affairs, said at a press conference in response to questions on China's economic development.

"We have rich experience in coping with downward pressure on the economy, and will not hesitate to take steps," Han said.

The official's comments follow the Chinese authorities' recognition of mounting downward pressure on the economy, which was addressed at a key meeting of the Political Bureau of the Communist Party of China Central Committee in late April.

The meeting analyzed the current economic situation and economic work, including the rising risks caused by the resurgences of COVID-19 and the Ukraine crisis, and clearly asserted that efforts should be made to contain the epidemic, stabilize the economy and keep development secure.

"All those aspects should be taken into account, and you cannot fix just one at a time," Han said. "It is a quite difficult work."

Calling the epidemic "a tiger in the way" of economic and social development, Han called for scientific, precise and effective measures to prevent and control COVID-19, which is an "essential pre-condition for the normal operation of the economy and society."

Efforts should be made to implement the existing policies in the first half of the year, Han said, adding that the State Council and relevant departments are working on detailed policy steps to help industries, small and medium-sized enterprises and individual businesses that are severely affected by the epidemic.

Han also called for making reforms and tapping the potential of domestic demand, such as strengthening infrastructure construction, making effective investment and boosting consumption.

"China's economy is at a critical moment in overcoming difficulties, and the problems are the growing pains in the development process," Han said. "As long as we strengthen our confidence and rise to the challenges, we will be able to turn those challenges into opportunities, and that is the basic logic of China's economic development."

Chen Yulu, vice governor of the People's Bank of China, said that, in order to cushion the impact of the epidemic, the central bank has cut the reserve requirement ratio to keep liquidity at an ample level, lowered the financing costs of market entities, and implemented structural monetary instruments.

China has established a re-lending facility worth 200 billion yuan (about 29.72 billion U.S. dollars) to boost scientific and technological innovation and implemented a re-lending cap of 40 billion yuan for inclusive elderly care, Chen said.

By the end of March, the central bank had issued 138.6 billion yuan of funds through a supporting tool for carbon reduction, he added.

The central bank will put stable growth in a more prominent position, actively plan incremental policy tools, continue to reduce financing costs and step up financial support for the real economy, Chen said.

Related news

Most popular in 24h

MoreTop news


Back to top About Us | Jobs | Contact Us | 七彩游戏现金网
Copyright ©1999-2022 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[申博官方代理] [京ICP备05004340号-1]
千赢国际咨询端下载 大地网投手机版登录 申博太阳城APP下载真人荷官 黄金城app手机版最高代理 七彩游戏现金网
福德正神国际登录网址 乐橙娱乐官网下载 申博1元终身 乐橙首页最高返水 澳门太阳城集团游戏
永乐国际咨询端下载 云顶官网是多少 彩经网走势图app官网下载 永利真人下载链接 888集团保险投注开户
澳门太阳集团下载 泡泡彩票足球 申博游戏登入 太阳城娱乐开户 太阳城申博官网