[Commentary] On May 22, the Information Office of the State Council held a briefing. The head of the government work report drafting group and the director of the State Council Research Office Huang Shouhong, and the member of the State Council Research Office Sun Guojun interpreted the government work report. Sun Guojun said that employment has become a high-frequency word in the report. It is the first time that employment has been mentioned 39 times.
[Commentary] Huang Shouhong introduced that job stability is the most important and the biggest achievement this year. Stabilizing employment will protect the basic livelihood of the people.
[Same period] Huang Shouhong, director of the State Council Research Office, head of the government work report drafting group
Employment is the biggest livelihood, and employment is the most basic motivation for economic development. But what does it take to secure employment? You have to stabilize the enterprises and the market players, especially the small and medium-sized enterprises. Small and medium-sized enterprises are the main main channels for our employment. More than 80% or 90% of them are owned by small and medium-sized enterprises.
[Explanation] Huang Shouhong said that the government work report also proposed a series of measures in response to the current difficulties faced by small, medium and micro enterprises, including 2.5 trillion new tax cuts and other taxes and fees, and lower electricity prices and network costs.
[Same period] Huang Shouhong, director of the State Council Research Office, head of the government work report drafting group
We implemented VAT reform last year, and we reduced 2.36 trillion (RMB). This year, on the basis of last year, in fact the new tax and fee reductions this year are 2.5 trillion (RMB). In addition to these tax and fee reductions, there are some other policies to reduce others. For example, you put forward in this report, continue to reduce electricity prices, and then continue to promote network fee reductions by 15%. There are a series of measures in finance, especially if you look at it, in the five-year policy, it is proposed to innovate such policy tools for direct enterprises, etc., that is, around the difficulties for the current small and micro enterprises, from small A series of measures have been taken to overcome the difficulties associated with the employment of micro-enterprises.
[Explanation] Huang Shouhong said that in order to cope with the pressure caused by the increase in the unemployment rate, the report proposes to strengthen the protection of the unemployed. At present, China's unemployment insurance surplus and social security fund strategic reserves are relatively sufficient, and China is able to cope with unemployment.
[Same period] Huang Shouhong, director of the State Council Research Office, head of the government work report drafting group
Our current unemployment insurance fund balance, we now have more than 460 billion (RMB). In addition, we also have strategic reserves. Everyone knows that our social security fund has a strategic reserve of more than 2 trillion yuan (RMB), and so on. There are others. In addition, as everyone knows about the state-owned assets in the past two years, it is constantly allocated to the social security fund. In addition, for individual places, there may be some gaps in unemployment in some difficult areas. The central government has now taken steps to increase central adjustments every year and increase the proportion of central adjustments. This year it will be 4%, and pension adjustments will be 4%. Another one is to implement this kind of provincial co-ordination in unemployment security Wait, through this series of measures, we have the ability and the means to take this job out of pocket.
Reporter Shan Lu from Beijing
Editor in charge: [Lu Yan]