China News Service, September 3, according to Reuters, on the evening of September 3 local time, France will officially announce an economic stimulus plan worth 100 billion euros to eliminate the economic impact of the new crown pneumonia epidemic, including a series of Public investment, subsidies and tax cuts.
The picture shows people on the Champs Elysées in Paris, France, some of whom are still not wearing masks.
Photo by China News Agency reporter Li Yang
According to reports, relevant officials revealed that the plan will allocate 35 billion euros to improve the competitiveness of the second largest economy in the euro zone; 30 billion euros will be used to create environmentally friendly energy and promote "green recovery"; 25 billion euros Used to support employment, the country plans to create 160,000 jobs by 2021.
Officials said that because the plan is equivalent to 4% of GDP, France has invested more public funds into its economy than any other European power.
Officials said that the transportation industry will receive 11 billion euros, of which 4.7 billion will be used for the railway network.
In addition, the renovation of energy-efficient buildings will receive assistance, 4 billion euros will be allocated to public buildings, and 2 billion euros will be allocated to ordinary residential buildings.
The government will also provide 1 billion euros of direct assistance for industrial projects.
Among them, 600 million euros will be used to help companies move their factories to France.
According to reports, the Macron government plans to restore the economy to the level before the COVID-19 crisis in 2022.
The French Ministry of Economy and Finance previously predicted that the French economy will shrink by 11% in 2020, and the epidemic will have a huge impact on the economy.