China News Agency, Beijing, April 20 (Reporter Zhou Rui): China ’s National Development and Reform Commission Director General of National Economic Integration Yan Pengcheng revealed in Beijing on the 20th that China will hedge its impact on the epidemic with a more proactive financial policy and a more flexible and appropriate monetary policy To prevent short-term shocks from becoming trendy changes.
These policies mainly include: raising the deficit rate, issuing special anti-epidemic government bonds, substantially increasing the scale of local government special bonds, increasing support for grassroots operations, increasing the funding support for major projects to supplement shortcomings, and increasing the stability of anti-epidemic Support; through multiple methods such as RRR cuts, interest rate cuts, and re-loans, to maintain reasonable and sufficient liquidity, guide the loan market interest rate to fall, and use funds to support the real economy, especially small and medium-sized enterprises.
At a press conference held on the same day by the National Development and Reform Commission, Yan Pengcheng introduced China's policy package for keeping the economy running smoothly.
In terms of resuming production and resuming production, he said that he would speed up the removal of untimely temporary control measures and various unreasonable regulations in response to the difficulties and plugging points faced by the current resumption of production. It is necessary to give full play to the traction of large projects and large enterprises, and strive to support the resumption of business and resumption of small and micro enterprises and individual industrial and commercial households with a wide range of points.
In terms of expanding domestic demand, Yan Pengcheng said that it will actively stabilize the traditional bulk consumption of residents such as automobiles and home appliances, and appropriately increase public consumption, by vigorously cultivating new consumption growth points such as green consumption, information consumption, digital consumption, smart consumption, and health consumption. The growth of online consumption is taking advantage of this trend, which will accelerate the recovery of offline consumption.
At the same time, focusing on the weaknesses of the short board, especially the weaknesses exposed by epidemic prevention and control, speeding up the construction of public health prevention and control and emergency medical treatment capacity, implementing the transformation of old urban communities, and vigorously promoting the construction of new urbanization with county as an important carrier.
In terms of helping enterprises, Yan Pengcheng pointed out that China will promote tax cuts and fee reductions, reduce corporate financing costs and house rents, increase the first loan rate and the proportion of credit loans for small and medium-sized enterprises, increase the interest support for entrepreneurial guaranteed loans, and do everything possible to help Enterprises, especially small and medium-sized enterprises, stabilize their operations. At the same time, we strongly support and encourage export enterprises to actively explore the domestic market and help them overcome difficulties.
In terms of employment and people's livelihood, he said that he will focus on key groups such as college graduates, migrant workers, and labor in poor areas, and implement a policy of assistance and stability. Fully consider the impact of the epidemic and bring the affected people in need into the scope of policy guarantees and employment assistance such as minimum living security, special hardship support, and temporary assistance.
Yan Pengcheng said that China has ample room for macro policy. The National Development and Reform Commission will closely track the development of domestic and foreign economic situations, strengthen economic monitoring, forecasting and early warning, and adjust and improve macroeconomic policies in a timely manner based on changes in the global epidemic situation and China's economic operations. (Finish)