China News Service, Beijing, April 25 (Reporter Li Xiaoyu) Yang Weimin, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and deputy director of the Economic Committee, said on the 25th that the epidemic has not changed the fundamentals of China's economy, and more effective measures should be introduced to stabilize growth.

  In the first quarter of this year, China's economic growth rate was 4.8%.

Yang Weimin, who attended the "Energy China" of the China News Service Forum on the same day and delivered a keynote speech, said that China's economy is facing new challenges.

Judging from official data, many economic data such as consumption and exports in the first two months of this year were upward, but they turned downward in March due to the impact of the epidemic.

Under such circumstances, to achieve the annual economic growth target of 5.5% set at the beginning of the year, more efforts are needed.

  He said that the current impact of the epidemic is short-term and has not changed the fundamentals of China's economic resilience and long-term improvement.

China has a complete industrial system, abundant human resources, convenient infrastructure, a strong domestic market, and a large and dynamic market entity. There are still many policy tools in the macro policy toolbox.

Therefore, China's economy is capable of achieving steady development.

  Yang Weimin believes that at present, more focused and targeted measures should be taken with quick results to increase support for stable growth.

  The first is to prevent and control the epidemic more accurately and scientifically.

We must not only control the epidemic, but also minimize the restrictions on the flow of people and logistics caused by epidemic prevention measures, so as to control the epidemic at the lowest cost of economic development.

  The second is to actively expand consumption.

Yang Weimin believes that compared with expanding investment, expanding consumption has a more direct and immediate effect on the economy.

Some financial support can be given to groups whose income has been reduced due to the impact of the epidemic to release their consumption potential; reform measures can be adopted, such as adjusting the car purchase restriction policy to reduce restrictions on consumption.

  The third is to focus on stabilizing the real estate market.

Yang Weimin said that the research and formulation of a comprehensive package of real estate policies should be accelerated, the direction of the new real estate system and model should be clarified, and relevant policy measures should be clarified, so as to provide real estate companies and residents with reliable expectations.

  Fourth, improve governance efficiency.

Yang Weimin said that to improve the economic system governance ideas and methods under multiple goals, adjust policies to respect market laws, grasp the period, strength and effects of contractionary policies, comprehensive impact assessments for major policies, and adjustments to enterprise-related policies. Solicit business opinions.

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