On November 16, the National Development and Reform Commission held a November press conference.
National Development and Reform Commission spokesman Meng Wei said that according to the October economic data released by the National Bureau of Statistics, China's economy withstood the impact of multiple domestic and foreign factors that exceeded expectations in October, and continued to maintain a recovery trend.
The economy of major economic provinces and other key areas is accelerating to stabilize and develop. With the accelerated implementation of a package of economic stabilization policies and subsequent measures, as well as policy-based development financial instruments, special re-loans for equipment renovation and fiscal discounts, and expansion of medium- and long-term loans for the manufacturing industry A series of measures such as launch will be effective in the fourth quarter, and industrial growth momentum and investment confidence will continue to increase.
Recently, the Joint Prevention and Control Mechanism of the State Council issued 20 measures to optimize the prevention and control of the epidemic, guiding localities to do a better job of epidemic prevention and control in a more scientific and accurate manner, and effectively coordinate epidemic prevention and control with economic and social development, which will help to further smooth the economic cycle and promote the recovery of market demand .
Looking forward to the whole year, the economic growth rate is expected to further accelerate, and the foundation for stabilization and improvement will continue to be consolidated.
(Liu Jiali produced by Liu Peng)
Responsible editor: [Li Ji]