original

China’s Premier Calls for New Measures to Prop up Economy

Garrett_Li

Garrett_...

· 5月19日

Li urged governments at all levels to come up with new measures to boost the economy as soon as possible in May to keep economic indicators within a reasonable range and get the economy back on track.

Image Source: Visual China

Image Source: Visual China

BEIJING, May 18 (TMTPOST) — Chinese Premier Li Keqiang called for new measures to shore up economic growth and secure employment at a meeting in southwestern China’s Yunnan Province on Wednesday.

The meeting was attended by government heads from 12 provinces, including all of the top ten provinces by GDP.

Li pointed out that some economic indicators have been going down since March, especially in April. Li noted that there are over 150 million market players in the country and that overall consumer price is now stable, meaning China has enough room for deploying policies to tackle the mounting challenges faced by the economy.

He highlighted that efficient pandemic control and prevention measures should be taken and that the government should adopt policies to help drive economic growth.

Li said that steps would be taken to stabilize land and property prices to ensure the healthy development of the property market. The central bank cut mortgage rates for first-time homebuyers earlier last week.

Li said the government should see job creation as a priority and stabilize employment rates by keeping market players running. He asked governments at varous levels to fully implement current policies on tax deduction and refund, while guiding financial institutions to grant grace periods to medium- and small enterprises and self-employed people regarding  their interest payments. 

The government is also required to ensure the supply of food and energy and facilitate transportation while controlling the pandemic.

Li urged governments at all levels to come up with new measures to boost the economy as soon as possible in May to keep economic indicators within a reasonable range and get the economy back on track. 

The Chinese premier also reiterated support for digital-economy companies and their public listings. China’s Vice Premier Liu He said on Tuesday at a conference held by the Chinese People's Political Consultative Conference, stating that the Chinese government supports the development of the tech sector and both domestic and overseas public listings for Chinese tech companies.

See also: China’s Vice Premier Stresses Support for Tech Sector

本文系作者Garrett_Li授权钛媒体发表,并经钛媒体编辑,转载请注明出处、作者和本文链接
本文观点仅代表作者本人,钛媒体平台仅对用户提供信息及决策参考,本文不构成投资建议。
想和千万钛媒体用户分享你的新奇观点和发现,点击这里投稿 。创业或融资寻求报道,点击这里

敬原创,有钛度,得赞赏

”支持原创,赞赏一下“
钛粉97884 钛粉97003 钛粉97388 钛粉11323 钛粉97508 钛粉36186
533人已赞赏 >
533换成打赏总人数533人赞赏钛媒体文章
关闭弹窗

挺钛度,加点码!

  • ¥ 5
  • ¥ 10
  • ¥ 20
  • ¥ 50
  • ¥ 100

支付方式

确认支付
关闭弹窗

支付

支付金额:¥6

关闭弹窗
sussess

赞赏金额:¥ 6

赞赏时间:2020.02.11 17:32

关闭弹窗 关闭弹窗

注册邮箱未验证

我们已向下方邮箱发送了验证邮件,请查收并按提示验证您的邮箱。

如果您没有收到邮件,请留意垃圾邮件箱。

更换邮箱

您当前使用的邮箱可能无法接收验证邮件,建议您更换邮箱

账号合并

经检测,你是“钛媒体”和“商业价值”的注册用户。现在,我们对两个产品因进行整合,需要您选择一个账号用来登录。无论您选择哪个账号,两个账号的原有信息都会合并在一起。对于给您造成的不便,我们深感歉意。