Premier Li Keqiang chaired an executive meeting of the State Council on the 20th, deploying in-depth efforts to implement a package of policies and measures to stabilize the economy and promote the economy to consolidate and stabilize its foundation and maintain operation within

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Premier Li Keqiang chaired an executive meeting of the State Council on the 20th, deploying an in-depth grasp of the implementation of a package of policies and measures to stabilize the economy to promote the economy to consolidate and stabilize the basics and maintain operation within a reasonable range; determine and strengthen measures to ensure supply and price stabilization of key commodities to protect people's living needs; deploy to continue to stabilize employment and people's livelihood, and secure the bottom line of people's livelihood.

" Daily Economic News " reporter noted that this is the State Council executive meeting that once again takes economic stabilization as the main topic. The

meeting proposed three important measures: including the implementation of a package of policies and measures to stabilize the economy to ensure full implementation; promoting the construction of major projects and the upgrading of equipment to create more physical workload, and those that meet winter construction conditions shall not be suspended; adhere to the "two unwavering " and support html private enterprises to boost confidence and better development.

Workers work in the workshop of a casting processing company in Zunhua City, Hebei Province. Image source: Xinhua News Agency

Promoting the construction of major projects and equipment upgrades to create more physical workloads

"Daily Economic News" reporters noted that the meeting pointed out that it is extremely difficult to stabilize employment, prices, and the economy market this year. The current economy is recovering and stabilizing, but the foundation is not yet solid. It is necessary to implement the spirit of the Central Economic Work Conference, implement the deployment of the Party Central Committee and the State Council, adhere to development as the top priority, focus on stabilizing growth, stabilizing employment, and stabilizing prices, keep the economy operating within a reasonable range, promote further economic recovery and improvement, and achieve a good start next year. The

meeting pointed out that the implementation of a package of policies and subsequent measures to stabilize the economy has played an important supporting role in responding to the impact of unexpected factors and promoting economic operation from decline to stabilization. There is still room for these policies and measures to unleash their effects. If done well now, they will be more effective in stabilizing growth next year. We must seize the time window and pay close attention to policy implementation.

First, we must do a good job in implementing a package of policies and measures to stabilize the economy to ensure full implementation. Second, promotes the construction of major projects and equipment upgrades and transformations to create more physical workloads, and those that meet winter construction conditions are not allowed to stop work.

The third is to adhere to the "two unwavering principles" and support private enterprises to boost confidence and develop better. Support the healthy and sustainable development of the platform economy. Implement 16 financial policies to support rigid and improved housing needs. As the optimization and adjustment of epidemic prevention and control measures are implemented in an orderly manner, it is necessary to better coordinate epidemic prevention and control and economic and social development to lay a solid foundation for next year's economic growth. In the near future, relevant departments will once again supervise local governments to implement a package of policies and measures to stabilize the economy, shoulder the responsibility of stabilizing growth, promote the reform of "decentralization, decentralization, regulation and service", and coordinate to solve problems.

Regarding "promoting the construction of major projects and equipment upgrades to create more physical workloads," Zheng Houcheng, director of the Yingda Securities Research Institute, pointed out in an interview with a reporter from the "Daily Economic News" on WeChat that it can be seen from the relevant statements of the previous Central Economic Work Conference that whether it is government investment, major projects, inter-regional infrastructure, policy finance, or major projects, they all point to infrastructure investment. It can be seen that infrastructure investment is the main force that will play a key role in investment in the future.

Solve the problem of poor logistics in the "last mile" in some places as soon as possible

The "Daily Economic News" reporter also noticed that this meeting made policy arrangements for current hot spots in the field of people's livelihood. The

meeting pointed out that as New Year’s Day and Spring Festival are approaching, must continue to ensure supply and stable prices of daily necessities. Solve as soon as possible the problem of poor logistics in the "last mile" in some places..

The "rice bag" provincial governor responsibility system and the "vegetable basket" mayor responsibility system will be consolidated to ensure adequate supply of daily necessities and stable prices during the Double Festival. We will effectively ensure the people's needs for epidemic prevention materials and medicines, strengthen international cooperation, and import urgently needed supplies in a reasonable manner.

reporters also noticed that logistics in many places across the country is recovering in an orderly manner recently.For example, according to news released by Beijing, from December 15 to 18, the local daily express delivery volume remained above 15 million items for four consecutive days, of which the delivery volume was more than 10 million items, reaching 10.84 million items on December 17, an increase of 23% from the 8.78 million items delivered on December 13. The

meeting also pointed out that we must firmly stabilize employment and protect people's livelihood. We will focus on ensuring stable employment for market entities and implement measures to assist enterprises. We will do a solid job in employment of college graduates. Rectify the problem of wage arrears for migrant workers and help them return to work in time after the holidays. Support entrepreneurship to create employment.

We must ensure the livelihood of people in need, issue various relief funds in full and in a timely manner, provide temporary assistance to people in need due to the epidemic, and ensure the basic life of people in need.

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