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Key meeting: Get nation back to work

By XU WEI | China Daily | Updated: 2020-04-18 07:29
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A customer purchases beverage in Jiangbei District of Chongqing, southwest China, March 23, 2020. [Photo/Xinhua]

It reiterated the importance of staying committed to the general principle of pursing progress while ensuring stability, sticking to the new development philosophy, focusing on supply-side structural reform as the main task and seeking high-quality growth powered by reform and opening-up.

Authorities must scale up efforts to stabilize the job market, ensure the public's well-being, protect market entities, guarantee the security of food and energy, stabilize industry and supply chains and ensure normal operations at the primary level, the statement said. The goals of poverty alleviation and building a moderately prosperous society in all respects must be met, it added.

The meeting stressed the necessity of making proactive fiscal policy more effective, with steps to raise the budget deficit ratio, issue special sovereign bonds and increase the scale of local government bonds. Prudent monetary policy must be more flexible and accommodating to maintain adequate liquidity with the use of tools such as relending and cuts in reserve requirement ratios and interest rates.

To consolidate sustained momentum in epidemic containment, the meeting urged more tightened, concrete and detailed measures to carry out containment measures on a regular basis.

Hubei province and its capital, Wuhan, must ensure that key groups of people receive nucleic acid tests across the board and other groups can obtain tests of their own volition. The test results and isolation measures must be mutually recognized between the province and other provincial areas, the statement said.

Containment efforts in Beijing must be further enhanced, and local authorities must adopt targeted measures to prevent the virus from bouncing back, it added.

China will enhance the care and support of its citizens overseas while guarding against cases imported through border cities, it said, adding that the country will continue to do its best to offer help to relevant countries and contribute to international cooperation in epidemic containment in various forms.

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