Quotable quotes from Summer Summit of Yabuli China entrepreneurs
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Wang Xiaolu, deputy director at the National Economic Research Institute
Currently Chinese society needs bailout policies more than stimulus policies. The epidemic has pulled down incomes for many residents. Stabilizing employment, improving people's livelihood, and ensuring market entities should be considered during policy making. Putting limited resources into rescuing enterprises, helping the jobless and families with difficulties in their livelihoods will allow consumption to return to normal and drive domestic demand in the future.