久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Nation intensifies efforts to stimulate recovery

By Pan Mengqi | China Daily Global | Updated: 2020-04-30 09:12
Share
Share - WeChat
A photo shows a night view of the CBD area in downtown Beijing, capital of China. [Photo/Sipa]

Policymakers provide support for millions of businesses

China is stepping up efforts aimed at spurring a rapid economic rebound from the novel coronavirus pandemic.

Policymakers in the world's second-largest economy are mobilizing capital and resources to assist those affected by the outbreak, ensuring that millions of businesses are adequately equipped to handle the impact.

Research carried out by China Daily shows that since the outbreak emerged in the country in December, a series of measures have been adopted by the government to support the resumption of production and reopening of businesses-including the introduction of fiscal, monetary, financial and trade policies.

The research involved a comprehensive analysis of policy documents issued by major ministries and commissions in the past two months. It found the most frequently mentioned keywords in the documents were "small and medium-sized enterprises (SMEs)", "resumption of production", "protecting supply chain stability", "employment protection" and "preferential tax policies".

A series of support measures, especially those aimed at reducing interest rates, extending debt rollovers, renewing loans and providing specific credit lines for production to resume at SMEs, are mentioned many times by several bodies, including the National Development and Reform Commission, the Ministry of Finance and the State Administration of Taxation.

Preferential policies have also been announced for specific industries. For example, the "Internet Plus" concept has been highlighted-a reference to the application of the internet and other information technology in conventional industries.

Policymakers have suggested that enterprises make full use of China's rapidly developing internet services, accelerate digitalization and promote consumption upgrades.

The service sector-including hotels, restaurants and labor-intensive manufacturing industries-h(huán)as been severely affected due to restrictions imposed on public movement during the outbreak.

The research found that policies announced for SMEs have been targeted especially for these industries, while many others, such as civil aviation, wholesale and retail, tourism, internet technology and agriculture, are also covered.

For example, one specific measure includes the provision of favorable interest rates for companies significantly affected by the pandemic.

Other measures include assigning government orders to logistics and transportation companies to carry materials to fight the virus, and encouraging migrant workers in cities to return to their hometowns to start businesses to provide employment support for farmers in rural areas.

The People's Bank of China, the central bank, will use monetary policy tools-such as open market operations-to release sufficient liquidity into the market, and to keep interest rates stable. New loans reached nearly 7 trillion yuan ($988 billion) in the first quarter of this year as part of financial support to shore up the economy, the bank said.

Efforts will be made to speed the issuance and use of local government special bonds to support effective investment, with priority given to regions with major projects and low risk. By the end of last month, the value of such bonds issued this year totaled 1.08 trillion yuan, a year-on-year rise of 63 percent.

Yu Yongding, a member of the China Finance 40 Forum-a platform for finance policy research and academic exchanges-and also a global council member of the Chinese Academy of Social Sciences, said the country's policymakers have responded promptly to the health crisis.

"Their priority is to rein in the pandemic, no matter the cost. Because markets cannot function properly in emergencies, the state has to play a decisive role. Fortunately, China's administrative machinery is functioning effectively," Yu said.

"The government has also devised ways to help businesses survive the crisis, focusing in particular on SMEs. It has cut taxes, reduced charges and provided generous compensation to hard-hit enterprises. In addition, policymakers have resorted to market-friendly measures to steer the allocation of financial resources, as well as possibly loosening some financial regulations."

Yu said that in view of the policies that have been adopted, and the gradual resumption of work and production, consumption could quickly bounce back after the outbreak.

1 2 3 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产在线观看免费人成小说 | 久久视屏这里只有精品6国产 | www.一级片.com| 欧美做爱毛片 | 国产欧美日韩视频在线观看一区二区 | 久久精品一级 | 又粗又爽又色男女乱淫播放男女 | 特黄a三级三级三级 | 在线欧美一区 | 国产精品一区二区久久精品 | 91精品成人 | 中文字幕成人免费高清在线视频 | 女人张开腿让男人插 | 日韩区在线| 国产精品久久做爰 | 亚洲欧美久久精品 | 国产一级片播放 | 精品72久久久久久久中文字幕 | 黄www片 | 男人和女人搞黄 | 奇米5555| 第一色网站| 欧美一级黄| 狠狠ady精品| 亚洲在线一区二区三区 | 久久精品国产精品青草 | 在线观看国产一区 | aaa一级毛片 | 午夜大片免费男女爽爽影院久久 | 国产精品在线播放 | 国产亚洲美女精品久久 | 依依成人综合网 | 亚洲一级片在线播放 | 亚洲制服丝袜美腿亚洲一区 | 精品国产亚洲人成在线 | 国产成人午夜福在线观看 | 亚洲免费高清视频 | 手机亚洲第1页 | 久久99久久精品久久久久久 | 国产思思| 亚欧美图片自偷自拍另类 |