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Xi stresses unremitting efforts in COVID-19 control, coordination on economic, social development
By:Xinhua
update:February 24,2020
 
IMPACT MANAGEABLE
 
The impact of the epidemic on China's economic and social development is temporary and generally manageable, Xi noted.
 
He said the COVID-19 epidemic will inevitably deal a relatively big blow to China's economic and social development. However, at such a time it is even more important to view China's development in a comprehensive, dialectical and long-term perspective, and to strengthen and firm up confidence.
 
In general, the fundamentals of China's long-term sound economic growth remain unchanged, Xi added.
 
ORDERLY RESUMPTION OF WORK, PRODUCTION
 
Stressing orderly resumption of work and production, Xi made specific requirements to that end.
 
Each region should adopt a precise approach when advancing resumption of work and production based on local health risks, Xi said.
 
Regions with relatively low risks should reorient their disease prevention and control strategies as soon as possible to focus on forestalling imported cases and comprehensively restoring the order of production and life, Xi said.
 
Medium-risk regions should promote work and production resumption in an orderly manner based on local epidemic-control situations, while high-risk regions should continue to be fully committed to doing a good job in epidemic prevention and control, he said.
 
Xi stressed strengthening the regulation role of macro-economic policies, calling for more positivity in the country's proactive fiscal policy and the roll-out of more targeted interim policies in cutting taxes and fees to help micro, small and medium-sized firms tide over difficulties.
 
Besides, the prudent monetary policy should feature more flexibility and moderation, Xi said, calling for making good use of existing financial support policies and introducing new policies and measures in due course.
 
China will step up efforts to keep employment stable, with all-round measures to cut corporate burdens, keep the payroll stable, and create more jobs, Xi said, adding that in addressing the outstanding problems of serious scarcity of workers in some enterprises, high pressure in keeping the payroll stable, and difficulty of key groups to obtain employment, efforts should be given to support flexible employment through multiple channels and facilitate employment of college graduates.
 
The country should resolutely accomplish the task of alleviating poverty despite the impact of the epidemic, Xi said, urging efforts to help poor workers return to their posts in an orderly manner, support leading poverty alleviation enterprises and workshops to resume work as soon as possible, and improve mechanisms to prevent people from returning to poverty.
 
Xi underscored efforts to push for the resumption of work and production with precise epidemic prevention and control strategies, while smoothing travels and logistics channels and lifting cargo transport bans to push all links in the industrial chains to resume work and production in a coordinated way.
 
The country should actively expand effective domestic demand, fast-track the progress of projects under construction and new ones, as well as enhance guarantees for labor, land, funds and other production factors.
 
In the meantime, China will ensure the timely agriculture work in spring, Xi said.
 
In doing so, he urged efforts to address the protruding issues in spring farming preparation and ensure well-organized production, transportation and supply of farming materials.
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