National Standing Session: Deploy policies and measures to continuously expand effective demand and enhance the driving force for economic recovery and development

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 Titanium Media App reported on July 22 that Li Keqiang presided over an executive meeting of the State Council to deploy policies and measures to continuously expand effective demand and enhance the driving force for economic recovery and development. The meeting pointed out that my country's economy is in a critical window for stabilization and recovery, and the third quarter is crucial. It is necessary to implement the deployment of the Party Central Committee and the State Council, efficiently coordinate epidemic prevention and control and economic and social development, promote the further effectiveness of the package of policies to stabilize the economy, make great efforts to consolidate the foundation for economic recovery, focus on stabilizing the macroeconomic market, keep the economy operating within a reasonable range, and give priority to ensuring stability. The goal of stabilizing employment and prices was achieved. There is still considerable room for the release of policy effectiveness, such as policy-based development financial instruments, and can leverage a large amount of social capital. It must be used in a market-oriented way, and effective investment should be used to make up for shortcomings, adjust the structure, stabilize employment, and increase the overall effect of consumption and economic growth. It plays a key role in economic recovery and development. The first is to establish a coordination mechanism for promoting effective investment in important projects. Relevant state departments work together and review and approve in parallel, and operate continuously and efficiently. The selected projects should comply with the "14th Five-Year Plan" and other plans, have economic benefits, and be able to start construction as soon as possible. The second is to invest funds for policy development financial instruments in compliance with laws and regulations, and do not engage in local slicing. The more mature projects are, the greater the support will be. The third is to speed up the progress of projects in accordance with quality requirements, create conditions to ensure that construction sites are not shut down and related industrial chains and supply chains are uninterrupted, and more physical workloads will be formed in the third quarter. In a timely manner, a joint working group of departments will be organized to go to local areas to supervise and promote service projects. Strengthen management and audit to ensure the quality of the project, leave no sequelae, and put an end to corruption and rent-seeking. (Source: CCTV News)

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