Xinhua
26 May 2022, 17:18 GMT+10
BEIJING, May 26 (Xinhua) -- Chinese Premier Li Keqiang on Wednesday underlined the need to earnestly implement policies to stabilize the economy and support market entities, employment and people's livelihoods.
Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks at a national teleconference held by the State Council, urging efforts to keep the economy running within an appropriate range.
Li said that various effective measures have been implemented in response to difficulties and challenges arising from unexpected factors this year.
However, he said that the difficulties in March, and since April in particular, are in some respects and to a certain extent greater than those experienced in 2020 when the COVID-19 epidemic hit the country, marked by downward indicators for employment, industrial production, power consumption and cargo transportation, among others.
He stressed that development is the key to solving all problems in China, and urged swift actions from now on to bring the economy back on track.
Measures should be taken to fully implement China's new development philosophy, coordinate epidemic control with economic and social development in a highly efficient way, and place stabilizing growth in a more prominent position.
More work should be done to support market entities in order to sustain employment and people's livelihoods, ensure reasonable economic growth in the second quarter, and reduce the unemployment rate as soon as possible, Li said.
Emphasizing the 33 measures to stabilize the economy proposed at a recent State Council executive meeting, he issued an order to government departments to introduce practical implementation measures by the end of May.
He also urged local authorities to introduce policies in light of local conditions to help market entities tide over difficulties and stabilize and increase job posts.
Local governments should treat all kinds of market entities equally, continue to smoothen logistics and industrial chains to promote work and production resumption, and ensure the timely distribution of unemployment insurance and social assistance funds to people in need.
The State Council will send task forces to 12 provinces from Thursday to oversee local work in implementing state policies, according to the premier.
Get a daily dose of Zimbabwe Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Zimbabwe Star.
More InformationMOSCOW, Russia: The UK newspaper, the Telegraph, has been blocked in Russia, following a request from the Russian prosecutor-general.The TASS ...
LAHORE, Pakistan - An Airbus 320 carrying 171 passengers narrowly avoided an accident at Allama Iqbal International Airport, Pakistan's second-largest ...
WASHINGTON, DC - U.S. President Joe Biden on Friday vowed to "do all in my power" to protect a woman's ...
YANGON, Myanmar - According to military-run media, a junta delegation discussed nuclear technology collaboration with a Russian state-owned atomic energy ...
DHAKA, Bangladesh - The United States Agency for International Development (USAID) is providing more than Tk2.3 crore in emergency funding ...
PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...
New Delhi [India], June 25 (ANI): Ahead of the G7 Summit where he will be meeting with German Chancellor Olaf ...
Mogadishu [Somalia], June 25 (ANI/Xinhua): Somali Parliament on Saturday unanimously approved the appointment of Hamza Abdi Barre as the country's ...
New Delhi [India], June 25 (ANI): ATK Mohun Bagan have further added to their list of acquisitions and maintained its ...
© Provided by Xinhua In America, the wealthy, powerful, and influential NRA spends millions of dollars annually supporting Republican candidates ...
ABU DHABI, 25th June, 2022 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory ...
London [UK], June 25 (ANI): Nottingham Forest on Saturday confirmed the signing of Nigerian international forward Taiwo Awoniyi for a ...