Li Keqiang presided over the continuation policy and measures of the State Council's executive meeting to deploy a policy of stabilizing the economy.

Source: Xinhua News Agency

Li Keqiang presided over the executive meeting of the State Council

Continuing policy measures to deploy a policy of stabilizing the economy, strengthen the foundation of economic recovery development

Decide to increase the amount of policy development financial instruments and make good use of the special debt deposit limit in accordance with the law to issue agricultural capital subsidies and support the issuance of debt financing for power generation enterprises

Determine a group of administrative fees and the measures that support the development of private enterprises to protect the market subject to maintain employment.

It was decided to send a stable economic market supervision and service working group to promote the implementation of the policy group to accelerate the implementation

Deploy further to do a good job in drought resistance and disaster relief work to strengthen financial support support

The Premier Li Keqiang of the State Council hosted a executive meeting of the State Council on August 24 to deploy a policy measure of a policy of stabilizing the economy, consolidating the foundation of economic recovery development; decided to increase the amount of policy development financial instruments and use the special debt deposit limit in accordance with the law. Increase agricultural capital subsidies and support the issuance of debt financing of power generation enterprises; determine measures to slowly pay a group of administrative fees and support the development of private enterprises to ensure the employment of the market entities; decide to dispatch the overall market supervision and service group to the local area to promote Accelerate the implementation of policies; deploy further drought resistance and relief work, and strengthen financial support support.

The meeting pointed out that the current economy continues to resume development in June, but it has fluctuated slightly and the recovery foundation is not firm. It is necessary to implement the deployment of the Party Central Committee and the State Council, comprehensively implement the new development concept, efficiently coordinate the prevention and control of the epidemic and economic and social development, and adhere to the development of all problems in our country. To make good use of toolboxes in the toolbox, strengthen the foundation of economic restoration development without making large water irrigation and an overdraft future. While implementing a policy of stabilizing the economy, we will implement 19 continuation policies to form a combined effect, promote economic stability, maintain operation in a reasonable range, and strive to strive for the best results. It mainly includes: First, the 300 billion yuan policy development financial instruments have fallen on the basis of the project, and the amount of more than 300 billion yuan has been increased; more than 500 billion yuan in special debt deposit limit is used in accordance with the law, and the issuance of it by the end of October is completed. This can not only increase effective investment and consumption, but also help to respond to insufficient loan demand. Continue to release the reform of the loan market quotation interest rate reform and conduction effect, and reduce the cost of corporate financing and personal consumer credit. The second is to approve a batch of mature infrastructure and other projects. The project must be effective and ensure the quality, and prevent the misappropriation of funds. Introduce measures to support the development and investment of private enterprises, and promote the healthy and sustainable development of the platform. Allows local "one city, one policy" to flexibly use credit policies such as credit to reasonably support rigid and improved housing needs. Provide convenience for business personnel to enter and exit. Third, a group of administrative fees are paid slowly for a quarter, and local and micro enterprises and individual industrial and commercial household loan risk compensation funds are encouraged. The fourth is to support the issuance of 200 billion yuan in energy insurance for special bonds, such as central power generation enterprises. This year, it has issued 30 billion yuan of agricultural capital subsidies to issue another 10 billion yuan. Fifth, continue to grasp the logistics and keep it well. Sixth, the central government is promoted and the local government is responsible for implementation. All departments should immediately introduce policy rules, and localities must introduce supporting policies. The State Council immediately dispatched a working group to stabilize the economic market. The main responsible comrades of the State Council to lead the team to work in a joint office of a number of economic provinces to improve the efficiency of approval with the reform of the "decentralization of service", compact local responsibilities, and speed up Policies and measures are implemented. The State Council's inspections include local stable economic work into the scope of inspection and service.

The meeting pointed out that since July, high temperatures and rain in the Sichuan Basin, middle and lower reaches of the Yangtze River, drought, and drought have affected the production of the people. It is necessary to compact responsibilities and further do a good job in drought resistance and disaster and mitigation. First, scientifically dispatch water resources in rivers and water conservancy projects, manually increase rainfall, increase machine wells, and increase drought -resistant water sources. The second is to prioritize the drinking water priority, and pull water to send water if necessary. The third is to make every effort to ensure agricultural irrigation water and guide farmers to resist drought and protect autumn. The fourth is to take 10 billion yuan in drought relief and relief from the central preparation fee, focusing on supporting the current Chinese rice drought resistance. The fifth is to quickly study the measures to promote the harvest of the late rice, and the central government has continued to support it. Local investment must also be increased. At the same time, continue to make a good job of flood prevention.

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