During a meeting chaired by the country’s president and supreme leader of this organization, Xi Jinping; The Politburo of its Central Committee expressed concern about the challenges ahead to the sustainability of growth, jobs and prices.
Although it ratified compliance with the zero Covid-19 strategy, the company called for effective coordination to ensure a balance between the epidemiological fight, socio-economic progress and people’s lives.
He urged keeping the economy’s main indicators within reasonable ranges, diversifying monetary policy tools, introducing more interest rate cuts and supporting small and medium-sized businesses hit by the resurgence of the disease.
The CCP insisted on supporting investment, consumption and infrastructure construction, expanding land and energy use, and ensuring the flow of supplies to the country’s key industries.
Among other things, he referred to the need for better accessibility in the real estate sector in order to achieve scientific and technical self-sufficiency, to respond to the concerns of foreign investors and to optimize foreign trade.
The meeting of the communist force analyzed China’s economic prospects in search of strategies that would allow the country to stay on its feet while dealing with the consequences of the internal resurgence of Covid-19 and the stagnation of the global recovery due to the pandemic and the Russia-Russia conflict Ukraine.
Earlier this week, the government urged local authorities to provide more support to companies hit by the health situation and to revive consumption, a key driver of economic growth, which fell by 3.5 percent last March.
He also announced measures to guarantee the first job for millions of college graduates who are unable to find work in an increasingly competitive market with high demand and low supply due to the epidemiological problem, the restructuring of many companies, the reduction in extracurricular courses and layoffs in the giants of the internet.
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