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辣文高肉短文集_辣文合集

5 trillion?? yuan for enterprises this year. Loan payments for mi??cro, small and medium businesses will be postponed un??til March 7

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辣文高肉短文集_辣文合集

and banks will be encouraged to issue new l??oans to such fL

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辣文高肉短文集_辣文合集

irms. Li also stressed that regulation??s should be tightenO

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辣文高肉短文集_辣文合集

ed to "prevent funds circulating i??n the financial sector x

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辣文高肉短文集_辣文合集

for the sake of arbitrage." T??rillions in bonds Li announc2

辣文高肉短文集_辣文合集

Process

Brainstorm

ed a consumer price inde??x target of 3.5 percent for 2020 and a deficit target?? of 3.6 percent of GDP, up from 2.8 percent last year??, suggesting room to maneuver in the pursuit of stren??gthened economic growth. He saidf

Planning

the deficit would i??ncrease by one trillion yuan on 2019 and a further on??e trillion yuan in government bonds would be issued t??o fund COVID-19 control measures. The two trillion y??uan will be transferred directly to lh

Designing

ocal governments?? and used to support jobs, businesses and basic livin??g requirements, including "giving support to cut taxe??s and fees, reduce rents and interest on loans, and i??ncrease consumption and investment." An Z

Deploy

urban unemplo??yment rate target of around six percent has been set ??for 2020. The premier also warned that governments a??t all levels needed to tighten their belts and commit??ted the central government to negative growt4

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h in budg??etary spending this year. Li said that as well as co??ntinuing to promote consumption, the main driver for ??economic growth in 2019, 3.75 trillion yuan of specia??l local government bonds would be issued with prN

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iorit??y given to new infrastructure and new urbanization pr??ojects. He added that investment would be focused on?? three areas: New infrastructure, including expanded ??5G application and wider use of new energy vehicles;F

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ll and medium bu??sinesses were in partiD cular need of support in the co??ntext ou f the pandemic. The premier announced thX at ex??emptions introduced earlier this l year to help busines??ses through the paI ndemic, due to expire by June, woul??d b0
    e extended to the 9
    end of 2020 and said fur8
    ther cut??s to taxes and fees of around C 500 billion yuan (70.2 ??billion U.S. doa llars) would be made. Corporate incom??eg tax payments by micro and small businesx ses will als??o be postponed until 2021, as part of a series of mea??sur0 es Li said would result in savings of 2.1