日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Li calls for fostering new engines of growth

By XU WEI | China Daily | Updated: 2019-07-17 03:42
Share
Share - WeChat
[Photo/IC]

Premier Li Keqiang has underlined the importance of fostering new growth engines and expanding effective investment to stabilize economic growth and the job market.

The country will continue with a proactive fiscal policy and a prudent monetary policy, Li said as he presided over a symposium on the economy on Monday.

Li called for efforts to create favorable conditions for more successful, private unicorn startups, high-growth gazelle companies and new champions and to accelerate the transition between old and new growth engines. Unicorns are privately held startups valued at over $1 billion; gazelles are fast-growing, often small and high-tech businesses.

More work must be done to speed up building major programs, eliminate hidden barriers to private investment and promote the upgrading of industries, he said.

China's GDP rose 6.2 percent in the second quarter from a year earlier, below the 6.4 percent expansion in the first quarter, the National Bureau of Statistics said on Monday. The bureau said the economy grew by 6.3 percent in the first half of the year, and over 7.3 million new jobs were created in urban areas.

Li said some economic indicators in the first quarter were better than expected, and the economic performance did not come easy.

The country is faced with sluggish global economic growth, weakening world trade and rising protectionism, which, coupled with domestic factors, has brought mounting downward pressure, he said.

He called for continuous efforts in promoting reform and opening-up, better use of countercyclical policies and stabilizing the expectations of businesses.

It is important to improve the transmission mechanism of monetary policy and reduce the financing costs of small and medium-sized enterprises and microbusinesses, he said.

The quality of consumer goods must be further improved, and the supply of high-quality services in elderly care, day care for infants, education and health should be increased, and Internet Plus life services must be expanded, he said. Internet Plus refers to policies to promote advanced digitalization.

He underscored the significance of adopting measures to stabilize and expand employment.

Li also reaffirmed China's commitment to develop a business environment that is in line with market principles, international standards and the rule of law, adding that the country will expand opening-up more proactively.

Liu Yuanchun, an economics professor and vice-president of Renmin University of China, said the first half's growth rate showed the economy's resilience.

He said industrial output of the private sector grew by 8.3 percent year-on-year in June, showing that the private sector was more resilient than expected.

"It also provided evidence that the confidence of entrepreneurs has grown," Liu said.

China's industrial output rose by 6.3 percent year-on-year in June, beating general market expectations, compared with 5 percent in the previous month, the NBS said.

However, Liu warned that downward pressure in the second half could be even higher with lackluster private investment and weak global demand.

Liu pointed out that private investment in the manufacturing sector, which only grew by 2.7 percent in the first half, provided signs of weak confidence in furthering investment.

Jiang Chao, an economist with Haitong Securities, said consumption has helped stabilize economic performance in the first half as retail sales rose by 8.4 percent year-on-year, compared with 8.3 percent in the first quarter.

To stabilize growth in the second half, there is still much room for the government to adopt measures to boost the nighttime economy, said Li Xunlei, chief economist with Zhongtai Securities. The nighttime economy is after-hours economic activity.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲制服丝袜 | 欧美精品一区二区三区在线播放 | 国产午夜亚洲精品一区 | 欧美国产高清欧美 | 精品欧美在线精品 | 欧美高清成人 | 久操国产| 黄色免费视频大全 | 亚洲喷水 | 69国产成人精品午夜福中文 | 中文字幕国产一区 | 九九视频网 | 久久99中文字幕 | www.日韩在线| 不卡视频一区二区 | 精品久久久久久久久久久久 | 成人一级大片 | 国产精品福利短视在线播放频 | 亚洲一区 中文字幕 | 国产不卡视频在线 | 免费在线小视频 | 国产精品久久久久久免费 | 日本伊人色综合网站 | 免费高清欧美一区二区视频 | 日韩成人在线电影 | 中文字幕a∨在线乱码免费看 | 欧美精品国产制服第一页 | 久久综合九色综合欧美狠狠 | 成人黄色片网站 | 国产一区二区三区久久久久久久久 | 亚洲欧美日韩精品久久奇米色影视 | 欧美日韩精品一区二区三区视频 | 国产视频福利 | 一级观看免费完整版视频 | 日韩在线免费视频 | 天天草夜夜骑 | 亚洲国产精品无码观看久久 | 91精品国产一区二区三区 | 欧美电影免费观看 | 懂色中文一区二区三区在线视频 | 午夜神器18以下不能进免费观看 |