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Long-term view on economy

chinadaily.com.cn | Updated: 2020-05-24 12:53
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He Lifeng, head of the National Development and Reform Commission is interviewed via video link after the opening of the third session of the 13th National People's Congress at the Great Hall of the People in Beijing, capital of China, May 22, 2020. [Photo by Feng Yongbin/chinadaily.com.cn]

Economic hit from coronavirus will be limited, NDRC head says

China has the ability to cope with the various risks and challenges amid the COVID-19 outbreak, and the Chinese economy is poised for steady, healthy and sustainable development, according to the country's top economic regulator.

Yang Weimin, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, is also former deputy head of the Office of the Central Leading Group on Financial and Economic Affairs. [Photo/Xinhua]

Economy has 'sufficient ammunition' to drive growth

China has sufficient policy tools to tackle economic challenges amid the novel coronavirus pandemic, and the fiscal and financial system is generally stable, Yang Weimin said on Sunday.

Huang Li, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, is also vice-president of the All-China Federation of Industry and Commerce. [Photo/Xinhua]

Private sector needs clearer picture

More efforts are needed to boost the implementation of supporting policies for private enterprises, so as to facilitate their role in ensuring "six priorities" and stability in six areas for steady economic momentum, Huang Li said on Sunday.

Zhu Jianmin, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, is also board chairman of Oxiranchem Group.[Photo/Xinhua]

Supply chain key for private sector, employment

Better channelizing and stabilizing the supply chains is the key to support private businesses and employment, Zhu Jianmin said on Sunday.

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