Xinhua
30 Jul 2021, 21:48 GMT+10
BEIJING, July 30 (Xinhua) -- The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Friday to study and analyze current economic circumstances and make plans for related work for the second half of 2021.
The meeting was chaired by Xi Jinping, general secretary of the CPC Central Committee.
Since the beginning of this year, China has coordinated COVID-19 prevention and control with economic and social development, effectively implemented macro policies, and ensured sustained recovery and improvement in its economy, said the meeting.
The country has also actively advanced scientific and technological self-reliance, enhanced reform and opening-up, effectively guaranteed people's livelihood, achieved new results in high-quality development, and maintained overall social stability.
The meeting noted that the global COVID-19 situation is still evolving and Chinese economy faces an increasingly complex and grave external environment.
The domestic economic recovery is still unfirm and unbalanced, according to the meeting.
To ensure sound economic work for the second half of 2021, the meeting stressed upholding the underlying principle of pursuing progress while ensuring stability, and the full, accurate and comprehensive implementation of the new development philosophy.
The meeting urged more efforts to deepen the supply-side structural reform, accelerate the building of a new development paradigm, and advance China's high-quality development.
It also stressed maintaining consistent, stable and sustainable macro policies, sound coordination to mesh this year's policies with those for 2022, and keeping the Chinese economy running within an appropriate range.
The proactive fiscal policy should generate greater effect, while the prudent monetary policy should maintain reasonably ample liquidity and support the continued recovery of small and medium-sized enterprises as well as stressed industries.
The meeting stressed keeping the renminbi's exchange rate basically stable at a reasonable and balanced level. It also urged efforts to ensure supply and stable pricing of commodities.
Get a daily dose of Travel Trade news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Travel Trade.
More InformationWASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...
New Delhi [India], July 12 (ANI): India's Aircraft Accident Investigation Bureau (AAIB) released the preliminary report into the tragic...
New Delhi [India], July 11 (ANI): Union Home Minister Amit Shah on Friday chaired a high-level meeting on the rejuvenation of the Yamuna...