Li Keqiang presided over the executive meeting of the State Council to expand effective investment and promote employment and consumption
2022-07-01
Premier Li Keqiang chaired an executive meeting of the State Council on June 29 to determine measures to support the construction of major projects with policy and developmental financial instruments, expand effective investment, and promote employment and consumption; Deploy and increase the work relief efforts of key projects, expand employment posts, and drive the income of migrant workers; It is decided to carry out pilot projects to improve the clinical research and achievement transformation capacity of high-level hospitals and promote the improvement of medical and health services. The meeting pointed out that it is necessary to implement the deployment of the Party Central Committee and the State Council, implement sound monetary policy, make good use of structural monetary policy tools, and enhance the ability of financial services to the real economy, so as to effectively help stabilize the economic market, stabilize employment and ensure people's livelihood. Increasing the financing support for major projects through policy and development financial instruments is conducive to better play a guiding role, dredge the transmission mechanism of monetary policy, promote the better matching of bank deposits and loans in terms of scale and structure, and realize the comprehensive effect of expanding effective investment, driving employment and promoting consumption under the condition of adhering to the principle of no flooding and no over issuance of money. The meeting decided to use policy oriented and development oriented financial instruments to raise 300billion yuan by issuing financial bonds to supplement the capital of major projects, including new infrastructure, but not more than 50% of the total capital, or to bridge the capital of special bond projects. Fiscal and monetary policies are linked, and the central government will give an appropriate discount of interest according to the actual amount of equity investment for a period of two years. We will guide financial institutions to increase supporting financing support, attract private capital to participate, and pay close attention to the formation of more physical workload. The meeting pointed out that the benefits of work relief are large and the driving effect is strong. It can provide large-scale jobs for the people, especially migrant workers and people out of poverty, and support them to increase their income through labor, so as to stimulate consumption, especially at the county level. It is an important measure to stabilize employment and ensure people's livelihood, and the implementation should be strengthened. First, the key projects invested by the government should be used up for work relief on the premise of ensuring quality and safety. Second, in the construction of supporting facilities for key projects, a number of investment projects in the central budget for work relief were implemented, and the proportion of labor remuneration in the central fund increased from more than 15% in the original provisions to more than 30%. Third, define the task requirements of work for relief in the early stage of the project preparation and construction, and urge the timely and full payment of labor remuneration. The meeting stressed that China has made remarkable achievements in transportation development, but the per capita density of the transportation network is still low. It is necessary to increase investment to supplement the weak points, drive the increase of employment and consumption, and enhance the supporting capacity for economic and social development. During the year, another batch of projects will be started, such as national expressway connection, unimpeded bottleneck sections of inter provincial highways, construction of inland water transport channels, and improvement of port functions. Guide financial institutions to provide long-term low interest loans. The meeting pointed out that we should rely on reform and innovation to improve the level of medical and health services and better protect the health of the people in the efficient overall planning of epidemic prevention and control and economic and social development. The meeting decided to select some high-level hospitals to carry out pilot projects to improve the ability of clinical research and achievement transformation, and adopt the same policies as supporting the innovation of colleges and universities and scientific research institutions in five aspects: implementing scientific research autonomy, salary incentives, ownership of scientific and technological achievements and income use and distribution, and procurement of scientific research instruments and equipment, especially increasing clinical and transformation research funds, simplifying scientific research and fund management approval, statements, etc. At the same time, support the construction of research platform base. We should ensure the basic needs of the masses for medical treatment, and medical institutions for patients with acute and critical diseases should not prevaricate or refuse. Protect the legitimate rights and interests of the masses, protect personal information according to law, and seriously investigate and deal with those who abuse the code according to law and regulations. High level hospitals should aim at the international advanced, improve the service level, give full play to their advantages, drive the grass-roots hospitals and improve the overall medical service capacity, and benefit more people. (Xinhua News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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