The Executive Assembly of the Council of State declares that other people will have to benefit fully from the measures
China will push for the implementation of a set of policy measures to achieve sound economic functionality and ensure that market entities and others are well informed about such policy measures and derive full benefits from them, according to a resolution adopted by China’s Executive Council. the State Council meeting chaired by Premier Li Keqiang on Wednesday.
“Since the announcement of the policy package, all government departments have taken proactive measures,” Li said. “We want to redouble our efforts, especially to boost policy implementation. “
The assembly under pressure wants to fully review the policy package and develop measures to ensure that everyone who is eligible is fully informed and benefits from it.
The newly added amount of 140 billion yuan ($20. 99 billion) in value-added tax credit refunds is expected to be paid basically through July. a mechanism will be put in place to meet the wishes of key projects.
All eligible migrant personnel who have lost their jobs, whether or not they are covered by unemployment insurance policies, will get transitional life benefits or other assistance bureaucracy. The number one duty for the payment of such reimbursement will be clarified.
As for the postponement of capital and interest repayments of the 90 billion yuan of advertising truck loans granted through centrally controlled automakers, the corresponding companies will be encouraged to inform borrowers about the deferral procedures through online advertisements, SMS and other means.
“Support measures and detailed rules for policies are of very important importance. Detailed implementation plans will need to be submitted temporarily and easy to implement, and all other eligible individuals will need to be fully informed and gain policy advantages,” said Mr. Brown. . Li.
The assembly called for further reform of government functions. Strong action will be taken to ensure that no planned applications are required for those eligible to benefit from the policies and that more can be obtained online.
To facilitate logistics on major and secondary routes and facilitate the immediate resumption of production at full capacity, bottlenecks should be identified, applicable measures should be intensified, and targeted assistance to key corporations should be intensified.
As for investment projects, all the localities and departments involved deserve to keep records, approval procedures and provide greater aid in terms of land use and other aspects, to allow projects to be introduced as temporarily as possible.
The free and normal passage of agricultural machinery from the summer harvest must be ensured. Measures will be implemented for the directory of platform companies in the internal and external markets in accordance with legislation and regulations, and to relax restrictions on the purchase of cars.
“We want to foster a business environment conducive to economic progress through reform of government functions, resolving complicated disorders, and unleashing the energy and creativity of market players with reform-based and market-oriented measures,” Mr. Li said.
The assembly called for stricter monitoring of the implementation of the policy. Working groups sent to 12 regions at the provincial level through the State Council should formulate reports on the on-site inspection as soon as possible and the main disruptions encountered in the implementation of the policy. policy will be made public.
The main economic signs of the quarter at the moment, adding the local GDP, the urban unemployment rate studied, tax revenues after deduction of tax refunds and customer costs will be published objectively through the statistical government, in collaboration with the government of finance, human resources resources and social security, and taxes at the provincial level.