The overall situation of China's economic and social development remains stable and has strong resilience and potential for economic development.

Published: May 20, 2020 17:19

The Information Center of the third session of the 13th CPPCC National Committee is scheduled to hold a press conference on the third session of the 13th CPPCC National Committee at 15:00 on SMM5. Guo Weimin, spokesman for the conference, will brief Chinese and foreign media on the conference.

Guo Weimin said: the economic problem is indeed an issue of great concern to society. The CPPCC National Committee also attaches great importance to how to co-ordinate epidemic prevention and control and promote economic and social development. While fighting the epidemic, we have made an in-depth study of the impact of the epidemic on economic development, and held many special symposiums, and held discussions in the form of mobile performance platform to analyze the economic situation and study countermeasures. It is believed that all localities and departments have made overall efforts to promote epidemic prevention and control and economic and social development, the situation of epidemic prevention and control has continued to improve, the resumption of work and production has been steadily advanced, the recovery of basic industries related to the national economy and people's livelihood has been accelerated, and the basic livelihood of the people has been better guaranteed. In response to the epidemic, many new industries and new forms of business have developed rapidly.

But at the same time, we should also see that there has been a marked decline in macroeconomic indicators in the first quarter of this year, the downward pressure on the economy has increased, the current international epidemic continues to spread, and uncertain and unstable factors are increasing. China's economic and social development is facing new difficulties and challenges. In the face of unprecedented shocks, the CPC Central Committee and the State Council promptly issued a series of hedging policies and measures, targeted to increase counter-cyclical adjustment efforts, and effectively help small and medium-sized enterprises tide over the difficulties. Generally speaking, the overall situation of China's economic and social development remains stable, which fully shows that China's economy shows the overall advantages of super-large-scale economy in the face of a complex and grim situation, strong economic development resilience, great potential and room for manoeuvre.

Committee members from the economic, agricultural, and industrial and commercial circles focused on how to overcome the impact of the epidemic, and put forward a number of opinions and suggestions on grasping the macro policy orientation, doing a good job of "six stability," and implementing the task of "six guarantees." many specific measures have been put forward around speeding up the reform of the financial market, protecting the survival and development of small and medium-sized enterprises, and promoting the development of the digital economy, and many suggestions have been adopted by government departments.

CPPCC members believe that the more complex the situation we are facing, the more we should maintain strategic stability, face up to difficulties, and build up confidence and determination to win. In the face of the threat of the epidemic, we are United as one and work tenaciously to win the war of prevention and control of the epidemic. Today, we unite as one to overcome difficulties, and we believe that we will certainly be able to turn "dangers" into "opportunities" and achieve stable economic and social development.

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The overall situation of China's economic and social development remains stable and has strong resilience and potential for economic development. - Shanghai Metals Market (SMM)