国内英语资讯:CPC meeting stresses economic stability in H2, Party discipline_时事

国内英语资讯:CPC meeting stresses economic stability in H2, Party discipline

Efforts should be made to keep employment, the financial sector, foreign trade, foreign and domestic investments, and expectations stable.

The legitimate rights of foreign-funded companies in China will be protected, according to the statement.

The country should take strengthening areas of weakness as an important task in deepening supply-side structural reform, with intensified efforts to be made in improving infrastructure.

Work should also be done to improve innovation capability, develop new engines of growth, eliminate institutional barriers for cutting excessive capacity, and lower the cost for companies.

The strategy of rural revitalization should be well implemented.

"China must better combine the task of forestalling and defusing financial risks with serving the real economy," the statement said.

To that end, the country should stand firm on reducing the leverage ratio, ensure the proper policy intensity and tempo, and coordinate the timing of unveiling new policies.

"Through innovation of mechanisms, China must raise the capacity and willingness of financial institutions to serve the real economy," the statement said.

The meeting called for pressing ahead with reform and opening-up and continuing to roll out major effective reform measures. Major policies of expanding opening-up and significantly relaxing market access should be implemented, and the joint construction of the Belt and Road should be advanced in depth. Efforts should be made to make China's first import expo, China International Import Expo, successful.