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Where should the economy stabilize?
Economic stability includes:

A package of policies and measures to stabilize the economy includes 33 policies in six aspects. First, fiscal policy, including further strengthening VAT refund, speeding up the progress of fiscal expenditure, speeding up the issuance and use of local government special bonds and expanding the scope of support, making good use of government financing guarantees and other policies, and increasing government procurement support for small and medium-sized enterprises.

Seven specific measures, such as expanding the implementation of the policy of delaying the payment of social insurance premiums and increasing the support for stabilizing posts, were adopted. Second, monetary and financial policies, including encouraging deferred repayment of principal and interest for loans to small and medium-sized enterprises, individual industrial and commercial households, truck drivers and personal housing and consumer loans affected by the epidemic, increasing support for small and micro loans, and continuing to push down the real loan interest rate steadily.

Five concrete measures, such as improving the efficiency of capital market financing, increasing financial institutions' support for infrastructure construction and major projects, and three policies, such as stabilizing investment and promoting consumption, include accelerating a number of proven water conservancy projects, accelerating investment in transportation infrastructure, continuing to promote the construction of urban underground common ditches according to local conditions, and stabilizing and expanding private investment.

Six specific measures, such as promoting the standardized and healthy development of platform economy and steadily increasing the bulk consumption of automobile and household appliances, and the fourth is to ensure food and energy security policies, including improving and perfecting policies such as food income security, orderly releasing high-quality coal production capacity on the premise of ensuring safe, clean and efficient utilization, and stepping up the implementation of a number of energy projects to improve the capacity and level of coal reserves.

Five specific measures, such as strengthening the reserve capacity of crude oil and other energy resources, are taken to ensure the stability of the industrial chain supply chain, including reducing the cost of water and electricity networks for market participants, promoting the phased reduction of housing rents for market participants, increasing relief support for enterprises in industries affected by the epidemic, optimizing the policies for enterprises to resume work and reach production, and improving the policies for ensuring transportation and logistics.

Seven specific measures, such as increasing the overall support of logistics hubs and logistics enterprises, accelerating major foreign investment projects and actively attracting foreign investment, and six specific measures, such as ensuring basic livelihood policies, including implementing phased support policies for housing provident fund, improving support policies for agricultural transfer population and rural labor employment and entrepreneurship, and improving social and people's livelihood security measures.

In the next step, in accordance with the decision-making arrangements of the CPC Central Committee and the State Council, we will effectively coordinate epidemic prevention and control and economic and social development, make great efforts to implement the spirit of the Central Economic Work Conference and the deployment of the government work report, and fully promote the introduction of a solid package of policies and measures to stabilize the economy as soon as possible.

Intensify macro-policy adjustment, make efforts ahead and moderately, make efforts to open up the blocking points that restrict the economic cycle, reasonably expand effective demand, ensure the safety and stability of food, energy and industrial chain supply chains, promote the resumption of work in key areas to reach production, do a good job in ensuring the supply and price stability of important people's livelihood commodities, and keep the economy running in a reasonable range.