State Council Executive meeting calls for more steps to bolster economic recovery

BEIJING: At a State Council executive meeting held on Wednesday, Premier Li Keqiang heard a report on the ninth round of the State Council’s accountability inspection.
He called for greater efforts in policy implementation to bolster the recovery and growth of the economy.
The meeting noted the recent ninth round of accountability inspection by the State Council in some localities. The inspection focused on supervising and inspecting local efforts in stabilizing economic performance and meeting people’s basic needs. This was mainly conducted through unannounced visits.
The list of identified problems will be sent to related local governments, institutions and departments to ensure they are rectified and to prevent similar occurrences.
The task forces supervising and assisting efforts to stabilize overall economic performance should better align their work with the accountability inspection, and continue to coordinate the resolution of problems.
Policy measures to boost investment and consumption will be advanced on a priority basis, such as fiscal, taxation and financial support for key infrastructure projects and the upgrading of equipment.
Localities are urged to fulfill their due responsibilities in terms of stabilizing the economy and meeting people’s basic needs.
–The Daily Mail-China Daily news exchange item