The meeting pointed out that due to the unexpected impact of the new round of epidemic situation and changes in the international situation, the downward pressure on the economy further increased in April. It is necessary to implement the arrangements of the CPC Central Committee and the State Council, strengthen confidence, face up to difficulties, focus on stabilizing the economic market, make overall plans for all work, and take practical actions to meet the victory of the 12th National Congress of the Communist Party of China.
In addition, the meeting pointed out that fiscal and monetary policies should be employment-oriented, and tax refund and tax reduction, deferred payment of social security fees, and reduction of financing costs should all focus on stabilizing market players and employment, so as to protect basic people's livelihood, stabilize growth, and promote consumption. It is necessary to further use a variety of policy tools to mobilize local enthusiasm, compact responsibilities, and effectively stabilize jobs and employment.
At the same time, the meeting made it clear that it is necessary to deploy and further revitalize existing assets, revitalize existing assets such as infrastructure by issuing real estate investment trusts and other means in accordance with the principles of marketization and rule of law, broaden social investment channels, expand effective investment, and reduce government debt risks. Guide local governments to demonstrate attractive projects and treat all kinds of market players equally.
In addition, the meeting pointed out that for enterprises in current difficulties, housing provident fund policy support can be given, and applications can be suspended before the end of the year, which is expected to reduce the burden on enterprises by more than 90 billion yuan. If the employee fails to repay the provident fund loan normally, it is not overdue.
The meeting pointed out that efforts should be made to study measures to expand the scope and duration of the policy of deferred payment of endowment insurance, and guide local governments to subsidize the water and electricity costs of small and medium-sized enterprises and individual industrial and commercial households.
In addition, the meeting pointed out that the number of college graduates reached a record high this year. In order to help graduates from economically disadvantaged families reduce their employment burden, it is decided to waive the interest on national student loans that graduates should repay this year and in previous years, and the interest-free funds will be borne by the finance; 1 year can repay the principal. This policy has benefited more than 4 million college graduates.