For the unprecedented impact, we must have a far-sighted plan and precise and powerful deployment.

The Politburo meeting held recently recently comprehensively analyzed the current economic situation and deployed the next stage of economic work. While emphasizing the enhancement of the “six stability” work, the meeting proposed the “six guarantees” for the first time, that is, to ensure the employment of residents, the basic people’s livelihood, the market main body, the protection of food and energy security, the stability of the supply chain of the industrial chain, and the operation of the grassroots.

From “six stability” to “six guarantees”, a series of clear and powerful signals are released.


Enhance the bottom line thinking and direct the pulse to effectively deal with the impact

Affected by the unprecedented impact of the new coronary pneumonia epidemic, the first quarter of this year The total value decreased by 6.8% year-on-year, consumption, investment, and exports declined, and employment pressure increased significantly.

Since March, although the domestic epidemic prevention and control situation has continued to improve, and the resumption of production and production has accelerated, the international epidemic has continued to spread, and the downside risks of the world economy have increased Deterministic factors have increased significantly.

The International Monetary Fund predicts that the global economy will shrink by 3% this year, a recession far exceeding the economic downturn caused by the 2008 international financial crisis.

The Politburo meeting emphasized that the challenges facing the current economic development are unprecedented. It is necessary to fully estimate the difficulties, risks and uncertainties, and effectively enhance the sense of urgency and focus on economic and social development. Various work.

“The central government reviewed the situation and further proposed the” six guarantees “on the basis of the” six stability “. It put more emphasis on holding the bottom line, keeping the basic plate, and more emphasis on enhancing the bottom line thinking. In order to deal with the impact of the epidemic and promote the steady operation of the economy, the pulse is oriented, “said Li Chengjian, associate researcher of the Macroeconomic Research Department of the Development Research Center of the State Council.

In recent years, facing the complicated internal and external economic environment, the central government timely proposed the “six stability” to increase the intensity of counter-cyclical adjustment. In the face of sudden outbreaks of the epidemic and rising external uncertainty, the central government further proposed the “six guarantees”, which are highly targeted.

“The epidemic has caused residents’ consumption to be suppressed, investment activities have slowed down, and external demand has shrunk significantly, making business management difficult