The epidemic will reduce the output value of the manufacturing industry, but the overall advantage of the manufacturing industry is still
China's manufacturing industry will definitely decline sharply in the first quarter, but now it is gradually resuming production. Once the epidemic is under control, it will make up for the loss in the first quarter, showing an extraordinary growth. The annual growth will slightly decline compared with last year, but there will be no significant decline.
The new policies introduced in succession will support and help enterprises to tide over difficulties with greater strength
The Central Committee of the CPC Central Committee with Comrade Xi Jinping attached great importance to and adopted strong measures to guide the Chinese people to win the current unique battle. Governments at all levels have introduced various policies and measures to restore economic growth and support enterprises. Central ministries and local governments have taken various measures to speed up the resumption of production and ensure the normal life of the people on the premise of overcoming the epidemic.
For example, recently, Suzhou, Beijing and other places have introduced policies and measures to support small and medium-sized enterprises to tide over difficulties, which are specific and operable measures to support small and medium-sized enterprises, including financial support, maintaining the stability of the workforce, reducing the burden on enterprises, etc.
It is expected that this year the government will continue to increase a series of measures, such as tax reduction and fee reduction, and targeted interest rate reduction, to help enterprises through difficulties in all aspects.
To sum up, we should be fully prepared for the loss of China's economic growth, not too optimistic, but not too pessimistic.
China has shifted from the stage of high-speed growth to the stage of high-quality development, which mainly depends on the quality of development rather than growth. At present, we can't take the economic growth rate as important. First of all, we must guarantee the life safety and health of the people. There is no need to panic in the economic downturn. If the panic of the epidemic, coupled with the panic of the economic downturn, will become a widespread panic state in the society, it is difficult to inspire confidence and morale even in the past.
Now, private enterprises are not only half of the country. They account for 50%, 60%, 70%, 80% and 90% of China's total tax revenue, GDP, innovation, employment and enterprises, which is the reality of China's economic development.
To stabilize private enterprises and small and medium-sized enterprises, in fact, will stabilize the overall situation of China's economic development and employment growth. Therefore, we should do everything possible to help private enterprises and small and medium-sized enterprises to overcome difficulties.
We will increase financial support and credit support to reduce financing costs. For example, we will consider interest free loans for enterprises to resume production, especially to enable enterprises to stabilize their ranks and military hearts, gradually resume production, and make full use of the power after the epidemic. If enterprises are unable to pay workers, they should be allowed to borrow and pay wages.
Of course, we should also support the development of the state-owned economy and state-owned enterprises, and play an important role in the special period.
