China is confident that all countries need to strengthen coordination in order to maintain steady economic operation

category:Finance
 China is confident that all countries need to strengthen coordination in order to maintain steady economic operation


Liu Kun, Minister of finance, said at the meeting that the epidemic is a common challenge for all mankind. G20 countries should act in a timely manner in the spirit of unity, cooperation and respect for science, so as to coordinate the prevention and control of the epidemic and economic and financial stability. All parties should strengthen macroeconomic policy coordination, rapidly implement appropriate and targeted fiscal and monetary policy mix, stabilize global supply chain, oppose all forms of protectionism, promote trade liberalization and investment facilitation, and support the world bank to strengthen coordination and put forward joint action initiatives. Since the outbreak of the epidemic, the Chinese government has adopted the strictest and most thorough policy measures, coordinated all policy means and resources, and quickly and effectively controlled the epidemic. At the same time, China has made great contributions to global epidemic prevention and control by sharing information and providing assistance to the international community for the first time. On the premise of epidemic prevention and control, the Chinese government adopts a series of financial and monetary policies to support the resumption of production and promote economic growth. Overall, the impact of the epidemic on Chinas economy is phased and controllable. Chinas economic potential is sufficient, strong and space is large, and the long-term trend toward good will not change. Chinas active fiscal policy will be more active and promising, vigorously improve quality and efficiency, and support the expansion of domestic demand. China is confident to maintain a stable and healthy economic operation, and is willing to strengthen cooperation between all parties to jointly maintain global economic and financial stability. Yi Gang, governor of the peoples Bank of China, also said that under the current situation, G20 countries need to strengthen coordination and adopt a combination of macroeconomic policies simultaneously to effectively respond to the impact of the epidemic. China supports the G20 as the main platform for international macroeconomic policy coordination to continue to strengthen coordination, and supports the International Monetary Fund to play the central role of the global financial safety net and maintain the stability of the global economy and financial market. Source: responsible editor of Securities Times: Yang bin_nf4368

Liu Kun, Minister of finance, said at the meeting that the epidemic is a common challenge for all mankind. G20 countries should act in a timely manner in the spirit of unity, cooperation and respect for science, so as to coordinate the prevention and control of the epidemic and economic and financial stability. All parties should strengthen macroeconomic policy coordination, rapidly implement appropriate and targeted fiscal and monetary policy mix, stabilize global supply chain, oppose all forms of protectionism, promote trade liberalization and investment facilitation, and support the world bank to strengthen coordination and put forward joint action initiatives. Since the outbreak of the epidemic, the Chinese government has adopted the strictest and most thorough policy measures, coordinated all policy means and resources, and quickly and effectively controlled the epidemic. At the same time, China has made great contributions to global epidemic prevention and control by sharing information and providing assistance to the international community for the first time. On the premise of epidemic prevention and control, the Chinese government adopts a series of financial and monetary policies to support the resumption of production and promote economic growth. Overall, the impact of the epidemic on Chinas economy is phased and controllable. Chinas economic potential is sufficient, strong and space is large, and the long-term trend toward good will not change. Chinas active fiscal policy will be more active and promising, vigorously improve quality and efficiency, and support the expansion of domestic demand. China is confident to maintain a stable and healthy economic operation, and is willing to strengthen cooperation between all parties to jointly maintain global economic and financial stability.

Yi Gang, governor of the peoples Bank of China, also said that under the current situation, G20 countries need to strengthen coordination and adopt a combination of macroeconomic policies simultaneously to effectively respond to the impact of the epidemic. China supports the G20 as the main platform for international macroeconomic policy coordination to continue to strengthen coordination, and supports the International Monetary Fund to play the central role of the global financial safety net and maintain the stability of the global economy and financial market.