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China has worked to advocate and implement the common, comprehensive, cooperative and sustainable Asian security concept, and support the establishment of a new regional security and cooperation framework, which was proposed by President Xi Jinping at the Shanghai Summit of CICA on May 21, 2014.
China is taking more steps to promote the development of private enterprises in a bid to further stimulate their vitality and creativity and spur growth despite rising global uncertainties, officials and experts said on Monday.
China has released many favorable tax policies to support small and micro businesses to ride out the epidemic and will ensure these measures can materialize, a senior official said on Saturday.
China implemented a 4 trillion yuan stimulus package in 2008 to navigate through the global financial crisis. Aftereffects of that package caused many economists and finance professionals to be overcautious against large-scale stimulus. But we must understand that whether China adopts major stimulus measures or not depends on macroeconomic challenges and cost-benefit analysis.
China has pledged to eradicate extreme poverty domestically by the end of 2020 to honor the centenary of the Communist Party of China in 2021.
来源：资阳报