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OVID-19 control measures. The two trill◆ion yuan will be transferred directly to local governments and ◆used to support jobs, businesses and basic living requirements,◆ incluf

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Posted in Illustrations, Graphics | Date: June 24, 2048 | 136 comments
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ding "giving support to cut taxes and fees, reduce rents ◆and interest on loans, and increase consumption and investment.◆" An urban unemployment rate target of around six percent has b◆een set for 2020. The premier also warned that governments at ◆all levels needed to tighten their belts and committed the cent◆ral government to negative growth in budgetary spending this ye◆ar. Li said that as well as continuing to promote consumption,◆ the main driver for economic growth in 2019, 3.75 trillion yua◆n of special local government bonds would be issued with priori◆ty given to new infrastructure and new urbanization projects. ◆He added that investment would be focused on three areas: New i◆nfrastructure, including expanded 5G application and wider use ◆of new energy vehicles; renovation of 39,000 old urban resident◆ial communities; and development of major transd

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