China vows to strengthen macro-control to keep sound economic fundamentals

Workers work at a workshop of a new material company in Qingshan District of Baotou, north China's Inner Mongolia Autonomous Region, April 16, 2020. All the industrial enterprises above designated size in Qingshan District have resumed production. (Xinhua/Peng Yuan)

BEIJING, May 13 (Xinhua) -- China will step up its macro-regulation to keep the economic fundamentals steady, according to a State Council executive meeting on Wednesday.

The country will use a combination of fiscal, monetary, social insurance and pro-employment policies to ensure the six priorities and the stability in six areas, according to the meeting chaired by Premier Li Keqiang.

A customer buys lunch at a shopping mall in east China's Shanghai, April 16, 2020.(Xinhua/Chen Fei)

The meeting called for solid efforts to ensure the six priorities, namely, employment, people's livelihood, the development of market entities, food and energy security, stable operation of the industrial and supply chains, as well as smooth functioning at the community level.

With the six priorities being addressed, the country can better ensure stability in the six key areas, namely, stability in employment, finance, foreign trade, foreign investment, domestic investment, and market expectations, the meeting said.

The meeting also called for enhanced reform and opening-up efforts and incentives to encourage innovation at the primary levels so that more economic vitality can be unleashed. ■