国内英语资讯:New funds should directly benefit businesses, people: Chinese premier
<p><span word="QINGDAO">QINGDAO</span>, <span word="June">June</span> 1-- <span word="Chinese">Chinese</span> <span word="Premier">Premier</span> <span word="Li">Li</span> <span word="Keqiang">Keqiang</span> <span word="on">on</span> <span word="Monday">Monday</span> <span word="urged">urged</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="establish">establish</span> <span word="strict">strict</span> <span word="regulatory">regulatory</span> <span word="mechanisms">mechanisms</span> <span word="to">to</span> <span word="ensure">ensure</span> <span word="new">new</span> <span word="fiscal">fiscal</span> <span word="funds">funds</span> <span word="go">go</span> <span word="straight">straight</span> <span word="to">to</span> <span word="city">city</span> <span word="and">and</span> <span word="county">county</span> <span word="governments">governments</span> <span word="and">and</span> <span word="directly">directly</span> <span word="benefit">benefit</span> <span word="businesses">businesses</span> <span word="and">and</span> <span word="people">people</span>.</p><p><span word="China">China</span> <span word="will">will</span> <span word="increase">increase</span> <span word="its">its</span> <span word="deficit">deficit</span> <span word="by">by</span> 1 <span word="trillion">trillion</span> <span word="yuan">yuan</span> (<span word="about">about</span> 140.2 <span word="billion">billion</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>) <span word="this">this</span> <span word="year">year</span>. <span word="It">It</span> <span word="will">will</span> <span word="also">also</span> <span word="issue">issue</span> 1 <span word="trillion">trillion</span> <span word="yuan">yuan</span> <span word="in">in</span> <span word="government">government</span> <span word="bonds">bonds</span> <span word="for">for</span> <span word="COVID">COVID</span>-19 <span word="control">control</span>, <span word="as">as</span> <span word="part">part</span> <span word="of">of</span> <span word="the">the</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="provide">provide</span> <span word="relief">relief</span> <span word="to">to</span> <span word="businesses">businesses</span> <span word="and">and</span> <span word="unleash">unleash</span> <span word="market">market</span> <span word="vitality">vitality</span>, <span word="Li">Li</span> <span word="said">said</span> <span word="in">in</span> <span word="a">a</span> <span word="video">video</span> <span word="conference">conference</span> <span word="in">in</span> <span word="the">the</span> <span word="northern">northern</span> <span word="port">port</span> <span word="city">city</span> <span word="of">of</span> <span word="Qingdao">Qingdao</span>.</p><p><span word="Noting">Noting</span> <span word="that">that</span> <span word="the">the</span> <span word="funds">funds</span> <span word="should">should</span> <span word="be">be</span> <span word="primarily">primarily</span> <span word="used">used</span> <span word="to">to</span> <span word="ensure">ensure</span> <span word="employment">employment</span>, <span word="meet">meet</span> <span word="basic">basic</span> <span word="living">living</span> <span word="needs">needs</span> <span word="and">and</span> <span word="protect">protect</span> <span word="market">market</span> <span word="entities">entities</span>, <span word="Li">Li</span> <span word="stressed">stressed</span> <span word="that">that</span> <span word="a">a</span> <span word="special">special</span> <span word="transfer">transfer</span> <span word="payment">payment</span> <span word="mechanism">mechanism</span> <span word="should">should</span> <span word="be">be</span> <span word="set">set</span> <span word="up">up</span> <span word="to">to</span> <span word="ensure">ensure</span> <span word="that">that</span> <span word="funds">funds</span> <span word="go">go</span> <span word="straight">straight</span> <span word="to">to</span> <span word="primary">primary</span>-<span word="level">level</span> <span word="governments">governments</span>. <span word="The">The</span> <span word="funds">funds</span> <span word="must">must</span> <span word="directly">directly</span> <span word="benefit">benefit</span> <span word="businesses">businesses</span> <span word="and">and</span> <span word="people">people</span> <span word="and">and</span> <span word="mechanisms">mechanisms</span> <span word="must">must</span> <span word="be">be</span> <span word="put">put</span> <span word="in">in</span> <span word="place">place</span> <span word="to">to</span> <span word="ensure">ensure</span> <span word="that">that</span> <span word="these">these</span> <span word="funds">funds</span> <span word="are">are</span> <span word="not">not</span> <span word="withheld">withheld</span> <span word="by">by</span> <span word="provincial">provincial</span> <span word="governments">governments</span>.</p><p><span word="Fiscal">Fiscal</span> <span word="authorities">authorities</span> <span word="should">should</span> <span word="set">set</span> <span word="up">up</span> <span word="a">a</span> <span word="ledger">ledger</span> <span word="for">for</span> <span word="the">the</span> <span word="use">use</span> <span word="of">of</span> <span word="government">government</span> <span word="bonds">bonds</span> <span word="for">for</span> <span word="COVID">COVID</span>-19 <span word="controls">controls</span> <span word="and">and</span> <span word="ensure">ensure</span> <span word="the">the</span> <span word="flow">flow</span> <span word="of">of</span> <span word="the">the</span> <span word="funds">funds</span> <span word="is">is</span> <span word="transparent">transparent</span>, <span word="the">the</span> <span word="premier">premier</span> <span word="said">said</span>.</p><p><span word="He">He</span> <span word="also">also</span> <span word="urged">urged</span> <span word="treasuries">treasuries</span> <span word="at">at</span> <span word="all">all</span> <span word="levels">levels</span> <span word="to">to</span> <span word="allocate">allocate</span> <span word="funds">funds</span> <span word="point">point</span>-<span word="to">to</span>-<span word="point">point</span> <span word="and">and</span> <span word="asked">asked</span> <span word="audit">audit</span> <span word="authorities">authorities</span> <span word="to">to</span> <span word="strengthen">strengthen</span> <span word="auditing">auditing</span>.</p><p><span word="Li">Li</span> <span word="called">called</span> <span word="for">for</span> <span word="the">the</span> <span word="strict">strict</span> <span word="enforcement">enforcement</span> <span word="of">of</span> <span word="fiscal">fiscal</span> <span word="discipline">discipline</span> <span word="and">and</span> <span word="the">the</span> <span word="severe">severe</span> <span word="crackdown">crackdown</span> <span word="on">on</span> <span word="fraud">fraud</span> <span word="and">and</span> <span word="fund">fund</span> <span word="embezzlement">embezzlement</span>.</p><p><span word="The">The</span> <span word="premier">premier</span> <span word="said">said</span> <span word="governments">governments</span> <span word="at">at</span> <span word="all">all</span> <span word="levels">levels</span> <span word="should">should</span> <span word="fully">fully</span> <span word="implement">implement</span> <span word="tax">tax</span> <span word="and">and</span> <span word="fee">fee</span> <span word="reduction">reduction</span> <span word="policies">policies</span>, <span word="and">and</span> <span word="should">should</span> <span word="not">not</span> <span word="impose">impose</span> <span word="arbitrary">arbitrary</span> <span word="charges">charges</span> <span word="on">on</span> <span word="businesses">businesses</span> <span word="and">and</span> <span word="add">add</span> <span word="financial">financial</span> <span word="burdens">burdens</span> <span word="on">on</span> <span word="them">them</span>.</p>
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