国内英语资讯:Chinas increased fiscal funds to directly benefit businesses and the people
<p><span word="BEIJING">BEIJING</span>, <span word="Aug">Aug</span>. 17-- <span word="China">China</span> <span word="will">will</span> <span word="take">take</span> <span word="further">further</span> <span word="measures">measures</span> <span word="for">for</span> <span word="the">the</span> <span word="increased">increased</span> <span word="fiscal">fiscal</span> <span word="funds">funds</span> <span word="to">to</span> <span word="directly">directly</span> <span word="benefit">benefit</span> <span word="businesses">businesses</span> <span word="and">and</span> <span word="the">the</span> <span word="people">people</span> <span word="in">in</span> <span word="a">a</span> <span word="bid">bid</span> <span word="to">to</span> <span word="enhance">enhance</span> <span word="the">the</span> <span word="foundation">foundation</span> <span word="for">for</span> <span word="the">the</span> <span word="economic">economic</span> <span word="recovery">recovery</span> <span word="and">and</span> <span word="growth">growth</span> <span word="and">and</span> <span word="ensure">ensure</span> <span word="full">full</span> <span word="delivery">delivery</span> <span word="of">of</span> <span word="the">the</span> <span word="financial">financial</span> <span word="policy">policy</span> <span word="measures">measures</span> <span word="to">to</span> <span word="support">support</span> <span word="the">the</span> <span word="real">real</span> <span word="economy">economy</span> <span word="and">and</span> <span word="help">help</span> <span word="market">market</span> <span word="entities">entities</span> <span word="through">through</span> <span word="difficulties">difficulties</span>. <span word="A">A</span> <span word="host">host</span> <span word="of">of</span> <span word="steps">steps</span> <span word="were">were</span> <span word="adopted">adopted</span> <span word="at">at</span> <span word="the">the</span> <span word="State">State</span> <span word="Council">Council</span>'<span word="s">s</span> <span word="executive">executive</span> <span word="meeting">meeting</span> <span word="chaired">chaired</span> <span word="by">by</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>.</p><p><span word="The">The</span> <span word="special">special</span> <span word="transfer">transfer</span> <span word="payment">payment</span> <span word="mechanism">mechanism</span>, <span word="designed">designed</span> <span word="to">to</span> <span word="channel">channel</span> <span word="this">this</span> <span word="year">year</span>'<span word="s">s</span> <span word="increased">increased</span> <span word="fiscal">fiscal</span> <span word="funds">funds</span> <span word="straight">straight</span> <span word="to">to</span> <span word="prefecture">prefecture</span> <span word="and">and</span> <span word="county">county</span>-<span word="level">level</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>, <span word="is">is</span> <span word="an">an</span> <span word="important">important</span> <span word="step">step</span> <span word="in">in</span> <span word="supporting">supporting</span> <span word="primary">primary</span>-<span word="level">level</span> <span word="governments">governments</span> <span word="in">in</span> <span word="maintaining">maintaining</span> <span word="stability">stability</span> <span word="in">in</span> <span word="the">the</span> <span word="six">six</span> <span word="key">key</span> <span word="areas">areas</span> <span word="and">and</span> <span word="enhancing">enhancing</span> <span word="protections">protections</span> <span word="in">in</span> <span word="another">another</span> <span word="six">six</span> <span word="priority">priority</span> <span word="areas">areas</span>. <span word="Premier">Premier</span> <span word="Li">Li</span> <span word="Keqiang">Keqiang</span> <span word="has">has</span> <span word="required">required</span> <span word="establishing">establishing</span> <span word="an">an</span> <span word="effective">effective</span> <span word="and">and</span> <span word="secure">secure</span> <span word="special">special</span> <span word="transfer">transfer</span> <span word="payment">payment</span> <span word="mechanism">mechanism</span> <span word="for">for</span> <span word="all">all</span> <span word="new">new</span> <span word="fiscal">fiscal</span> <span word="funds">funds</span> <span word="to">to</span> <span word="go">go</span> <span word="straight">straight</span> <span word="to">to</span> <span word="prefecture">prefecture</span> <span word="and">and</span> <span word="county">county</span>-<span word="level">level</span> <span word="governments">governments</span> <span word="at">at</span> <span word="the">the</span> <span word="earliest">earliest</span> <span word="possible">possible</span> <span word="time">time</span>.</p><p><span word="By">By</span> <span word="early">early</span> <span word="August">August</span>, <span word="among">among</span> <span word="the">the</span> <span word="two">two</span> <span word="trillion">trillion</span> <span word="yuan">yuan</span> <span word="of">of</span> <span word="increased">increased</span> <span word="fiscal">fiscal</span> <span word="funds">funds</span>, 300 <span word="billion">billion</span> <span word="yuan">yuan</span> <span word="had">had</span>, <span word="in">in</span> <span word="large">large</span> <span word="measure">measure</span>, <span word="been">been</span> <span word="used">used</span> <span word="for">for</span> <span word="tax">tax</span> <span word="and">and</span> <span word="fee">fee</span> <span word="cuts">cuts</span>; <span word="and">and</span> <span word="out">out</span> <span word="of">of</span> <span word="the">the</span> 1.7 <span word="trillion">trillion</span> <span word="yuan">yuan</span> <span word="under">under</span> <span word="the">the</span> <span word="special">special</span> <span word="transfer">transfer</span> <span word="payment">payment</span> <span word="framework">framework</span>, <span word="apart">apart</span> <span word="from">from</span> <span word="the">the</span> <span word="reserved">reserved</span> <span word="fund">fund</span> <span word="of">of</span> <span word="a">a</span> <span word="set">set</span> <span word="proportion">proportion</span> <span word="raised">raised</span> <span word="from">from</span> <span word="the">the</span> <span word="special">special</span> <span word="treasury">treasury</span> <span word="bonds">bonds</span> <span word="for">for</span> <span word="COVID">COVID</span>-19 <span word="control">control</span>, 97.8 <span word="percent">percent</span> <span word="of">of</span> <span word="the">the</span> <span word="funds">funds</span> <span word="had">had</span> <span word="been">been</span> <span word="distributed">distributed</span> <span word="to">to</span> <span word="prefecture">prefecture</span> <span word="and">and</span> <span word="county">county</span>-<span word="level">level</span> <span word="governments">governments</span>.</p><p><span word="The">The</span> <span word="enforcement">enforcement</span> <span word="of">of</span> <span word="this">this</span> <span word="policy">policy</span> <span word="has">has</span> <span word="effectively">effectively</span> <span word="boosted">boosted</span> <span word="tax">tax</span> <span word="and">and</span> <span word="fee">fee</span> <span word="cuts">cuts</span>, <span word="and">and</span> <span word="bolstered">bolstered</span> <span word="fiscal">fiscal</span> <span word="resources">resources</span> <span word="at">at</span> <span word="the">the</span> <span word="primary">primary</span>-<span word="level">level</span>. <span word="The">The</span> <span word="policy">policy</span> <span word="is">is</span> <span word="making">making</span> <span word="a">a</span> <span word="difference">difference</span> <span word="in">in</span> <span word="supporting">supporting</span> <span word="market">market</span> <span word="entities">entities</span>, <span word="stabilizing">stabilizing</span> <span word="jobs">jobs</span> <span word="and">and</span> <span word="ensuring">ensuring</span> <span word="people">people</span>'<span word="s">s</span> <span word="livelihood">livelihood</span>, <span word="and">and</span> <span word="has">has</span> <span word="driven">driven</span> <span word="the">the</span> <span word="economic">economic</span> <span word="rebound">rebound</span>.</p>
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