PANews reported on April 25 that the Political Bureau of the CPC Central Committee held a meeting on April 25 to analyze and study the current economic situation and economic work. Xi Jinping, General Secretary of the CPC Central Committee, presided over the meeting, which emphasized the need to accelerate the issuance and use of local government special bonds and ultra-long-term special treasury bonds. The bottom line of the "three guarantees" at the grassroots level should be firmly secured. The reserve requirement ratio and interest rates should be lowered in a timely manner to maintain ample liquidity and increase support for the real economy. New structural monetary policy tools should be created, new policy-based financial tools should be established, and technological innovation, consumption expansion, and foreign trade stabilization should be supported. The consistency of policy orientation should be strengthened.

The meeting stressed that we should take multiple measures to help enterprises in difficulties. We should strengthen financing support. We should accelerate the integration of domestic and foreign trade. We should cultivate and expand new quality productivity and create a number of emerging pillar industries. We should continue to work hard to promote key core technology research, innovatively launch the "technology board" of the bond market, and accelerate the implementation of the "artificial intelligence +" action. We should vigorously promote the quality upgrade of key industries, adhere to standard guidance, and regulate the competition order.