Central Economic Working Conference aims at guaranteeing people’s livelihood
The Central Economic Working Conference (CEWC) proposes the government enhance people’s livelihood and improve the standard of living. The goal is to be addressed under the guidelines of “keeping the bottom line, highlighting the key points, improving the mechanism and positively guiding the public opinion”.
The CEWC highlighted guaranteeing the basic life of low-income people. The government pledges to finance students born in poor families. Attention will be paid to stabilizing and expanding employment. The government will also strive to create more job opportunities for college students.
The government plans to shore up the development of small businesses and push large enterprises to recommit to corporate social responsibilities. The social insurance systems in both rural and urban areas will be enhanced. China will continue to intensify the construction and management of affordable housing and accelerate the transformation of shantytowns.
The Chinese government vows to lead people to setting in mind that to improve the living standard or become well-off is through hard work.
“To guarantee people’s livelihood requires the government to not only make every effort, but also have a clear evaluation of its own capability. To ‘keep the bottom line and highlight key points’ is very important,” commented Zhang Li Qun, researcher of macro-economic department in Development Research Center of the State Council.
Zhang said that one of the key points of the government’s work is to provide basic public services, and the bottom line is to guarantee the basic livelihood of people. The low-income group is problematic in society, and they especially need the help from the government. Furthermore, with the slowdown of economic growth and the promotion of economic restructuring, some people’s employment and income is expected to be affected. Therefore, the corresponding guarantees should be prepared earlier.
Zhang came up with one conclusion: that to improve people’s livelihood, on one hand the government should expand economic input, and on the other hand people should create wealth through hard work. Neither of the two should be neglected.