1. President Xi Jinping presided over the 25th meeting of the central deep reform commission, emphasizing the need to fully implement the strategy of strengthening the country through network, widely apply digital technology to government management services, and promote the digital and intelligent operation of the government. We should straighten out the financial relations between governments below the provincial level, make the allocation of rights and responsibilities more reasonable, standardize the division of income, relatively balanced distribution of financial resources, and more powerful grass-roots guarantee, so as to accelerate the construction of a national unified market. The meeting stressed the need to improve the long-term mechanism for preventing and resolving hidden debt risks, resolutely curb the increase of hidden debt, and strictly investigate and deal with illegal debt financing.
2. Recent geopolitical conflicts have led to fluctuations in the international commodity market, and imported inflation has an impact on China's price trend. The national development and Reform Commission said that although international imported factors have increased the uncertainty of commodity price trend, with the continuous effect of measures to ensure supply and stabilize prices and the superposition of the influence of high base, it is expected that the overall downward trend of PPI will not change during the year. The national development and Reform Commission will make every effort to ensure the supply and price stability of bulk commodities, and severely crack down on illegal acts such as hoarding, driving up prices and spreading false information.
3. The national development and Reform Commission said that the impact of the epidemic on China's demand is phased. With the effective control of the epidemic and the gradual emergence of policy effects, the normal economic order will recover rapidly and the economic operation will return to the normal track. In the next step, we will actively promote effective investment, promote the introduction of policy documents to further release consumption potential and promote the sustainable recovery of consumption, and implement the relief and support measures for special hardship industries such as catering, retail, tourism, civil aviation, highway, waterway and railway transportation.