Liu Zhibiao and Chen Liu: Coordinate the Relationship between the Epidemic Prevention & Control and Economic Growth

Release time:2020-02-26Author: Liu Zhibiao and Chen Liu

General Secretary Xi Jinping pointed out when investigating and guiding the prevention and control of COVID-19 in Beijing that the fundamentals of China's long-term economic improvement have not changed, and the impact of the epidemic is only short-term. He also pointed out that the impact of the epidemic is only short-term, so don't be intimidated by problems and difficulties. At present, we are at a critical stage of epidemic prevention and control, and practice has proved that the most effective way to prevent and control the spread of the epidemic is to isolate and prevent cross-infection. One of the main side effects of this approach on economic growth is that it will affect the resumption of work and the demand for the service industry for a period of time. In order to reduce the impact of the epidemic, the contradiction between epidemic prevention and control and economic growth should be effectively coordinated. On the one hand, the prevention and control status of the epidemic directly determines the trend of the economy throughout the year and is the main variable that affects the economic situation throughout the year. On the other hand, stable economic growth is our greatest guarantee against various risks. Only by achieving stable economic growth can we ensure that the short-term impact of the epidemic will not evolve into a factor that causes economic recession. At present, we can judge 1. The epidemic is a short-term pulsating impact on the Chinese economy; 2. It is necessary to prevent the trend of the impact of the epidemic on the economy; 3. In the process of responding to the epidemic, various enterprises in Jiangsu Province face different difficulties. The government needs classified guidance and precise policy implementation to help enterprises overcome difficulties and ensure the smooth operation of the economy.