For those following the evolving situation of the COVID-19 pandemic especially in leading states, it might be useful to consider the report of the 27 March Meeting of the Politburo of the Chinese Communist Party.
The Report (in the original Chinese--习近平主持中央政治局会议 分析国内外新冠肺炎疫情防控和经济运行形势 研究部署进一步统筹推进疫情防控和经济社会发展工作等) as reported by Xinhua News Agency, and in a crude English translation ("Xi Jinping presides over the meeting of the Political Bureau of the Central Committee to analyze the domestic and foreign new COVID-19 epidemic prevention and control and economic operation situation"), follows.
The text of the Report is preceded by my summary of the 10 most significant areas of policy covered in the Report and what it may signal for Chinese policy in the coming half year.
The Politburo Report raised ten quite significant issues of policy and pointed to quite critical responses of the Chinese central authorities to the ongoing epidemic as it has manifested in China. More importantly it provides substantial guidance for Chinese responses to the manifestation of the pandemic outside of China, and Chinese policy responses in response to these global developments. These may be summarized as follows: .
(1) The Report focused on the alignment two related areas; first epidemic mitigation and control and the reopening of the domestic economy; and second, protection against reinfection from abroad and the domestic effects of foreign economic slowdowns.(2) Epidemic prevention and control appears to be centering on maintaining the basic structures of Chinese responses developed since the end of 2019, but adjusting them to meet local conditions; with a substantial focus on alleviating conditions in Hubei Province.(3) There was an intensified focus on the condition of overseas Chinese with a directive to the foreign ministries to use their missions to advance objectives of protecting the health of Chinese citizens abroad while at the same time extending and making more effective the data harvesting necessary for risk management from outside to inside China. These will then be tied to those relevant ministries in charge of entry and the development of containment and quarantine strategies. The bottom line takes on a double character—a mandate for intra-agency coordination grounded in risk reducing analytics, and the connection between these efforts and policy on the character of the closure of borders.(4) The Politburo, like the American federal government, is deeply concerned about the economy, and the preservation of the political-economic system beyond measures taken to contain the plague. To that end the Politburo appears to be considering the normalization of prevention and control policies derived from the experiences of the last several months. That will eventually require a potentially far reaching review and development of the CPC Basic Line to conform to the emerging New Era character of the operation of the Chinese political-economic model.(5) The central authorities flagged concern about macro-policy that will supply the principles and objectives necessary to continue the development and reform of the CPC Line and its articulation as specific policy. That appears ot be a project in its infancy but one with priority status. But macro-policy changes also target macro-finance with specific policies in aid of provincial and local governments to meet changing circumstances and to be used to further the overall objectives adopted by the central authorities. Here banking and finance system reform will likely emerge in the coming six months, driven pragmatically by practices developed over the previous six months.(6) With an eye toward reduced global demand, the Politburo is now considering ways of further developing domestic markets and domestic consumption. That, in turn, will require infusing the system (and principally consumers at the wholesale and retail level) with disposable funds and the confidence to spend it. Expect to see an expansion of consumables at the retail level plus an infusion of money into the economy—the specifics, of course, remain opaque.(7) With Spring planting season effectively now at a critical period, the central authorities mean to ensure that the supply of food remains not merely uninterrupted but also that price fluctuations do not cause a negative effect on efforts to jump start domestic consumption. Details are scarce but the emphasis is important.(8) The Politburo focused on production in Hubei, and for a good reason. Hubei continues to serve as the measure against which the success of Chinese efforts against the epidemic and with respect to economic progress will be measured. Expect much activity and central authority interest in the management of recovery Hubei. Officials there will continue to be under a microscope and the Supervision apparatus will likely be quite active there in the near term.(9) Connected with macro-economic planning and the revival of production are measures aimed at poverty alleviation. The conduction of migrant labor, especially those denied travel back to the great centers of production in the East and South are of concern—not just for the central authorities but because their condition may overwhelm the ability of provincial authorities to meet the challenges. The suggestion that the Central Authorities will continue the policies and efforts already in place suggests that the Politburo is still measuring effectiveness and dopes not yet want to undercut provincial efforts. This may change over the next several months as data is analyzed and political conclusions are made.(10) This contingency in policy was also made clear. A substantial amount of policy decisions await hard analytics. While they appear to have worked well enough, the sensitive work remains to be undertaken and digested. This, the Politburo appeared to be sending out a strong signal of the accountability and assessment projects that may well be in the works. These will likely be undertaken both at the provincial level (under national supervision) and within selected organs of the central authorities. The references to rectification and reform ought to have sent out a strong signal. Stay tuned.
丨来源：新华社
中共中央政治局召开会议
分析国内外新冠肺炎疫情防控和经济运行形势
研究部署进一步统筹推进疫情防控和经济社会发展工作
审议《关于2019年脱贫攻坚成效考核等情况的汇报》和《关于中央脱贫攻坚专项巡视“回头看”情况的综合报告》
中共中央总书记习近平主持会议
中共中央政治局3月27日召开会议，分析国内外新冠肺炎疫情防控和经济运行形势，研究部署进一步统筹推进疫情防控和经济社会发展工作，审议《关于2019年脱贫攻坚成效考核等情况的汇报》和《关于中央脱贫攻坚专项巡视“回头看”情况的综合报告》。中共中央总书记习近平主持会议。
3月25日，习近平总书记主持召开中央政治局常委会会议，听取疫情防控工作和当前经济形势的汇报，研究当前疫情防控和经济工作，决定将有关意见提请中央政治局会议审议。
会议认为，经过全国上下和广大人民群众艰苦努力，疫情防控取得阶段性重要成效，经济社会秩序加快恢复，成绩来之不易。当前，国内外疫情防控和经济形势正在发生新的重大变化，境外疫情呈加速扩散蔓延态势，世界经济贸易增长受到严重冲击，我国疫情输入压力持续加大，经济发展特别是产业链恢复面临新的挑战。要因应国内外疫情防控新形势，及时完善我国疫情防控策略和应对举措，把重点放在外防输入、内防反弹上来，保持我国疫情防控形势持续向好态势。
会议强调，要继续抓紧抓实抓细疫情防控各项重点工作，不断巩固和拓展疫情防控成效。要毫不放松抓好重点地区疫情防控工作，继续做好医疗救治工作，加强对重症患者精准施治，最大限度提高治愈率、降低病亡率。对出院患者要做好医学观察、跟踪随访、恢复期康复工作。要完善社区防控措施，稳妥做好疫情善后工作，逐步恢复正常生产生活秩序。湖北省要同有关省份加强对接，有序做好本地人员外出就业、外地滞留在鄂人员返程等工作。要继续加强北京等其他重点地区防控。要健全低风险地区及时发现、快速处置、精准管控、有效救治的常态化防控机制，落实早发现、早报告、早隔离、早治疗要求，完善并及时启动相关防控预案，坚决防止疫情反弹。
会议指出，要加强对境外我国公民的关心关爱，驻外使领馆要做好领事保护、防护指导和物资保障，保护他们的生命安全和身体健康。要密切跟踪和分析全球疫情走势，快速精准识别和管控风险源风险点，加强口岸卫生检疫，优化入境流程，落实入境人员集中隔离要求，安排好生活服务和健康监测。要推进疫情防控国际合作，同世界卫生组织深化交流合作，继续向有关国家提供力所能及的帮助。
会议强调，要在疫情防控常态化条件下加快恢复生产生活秩序。各地区各部门要坚定信心、迎难而上、主动作为，统筹推进疫情防控和经济社会发展工作，坚定不移贯彻新发展理念，深化供给侧结构性改革，坚决打好三大攻坚战，加大宏观政策对冲力度，有效扩大内需，全面做好“六稳”工作，动态优化完善复工复产疫情防控措施指南，力争把疫情造成的损失降到最低限度，努力完成全年经济社会发展目标任务，确保实现决胜全面建成小康社会、决战脱贫攻坚目标任务。
会议指出，要加大宏观政策调节和实施力度。要抓紧研究提出积极应对的一揽子宏观政策措施，积极的财政政策要更加积极有为，稳健的货币政策要更加灵活适度，适当提高财政赤字率，发行特别国债，增加地方政府专项债券规模，引导贷款市场利率下行，保持流动性合理充裕。要落实好各项减税降费政策，加快地方政府专项债发行和使用，加紧做好重点项目前期准备和建设工作。要充分发挥再贷款再贴现、贷款延期还本付息等金融政策的牵引带动作用，疏通传导机制，缓解融资难融资贵，为疫情防控、复工复产和实体经济发展提供精准金融服务。对地方和企业反映的难点堵点问题，要抓紧梳理分析，及时加以解决，推动产业链协同复工复产达产。
会议强调，要加快释放国内市场需求，在防控措施到位前提下，要有序推动各类商场、市场复工复市，生活服务业正常经营。要扩大居民消费，合理增加公共消费，启动实体商店消费，保持线上新型消费热度不减。要加强国际经贸合作，加快国际物流供应链体系建设，保障国际货运畅通。
会议指出，要抓好农业生产和重要副食品保供稳价，抓紧组织好春管春播，加快把支农政策措施落实到田间地头，加强农作物病虫害防治和气象灾害防范。要继续抓好生猪产能恢复，解决好畜牧水产养殖面临的困难。要加大脱贫攻坚项目开工复工进度，帮助贫困劳动力尽快返岗就业，对因疫情返贫致贫人员及时落实帮扶措施。
会议强调，要在做好疫情防控的前提下，支持湖北有序复工复产。要加强对湖北经济社会发展的支持，制定专项支持政策，帮助湖北解决财政、融资、供应链等实际困难，支持湖北做好援企、稳岗、促就业、保民生等工作。
会议对脱贫攻坚成效考核和专项巡视“回头看”工作给予肯定。会议认为，在以习近平同志为核心的党中央坚强领导下，2019年脱贫攻坚年度减贫任务全面完成，省级党委和政府责任进一步压实，深度贫困地区攻坚成效明显，“两不愁三保障”突出问题总体解决，脱贫攻坚取得决定性成就。实践证明，党中央关于脱贫攻坚决策部署是正确的，精准脱贫方略是符合实际的，充分彰显了中国共产党领导和中国特色社会主义制度的政治优势。
会议指出，从脱贫攻坚成效考核和专项巡视“回头看”情况看，脱贫攻坚面临的任务依然艰巨复杂，剩下都是最难啃的“硬骨头”，巩固脱贫成果的任务非常繁重，局部地方、有的方面还有薄弱环节和工作不足，新冠肺炎疫情带来新的困难和挑战，夺取脱贫攻坚全面胜利要付出更加艰苦的努力。各地区各部门要增强责任感、使命感、紧迫感，保持定力耐力，防止松懈、厌战思想，发扬连续作战的优良作风，坚持目标标准、坚持精准方略、坚持从严从实，保持脱贫攻坚政策总体稳定，继续加大投入力度、工作力度、帮扶力度，全面查缺补漏，加快补齐短板弱项，巩固脱贫成果，坚决打赢脱贫攻坚战，确保如期全面建成小康社会。
会议强调，脱贫攻坚已经进入决战倒计时，必须提高政治站位，较真碰硬狠抓工作落实。要强化政治担当，压实整改主体责任，党委（党组）领导班子特别是书记要以上率下亲自抓，把脱贫攻坚成效考核发现的问题和专项巡视“回头看”指出的问题、“不忘初心、牢记使命”主题教育检视出的问题等统筹起来，把问题整改和脱贫攻坚日常工作结合起来，一体整改落实到位。要强化日常监督，盯住整改形式主义、官僚主义问题不放，严肃查处不担当不作为乱作为、搞数字脱贫和虚假脱贫等问题，把全面从严治党要求贯穿脱贫攻坚全过程。要强化组织保障，深入推进抓党建促脱贫，全面提升贫困地区基层党组织作用，注重在脱贫攻坚一线考察、识别干部。要强化成果综合运用，举一反三促进工作，结合考核、巡视发现的共性问题，完善工作机制，增强工作合力，研究做好脱贫攻坚和乡村振兴战略、“十四五”规划衔接。
会议还研究了其他事项。
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Xi Jinping presides over the meeting of the Political Bureau of the Central Committee to analyze the domestic and foreign new crown pneumonia epidemic prevention and control and economic operation situation
China Government Website Today
丨 Source: Xinhua News Agency
The Political Bureau of the CPC Central Committee holds a meeting;
Analyzes domestic and foreign new crown pneumonia epidemic prevention and control and economic operation situation;
Research and deployment to further coordinate and advance epidemic prevention and control and economic and social development;
Review of "Report on the Evaluation of the Results of the Poverty Alleviation in 2019" and "Comprehensive Report on the" Looking Back "on the Special Inspection of the Central Poverty Alleviation Campaign
CPC Central Committee General Secretary Xi Jinping chaired the meeting
The Political Bureau of the Central Committee of the Communist Party of China held a meeting on March 27 to analyze the domestic and foreign new corona virus epidemic prevention and control and economic operation situation, study and deploy to further coordinate the prevention and control of the epidemic situation and economic and social development work, and review the "Report on the assessment of the effectiveness of poverty alleviation in 2019" and the "Comprehensive report on "look back" on the special inspection of the central poverty alleviation campaign." The General Secretary of the CPC Central Committee Xi Jinping chaired the meeting.
On March 25, General Secretary Xi Jinping hosted a meeting of the Standing Committee of the Political Bureau of the CPC Central Committee to listen to the report on epidemic prevention and control and the current economic situation, study the current epidemic prevention and control, and economic work, and decided to submit relevant opinions to the Central Political Bureau meeting for consideration.
The meeting held that, after hard work from all over the country and the broad masses of the people, the epidemic prevention and control has achieved important results in stages, and the recovery of economic and social order has accelerated, with hard-won achievements. At present, major new changes are taking place in the prevention and control of the epidemic at home and abroad, and the economic situation is accelerating. The epidemic situation abroad is accelerating and spreading. The growth of the world economy and trade has been severely impacted. The pressure on China ’s epidemic input continues to increase challenges. In response to the new situation of epidemic prevention and control at home and abroad, we must improve our epidemic prevention and control strategies and response measures in a timely manner, focus on external defense imports and internal defense rebound, and keep the situation of epidemic prevention and control in China continuing to improve.
The meeting emphasized the need to continue to pay close attention to the key tasks of epidemic prevention and control, and continue to consolidate and expand the effectiveness of epidemic prevention and control. We must continue to do a good job of preventing and controlling epidemics in key areas, continue to do a good job of medical treatment, strengthen the precise treatment of critically ill patients, maximize the cure rate, and reduce the mortality rate. The medical observation, follow-up and rehabilitation of patients discharged from hospital should be done well. It is necessary to improve community prevention and control measures, do a good job in the aftermath of epidemic situation, and gradually restore normal production and living order. Hubei Province should strengthen the docking with relevant provinces, and do an orderly job of local personnel going out of employment and returning from staying in Hubei. It is necessary to continue to strengthen the prevention and control of Beijing and other key areas. It is necessary to improve the normalized prevention and control mechanism for timely detection, rapid treatment, precise control and effective treatment in low-risk areas, implement the requirements for early detection, early reporting, early isolation, and early treatment, improve and start relevant prevention and control plans in a timely manner, and resolutely prevent the epidemic from rebounding. .
The meeting pointed out that it is necessary to strengthen the care and care of Chinese citizens abroad, and the embassies and consulates abroad must do a good job in consular protection, protection guidance and material protection to protect their lives and physical health. It is necessary to closely track and analyze the global epidemic situation, quickly and accurately identify and control risk sources and risk points, strengthen port health quarantine, optimize entry procedures, implement centralized isolation requirements for immigrants, and arrange life services and health monitoring. It is necessary to promote international cooperation in epidemic prevention and control, deepen exchanges and cooperation with the World Health Organization, and continue to provide relevant countries with assistance within their ability.
The meeting emphasized the need to accelerate the restoration of production and living order under the normalization of epidemic prevention and control. All regions and departments must strengthen their confidence, face up to difficulties, and take the initiative to coordinate the advancement of epidemic prevention and control and economic and social development, unswervingly implement the new development concept, deepen the supply-side structural reform, and resolutely fight the three major battles. Huge macro-policy hedging efforts, effectively expanding domestic demand, doing a good job of the "six stability", dynamically optimizing and perfecting the guidelines on prevention and control measures for resumption and resumption of epidemic situation, striving to minimize the losses caused by the epidemic situation, and striving to complete the economic and social development goals Tasks to ensure the decisive goal of building a well-off society in an all-round way and decisively fighting poverty.
The meeting pointed out that it is necessary to strengthen the adjustment and implementation of macro policies. It is necessary to promptly study and propose a package of macroeconomic policies and measures that are actively responded to, proactive fiscal policies to be more proactive, prudent monetary policies to be more flexible and appropriate, appropriately increase the fiscal deficit rate, issue special government bonds, increase the scale of local government special bonds, and guide loans. Market interest rates have fallen and liquidity has remained reasonably adequate. It is necessary to implement various tax and fee reduction policies, speed up the issuance and use of special bonds by local governments, and step up preparations and construction for key projects. It is necessary to give full play to the leading role of financial policies such as re-loan re-discounting, loan deferred repayment of principal and interest, dredge the transmission mechanism, alleviate financing difficulties, and provide precise financial services for epidemic prevention and control, resumption of production and real economy development. The problems and problems reported by local and enterprises should be analyzed and analyzed in a timely manner to solve the problems in a timely manner to promote the coordinated resumption of production and production in the industrial chain.
The meeting emphasized that it is necessary to accelerate the release of domestic market demand, and in the premise of prevention and control measures in place, it is necessary to promote the orderly resumption of various shopping malls and markets, and the normal operation of the life service industry. It is necessary to expand household consumption, increase public consumption reasonably, start physical store consumption, and maintain the popularity of new online consumption. It is necessary to strengthen international economic and trade cooperation, accelerate the construction of an international logistics supply chain system, and ensure the smooth flow of international freight.
The meeting pointed out that we must do a good job in agricultural production and stable supply of important non-staple food, organize spring management and spring planting, accelerate the implementation of agricultural support policies and measures to the field, and strengthen the prevention and control of crop diseases and insect pests and the prevention of meteorological disasters. It is necessary to continue to do a good job in recovering the production capacity of pigs and solve the difficulties faced by livestock and aquaculture. It is necessary to increase the progress of the poverty alleviation project to start and resume work, help the poor laborers to return to work as soon as possible, and implement timely assistance measures for those who have returned to poverty due to the epidemic.
The meeting emphasized the need to support the orderly resumption of production and production in Hubei under the premise of good epidemic prevention and control. It is necessary to strengthen support for the economic and social development of Hubei, formulate special support policies, help Hubei solve practical difficulties such as finance, financing, and supply chain, and support Hubei in doing a good job of assisting enterprises, stabilizing posts, promoting employment, and protecting people's livelihood.
The meeting affirmed the effectiveness of poverty alleviation and special inspections of "looking back". According to the meeting, under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, the annual poverty reduction tasks for poverty alleviation in 2019 were fully completed, and the responsibilities of provincial party committees and governments were further consolidated. The outstanding issues were resolved in an overall way, and decisive results in poverty alleviation were achieved. Practice has proved that the CPC Central Committee ’s decision-making and deployment of poverty alleviation is correct, and the precise poverty alleviation strategy is in line with reality, fully demonstrating the political advantages of the leadership of the Communist Party of China and the socialist system with Chinese characteristics.
The meeting pointed out that judging from the evaluation of the effectiveness of poverty alleviation and special inspections, “looking back”, the tasks facing poverty alleviation are still arduous and complex, and the rest are the most difficult “hard bones”. The task of consolidating the results of poverty alleviation is very heavy. In some areas, there are still weak links and inadequate work. The new crown pneumonia epidemic has brought new difficulties and challenges, and it will take more arduous efforts to win a comprehensive victory over poverty. All regions and departments must strengthen their sense of responsibility, mission, and urgency, maintain a constant endurance, prevent slackness and war-weariness, and carry forward the fine style of continuous operations. Adhere to the target standards, adhere to precise strategies, adhere to strictness and pragmatism, and maintain an overall policy of poverty alleviation. Stability, continue to increase investment, work, and support, comprehensively check for shortcomings and fill gaps, speed up the repair of shortcomings and weaknesses, consolidate the results of poverty alleviation, resolutely win the fight against poverty, and ensure that a well-off society is fully built on schedule.
The meeting emphasized that the fight against poverty has entered the countdown to the decisive battle, and it is necessary to raise the political standing, and work hard to implement the work. To strengthen political responsibility and compact the main responsibility for rectification and reform, the party committee (party group) leadership team, especially the secretary, must personally grasp the above rate, and review the problems found in the evaluation of poverty alleviation efforts and special inspections. "Remember the mission," keeping in mind the issues examined in the theme education, and integrate the rectification of the problem with the daily work of poverty alleviation. It is necessary to strengthen daily supervision, focus on rectification and reform of formalism and bureaucracy, seriously investigate and deal with problems such as inaction and inaction, digital poverty alleviation, and false poverty alleviation, and carry out the party's comprehensive and strict requirements throughout the whole process of poverty alleviation. It is necessary to strengthen organizational security, deepen the promotion of party building and promote poverty alleviation, comprehensively enhance the role of grass-roots party organizations in poor areas, and focus on investigating and identifying cadres on the front lines of poverty alleviation. It is necessary to strengthen the comprehensive use of results, promote the work by inference, and improve the work mechanism, strengthen the joint force of work in conjunction with the common problems found in assessments and inspections.
The meeting also studied other matters.
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