eBusiness Weekly
BEIJING, Jan. 19 (Xinhua) — China will not see a “policy cliff” in 2021 as the country aims to keep its macro policies consistent, stable and sustainable to support steady economic recovery, an official said Tuesday.
“China’s macro policies will be in line with the needs of sustaining stable and sound economic development, and there will be no abrupt turnarounds,” Yan Pengcheng, an official with the National Development and Reform Commission, told a press conference.
Yan underscored the necessity of sustaining supportive measures this year, as some micro, small and medium-sized enterprises have just managed to navigate the COVID-19 slump and still need some time to recover.
