Chapter 1317 - Rescue the market

Entering 2008, the atmosphere of the Beijing Olympics became stronger and stronger. There were more and more news about the Beijing Olympics. Advertisements for the Beijing Olympics, etc., not only appeared in various places in China, but also appeared in countries around the world.

The Chinese Olympic Committee invited national Olympic committees and the International Olympic Committee, as well as some world-famous athletes, to visit Beijing, the Olympic Village and the Olympic stadiums that had been built.

They won a lot of applause.

It can be said that the preparations for the Beijing Olympics this time set a record and also created a miracle.

The subway system, bus system, etc. in Beijing have spread all over the world.

Even during the two sessions, the atmosphere of the Beijing Olympics was still very strong, and the atmosphere of the two sessions did not dilute the atmosphere of the Beijing Olympics.

Even the representatives and members of the two sessions went to visit Olympic-related projects in groups of three or five, which further exaggerated the atmosphere of the two sessions.

Beijing's electric/hybrid buses, taxis, and police cars and motorcycles built for the Olympics received a lot of exposure.

Even the representatives and committee members watched the "Snow Leopard" commando team conduct anti-terrorism drills at close range.

All of this is public, representing a kind of Chinese determination and a national will.

If anyone or any organization dares to sabotage during the Beijing Olympics, they will inevitably be ruthlessly attacked by China.

The Chinese rescue measures that countless people have been looking forward to were also formally voted and passed during the two sessions.

The central government invested up to 4 trillion yuan to start related infrastructure, including low-rent housing, high-speed railways, highways, ports and docks, large-scale water conservancy projects, etc. at the central level.

At the same time, it is required that local funds such as provinces and cities match 4 trillion yuan for infrastructure.

The large-scale release of money expected by real estate companies, using real estate as a reservoir and real estate as a pillar of the national economy, did not happen.

On the contrary, the construction of a large number of low-rent housing will suppress housing prices.

Although the low-rent housing built by the government is not excellent in terms of housing type, and the houses are densely spaced, often with four or even six households per floor, the rent of low-rent housing is very cheap, the quality of the construction is guaranteed, and there are not so many worries, which makes many ordinary people rent low-rent housing.

Low-rent housing not only has apartment type, but also suite type.

Those who meet the conditions can rent low-rent housing.

At the same time, the government-led reform of the medical system, including the reconstruction of hospitals with relatively old buildings, the replacement of medical equipment, and the construction of new hospitals, will undoubtedly further solve medical problems.

In the future, China will form a national health service system consisting of basic medical systems, general clinics, and urban comprehensive hospitals. Among them, the basic medical system will be based on community health service centers and township health centers, providing basic prevention, medical, health care, and rehabilitation services. General clinics, as an important part of community medical care, provide general medical services to deal with common diseases, frequently occurring diseases, and chronic diseases. Comprehensive urban hospitals, mainly tertiary hospitals, undertake the diagnosis and treatment of difficult diseases, medical teaching and scientific research tasks, and are the leaders of the three-level medical network.

In the public health service system, four systems are formed: disease prevention and control system, health supervision system, maternal and child health care system, and mental health system.

Of course, in addition to the rescue measures, infrastructure construction, and government investment and construction to drive economic development, there is another very important content in this two sessions, which is that China will further improve the construction of insurance and social welfare.

In addition to central funds and local funds, it is to issue special national bonds of 1 trillion yuan for post-disaster reconstruction of provinces and cities affected by the snowstorm.

As for increasing holdings of US bonds or increasing the amount of US dollars as foreign exchange reserves, there is no mention.

Another highly anticipated statement is the statement on ASEAN + China integration, South Asia 14 countries + 1 integration, and Northeast Asia economic integration.

In the past, there was a timetable for ASEAN + China economic integration, which was 2010, and now it is 2008, which means that the economic integration has entered the countdown.

In recent years, ASEAN countries have cleared the few obstacles to economic integration.

There are no more rebels or pirates in the entire South Sea.

Those rebels or pirates have either been completely eliminated or arrested for labor reform. Foreign powers can no longer exert influence in the South Sea through rebels or pirates.

Although it has not been announced that the economic integration of ASEAN + China has been realized, everyone knows that this is inevitable and has entered the countdown.

What is striking this time is that the timetable for the economic integration of South Asia 14 countries + 1 and East Asia has been given. The timetable for the economic integration of South Asia 14 countries + 1 is 2020, and the timetable for the economic integration of East Asia is 2025.

This also means that after the completion of the economic integration of ASEAN + China, the next focus will be the economic integration of South Asia + China and the economic integration of East Asia.

As for the economic integration of the five Stan countries in Central Asia + China, it did not appear in the government documents, obviously not wanting to stimulate Russia's sensitive nerves.

The large amount of funds for the rescue of the market has attracted the attention of the whole world.

After all, this money is not a small amount!

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But Huaxia surprisingly used it to rescue the market easily.

Unlike Europe and the United States, there is no rescue of financial institutions and large companies, and there is no mention of bank capital injection and rectification of financial institutions. Instead, the rescue is carried out through infrastructure, stimulating the domestic market, and encouraging consumption.

What is incredible here is that the Chinese government encourages home appliances to go to the countryside and encourages people to buy cars by reducing taxes.

By stimulating the domestic market, part of the original export capacity is absorbed, thereby helping the original export companies to overcome difficulties.

Long before, in order to cope with this crisis, China has made various preparations, such as conducting a comprehensive survey of domestic residents' savings, such as conducting a comprehensive survey of national enterprises, etc.

Various measures have been formulated and taken out at this time, instead of rushing them like Europe and the United States, and there are many loopholes in the result.

Just after the two sessions, delegations from various countries have visited China.

Energy exporting countries hope to get orders from China so that the original contract agreements can continue to be implemented; resource-producing countries hope to sell mineral resources to China.

Even Bharat, who had never been very good at dealing with China, led a delegation to visit China.

This economic crisis originated from the United States, and its destructive power is so huge that it has shocked and caught countries all over the world off guard.

The US dollar has obviously depreciated, but the Bharat rupee has still depreciated significantly against the US dollar.

Not only the Bharat rupee, but most currencies in the world have depreciated significantly against the US dollar.

These include East Asian currencies such as the Japanese yen and the Korean won. (End of this chapter)