China proclaimed Friday a “great success” in its fight against the coronavirus, at the opening of the annual high mass of the communist regime, which this year was devoted to the recovery of the Asian giant’s economy.
The first country affected by Covid-19, but also the first to emerge from it, now has a goal: to revitalize its economy in the midst of a global depression. This is the subject of the 2020 session of the National People’s Congress (ANP, the Chinese Parliament), the annual mass of the Chinese Communist regime. But first and foremost, the Chinese premiere celebrated the country’s “major strategic success” when dealing with the health crisis.
“We, the sons and daughters of the Chinese nation, have remained united for an infinitely difficult period and have erected a wall of solidarity,” welcomed Prime Minister Li Keqiang in front of the 3,000 deputies’ gathered, masked face [pour raisons sanitaires], at the People’s Palace in Beijing.
“We have achieved a decisive victory in the defense of Hubei Province and its capital, Wuhan,” in quarantine for two and a half months, said the head of government, and seems to ignore the criticism abroad, especially in the United States, against the alleged responsibility for his country in the beginning of the epidemic.
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“A price that must be paid”
For Li Keqiang, the success of the epidemic paid “a high price. It was a price that had to be paid and it was worth it,” he said, referring to stupa in the gross domestic product during the first quarter (-6.8%, a first in the history of the People’s Republic). . “The pressure on employment has increased sharply,” he said.
As a sign of the uncertainty the country faces, Li Keqiang has refrained from setting a growth target for the current year. “Our country will face certain factors that are difficult to predict,” he said. In response, the country will reduce the deficit this year to 3.6% of GDP (against 2.8% last year).
Beijing fears popular anger
“Beijing’s priority is to stabilize employment and ensure the standard of living of the Chinese population, with one primary goal: to eradicate rural poverty,” explains Charles Pellegrin, France’s 24 correspondent in China. means: raising the threshold for the financial deficit and investing in infrastructure projects in the hope of creating 9 million urban jobs by 2020. “Beijing’s concern is to see an increase in social anger due to the decline in living standards. Social instability is an existential threat to Beijing, “said the correspondent.
Members are preparing for China after the covid
The Prime Minister therefore announced the issuance of a government loan of 1,000 billion yuan [soit 128,5 milliards d’euros], to which is added a huge investment plan of 3,750 billion yuan (EUR 481.8 billion). Finally, the military budget will increase 6.6% in 2020, a lower growth rate than 2019 (+ 7.5%). This announcement comes when disputes over sovereignty remain between Beijing and its Indian, Japanese neighbors and some residents of the South China Sea.