Page 24 - REPORT ON THE IMPLEMENTATION OF THE 2022 PLAN FOR NATIONAL ECONOMIC AND SOCIAL EVELOPMENT AND ON THE 2023 DRAFT PLAN FOR NATIONAL ECONOMIC AND SOCIAL EVELOPMENT

all localities to negotiate heating-season and year-round natural gas contracts with
upstream gas-supply enterprises, guaranteeing the supply of household natural

gas. The construction of the Ningbo-Zhoushan storage and transportation center
for commodities was advanced.
3) Safe and stable operation of industrial and supply chains was safeguarded.
We established sound mechanisms for risk identification, early warning, and
response regarding key industrial and supply chains, creating a multilevel system

for scrutiny and enhancing our ability to quickly identify and detect risks and
make targeted and effective responses. We coordinated efforts to develop
self-supporting and risk-controllable industrial and supply chains in key fields,
and our capacity for responding to risks continued to improve. China vigorously

engaged in international cooperation on industrial and supply chains and put in
place a secure, stable, and mutually-beneficial framework for such cooperation.
4) Economic and financial risks were prevented and defused.
We properly dealt with risks arising in real estate, local small and
medium-sized banks, local government debt, and other key areas and cracked

down on illegal fundraising and illegal cross-border financial activities, thus
ensuring that no systemic risks arose.
We arranged 350 billion yuan in special loans to ensure that presold homes
would be delivered on time, introduced a 200 billion yuan lending scheme for this

purpose, implemented a project to improve the balance sheets of quality real estate
enterprises, and actively dealt with risks posed by real estate enterprises facing
difficulties. We constantly improved the nationwide network of integrated
financing and credit service platforms, promoted the application of the
credit-based financing model, and helped financial institutions increase the scale of

credit loans to MSMEs on the premise of risk prevention. We worked to establish a
long-term mechanism to prevent and defuse risks posed by local governments’
hidden debt and took resolute steps to curb the growth of such debt.
10. We stepped up efforts to ensure that the people’s basic needs were met and worked
earnestly for their benefit.

Fully applying a people-centered philosophy of development, we worked
continuously to ensure people’s access to childcare, education, employment,
medical services, elderly care, housing, and social assistance, thus bringing about
all-around improvements in their lives.
1) Tangible results were achieved in keeping employment stable and increasing
people’s incomes.

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