setsXinhua Headlines: China sets tone for 2022 economic development with clear-cut policy toolbox( 二 ) China|work|taken|for|Central|reform|

It pledged to implement new tax and fee cut policies, strengthen support for small and medium-sized enterprises, individually-run businesses, manufacturing and risk-defusing, and take a moderately proactive approach in advancing infrastructure investment.
Prudent monetary policies should be flexible and appropriate, and liquidity should be maintained at a reasonable and ample level, the meeting said.
It underlined efforts to guide financial institutions to ramp up support for the real economy, especially for small and micro enterprises, technological innovation and green development.
In 2022, China will wield its microeconomic policies to stimulate the vitality of market entities, deepen the supply-side structural reform with a focus on smoothing the circulation of the national economy, and firmly advance the implementation of policies related to science and technology, said the meeting.
Next year's economic priorities also include vitalizing development through policies of reform and opening-up, promoting more balanced and coordinated regional development, and ensuring that its social policies well safeguard people's well-being.
Efforts will be made to boost the employment of young people, including college graduates, and optimize flexible employment and social security policies.
In the first 10 months of 2021, China created 11.33 million new jobs in its urban areas, achieving its whole-year target in advance, official data showed.
Reiterating the principle that "housing is for living in, not for speculation," the meeting said China will support the property market to better cater to the reasonable demand of home buyers and adopt city-specific policies to boost the virtuous cycle and healthy development of the sector.
The country will also expand high-quality and institutional opening-up, grant foreign-funded enterprises national treatment, attract more investment from multinational companies, and facilitate the early implementation of major foreign-invested projects.
(Video reporters: Chen Qiang, Xiong Maoling, Tan Yixiao, Hu Yousong, Feng Yiwei, Yang Yi, Jiang Xuelan; video editors: Peng Ying, Mu Xuyao) ■

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