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What is the specific content of six guarantees and six stabilities?
Economic instability factors: First, economic growth is unstable. Large-scale stagnation of economic activities such as production, consumption and exchange has led to a rapid decline in investment, consumption, import and export and a negative economic growth.
Second, the economic subject is in crisis. Under the impact of the epidemic, enterprise departments, family departments and government departments have been seriously affected, and the income of enterprises and families has declined and they have fallen into a cash flow crisis. As time goes on, they may go bankrupt. The decrease of government revenue and the increase of expenditure lead to the accumulation of debt and the increase of deficit.
Third, financial risks have increased. The uncertainty of the epidemic has caused serious interference to investors in financial markets, resulting in unstable expectations, intensified asset price fluctuations and financial market turmoil. Under the impact of the epidemic, the income decline or even bankruptcy of enterprises and residents will also be transmitted to financial institutions, leading to the loss of assets of financial institutions and further threatening financial stability.
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