highestpowerball| Take advantage of the momentum to consolidate and enhance the positive trend of economic recovery. The meeting of the Political Bureau of the CPC Central Committee conveys new trends in economic development

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内容导读:ManuscriptsourceHighestpowerballXinhuaDailyTelegraphNewsInordertoachievetheobjectivesandtasksofthe14thfi...……

Manuscript sourceHighestpowerballXinhua Daily Telegraph News

In order to achieve the objectives and tasks of the 14th five-year Plan, it is very important to do a good job in economic work.

The political Bureau of the CPC Central Committee held a meeting on April 30 to analyze and study the current economic situation and economic work, and pointed out that "the economy is off to a good start." he stressed that "the economy continues to pick up and still faces many challenges" and "it is necessary to strengthen confidence in doing a good job in economic work." the series of arrangements provide clear guidelines for consolidating and strengthening the economic recovery.

Persist in taking advantage of the situation to avoid tightening in front and loosening in the back

In the first quarter of this year, China's economy reached 5%.HighestpowerballWith a growth rate of .3%, macroeconomic operation continued to pick up, and the Politburo meeting of the CPC Central Committee made the judgment of "a good start to the economy."

According to historical data, the size of the economy in the first quarter accounted for about 22 percent of the total economy of the whole year. A good start to the first quarter is of great significance for accomplishing the goal of economic and social development for the whole year. " Li Hui, deputy director of the National Economic Comprehensive Department of the National Development and Reform Commission, said.

But at the same time, there are still many challenges for the economy to continue to recover. According to the analysis of the meeting, the main reason is that the effective demand is still insufficient, the operating pressure of enterprises is greater, there are many hidden dangers in key areas, the domestic cycle is not smooth enough, and the complexity, severity and uncertainty of the external environment have increased significantly. At the same time, the meeting also stressed that "a good start and a rebound are the basic characteristics and trend of the current economic operation, and it is necessary to enhance confidence in doing a good job in economic work."

"this fully reflects the CPC Central Committee's comprehensive and scientific grasp of the economic situation and its dialectical thinking on doing a good job in the current economic work." Guo Liyan, deputy director of the Institute of Economics of the China Macroeconomic Academy, said: at present, we should not only adhere to problem orientation, but also strengthen confidence in development, promote the detailed implementation of various policies and measures that have been introduced, and further stabilize development expectations.

The expression of "avoid tightening in front and loosening later" attracted people's attention.

Guo Liyan analyzed that a good start to the economy has laid a solid foundation for achieving the expected target for the whole year. The requirements of the CPC Central Committee mean that we must take advantage of the situation, grasp the rhythm and range of macro-control policies, do not slacken our efforts, continue to promote the coordinated and efficient development of various policies, and effectively promote the sustained recovery of the economy.

Macro policies rely on front-end efforts to ensure effective implementation

The meeting pointed out that it is necessary to rely on forward efforts to effectively implement the macro policies that have been established.

"to rely on forward efforts, it is necessary to provide a good amount of advance and redundancy in policy reserves; for effective implementation, it is necessary to pay more attention to the effectiveness of policies, enhance the sense of achievement, and further enhance the role of macro policies in supporting and promoting high-quality development." Jin Li, vice president of Southern University of Science and Technology, said.

Following the proposal of "strengthening the consistency of macro policy orientation" proposed by the Central Economic work Conference in 2023, the meeting further stressed that "it is necessary to do a good job in assessing the consistency of macro policy orientation and strengthen expectation management."

"We should not only implement a proactive fiscal policy and a prudent monetary policy, but also include non-economic policies in the assessment of the consistency of macro policy orientation, further strengthen policy co-ordination, avoid mutual conflicts or 'synthetic fallacies', fully mobilize the enthusiasm of all parties for development, and form a joint force to promote high-quality development." Zeng Gang, director of the Shanghai Finance and Development Laboratory, said.

In terms of actively expanding domestic demand, the meeting proposed to "properly implement the action plan for large-scale equipment renewal and consumer goods trade-in", "better meet the diversified and high-quality consumption needs of the people", "further promote people-oriented new urbanization" and "fully stimulate the vitality of private investment."

Jin Li said: at present, the key is to ensure that macroeconomic policies are effective, especially to anchor major difficulties in economic development, such as insufficient effective demand, to challenge accurate and sustained efforts, and to turn policy dividends into development effectiveness as soon as possible.

Adapt measures to local conditions, develop new quality productive forces and strengthen patient capital

The meeting stressed the need to develop new-quality productive forces in accordance with local conditions, which not only reflected the consistent requirements, but also further released a clear signal of the new momentum of growth and development.

Scientific and technological innovation is the core element for the development of new productive forces. Li Gang, a researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences, believes that the meeting clearly strengthened the layout of national strategic scientific and technological forces, which further highlighted the urgency and importance of speeding up the construction of a strongly supported scientific and technological innovation system.

"the development of new-quality productive forces is not 'step by step'. We should not only base ourselves on the reality of various localities and make good use of our own conditions and endowments, but also adhere to classified guidance and precise policies among industries." Li Gang said.

The meeting put forward the idea of "actively developing venture capital and strengthening patient capital", which attracted much attention.

highestpowerball| Take advantage of the momentum to consolidate and enhance the positive trend of economic recovery. The meeting of the Political Bureau of the CPC Central Committee conveys new trends in economic development

Gao Guohua, general manager of China Investment Management Co., Ltd., believes that the cultivation of new technologies and new industries has a large investment, a long cycle, and high uncertainty, which cannot be achieved overnight, and financial credit and traditional industrial investment methods can not fully meet the needs of innovative development. Actively developing venture capital and encouraging patient capital to adhere to "long-term doctrine" are not only in line with the characteristics of industrial development, but also help to create a good industrial ecology to stimulate innovation.

"New technologies and new industries are not planned, but grow up in good 'soil'. Promoting patient capital, venture capital and scientists and entrepreneurs to 'start a business together' will further form a joint force for the development of new productive forces. " Gao Guohua said.

Unswervingly deepen reform and expand opening up

The meeting sent an important signal of "unswervingly deepening reform and opening wider to the outside world."

Guided by the reform of the economic system, China continues to deepen reform in an all-round way around the promotion of Chinese-style modernization. The meeting stressed that "building a national unified market" and "improving the market economic foundation system".

"Building a unified national market is an inevitable requirement for unblocking the domestic cycle and promoting the construction of a new development pattern, and it is also an important starting point for unleashing the potential of domestic demand and consolidating the economic recovery to a good foundation." Guo Liyan said: in accordance with the arrangements of the CPC Central Committee and the State Council, the next step is to specifically deal with outstanding problems such as local protection, market segmentation, and improper competition in attracting investment, speed up the construction of the market access system, and comprehensively evaluate the effectiveness of market access.

Since the beginning of this year, the complexity, severity and uncertainty of the external environment have increased significantly. The meeting stressed the need to actively expand trade in intermediate goods, trade in services, digital trade, and cross-border e-commerce exports, support private enterprises to expand overseas markets, and step up efforts to attract and utilize foreign capital.

Zhao Fujun, director of the comprehensive research office of the Foreign Economic Research Department of the Development Research Center of the State Council, believes that a series of arrangements for the meeting will help expand the high level of opening up to the outside world, consolidate the basic market for foreign trade and foreign investment, and help private enterprises "go global." boost market confidence.

Continuously prevent and defuse risks in key areas

To promote a sustained economic recovery, we must stick to the bottom line of risk. The meeting stressed the need to continue to prevent and defuse risks in key areas.

At present, China's real estate market is still in the process of transformation and adjustment. The meeting pointed out that we should continue to implement policies based on the city, consolidate the responsibilities of local governments, real estate enterprises, and financial institutions, earnestly do a good job in ensuring the delivery of houses, and protect the legitimate rights and interests of property buyers.

Liu Lin, a researcher at the Chinese Academy of Macroeconomic Research, said that this shows that at present and for some time to come, various localities will continue to step up efforts to stabilize real estate financing, promote the completion and delivery of projects, and protect the legitimate rights and interests of property buyers. "when housing is completed and delivered to buyers, local governments, real estate enterprises, and financial institutions should earnestly shoulder their responsibilities, implement relevant policies and measures in detail, and actively solve the contradictions existing in the process of housing delivery."

It is reported that all cities at prefecture level and above have established urban real estate financing coordination mechanisms, and have completed the promotion of two batches of "whitelist" projects, which will receive financing of nearly one trillion yuan.

The meeting also proposed to co-ordinate the study of policies and measures to digest the stock of real estate and optimize incremental housing, speed up the construction of a new model of real estate development, and promote high-quality development of real estate.

Yu Xiaofen, dean of the China Housing and Real Estate Research Institute of Zhejiang University of Technology, said that to promote high-quality real estate development, efforts need to be made in both digesting the stock and optimizing the increment. On the one hand, all localities implement policies according to the city and precision, coordinate stock and increment, and speed up the establishment of a new linkage mechanism of "people", "housing", "land" and "money" elements to promote the balance between supply and demand in the real estate market; on the other hand, efforts should be made to build good green, low-carbon, intelligent and safe houses to meet the people's new expectations for high-quality housing.

The meeting also made arrangements for the in-depth implementation of the local government debt risk resolution plan, clearly proposed to "ensure that high-risk provinces and cities and counties can not only truly reduce debt, but also achieve stable development." In addition, the meeting stressed that we should continue to promote the reform of chemical insurance in small and medium-sized financial institutions and take multiple measures to promote the healthy development of the capital market.

Effectively guarantee and improve people's livelihood

At present, China's employment remains generally stable, but the total employment pressure and structural contradictions are still prominent. The meeting stressed that we should give priority to employment, increase the income of low-and middle-income groups, and tighten the social safety net.

Chen Yongjia, deputy director of the Employment Promotion Department of the Ministry of Human Resources and Social Security, said that he will spare no effort to stabilize employment and promote development by supporting stable job expansion, expanding employment channels, supporting key groups, and strengthening precision services, and strive to achieve the employment target for the whole year.

The meeting made arrangements for consolidating and expanding the achievements of poverty alleviation, solidly promoting the all-round revitalization of rural areas, and doing a good job of production safety.

"the CPC Central Committee focuses on key areas, key groups and weak links of development, earnestly ensures and improves people's livelihood, and emphasizes promoting the upgrading and upgrading of production safety infrastructure, which will provide a more solid guarantee for the high-quality development of China's economy." Feng Wenmeng, a researcher at the Development Research Center of the State Council, said.

A good ecological environment is the well-being of the people. Feng Wenmeng analyzed that the meeting emphasized the key direction of promoting green and low-carbon development, such as strengthening the clean and efficient use of coal and the consumption and utilization of renewable energy, and speeding up the construction of a recycling system for waste materials, which can promote the green transformation of economic and social development. it is also conducive to expanding domestic demand and bringing new investment opportunities and growth momentum.

(reporter Chen Weiwei, Zhang Xinxin, Wang Youling, Wei Yukun, Yu Qiongyuan, Tang Shining) Xinhua News Agency, Beijing, April 30th