How to stabilize the economy at present? This will send an important signal.
With the release of national economic data in October, Li Keqiang, member of the standing Committee of the political Bureau of the CPC Central Committee and premier of the State Council, presided over a forum of experts and entrepreneurs on the economic situation on the 12th to study and judge the current economic situation. It also sends out three major policy signals about the next step in economic work.
The achievements are not easy to come by, and the challenges can not be ignored
Global economic growth has slowed and external instability and uncertainty have increased. Under the complex and severe internal and external situation, China's GDP grew 6.2% in the first three quarters, which is still among the highest among the major economies in the world.
On 12 November, Li Keqiang, member of the standing Committee of the political Bureau of the CPC Central Committee and premier of the State Council, presided over a forum of experts and entrepreneurs on the economic situation in Beijing to listen to opinions and suggestions on the current economic situation and the next step in economic work.
Li Keqiang said at the forum that China's economy "remains in a reasonable range." He also pointed out that the rapid and steady growth of such a large economy in China in terms of a high base is in itself an advance, and the achievements are not easy to come by.
There are many footnotes to the current stability of China's economy. Employment, for example, seen as a "barometer" of economic operations, is generally stable. From January to September, 10.97 million new jobs were created in cities and towns, which has basically met the employment target for the whole year. 4.03 million unemployed people in cities and towns were re-employed and 1.33 million people with employment difficulties were employed, all of which remained at a relatively high level.
Zhang Yi, director of the Department of population and Employment Statistics of the National Bureau of Statistics, said that despite the increasing pressure from the economic downturn, the unemployment rate of urban surveys this year has been higher than that of the same period last year, but by age. The unemployment rate of the main working-age population aged 25-59 is below 5.0% each month, and the employment situation is generally stable.
At the same time, new economic momentum is also growing. In the first three quarters, the contribution rate of the service industry to national economic growth was 60.6%, 24.3 percentage points higher than that of the secondary industry, and 3.7 percentage points higher than that of the secondary industry. Its role in supporting the stable growth of the national economy has been continuously strengthened.
However, the challenges facing China's economy cannot be ignored. In the recent consumer price index (CPI) rose to a high level affected by pork prices, manufacturing purchasing manager index (PMI), consumption and other economic indicators fluctuations intensified under the background of macro-control how to play the test.
In this regard, Li Keqiang pointed out: the current external environment is becoming more complex and grim, the downward pressure on the domestic economy has increased, the prices of some products such as pork have risen rapidly, and the difficulties in the operation of enterprises have increased. We must enhance our awareness of suffering and the spirit of practical work. He also stressed the need to "take development as the basis and key to solving all problems."
Implement accurate regulation and control, and make moves in three aspects.
With the increase of internal downward pressure and the complexity of the external environment, the importance of achieving stable growth through accurate regulation and control has become increasingly prominent. According to the information released at the forum, officials will act in three ways.
-- maintaining the stability of macro policies and making more effective use of the counter-cyclical adjustment tools of macro policies
At present, stable growth and maintaining economic operation in a reasonable range has been put in a more prominent position. However, while various departments and fields have issued their cards one after another, it is also necessary to strengthen policy coordination and coordination. The third quarter regular meeting of the Central Bank Monetary Policy Committee pointed out that it is necessary to innovate and improve macro-control, strengthen counter-cyclical regulation, strengthen macro-policy coordination, and form a joint force.
As Liu Xuezhi, a senior researcher at the Financial Research Center of the Bank of Communications, reminded, different policies should be focused on according to their own characteristics, and every policy tool should not be allowed to cover all aspects, so as to avoid interlacing and amplifying the superposition effect of policies.
To this end, the forum proposed that it is necessary to improve fiscal, monetary, employment, regional and other policies, timely and appropriate regulation and control, improve policy coordination, transmission and implementation mechanisms, and enhance effectiveness and sustainability.
At the same time, the forum also directly "named" some key tasks in the current economic work. For example, strengthen the support to the real economy, especially the small and micro, private enterprises, to boost market confidence; We will optimize the use of special debts by local governments, encourage social funds to invest more in areas such as making up for shortcomings and benefiting the people's livelihood, expand effective investment, and enhance the endogenous driving force for development.
Progress has been made in related work in the near future. The latest data from the Banking and Insurance Regulatory Commission show that at present, the financial services of private small and micro enterprises have been further improved. The loan balance of inclusive small and micro enterprises has exceeded 11 trillion yuan (RMB, the same below), and the balance of loans and the number of loan accounts have increased by "two." The cost of comprehensive financing has fallen by more than 1 percentage point. In terms of bond investment, banks and insurance institutions invested more than 5.3 trillion yuan in new bonds in the first 10 months, and the proportion of local government special bonds invested in total special bonds exceeded 80%, which strongly supported the issuance of special bonds.
Persisting in promoting reform and opening up and stimulating market vitality and social creativity
Reform and opening up is a unique way to boost China's rapid economic growth for decades. In the face of the current situation, it is still the magic weapon to overcome the challenges.
In the past year, China has made continuous progress on the road of institutional opening up. Through the foreign investment law, it has promulgated regulations on optimizing the business environment, and established basic institutional norms for the business environment in which all kinds of market entities are treated equally. Thanks to a series of reforms, China's business environment is now ranked 31st in the world.
However, there are still "stumbling blocks" on the road to the business environment that need to be removed. Li Keqiang also spoke bluntly at the previous teleconference on deepening "release and management clothing" reform and optimizing the business environment: at present, there are still many market access restrictions, examination and approval permits, and unreasonable management measures. It affects the investment and innovation of enterprises and the masses.
Under such circumstances, the forum stressed: in accordance with the requirements of the "regulations on optimizing the Business Environment," we will promote the reform of "release, management, and clothing" to make greater breakthroughs and break the hidden threshold for enterprises to invest and start a business.
As far as opening wider to the outside world is concerned, the second Expo, which has just concluded, is only one step away from the Regional Comprehensive Economic Partnership Agreement ((RCEP),), which has repeatedly declared to the world that China adheres to the basic national policy of opening up to the outside world. We will adhere to the firm attitude of opening up to the outside world to promote reform, development and innovation, and continue to push forward the opening up to the outside world at a higher level.
In this regard, Li Keqiang mentioned that it is necessary to promote a high level of opening up to the outside world, support enterprises to seize the opportunity of the continuous introduction of China's opening up measures and reach a consensus on the "Regional Comprehensive Economic Partnership Agreement," and actively participate in international competition and cooperation.
-- better protect and improve people's livelihood
Recently, the hottest topic of livelihood is pork.
In response to this, Li Keqiang said that it is necessary to take more measures to stabilize agricultural production, speed up the resumption of pig production, abolish unreasonable restrictions on raising pigs, and adopt multiple measures to ensure market supply and curb the excessive rise in the prices of some products.
In fact, since August 21, Li Keqiang has chaired four executive meetings of the State Council in more than two months, focusing on the issue of stabilizing meat prices and protecting people's livelihood. In this context, various departments of the State Council have also recently launched a campaign to stabilize pork prices and support pig production.
On November 11, the Ministry of Agriculture and Village held an executive meeting to stress that it is necessary to make every effort to restore pig production, urge all localities to strictly implement the provincial general responsibility and the "vegetable basket" mayor responsibility system, and promote the policies that have been introduced to take effect as soon as possible. We will strengthen monitoring, early warning, and evaluation of pig production, guide and stabilize market expectations, and strive to promote the production of pork substitutes such as poultry, beef and mutton, aquatic products, and so on.
On November 12, Sun Meijun, deputy director of the State Administration of Market Supervision and Administration, said at a routine policy briefing under the State Council that the higher the pork price, the more supervision should be strengthened to prevent inferior meat from entering the market. She revealed that since the beginning of this year, a total of 23000 batches of pork products have been sampled nationwide, and the overall qualified rate of samples is 99.5%. The quality and safety of pork products is guaranteed.
Zhu Zengyong, an associate researcher at the Chinese Academy of Agricultural Sciences, believes that with the heavy punch of a number of measures, there are clear signs of recovery in pig production capacity in China, and that the long-term rise in pork prices is not sustainable. It is expected that by next year, as supply gradually increases, pork prices will gradually return to reasonable prices. (Wang Enbo)