Put steady growth in a more prominent position and dig deep into the potential to enhance the driving force for development

| gov.cn

Xinhua News Agency, Beijing, 15 Nov (Reporter Ban Juanjuan) on 15 November, the "Economic reference News" published a report entitled "putting stable growth in a more prominent position and tapping the potential to enhance the driving force for development." On November 14, 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 on the economic situation and ensuring the basic livelihood of some provinces in Nanchang, Jiangxi Province, the article said.

Li Keqiang said: since the beginning of this year, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at the core, China's economic operation has maintained overall stability under a complex and grim environment, and is still the bright spot of the world economy. While strengthening confidence, we should also see an increase in the current unfavorable external environment and the dilemma of domestic development. As far as the regional economy is concerned, the trend is obviously divided, the growth rate of some local industry, investment and other indicators has declined rapidly, the momentum of development has weakened, and there is greater pressure on fiscal revenue and expenditure and on ensuring people's livelihood. We should be better prepared for the difficult challenges we face. It is necessary to adhere to the guidance of Xi Jinping's thought of socialism with Chinese characteristics in the new era, implement the spirit of the fourth Plenary session of the 19th CPC Central Committee, persist in reform and innovation, and give full play to the enthusiasm of the central and local governments. In connection with the actual implementation of the decision-making arrangements of the CPC Central Committee and the State Council, we will make greater efforts to do a good job in the "six stability" work. It is necessary to put stable growth and maintaining economic operation in a more prominent position in a reasonable range, which is an important basis for achieving this year's main goals and tasks and promoting high-quality development.

Li Keqiang said: to maintain steady economic development, we should pay close attention to the implementation of policies. All localities and departments must enhance their sense of urgency, take the initiative, resolutely oppose laziness, innovate ideas, and strive to make progress. All localities should make good use of national policies and actively solve development problems. Seizing the opportunity of issuing the special debt line of local governments in advance and reducing the minimum capital ratio of some infrastructure projects, speeding up the construction of short board projects, forming more physical workload, and promoting effective investment and industrial upgrading, We will strengthen the planning and preparation of major projects and promote the commencement of construction as soon as possible. All relevant departments should focus on the expectations of enterprises and localities, come up with more targeted measures, and form a joint force to promote development.

Li Keqiang said: it is necessary to tap the potential to enhance the driving force for development. All localities should put pressure on themselves, make greater efforts to promote the reform of "release, management, and service," and further unleash the potential of institutional and mechanism innovation to promote development. Against the international and domestic advanced level, we should actively promote the construction of market-oriented, legalized and internationalized business environment in accordance with local conditions, which is also the embodiment of regional competitiveness. At the same time, it is necessary to strengthen the support of new momentum to the economy, further unleash huge market potential, support the development of advanced manufacturing and emerging services, encourage enterprises to make greater efforts to improve supply, launch new products and services, and expand space for development.

Li Keqiang said: it is necessary to earnestly safeguard the basic livelihood of the people, do their best, do what they can, and promote economic development and improvement of the people's livelihood to promote each other. In the case of increasing downward pressure on the economy, in particular, we should give priority to employment, do a good job in the employment services of key groups such as college graduates and migrant workers, and strengthen guidance and help expand channels for migrant workers returning home to start their own businesses. We will persist in living a tight life by the government, focus on ensuring the basic livelihood of the people, ensure that pensions are paid in full and on time, and do a good job in ensuring the basic livelihood of the people in need. At the end of the year and the beginning of the "two seasons", it is necessary to step up efforts to clear the wages of migrant workers to prevent new arrears. All localities should earnestly do a good job in ensuring the price of pork and other necessities of life and warming the masses for the winter. At the same time, we should pay attention to tapping the potential for development from meeting the expectations of the people's livelihood, do a good job in major livelihood projects, and do a good job in providing for the aged, childcare, medical care, and other practical things.

Liu Zhe, vice president of the Huanbo New Economic Research Institute, told the Economic Information News that during the critical period of economic transformation, there was greater downward pressure on the growth rate of the traditional real estate industry and the traditional manufacturing industry. There are positive signs in areas such as high-end manufacturing, modern services and rural consumption. China's high-quality economic development depends more on new momentum and new supply. In the next step, we need to continue to push forward the supply-side structural reform, tap the dividends of new elements such as talents and technology, continuously optimize the business environment by means of reform, focus on institutional issues, and stimulate the vitality of micro-subjects. We will increase counter-cyclical investment, make up for the shortcomings of people's livelihood infrastructure, and support investment growth at a relatively stable level.

"provinces with large economic and industrial structure differences and greater economic difficulties generally account for a relatively high proportion of cyclical heavy industry, a relatively high proportion of export-oriented industries, a relatively high proportion of real estate-related income, and a higher level of local government debt. Therefore, local governments should actively make use of local natural resources, population resources and regional advantages to achieve economic transformation by grafting new technologies and new industries. " Zhang Jun, chief economist at Morgan Stanley Huaxin Securities, told the Economic Information News.

Put steady growth in a more prominent position and dig deep into the potential to enhance the driving force for development

| gov.cn

Xinhua News Agency, Beijing, 15 Nov (Reporter Ban Juanjuan) on 15 November, the "Economic reference News" published a report entitled "putting stable growth in a more prominent position and tapping the potential to enhance the driving force for development." On November 14, 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 on the economic situation and ensuring the basic livelihood of some provinces in Nanchang, Jiangxi Province, the article said.

Li Keqiang said: since the beginning of this year, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at the core, China's economic operation has maintained overall stability under a complex and grim environment, and is still the bright spot of the world economy. While strengthening confidence, we should also see an increase in the current unfavorable external environment and the dilemma of domestic development. As far as the regional economy is concerned, the trend is obviously divided, the growth rate of some local industry, investment and other indicators has declined rapidly, the momentum of development has weakened, and there is greater pressure on fiscal revenue and expenditure and on ensuring people's livelihood. We should be better prepared for the difficult challenges we face. It is necessary to adhere to the guidance of Xi Jinping's thought of socialism with Chinese characteristics in the new era, implement the spirit of the fourth Plenary session of the 19th CPC Central Committee, persist in reform and innovation, and give full play to the enthusiasm of the central and local governments. In connection with the actual implementation of the decision-making arrangements of the CPC Central Committee and the State Council, we will make greater efforts to do a good job in the "six stability" work. It is necessary to put stable growth and maintaining economic operation in a more prominent position in a reasonable range, which is an important basis for achieving this year's main goals and tasks and promoting high-quality development.

Li Keqiang said: to maintain steady economic development, we should pay close attention to the implementation of policies. All localities and departments must enhance their sense of urgency, take the initiative, resolutely oppose laziness, innovate ideas, and strive to make progress. All localities should make good use of national policies and actively solve development problems. Seizing the opportunity of issuing the special debt line of local governments in advance and reducing the minimum capital ratio of some infrastructure projects, speeding up the construction of short board projects, forming more physical workload, and promoting effective investment and industrial upgrading, We will strengthen the planning and preparation of major projects and promote the commencement of construction as soon as possible. All relevant departments should focus on the expectations of enterprises and localities, come up with more targeted measures, and form a joint force to promote development.

Li Keqiang said: it is necessary to tap the potential to enhance the driving force for development. All localities should put pressure on themselves, make greater efforts to promote the reform of "release, management, and service," and further unleash the potential of institutional and mechanism innovation to promote development. Against the international and domestic advanced level, we should actively promote the construction of market-oriented, legalized and internationalized business environment in accordance with local conditions, which is also the embodiment of regional competitiveness. At the same time, it is necessary to strengthen the support of new momentum to the economy, further unleash huge market potential, support the development of advanced manufacturing and emerging services, encourage enterprises to make greater efforts to improve supply, launch new products and services, and expand space for development.

Li Keqiang said: it is necessary to earnestly safeguard the basic livelihood of the people, do their best, do what they can, and promote economic development and improvement of the people's livelihood to promote each other. In the case of increasing downward pressure on the economy, in particular, we should give priority to employment, do a good job in the employment services of key groups such as college graduates and migrant workers, and strengthen guidance and help expand channels for migrant workers returning home to start their own businesses. We will persist in living a tight life by the government, focus on ensuring the basic livelihood of the people, ensure that pensions are paid in full and on time, and do a good job in ensuring the basic livelihood of the people in need. At the end of the year and the beginning of the "two seasons", it is necessary to step up efforts to clear the wages of migrant workers to prevent new arrears. All localities should earnestly do a good job in ensuring the price of pork and other necessities of life and warming the masses for the winter. At the same time, we should pay attention to tapping the potential for development from meeting the expectations of the people's livelihood, do a good job in major livelihood projects, and do a good job in providing for the aged, childcare, medical care, and other practical things.

Liu Zhe, vice president of the Huanbo New Economic Research Institute, told the Economic Information News that during the critical period of economic transformation, there was greater downward pressure on the growth rate of the traditional real estate industry and the traditional manufacturing industry. There are positive signs in areas such as high-end manufacturing, modern services and rural consumption. China's high-quality economic development depends more on new momentum and new supply. In the next step, we need to continue to push forward the supply-side structural reform, tap the dividends of new elements such as talents and technology, continuously optimize the business environment by means of reform, focus on institutional issues, and stimulate the vitality of micro-subjects. We will increase counter-cyclical investment, make up for the shortcomings of people's livelihood infrastructure, and support investment growth at a relatively stable level.

"provinces with large economic and industrial structure differences and greater economic difficulties generally account for a relatively high proportion of cyclical heavy industry, a relatively high proportion of export-oriented industries, a relatively high proportion of real estate-related income, and a higher level of local government debt. Therefore, local governments should actively make use of local natural resources, population resources and regional advantages to achieve economic transformation by grafting new technologies and new industries. " Zhang Jun, chief economist at Morgan Stanley Huaxin Securities, told the Economic Information News.










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