Han Wenxiu, deputy director of the office of the central financial and Economic Commission, said at the '2021-2022 China economic annual conference' on December 11 that 'stability' is the most prominent keyword of the central economic work conference. Next year's economic work should be 'steady and seek progress while maintaining stability'. All regions and departments should shoulder the responsibility of stabilizing the macro economy. All parties should actively introduce policies conducive to economic stability and carefully introduce policies with contraction effect. The policy force should be appropriately advanced, and strive to achieve a stable start and good development of the economy next year.
China's economy continues to recover and the development trend will not change
Han Wenxiu said that China's economy has strong toughness and great potential, and there are many favorable conditions for economic development.
'For example, we have a complete industrial system, rich human resources, convenient infrastructure, a strong domestic market, surging market vitality and sufficient policy space. In particular, we have the strong leadership of the Party Central Committee and the wisdom and experience of a hundred years of struggle.' Han Wenxiu said that the trend of China's sustained economic recovery and development will not change, and the long-term fundamentals will not change. China's development is still in an important period of strategic opportunities and is fully capable of achieving stable, healthy and sustainable economic development.
The great potential of domestic demand is also the advantage. Han Wenxiu said that we should implement the strategy of expanding domestic demand, promote the sustained recovery of consumption, actively expand effective investment, and focus on the combination of steady growth, structural adjustment and benefiting the people's livelihood. We should appropriately advance infrastructure construction, increase investment in pollution and carbon reduction, new energy, new technology, new industrial clusters and other fields, expand short-term demand and enhance long-term momentum. We should strengthen the investigation and transformation of urban underground pipe networks and build a people-centered Lizi project.
Ning Jizhe, deputy director of the national development and Reform Commission and director of the National Bureau of statistics, said on the same occasion that in 2022, we must fully tap the potential of domestic demand and promote high-quality economic development.
Ning Jizhen believes that efforts should be made to expand consumer demand. Consolidate and expand basic consumption and upgrading consumption. We should combine commodity consumption with service consumption, and implement relevant measures to boost bulk consumption such as automobiles and household appliances. Expand new consumption such as information consumption and green consumption, promote the integrated development of online and offline, and speed up the connection of county rural e-commerce system and express logistics distribution system.
At the same time, we will actively expand effective investment. Ning Jizhe said that we should make good use of the investment in the central budget and the special bonds of local governments in advance. In addition, we will accelerate the major projects identified in the outline of the 14th five year plan and focus on effective investment in major projects such as 'two new and one heavy' new infrastructure, new urbanization, water conservancy and transportation and in the field of making up for weaknesses. At the same time, actively mobilize the vitality of social capital and encourage the stable development of private investment.
Han Wenxiu believes that it is necessary to correctly understand carbon peak and carbon neutralization. This is a major strategic decision made by the Party Central Committee after careful consideration, and it is also the internal requirement of high-quality development. In recent years, some places have engaged in 'carbon charging' and some have engaged in 'Sports' carbon reduction, which do not meet the requirements of the Party Central Committee. To achieve 'double carbon', we should be firm in our goal, seek progress in stability in strategy, fully consider the basic national conditions such as domestic energy structure and industrial structure, make overall planning, establish first and then break down, and can not affect the overall situation of economic and social development. Based on the basic national conditions of 'focusing on coal', we should promote the optimal combination of coal and new energy.
Further strengthen the implementation of policies
In terms of macro policies, Ning Jizhe said that in 2022, in the face of an uncertain and unstable international and domestic environment, we must continue to face market players and further strengthen policy implementation. We should implement a prudent and effective macro policy and continue to implement an active fiscal policy and a prudent monetary policy.
Han Wenxiu pointed out that macro policy is an important means of stabilizing the economy. The central economic work conference requires that macro policies should be steady and effective. 'Steady' means to maintain the continuity, stability and sustainability of policies, 'effective' means to improve the pertinence, operability and effectiveness of policies, resist the downward pressure of economy, and ensure the stability of 'six stabilities' and 'six guarantees'.
Regarding the need to continue to implement the proactive fiscal policy and prudent monetary policy next year, Han Wenxiu said that the proactive fiscal policy should raise funds through multiple channels,
Including the transfer into the budget stability adjustment fund and the special bond funds of local governments carried forward for next year, so as to maintain the necessary expenditure intensity; Increase the transfer payment to local governments and promote the sinking of financial resources; We will implement new tax and fee reduction policies and strengthen support for small, medium-sized and micro enterprises, individual industrial and commercial households and risk resolution in the manufacturing industry. Prudent monetary policy should be flexible and appropriate, and maintain reasonable and abundant liquidity.
Micro subject plays a fundamental role in macroeconomic stability and is the beneficiary and 'reader' of policy effect. Han Wenxiu said that micro policies should continue to stimulate the vitality of market subjects, such as increasing the retention and rebate of value-added tax, accelerating the depreciation of fixed assets, strengthening the protection of property rights and intellectual property rights, effectively controlling malicious arrears and malicious evasion of debts, and creating a good environment for enterprises to compete for development.
Ning Jizhe stressed that fiscal policy and monetary policy should be coordinated and linked, cross cyclical and counter cyclical macro-control policies should be organically combined, macro-control should be more forward-looking and targeted, and the policy force should be appropriately advanced. 'The effective methods we have adopted in the past few years, such as interval regulation, directional regulation, precise regulation and camera regulation, should be comprehensively applied.' He said.
In addition, Ning Jizhe believes that it is necessary to strengthen the basic housing security of residents. Real estate is a pillar industry, and housing is the consumption of residents. We should adhere to the positioning that houses are used for living rather than speculation, strengthen expected guidance, explore new development models, adhere to the simultaneous development of rental and purchase, accelerate the development of long-term rental housing market, promote the construction of indemnificatory housing, support the commercial housing market to better meet the reasonable housing needs of buyers, and promote the virtuous cycle and healthy development of the real estate industry due to urban policies.