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Important statement! National Development and Reform Commission: Put consumption promotion in a more prominent position!

2024-08-01

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The State Council Information Office held a press conference on the theme of "Promoting High-quality Development" at 10 a.m. on August 1. Let's take a look at the important statements.


Positive factors and favorable conditions in economic operation are constantly accumulating

Zhao Chenxin, deputy director of the National Development and Reform Commission, said that we should take a comprehensive and dialectical view of the economic trends in the second half of the year.

On the one hand, we must see that the adverse effects of changes in the external environment have increased, domestic effective demand is insufficient, economic operations have diverged, risks and hidden dangers in key areas are still many, and there are pains in the transformation of new and old growth drivers; these difficulties and challenges are not only the impact of the intertwined external environment, but also the pains that must be experienced in the process of economic structural reform and promoting high-quality development. Looking back on the course of economic development, we will find that my country's economy has continued to grow and develop by overcoming one difficult problem after another.

On the other hand, we must also see that positive factors and favorable conditions in economic operations are also constantly accumulating.From the perspective of external opportunities, international trade growth has recovered and emerging economies have developed rapidly, which is conducive to Chinese companies to give full play to their advantages and expand international markets. From the perspective of macroeconomic policy combination, major measures such as "two heavy" and "two new" deployed by the Party Central Committee and the State Council are being accelerated. The construction of projects such as ultra-long-term special treasury bonds, central budget investment, local government special bonds, and additional treasury bonds in 2023 are all being accelerated and the physical workload is being formed. It should be said that there is still enough room for counter-cyclical policy adjustments. From the perspective of high-quality development, various regions are developing new quality productivity in accordance with local conditions. Emerging industries such as new energy vehicles are developing well. The future industries are arranged in an orderly manner, new momentum is accelerating growth and expansion, and the green transformation of development methods is also being steadily promoted. From the perspective of development vitality, the Third Plenary Session of the 20th CPC Central Committee deployed a series of major reform measures, which will effectively solve deep-seated institutional and mechanism obstacles and structural contradictions, and greatly stimulate the enthusiasm, initiative and creativity of business entities.

We are working with multiple departments to formulate a law to promote the private economy and improve the system and mechanism for private enterprises to participate in major national strategies.

Zhao Chenxin, deputy director of the National Development and Reform Commission, said at a press conference held by the State Council Information Office today that in terms of state-owned enterprise reform, the management of the state-owned economy will be strengthened and improved, a guidance system for optimizing the layout and structural adjustment of the state-owned economy will be established, and more state-owned economy will be invested in major areas such as ensuring national security, supporting scientific and technological progress, relating to national economy and people's livelihood, and providing public services.

As for the private economy, we will fully implement the opinions and supporting measures to promote the development and growth of the private economy. Currently, the National Development and Reform Commission is working with a number of departments to formulate a law to promote the private economy, protect the property rights and interests of private enterprises and entrepreneurs in accordance with laws and regulations, improve the system and mechanism for private enterprises to participate in major national strategies, and solve some urgent and difficult problems faced by business entities in market access, factor acquisition, fair law enforcement and other aspects.At the same time, we are promoting the improvement of the modern enterprise system with Chinese characteristics and promoting the formation of more world-class enterprises. Through these measures, we will promote all kinds of ownership economies to use production factors equally in accordance with the law, participate in market competition fairly, and receive equal legal protection, and promote the complementary advantages and common development of all kinds of ownership economies.

Further improve the work of securing housing

Yuan Da, deputy secretary-general of the National Development and Reform Commission, said at a press conference held by the State Council Information Office today that the next step is to resolve risks in key areas in a safe and orderly manner.We will implement new policies to promote the stable and healthy development of the real estate market, further ensure the delivery of houses, and accelerate the construction of a new model for real estate development.We will further implement the debt reduction package and improve relevant measures in a targeted manner. We will prudently handle financial risks and build a financial stability guarantee system that effectively prevents and controls systemic risks.

We will speed up the formulation and implementation of supporting policies and reform measures for "soft construction" and continue to optimize the supply of systems.

Zhang Shixin, deputy secretary-general of the National Development and Reform Commission, said that the National Development and Reform Commission insisted on "getting things done efficiently" and would work with 30 departments and units to establish and improve a working mechanism to coordinate the key tasks of "hard investment" and "soft construction" and to do a good job in all aspects of the "double-duty" construction with high quality.

In terms of "hard investment", we organize projects from top to bottom with relevant departments, strictly review and screen, give priority to major landmark projects across regions and river basins, ensure that the projects effectively promote the implementation of major national strategies, and effectively support the construction of security capabilities in key areas.At present, the first two batches of "two-heavy" construction project lists this year have been issued, mainly focusing on accelerating the realization of high-level scientific and technological self-reliance, promoting regional coordinated development, enhancing food and energy resource security capabilities, promoting high-quality population development, and comprehensively advancing the construction of a beautiful China. We are working hard to ensure that funds are in place as soon as possible and projects are started as soon as possible.

In terms of "soft construction". Adhere to the combination of project construction and supporting reforms, speed up the research and formulation of "soft construction" reform measures such as policy, planning, system and mechanism innovation, improve the investment mechanism, and improve investment efficiency. At present, a series of policy documents have been issued to promote the high-quality development of venture capital, and relevant policy measures and long-term mechanisms are being continuously improved.

Next, we will thoroughly study and implement the spirit of the Third Plenary Session of the 20th CPC Central Committee, adhere to the equal emphasis on quality and efficiency, do a solid job in organizing and screening follow-up projects, strengthen online monitoring and daily scheduling, organize on-site supervision in a timely manner, and urge the acceleration of project construction. At the same time, combined with project investment, we will speed up the formulation and introduction of supporting policies and reform measures for "soft construction", continuously optimize the supply of systems, and promote the realization of the "double" goals.

Develop new quality productivity according to local conditions and strengthen key core technology research

Yuan Da, deputy secretary-general of the National Development and Reform Commission, said that we should accelerate the construction of a modern industrial system, develop new quality productivity according to local conditions, strengthen key core technology research, vigorously develop emerging industries and future industries, promote the transformation and development of key industries and optimize and upgrade them, accelerate the elimination of backward and inefficient production capacity, promote the deep integration of the real economy and the digital economy, and effectively reduce the logistics costs of the whole society.

Putting consumption promotion in a more prominent position

Yuan Da, deputy secretary-general of the National Development and Reform Commission, said:Putting consumption promotion in a more prominent position,Promote the consumption of bulk commodities such as automobiles and home appliances,We will promote the quality and expansion of service consumption such as education, elderly care, childcare, and housekeeping, support the high-quality development of culture, sports, and tourism, and continuously optimize measures to facilitate personnel exchanges, so that foreign friends can travel in China more conveniently and comfortably. We will promote effective investment, advance the construction of 102 major projects in the 14th Five-Year Plan, accelerate the issuance and use of local government special bonds, implement a new mechanism for cooperation between the government and social capital, and further stimulate the vitality of private investment. We will coordinate new urbanization and comprehensive rural revitalization, and promote the implementation of major regional strategies.

National Development and Reform Commission: Timely launch of a number of reform measures that are mature and achievable

Yuan Da, deputy secretary-general of the National Development and Reform Commission, said at a press conference held by the State Council Information Office today that the next step is to accelerate the implementation of landmark reform measures.Timely introduce a number of reform measures that are mature, achievable and feasible.We will launch the national unified market construction guidelines, publish the new version of the negative list for market access, and create a fairer and more dynamic market environment. We will actively cultivate new drivers of foreign trade development, expand trade in intermediate products and green trade, and make greater efforts to attract and utilize foreign investment.

National Development and Reform Commission: Collaboratively promote the normalized issuance mechanism of REITs to accelerate its implementation and effectiveness

Zhang Shixin, deputy secretary-general of the National Development and Reform Commission, said at a press conference held by the State Council Information Office today that in the next step, the National Development and Reform Commission will earnestly study and implement the spirit of the Third Plenary Session of the 20th CPC Central Committee, implement the decisions and arrangements of the CPC Central Committee and the State Council, strengthen coordination and cooperation with the China Securities Regulatory Commission, and take the issuance of the "Notice on Comprehensively Promoting the Regular Issuance of Real Estate Investment Trust Funds (REITs) Projects in the Infrastructure Field" as an opportunity to carry out a series of policy publicity and interpretation, speed up the improvement of supporting system norms, organize special training and exchanges, and jointly promote the regular issuance mechanism to accelerate its implementation and effectiveness, promote the revitalization of existing assets, better promote a virtuous cycle of investment, better play the role of the capital market in serving the real economy, and help promote high-quality economic development.

Editor: Peng Bo

Proofreading: Li Lingfeng