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The two nationwide conferences are about to be held. What economic signals are discussed by the State Council to discuss the "Government Work Report"?| Macroeconomics

2024-02-24 15:25:20

Text/"Tsinghua Financial Review" Ding Kaiyan

According to the plan, the Second Session of the 14th National Peoples Congress will be held in Beijing on March 5, 2024.The meeting was requested for review.Because the "Government Work Report" is an important guidance for the development of various economic development indicators, determining the development of national and economy and peoples livelihood development plans for the whole year, and outlined the direction of economic and social development in the new year. The annual "Government Work Report" content has attracted much attention.In particular, 2024 is the 75th anniversary of the founding of New China, and it is also a key year for achieving the "14th Five -Year Plan" planning goals. This years "Government Work Report" is even more expected.

Before the National Peoples Congress was reviewed, Prime Minister Li Qiang of the State Council held a meeting many times to discuss the content of the "Government Work Report". From the current public discussion direction, the involved involvedEconomic issues include the use of macro -policy orientation consistency assessment mechanisms, enhancing the consistency of macro policy orientation, and stimulating the vitality of various business entities.Prior to the official announcement of the "Government Work Report", in response to the issue of how the economy did in 2024, authoritative departments such as the Ministry of Finance, the Central Bank, and the Ministry of Housing and Construction also expressed intensively, revealing important signals this years economic work.

According to the plan, the Second Session of the 14th National Peoples Congress will be held in Beijing on March 5, 2024.The day was held in Beijing.The "Government Work Report" will be submitted to the Fourteenth National Peoples Congress for review on March 5.

This years "Government Work Report" officially submitted the review before the National Peoples Congress was reviewed, and the Premier Li Qiang held a meeting on January 23, January 24, and February 18 respectively to discuss "The content of the government work report involves a number of economic issues in the relevant discussion.

Active fiscal policy should be moderate, improve quality, improve quality and efficiency, and stable monetary policy must= "2GKOU7DJ"> On the afternoon of January 23, the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China and Prime Minister of the State Council chaired representatives of experts, entrepreneurs, and textual and healthy signs in areas to listen to the opinions of the "Government Work Report (Draft for Opinions)".suggestion.At this symposium, Ma Haitao, Li Yanhong, Yan Jianwen, Li Luming, Wang Xiaoyun, Wang Chunfa, Liu Zhen, and Zhang Yuzheng successively spoke.

At this meeting, Li Qiang emphasized that it is necessary to fully implement the decision -making and deployment of the Party Central Committee and do a good job in the economic and social development of this year.To better play the role of macro -control, active fiscal policies must be moderate, improve quality and efficiency, and stable monetary policy must be flexible, moderate, accurate and effective, enhance the consistency of macro policy orientation, and effectively consolidate and enhance the economic recovery to a good situation.It is necessary to adhere to the deepening of reform and opening up, stimulate the vitality of various business entities, accelerate the construction of a national unified market, continue to create a first -class business environment for marketization, rule of law, and internationalization, and continuously enhance the motivation and vitality of development.It is necessary to closely combine the expansion of domestic demand with Huimins livelihood, and pay more attention to cultivating new economic growth points in meeting the needs of multi -level diversified peoples livelihood, and better meet the needs of residents in housing, education, medical treatment, culture, sports, tourism and other aspects., Continuously enhance the peoples sense of happiness and security.

Scientifically grasp the situation at home and abroad, see the long -term development of our country

On the afternoon of January 24th, the CCPLi Qiang, member of the Standing Committee of the Political Bureau of the Central Committee and Prime Minister of the State Council, hosted a symposium in Beijing to hear the opinions and suggestions from the heads of the Central Committee of the Democratic Party and the National Federation of Industry and Commerce and the representatives of non -parties of the National Industry and Commerce Federation of Industry and Commerce.

At the symposium, Li Qiang emphasized that this year is the 75th anniversary of the founding of the Peoples Republic of China and a key year for achieving the "14th Five -Year Plan" target task.It is necessary to scientifically grasp the situation at home and abroad, not only to see the long -term development of my countrys long -term development, and always enhance confidence and confidence, but also see the complexity, severeness, and uncertainty of the external environment. We always maintain a sober mind and concentrate on our own affairs.It is necessary to comprehensively implement the decision -making and deployment of the Party Central Committee, focusing on the key tasks of economic and social development, deepen research on group strategies, and effectively promote the implementation of work.

Use a good macro policy orientation consistency assessment mechanism

Premier Li Qiang of the State Council hosted the State Council on February 18The third plenary session discussed the government work report of the 14th National Peoples Congress for review, and mobilized the opening of the year.

At this meeting, Li Qiang emphasized that it can improve efficiency and strengthen joint efforts, further enhance the global awareness, the overall concept, take the initiative, Improve the "efficiency to do one thing" in government services, establish and improve the implementation of closed -loop management mechanisms, and continuously improve the overall administrative effectiveness.

Authoritative department interpretation: How does Chinas economy do this year?

While discussing the direction of economic development in 2024 in the "Government Work Report", in response to the issue of how to do the economy in 2024, the Ministry of Finance, the Central Bank, and the Ministry of Housing and Construction DepartmentAlso densely, it involves a number of hot issues.

The Ministry of Finance: deficit management, tax reduction and fee reduction, etc. are a powerful policy tool to deal with economic cyclical fluctuations

"Degene management, tax cuts, etc. are a powerful policy tool to cope with economic cyclical fluctuations, which has played an important role in economic stable growth in these years."The financial policy tools in the policy tool box are sufficient. This year, policy tools such as adding government bonds, local government general debt, and local government special debt will be used to increase the overall planning of fiscal funds, appropriately increase the scale of fiscal expenditure, and better play the demand for domestic demand.Promote the role of economic cycle, consolidate and enhance the rise of economic recovery.

The previous national fiscal work conference held to strictly implement the standardized debt measures, increase the resolution of hidden debt, resolutely prevent new hidden debt, improve the long debt lengthEffective mechanism to effectively prevent and resolve local debt risks.

Central Bank: Further improve the effectiveness of monetary credit policy guidance, do a good job of five major articles in technology finance, green finance, inclusive finance, pension finance, and digital finance

Zou Lan, director of the Monetary Policy Department of the Peoples Bank of China, said that in 2024, basic currency distribution instruments such as open market operations, interim loan convenience, re -loan reimbursement, reserves and other basic currencies will be used.The short -term fluctuation of interest rates provides a strong support for the rational growth of social financing and the rational growth of monetary credit.At the same time, guiding financial institutions to strengthen liquidity risk management, maintain the smooth operation of the currency market, and provide a good monetary policy environment for consolidating and enhancing the rise of the economy.

In recent years, the Peoples Bank of China has innovatively launched a number of structural monetary policy tools to promote key areas and weak links that need to be supported in the medium- and long -term support for financial resources."This year, we must further improve the effectiveness of monetary credit policy guidance, and do a good job in five major articles on science and technology finance, green finance, inclusive finance, pension finance, and digital finance to serve high -quality development." Zou Lan said.

Ministry of Housing and Construction: Guide the local area of urban real estate financing coordination mechanisms

The relevant person in charge of the Ministry of Housing and Urban -Rural Development introducedThis year, we will continue to grasp the stable work of protecting the peoples livelihood, strengthen pre -sale fund supervision, and prevent new delivery risks; in conjunction with the State Administration of Financial Supervision and Administration, guide localities to establish a coordination mechanism for urban real estate financing, coordinate and solve the existence of existence in real estate financing.Difficulties and problems; implement the responsibility of the urban government and the urban government where the housing enterprise headquarters is located, and resolutely recover the extracted pre -sale funds.

The relevant person in charge of the Peoples Bank of China said that this year will strengthen the monitoring and analysis of the operation of the real estate market. Due to the accurate implementation of the citys policyThe demand for financing, do a good job in the implementation of "16 Finance" and financial support for affordable housing construction, the construction of public infrastructure construction, and urban village reconstruction.

Responsible editors 丨 Ding Kaiyan

School pair 丨 Lan Yinfan

preliminary review 丨 Xu Lanying

Final Appeal 丨 Zhang Wei

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