In 2017, the implementation of the “Thirteenth Five-Year Plan” entered an important year, and the supply-side structural reform entered a year of deepening. From the macroeconomic situation to supply-side structural reform, from revitalizing the real economy to real estateThe market is developing steadily and healthily, and the outside world’s attention to key issues in China’s economy continues to increase. At the 2017 National Policy Advisory Working Conference held recently, experts from the Development Research Center of the State Council focused on hot economic issues and elaborated on their thinking.
In terms of the five major tasks of “three reductions, one reduction and one supplement”, Li Wei, director of the Development Research Center of the State Council, said that to reduce overcapacity, we must focus on dealing with “zombie enterprises” and pay more attention to the use of market and legal means to effectively promote resolution. Inefficient production capacity. The key to destocking is to adhere to the positioning of “houses are for living in, not for speculation”, adopt comprehensive policies based on local conditions, and accelerate the establishment of a long-term mechanism. The key to deleveraging is to actively and steadily reduce corporate leverage ratios while controlling the total leverage ratio. To reduce costs, we must continue to intensify our efforts in reducing taxes, fees, and factor costs. To remedy shortcomings, we must highlight both hard and soft weaknesses, both development and institutional weaknesses, optimize the market environment, and strengthen government services.
Intermsofagriculturalsupply-sidestructuralreform,YeXingqing,directoroftheRuralEconomicResearchDepartmentoftheDevelopmentResearchCenteroftheStateCouncil,saidthatthreefocuspointsmustbegrasped:First,agriculturalcompetitivenessmustbeimproved.Ontheonehand,wemustfightforcostsandprices,eliminatemarketdistortions,andexpandbusinessscale;ontheotherhand,wemustfightforfeaturesandfunctions,extendtheindustrialchain,ensurequalityandsafety,andexpandtheconnotationofagriculture.
YeXingqingsaidthatsecondly,wemustimprovethesustainabledevelopmentcapabilitiesofagriculture.StrengthenBigAgriculturehighlightthemanagementofenvironmentalproblems,reducetheexcessiveuseofchemicalfertilizersandpesticides,promotetheconversionandutilizationofagriculturalwaste,andreturnfarmlandtoforest,returnfarmlandtowetland,returngrazinglandtograssland,andreturnlivestocktobeach.
YeXingqingbelievesthatnewdrivingforcesforagriculturalandruraldevelopmentmustbecultivatedfromthreeaspects:people,land,andmoney.Intermsof”people”, it is necessary to optimize the structure of agricultural practitioners and cultivate new farmers such as modern young farmers, leaders of new agricultural business entities, and agricultural professional managers; attach importance to the role of “returners from the city” and guide people to return to their hometowns, return to their hometowns, and work in rural areas. rural areas, introducing modern technology, production methods and business models into rural areas.
“In the past few years, China’s economic transformation has been relatively successful in avoiding ‘stall’.” Chen, Vice Minister of the Macroeconomics Research Department of the Development Research Center of the State Council Changsheng said that currently, our country’s economy is in a critical period of turning from decline to stability, and the focus of macroeconomic control is changing from “stopping the decline” to “improving quality.”
Chen Changsheng analyzed that after six years of continuous economic adjustment in this round of economic adjustment, a positive situation emerged in 2016 with a rebound in prices, a rebound in corporate profitability and overall employment stability. Combining changes in the international economic cycle and domestic mid- and long-term trends, my country’s economic transformation may have entered the second half. The risk of a short-term sharp decline in economic growth is reduced, the power of “stability” is gradually increasing, and L-shaped growth is expected to transition from “one vertical” To “one horizontal line”.
“The current upward force and downward pressure on China’s economy are still in a weak balance state.” Chen Changsheng said that to start a new growth stage and achieve sustainable medium-to-high-speed growth, this year still needs to be dealt with cautiously The uncertainty of the international economy has accumulated positive conditions, promoting the continued stabilization of manufacturing investment, the stabilization of PPI, and continuing to enhance the willingness of enterprises to replenish inventories.
With regard to the basic systems and long-term mechanisms that promote the stable and healthy development of the real estate market, the State Council Development Research Wang Wei, director of the Central Institute of Market Economics, believes that it is necessary to improve the housing supply system, promote the balance between supply and demand of commercial housing, develop a multi-level housing market, standardize and promote the development of the secondary housing market and rental market, and provide public rental housing security.
Wang Wei believes that it is necessary to reform the land supply methods and systems, establish a land supply and demand balance mechanism, promote land supply to adapt to population growth, improve urban land use efficiency, and improve the real estate financial system. Establish an adjustment mechanism to stabilize the housing financial environment; strengthen financial supervision of real estate development and the land purchase fund review system; improve policy-based housing finance policies.
�� Wang Wei said that it is necessary to improve fiscal and tax adjustment and support policies, increase financial support, improve tax adjustment in transaction links, and promote real estate tax reform in a timely manner.
(Original title: Experts say the power of economic “stability” is gradually increasing)
(Editor: DF319)
