(Economic Observation) Li Keqiang Dialogue with Global Entrepreneurs Releases Three Signals of China's Economy
China News Service, Beijing, September 16th, title: Li Keqiang Dialogue with Global Entrepreneurs Releases Three Signals of China's Economy
China News Agency reporter Wang Enbo
Chinese Premier Li Keqiang attended the World Economic Forum Global Entrepreneurs Special Dialogue in the Great Hall of the People on the evening of September 15 and delivered a speech and interacted with entrepreneur representatives.
In this video conversation with nearly 600 entrepreneurs around the world, he released three signals about the Chinese economy.
-China's economy has strong resilience
When introducing the current economic situation in China, Li Keqiang said that in the face of the severe impact of the epidemic on China’s economy, we have coordinated the advancement of epidemic prevention and control and economic and social development, and the economy has stabilized and rebounded. In recent months, the main indicators have maintained a stable recovery trend. The Chinese economy has strong resilience.
The fresh August economic report card provides footnotes for this.
The growth rate of industrial value added above designated size continued to pick up in the month, the cumulative growth rate became positive, the growth rate of consumption in the month turned positive, and the cumulative growth rate of fixed asset investment approached a positive turn...As the impact of the southern floods faded, global demand recovered, and domestic economic activities normalized, And credit growth continued to rebound. In August, China's economy continued to recover steadily, and most major economic indicators performed better than market expectations.
Li Keqiang emphasized that by retaining hundreds of millions of market entities, especially large-scale small and medium-sized enterprises and individual industrial and commercial households, the goal of creating more than 9 million new jobs in urban areas this year can be achieved, stabilize the economic fundamentals, and lay the foundation for future development.
——It is expected to achieve positive growth throughout the year
In the face of the epidemic, how to grasp the degree of macro-control, not only to effectively hedge the impact of the epidemic, but also to be sustainable, is a problem that all major economies are thinking about.
Li Keqiang introduced that China has used reforms to innovate the implementation of macroeconomic policies, establish a mechanism for new fiscal funds to reach the grassroots and directly benefit enterprises and people, improve the timeliness and accuracy of policy implementation, and promptly protect residents’ employment and basic people’s livelihood. , Ensure that market entities provide support.
While implementing macroeconomic policies, we will also focus on deepening the reform of "delegation, regulation and service" and optimizing the business environment, which will not only help companies relieve difficulties but also stimulate the vitality of market entities.
Take monetary policy as an example. As major central banks around the world have adopted ultra-conventional easing measures, China does not engage in flooding, but instead adheres to a stable currency based on changes in the macroeconomic, financial markets, and credit systems during the development of the epidemic. The policy is flexible and appropriate, maintaining policy strength and sustainability, and becoming one of the few major economies in the world that still implement normal monetary policies.
Although China's domestic economy is recovering steadily, there are still huge uncertainties in the external environment, and all parties are concerned about whether the macro hedging policy will relax.
Li Keqiang said that in the face of difficulties and challenges, we will focus on policy implementation in the process of maintaining a timely, powerful and reasonable macro policy. We will also improve and enrich policy connotations according to changes in the situation, and consolidate the momentum of economic stabilization.
"Through hard work, China's economic development can achieve the main annual expected goals, and the economy is expected to achieve positive growth throughout the year."
-Let the world economy "live"
Under the epidemic, protectionism and unilateralism are on the rise, and the prospects for the recovery of the world economy are unclear.
Li Keqiang said that it is necessary to jointly safeguard trade and investment liberalization and facilitation, restore the global industrial chain and supply chain as soon as possible, and make the world economy "live".
China, which is deeply integrated into the world, has been working hard for this. The 2020 China International Trade in Services Fair, which ended not long ago, is an example.
During the 6-day event, 22,000 companies and organizations from 148 countries and regions participated in the exhibition online and offline. A number of new policies and measures for opening up were released for the first time, and a large number of transaction intentions and results were reached.
Fu Chenggang, China's chief representative of the Abu Dhabi International Financial Center, who attended the meeting, told reporters from China News Agency that in the field of service trade, China has shown a strong recovery after the epidemic and can provide high-quality markets and products and services to all parties.
Currently, no economy in the world is more stable than China and has such a strong certainty under the challenge of the epidemic.
Under the new pattern of "dual cycle", the huge potential contained in China's domestic market is expected to continue to help "invigorate" the world economy.
Li Keqiang revealed that China will continue to relax market access, protect the legitimate rights and interests of foreign capital, and create a market environment where domestic and foreign companies are treated equally and compete fairly.
Under the premise of effective prevention and control of the epidemic, China will open up more "fast channels" for personnel exchanges and "green channels" for customs clearance of goods to facilitate multinational operations of enterprises.
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