[Explanation] On October 20, the National Development and Reform Commission held a regular October press conference.

When talking about the unfinished report of the chip project that has attracted attention recently.

Meng Wei, a spokesperson for the National Development and Reform Commission, said that China’s enthusiasm for investing in the integrated circuit industry continues to rise. Some "three-nos" companies with no experience, no technology, and no talents have joined the integrated circuit industry, and even some projects have stalled and their factories have become vacant. Waste of resources.

In response to the current chaos in the industry, the National Development and Reform Commission will report and account for those that cause major losses or cause major risks.

  [Concurrent] Meng Wei, Spokesperson of the National Development and Reform Commission

  Establish a long-term working mechanism of "early sorting, early detection, early feedback, and early disposal", strengthen risk warning, strengthen communication and coordination with banking institutions, investment funds, etc., and reduce investment risks in major integrated circuit projects.

Guide local governments to strengthen their awareness of the risks of major project construction, and in accordance with the principle of "who supports them, who is responsible", those who cause major losses or trigger major risks will be notified and held accountable.

  [Commentary] At the meeting, a reporter asked, during the National Day and Mid-Autumn Festival that just passed, cultural tourism and other consumption performed well.

How does the Development and Reform Commission evaluate?

Meng Wei said that consumer demand will be concentrated during the National Day Golden Week in 2020, and market sentiment will pick up steadily, further consolidating the good momentum of consumption recovery.

The movie box office still reached the highest level of National Day Golden Week in the past years under certain control of attendance.

  [Concurrent] Meng Wei, Spokesperson of the National Development and Reform Commission

  One is the steady growth of essential consumer goods, and the rapid growth of upgraded products.

Especially during the "Eleventh" Golden Week, the sales of key monitored vehicles in Beijing, Zhejiang, and Yunnan increased by 23.5%, 20.3% and 14.1% year-on-year respectively.

Second, offline consumption continued to rebound, and online consumption maintained rapid development.

The third is to accelerate the resumption of business and market.

During the "Eleventh" Golden Week, the average daily sales of national retail and catering key monitoring companies increased by 4.9% year-on-year, domestic tourist arrivals and tourism revenue recovered 79.0% and 69.9% year-on-year, respectively. Movie box office attendance was under certain control It still reached the high level of previous Golden Weeks, the consumption rebound is obvious, and the consumer confidence is further improved.

  [Commentary] Meng Wei said that the National Reform Commission will firmly implement the strategy of expanding domestic demand in the next step, creating a good consumption environment will continue to promote the development of new consumption, promote the continuous growth of consumption of bulk goods and services, and encourage localities to introduce policies to promote the replacement of old cars.

  [Concurrent] Meng Wei, Spokesperson of the National Development and Reform Commission

  Promote the transformation and upgrading of consumption of automobiles and home appliances, promote the shift from restricted automobile purchases to guided use, encourage local governments to introduce policies to promote the replacement of old automobiles, promote the construction of parking lots and roadside parking facilities upgrades in major public buildings, and improve the recycling and treatment of waste home appliances The system supports the development of home appliances trade-in activities and promotes the consumption of home appliances.

Actively develop housing rental consumption to meet residential housing needs.

  Reporter Liu Xuanting reports from Beijing

Editor in charge: [Li Yuxin]