(Economic Observation) The Political Bureau of the Communist Party of China will release three major signals from the study of economic work in 2021

  China News Service, Beijing, December 11, Wire Title: The Political Bureau of the CPC Central Committee releases three major signals from the study of economic work in 2021

  China News Agency reporter Wang Enbo

  The Political Bureau of the CPC Central Committee held a meeting on the 11th to analyze and study economic work in 2021.

Standing at the junction of the "13th Five-Year Plan" and the "14th Five-Year Plan", facing the complex and severe domestic and international environment, this meeting released three major signals.

  Facing challenges and submitting satisfactory answers

  At the beginning of 2020, the sudden new crown pneumonia epidemic has hit a deep hole in the global economy, including China.

Coordinating epidemic prevention and control, economic and social development, and repairing the impact of the epidemic has become a major examination throughout the year.

  The meeting held that in the face of severe challenges and major difficulties, we maintained strategic determination, accurately judged the situation, carefully planned and deployed, acted decisively, worked hard, and handed in an answer that is satisfactory to the people and world-renowned.

China has become the only major economy in the world that has achieved positive growth. The three major battles have achieved decisive results, significant progress has been made in scientific and technological innovation, new breakthroughs have been achieved in reform and opening up, and people's livelihood has been effectively guaranteed...

  As the closing year of the 13th Five-Year Plan, 2020 will also mark a successful conclusion to China's economic and social development in the past five years.

The meeting pointed out: After five years of hard work, China's economic strength, scientific and technological strength, comprehensive national strength and people's living standards have leapt to a new stage, the goal and task of poverty alleviation in the new era have been completed on schedule, the victory of building a well-off society in all respects is in sight, and the great revival of the Chinese nation is moving forward. A new big step has been taken.

  China's economic operation is gradually returning to normal, but the meeting also reminded that “the new crown pneumonia epidemic and the external environment still have many uncertainties. It is necessary to strengthen the awareness of opportunities and risks, scientific deployment, and implementation, and firmly grasp the initiative in economic work”.

  Better coordinate development and safety

  2021 is about to come, and it is not difficult to see through this Politburo meeting that the next year is also very critical.

  The meeting made it clear that in the coming year, China’s economy will continue to adhere to the general keynote of “seeking progress while maintaining stability”, and required “consolidate and expand the results of epidemic prevention and control and economic and social development, and better coordinate development and security”.

  In the series of specific tasks assigned by the conference, outsiders noticed that the Political Bureau of the Central Committee emphasized the need to "adhere to the strategy of expanding domestic demand, strengthen strategic support for science and technology, and expand high-level opening up."

  Ding Shuang, chief economist for Greater China and North Asia at Standard Chartered Bank, predicts that next year China will continue to exert its strengths in the hyper-scale market, including increasing the consumption power of the household sector, reducing the uneven distribution of social income, and increasing the property income of urban and rural residents. .

In the "14th Five-Year Plan" period and beyond, China will promote breakthroughs in key technology areas, improve the system for protecting intellectual property rights, and emphasize the role of enterprises in innovation, so as to accelerate the elimination of dependence on foreign technology.

  Taking reform and innovation as the fundamental driving force

  In addition to summarizing the achievements and layout for the coming year, the meeting also pointed out that reform and innovation are the fundamental driving force.

  The meeting proposed to twist the supply-side structural reforms, and at the same time pay attention to the demand-side reforms, break through blocking points, make up for shortcomings, link production, distribution, circulation, and consumption links, and form a higher level of demand-driven supply and supply-created demand Dynamic balance improves the overall effectiveness of the national economic system.

  The meeting stated that it is necessary to promote reform and opening up as a whole, strengthen the national strategic scientific and technological strength, enhance the independent controllability of the industrial chain and supply chain, form a strong domestic market, consolidate the agricultural foundation, strengthen anti-monopoly and prevent the disorderly expansion of capital, and promote the stable and healthy development of the real estate market , Continuously improve the quality of the ecological environment.

  As usual, after the meeting of the Political Bureau of the Central Committee, the Central Economic Work Conference will also open.

By then, the context of China's economic work in 2021 will be clearer.

(Finish)