China News Service, Beijing, December 19 (Reporter Chen Su) Han Wenxiu, deputy director of the Office of the Central Committee of Finance and Economics, stated on the 19th that China’s average economic growth rate for this year and next is around 5%. Although the numbers are good-looking, “the days are not easy. ".
At the "2020-2021 China Economic Annual Conference" held that day, Han Wenxiu interpreted the just-concluded Central Economic Work Conference.
He said that this year China has encountered a truly rare triple compound shock. The first is the sudden outbreak of the new crown pneumonia epidemic, which has not been seen in a century, and the economic operation was once suspended. The second is the world economy has fallen into the worst recession since World War II. The third is international unilateralism and protection. Doctrine and bullying have acted recklessly, and the containment and suppression China is facing has escalated significantly.
In the face of historical shocks, the Chinese government has maintained its determination and taken decisive actions to achieve outstanding results in the overall planning of epidemic prevention and control and economic and social development.
Han Wenxiu said that China took the lead in containing the epidemic, resuming production and resuming work, taking the lead in realizing the economic growth from negative to positive, and becoming the only major economy to achieve positive growth. The total annual economic volume will exceed 100 trillion US dollars, which is expected to increase by 2%. Around this time, its share in the world economy will rise from 16.3% last year to about 17.5%.
Looking forward to next year, Han Wenxiu said that the world economy is expected to recover growth, but the recovery is unstable and uneven. The foundation for China's economic recovery is not yet solid, and the task of preventing and deflating risks remains arduous.
"From the average of this year and next, China's economic growth rate is around 5%. The numbers are good-looking, but life may not be easy, and economic development still faces more uncertainties." Han Wenxiu said that the analysis of the economic situation should be combined with micro-agents. To grasp the actual situation, the macro data next year may look better, but the micro level may not be so glamorous. After many small and medium-sized enterprises have experienced the impact of the epidemic, it can be said that they have recovered from a serious illness and need continuous policy support to restore their vitality.
To grasp the room for future policy, after the implementation of the social security payment policy this year, the pressure on the revenue and expenditure of the social security fund has increased significantly, financial support for the real economy has also taken some major measures, and the macro leverage ratio has risen sharply.
"These measures are necessary, but long-term sustainability must also be considered."
Han Wenxiu pointed out that next year's macro policy should maintain continuity, stability and sustainability. When the economy resumes normal operation, the macro policy will gradually return to normal. Macro policies should increase support for technological innovation, green development, small and micro enterprises, and at the same time handle the relationship between economic recovery and risk prevention, maintain a basically stable macro leverage ratio, replenish bank capital through multiple channels, and focus on deepening the supply-side structure Reform, focus on promoting reform and innovation, and at the same time release China’s huge domestic demand potential through demand-side management, build a new development pattern, comprehensively promote reform and opening up, and lay a good foundation for the sustainable recovery of high-quality economic development. The "14th Five-Year Plan" started well. (Finish)