Since the beginning of this year, the new challenges my country has encountered in its development have been intertwined and have exceeded expectations.

my country has scientifically coordinated epidemic prevention and control and economic and social development, steadily promoted the "six stability" and "six guarantees", and the economy has continued to recover steadily.

　　Keep the bottom line of "guarantee"

　　1.5 billion!

The latest data show that the total number of market entities nationwide has exceeded 150 million.

In recent years, in the face of complex and severe domestic and foreign situations, the Party Central Committee has clearly proposed the "six stability" and "six guarantees" policy orientation, which has elevated the market players to a more prominent position and strongly supported the healthy development of market players.

　　To stabilize growth and ensure employment, it is important to protect market players, especially small, medium and micro enterprises with a large number and a wide range of areas.

Since the beginning of this year, affected by multiple challenges such as the spread of the epidemic in many places, severe floods, rapid rise in commodity prices, and the once-tight supply of electricity and coal, small and medium-sized enterprises have increased cost pressures and increased operating difficulties.

In this regard, the Party Central Committee and the State Council have attached great importance to it, and have repeatedly deployed to increase support for market players, especially small, medium and micro enterprises, and released clear and powerful policy signals.

　　Further promote tax cuts and fee reductions, guide financial institutions to increase support for the real economy, ensure supply and price stability, strengthen power supply guarantees, support enterprises to stabilize their jobs and expand their jobs, guarantee payment for small and medium-sized enterprises, and strive to expand market demand... The series of policies revolve around market entities, helping enterprises to relieve difficulties and stimulating vitality simultaneously, which benefits both the current and the long-term, and supports the development of small and medium-sized enterprises to play a policy "combination punch."

In the first three quarters of this year, there was 910.1 billion yuan in tax cuts and fees reduction across the country, and over 90% of enterprises were satisfied with the policy of benefiting enterprises to reduce their burdens.

　　In the "six stability" and "six guarantees", employment ranks first.

When formulating macro policies this year, my country continued to adhere to the strategy of strengthening employment priority.

In the first 10 months, 11.33 million new jobs were created in cities and towns across the country, completing the annual targets ahead of schedule.

In October, the nationwide surveyed unemployment rate in urban areas was 4.9%, a decrease of 0.4 percentage points from the same period last year.

　　"The completion of the employment target ahead of schedule is largely due to our preservation of the market players. The completion of the'six stability' and'six guarantees' work objectives has ensured the sustained and stable development of China's economy." said Wen Bin, chief researcher of China Minsheng Bank .

　　According to Liu Yuanchun, the vice president of Renmin University of China, the connotation of the goals of "six stability" and "six guarantees" has changed compared with last year.

Last year’s direction was very clear. The “six stability” and “six guarantees” were mainly achieved through the prevention and control of the epidemic and the resumption of production, and corresponding ultra-conventional policies were adopted.

　　This year, the "six stability" and "six guarantees" are still important policy goals, and the implementation method has gradually shifted from super-conventional to normalized methods, mainly through the promotion of sustained economic recovery, and overall good results have been achieved.

　　Guo Liyan, director of the Comprehensive Situation Office of the China Academy of Macroeconomics, believes that thanks to a series of precise relief measures to protect market entities, various enterprises in my country have shown vigorous vitality and strong resilience.

The scale of market entities continues to grow, and investment confidence and willingness are further enhanced.

　　Build a solid foundation

　　Doing a solid job of the "six stability" and fully implementing the tasks of the "six guarantees" are related to the overall situation of economic development and social stability.

Since the beginning of this year, my country’s macroeconomic policies have maintained continuity, stability, and sustainability, improved foresight, accuracy, and effectiveness, strengthened policy coordination and anticipatory guidance, and the economy has continued to develop in a healthy and sustainable way.

　　Economic growth has been steady and rising.

According to preliminary calculations, in the first three quarters of this year, my country's GDP grew by 9.8% year-on-year, which was higher than the expected target of over 6%; the two-year average growth rate was 5.2%.

　　The development of the industry is steadily improving.

From the perspective of agriculture, the national grain output has stabilized at more than 1.3 trillion catties for seven consecutive years.

In terms of industry, the production of major industries has grown rapidly. In October, 22 of the 41 major industrial sectors rebounded from the previous month.

From the perspective of the service industry, with the improvement of the domestic epidemic prevention and control situation, the catering, accommodation, cultural and tourism service industries have successively recovered.

　　Demand for resilience is evident.

In October, the total retail sales of consumer goods increased by 4.9% year-on-year, and rebounded for two consecutive months.

Industrial upgrading and development, increased investment in people's livelihood, and the start of construction of major engineering projects during the 14th Five-Year Plan period have supported steady growth in investment.

　　The protection of people's livelihood is effective and strong.

In the first 10 months of this year, my country’s price performance was moderate, the economy continued to recover, and employment was stable and improving, laying a solid foundation for the restorative growth of residents’ income.

　　Guo Liyan said that since the beginning of this year, the "six stability" and "six guarantees" measures have been further implemented and have been effective, focusing on breaking through the blockages in production, distribution, circulation, and consumption, and speeding up the smooth circulation of the national economy.

　　Condense the power of "advance"

　　The "Tianwen-1" probe landed on Mars and the first manned mission of the space station stage was a complete success. The "Hualong-1" autonomous three-generation nuclear power unit was put into commercial operation, and the million-kilowatt hydropower unit was connected to the grid for power generation...In 2021, science and technology Innovation has been deepened, new business models and new models have continued to be active, industrial upgrading has been steadily advancing, and green smart products have accelerated growth.

On the basis of "stability" and "guarantee", China's economy has made progress and has achieved new results in high-quality development.

　　Wen Bin analyzed that due to internal and external environmental changes and base factors, the downward pressure on the economy next year will still be greater. In order to ensure that the economy operates within a reasonable range, it is necessary to intensify inter-cyclical adjustments. The "six stability" and "six guarantees" will continue to be next year. Macro policy continues to focus on the direction.

For example, in terms of fiscal and taxation policies, further structural tax cuts and fee reductions for small and micro enterprises; in terms of financial policies, under a prudent monetary policy, while maintaining reasonable and abundant liquidity, continue to increase structural support.

　　On the basis of "stability" and "security", how to "advance" better?

Liu Yuanchun said that in the future, it is necessary to balance the counter-cycle and cross-cycle, especially on the basis of steady economic recovery, to further cultivate new momentum for high-quality development.

This requires a new balance between stabilizing growth and promoting reforms, adjusting structure, and controlling risks, and finding a series of new tools and new projects that are compatible with short-term stabilization policies and the improvement of medium- and long-term growth potential. New infrastructure, major high-tech, innovation-driven layout and investment, increase the intensity of green investment, and accelerate the pace of project implementation.

　　"Insist on the general tone of the work of seeking progress while maintaining stability, based on the new development stage, adhere to the new development concept, build a new development pattern, and continue to fully implement the'six stability and six guarantees', in order to further improve the overall efficiency of the operation of the national economic system. "Guo Liyan said that we must firmly use reform and innovation as the fundamental driving force to promote the high-quality development of market entities.

Further open up the supply-demand cycle, enhance the predictability and accuracy of cross-cycle control, scientifically formulate emergency response plans, ensure food security, energy security, and mineral security, ensure that my country's economic fundamentals are more solid and stable, and move forward steadily amidst turbulent waves.

(Economic Daily News reporter Xiong Li)