A series of policies and measures to stabilize investment and promote consumption have been introduced one after another—
expanding domestic demand and strengthening economic fundamentals.
Our reporter Gu Yang
Recently, 8 national computing power hub nodes including Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area, Chengdu-Chongqing, Inner Mongolia, Guizhou, Gansu and Ningxia have been officially approved.
At this point, the overall layout of the national integrated big data center system has been completed, and the much-watched "East and West" project has been officially launched.
Carrying out infrastructure investment moderately ahead of time is one of the important measures to expand domestic demand at present.
Since last year, my country has introduced a series of policies and measures to stabilize investment and promote consumption. The consumer market has continued to recover and investment has maintained a growth trend.
"At present, domestic demand is still the main driving force for economic development. my country will continue to firmly implement the strategy of expanding domestic demand, further strengthen the economic fundamentals, and enhance the endogenous driving force for development." Yuan Da, director of the General Department of the National Development and Reform Commission, said.
Favorable conditions for expanding domestic demand continue to accumulate
Since last year, my country's economy has maintained steady and rapid growth, the market size has continued to expand, and the level of supply has continued to improve. In particular, a series of policies and measures to stabilize growth and expand domestic demand have been implemented, which has laid a solid foundation for the development of domestic demand.
Data show that in 2021, my country's GDP will exceed 114 trillion yuan, an increase of 8.1%; per capita GDP will exceed 12,000 US dollars, and the commodity consumption market will rank second in the world.
In addition, the urbanization rate of my country's permanent population reached 64.72%, an increase of 0.83 percentage points from the end of the previous year.
"Our country promotes economic development and epidemic prevention and control in a coordinated manner. The characteristics of economic development with strong resilience, great potential, broad prospects and long-term improvement have not changed. In the future, the advantages of my country's super-large market will continue to emerge, and the potential of domestic demand will continue to be released." National Development Jin Xiandong, spokesperson of the Reform Commission and director of the Policy Research Office, said that from the perspective of consumption, thanks to strong and effective epidemic prevention and control, the overall willingness of residents to consume has gradually recovered.
In 2021, employment will remain basically stable, with 12.69 million new jobs in urban areas, an increase of 830,000 year-on-year; at the same time, the national income level of residents will continue to rise, and per capita disposable income will actually increase by 8.1%.
"my country's advantages of a sound industrial system, stable production capacity, and continuously improving corporate innovation capabilities will play a stronger role in leading and creating demand," said Wei Qijia, director of the Industrial Office of the Economic Forecasting Department of the State Information Center.
More importantly, through deepening reform and opening up, the endogenous driving force for expanding domestic demand is being further strengthened.
Since last year, my country has promoted the construction of a unified national market in an orderly manner, carried out a pilot program for comprehensive reform of the market-based allocation of factors, and planned to build a modern circulation system. The vitality of market players has been effectively improved.
Up to now, the number of market entities in my country has reached 150 million, and the activity rate of enterprises has remained at around 70%.
Actively and steadily expand effective investment
The Central Economic Work Conference proposed that this year's economic work should take the lead and make progress while maintaining stability, and all regions and departments should shoulder the responsibility of stabilizing the macro economy.
Judging from the annual goals put forward by the local two sessions, as one of the important measures to expand domestic demand, actively and steadily expanding effective investment has become the highlight of stable growth in various regions.
For example, Henan proposed to "complete the annual investment of 2.8 trillion yuan in fixed assets, of which 1.8 trillion yuan will be invested in projects of more than 100 million yuan." The province proposed to "do everything possible to expand effective investment, focus on the construction of major projects, and achieve effective investment growth of about 6%".
Economic Daily reporters found that in accordance with the requirements of "moderately advanced infrastructure investment", effective investment has been increased in many places around "two new and one heavy". The importance of new infrastructure is further highlighted.
Yuan Da said that this year, my country will solidly promote the implementation of 102 major engineering projects in the "14th Five-Year Plan" plan, refine the list of engineering projects, and clarify specific measurable and assessable tasks according to the characteristics of the projects.
The National Development and Reform Commission will guide and urge all localities to adhere to the principle of "funds follow the project" and make solid preparations for special bond projects.
Ren Rongrong, director of the Comprehensive Research Office of the Investment Research Institute of the China Academy of Macroeconomics, said that by carrying out infrastructure investment moderately ahead of schedule, accelerating the filling of shortcomings in infrastructure and other fields, promoting coordinated regional development, facilitating the flow of factors, and improving public services, both short-term stable growth There is also a medium- and long-term kinetic energy increase effect.
Continuing to deepen the reform of the investment approval system will help fully stimulate the vitality and motivation of social investment.
Yuan Da said that in recent years, the reform of "delegating power, delegating power, regulating services" in the investment field has achieved positive results, which strongly supports the key role of investment in stabilizing growth.
In the next step, we will deepen the reform of the investment approval system and further promote social investment through innovative measures such as the enterprise investment project commitment system.
Promote the continued recovery of consumption growth
The expansion of domestic demand is inseparable from the synergy of investment and consumption.
Since last year, my country has introduced a series of policies and measures to promote consumption, and the effect has continued to show, and the market has gradually recovered.
"The recovery of consumption in some regions, industries and varieties is still relatively slow. Small, medium and micro enterprises and individual industrial and commercial households are still facing many difficulties in their operations. To maintain the steady development of consumption, further efforts are needed." The head of the Department of Market Operation and Consumption Promotion of the Ministry of Commerce Xu Xingfeng said.
Jin Xiandong said that this year will adhere to the strategic basis of expanding domestic demand, deepen the supply-side structural reform, open up all links of production, distribution, circulation, and consumption, focus on tapping the potential of residents' consumption, promote the expansion of total consumption and quality improvement, and continuously consolidate consumption. fundamental role in economic development.
According to reports, this year, the National Development and Reform Commission, the Ministry of Commerce, the State Administration for Market Regulation and other departments will continue to build a high-quality consumption supply system and guide enterprises to increase cost-effective products from aspects such as improving quality, increasing capacity, expanding space, and strengthening supervision. and service supply; promote the formation of a virtuous cycle of innovative employment, income distribution and consumption chain, mutual promotion mechanism, and support the continuous expansion of consumption with the general increase in the income of urban and rural residents; in-depth promote the integration of online and offline consumption development, enhance the level of traditional consumption, speed up The development of new types of consumption and the upgrading of consumption cities; the continuous optimization and improvement of the consumption environment, and the promotion of consumption to maintain a recovery growth.
At present, all localities are actively working on normalization to promote consumption, and have successively launched a series of consumption promotion activities such as the integration of business, travel, culture and sports, online and offline integration, and urban and rural regional linkages, in order to stabilize market expectations, tap consumption potential, and boost consumer confidence.
"Green consumption, cultural tourism consumption, rural consumption, etc. are important directions for expanding domestic demand. In the next step, on the basis of promoting the reasonable growth of investment, we must further release the consumption potential and form a benign interaction that promotes effective investment and consumption upgrading. " Ren Rongrong said.
Our reporter Gu Yang
Our reporter Gu Yang