(Economic Observation) The Political Bureau of the CPC Central Committee studies economic work and clarifies three key directions
China News Agency, Beijing, April 29th: The Political Bureau of the Central Committee has identified three key directions for research on economic work
China News Agency reporter Wang Enbo
The Political Bureau of the CPC Central Committee held a meeting on April 29 to analyze and study the current economic situation and economic work.
In the face of multiple tests at home and abroad, the meeting emphasized that "the epidemic must be prevented, the economy must be stabilized, and development must be safe", and three key directions were clarified.
Efficiently coordinate epidemic prevention and control and development
At present, the local epidemic situation in China is characterized by many points, wide areas, and frequent occurrences. Many places are adhering to the general policy of dynamic clearing, and conducting precise and scientific measures to prevent and control the epidemic.
The meeting emphasized that it is necessary to efficiently coordinate epidemic prevention and control and economic and social development according to the new characteristics of virus mutation and transmission, unswervingly adhere to the principle of people first and life first, adhere to external defense against import, internal defense against rebound, adhere to dynamic clearing, and maximize protection. People's life safety and health, and minimize the impact of the epidemic on economic and social development.
"People's lives and health cannot be used for trial and error," said Li Yang, a postdoctoral fellow at the Postdoctoral Research Station of the State Information Center. Strict epidemic prevention measures in the short term are to achieve social zero as soon as possible, minimize the impact of the epidemic on economic operations, and improve It is to gain valuable time for improving the vaccination rate and developing specific drugs.
In the long run, the difficulties in the current economic operation can be overcome, and the strong economic growth momentum can be restored.
A notable example is that places such as Shenzhen, which were greatly affected by the epidemic in the early stage, have gradually resumed normal production and life, and the demand for consumption and investment has gradually recovered.
Meng Wei, a spokesman for the National Development and Reform Commission, said that with the effective control of the epidemic, the policy effects will gradually emerge, and the normal economic order will resume quickly.
Greater policy efforts to solidly stabilize the economy
In the first quarter of this year, China's GDP grew by 4.8%, and the economy continued to recover steadily.
However, with some unexpected factors exceeding expectations, indicators such as consumption and industrial production have fallen significantly since March, and whether China's economy can withstand the downward pressure has attracted attention.
The new crown pneumonia epidemic and the Ukrainian crisis have led to increased risks and challenges. The complexity, severity and uncertainty of China's economic development environment have increased. Steady growth, employment, and prices are facing new challenges. Facing the current changes, the meeting It is required to intensify the adjustment of macro policies, solidly stabilize the economy, strive to achieve the expected goals of economic and social development throughout the year, and keep the economy operating within a reasonable range.
From proposing to further unleash the potential of consumption to promote the continuous recovery of consumption, to clarifying the comprehensive strengthening of infrastructure construction to build a modern infrastructure system, the Chinese government has recently released frequent signals of macroeconomic policy strengthening.
The meeting not only called for "speeding up the implementation of the policies that have been determined", but also emphasized the need to quickly plan incremental policy tools, increase the intensity of camera control, and grasp the advance and redundancy of policy-oriented policies.
Focusing on the above directions, the meeting mentioned a series of specific policy areas, including expanding effective investment, promoting consumption, bail-out and assisting market players, ensuring stable supply and price of energy resources, ensuring and improving people's livelihood, etc.
Yang Weimin, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and deputy director of the Economic Committee, pointed out that the impact of the epidemic has not changed the fundamentals of China's strong economic resilience. At present, more focused and targeted policy measures should be adopted.
Effectively manage and control key risks
The situation at home and abroad has become increasingly complex and severe, and overall development and security have been placed in a prominent position by Chinese decision-makers.
The meeting emphasized that "it is necessary to effectively manage and control key risks and keep the bottom line of no systemic risks", and mentioned some key areas of concern in the market.
This round of real estate market adjustment faces new circumstances and new challenges.
The meeting stated that all localities should be supported to improve real estate policies based on local conditions, support rigid and improved housing needs, optimize the supervision of pre-sale funds for commercial housing, and promote the stable and healthy development of the real estate market.
Affected by investor expectations and sentiment, there has been some volatility in financial markets recently.
The meeting proposed to respond to market concerns in a timely manner, steadily advance the reform of the stock issuance registration system, actively introduce long-term investors, and maintain the stable operation of the capital market.
Regarding the platform economy supervision issues that the market is generally concerned about, the meeting pointed out that it is necessary to promote the healthy development of the platform economy, complete the special rectification of the platform economy, implement normalized supervision, and introduce specific measures to support the standardized and healthy development of the platform economy.
Pang Ming, chief strategist of China Renaissance, believes that China will continue to strive to find a balance between stabilizing growth, preventing and controlling the epidemic, and returning social and economic activities to normal.
The relevant expressions of this meeting will help all parties to better grasp the next key work ideas and policy arrangements, and stabilize market expectations.
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