China's economy will stabilize and improve, and the foundation will continue to be consolidated (Rui Finance)

  Our reporter Liao Ruiling

  In October, China's economy withstood the impact of multiple unexpected factors at home and abroad, and continued to maintain a recovery trend.

What is the next step to consolidate this momentum?

At present, how is the implementation of policy development financial instruments to support the construction of major projects?

How to form more physical workload in the fourth quarter?

Entering the heating season, is the heating demand of the people guaranteed?

... At the press conference held by the National Development and Reform Commission on November 16, Meng Wei, the spokesperson of the National Development and Reform Commission, responded to the recent hot topics of economic operation.

  Annual economic growth is expected to further accelerate

  The National Bureau of Statistics recently released economic data for October showing that China's economy continued to recover in October.

Entering the fourth quarter, how to continue to consolidate this trend?

  "The economy of major economic provinces and other key areas is accelerating to stabilize and develop. With the accelerated implementation of a package of policies and subsequent measures to stabilize the economy, as well as policy-based development financial instruments, special re-loans for equipment renovation and fiscal discounts, and the expansion of the manufacturing industry in the medium and long-term A series of measures such as loan issuance will be effective in the fourth quarter, and industrial growth momentum and investment confidence will continue to increase." Meng Wei said.

  Recently, the Joint Prevention and Control Mechanism of the State Council issued 20 measures to optimize epidemic prevention and control, guiding localities to do a more scientific and precise epidemic prevention and control work, and effectively coordinate epidemic prevention and control with economic and social development.

Meng Wei said that this is conducive to further smoothing the economic cycle and promoting the recovery of market demand.

  "We have also noticed that the current international environment is still complicated, and the situation of epidemic prevention and control is still severe. Hard work is still needed to promote the sustained recovery of the economy in the fourth quarter." Meng Wei said that the National Development and Reform Commission will effectively coordinate epidemic prevention and control with economic and social development, and continue to promote A package of policies to stabilize the economy and subsequent policies have been effective, and effective investment has been actively expanded.

At the same time, promote the accelerated recovery and development of consumption in key areas, continue to promote the implementation of tax rebates, tax reductions and fee reductions, and increase support for small, medium and micro enterprises and individual industrial and commercial households; strengthen food, energy and industrial chain supply chain security guarantees, and implement stable employment in detail policies, do a solid job in ensuring the supply and stable prices of important people's livelihood commodities, and seize the time window to promote the further stabilization and upward growth of the economy.

  "Looking forward to the whole year, the economic growth rate is expected to further accelerate, and the foundation for stabilization and improvement will continue to be consolidated." Meng Wei said.

  Effective support for infrastructure construction

  At the end of July, the State Council deployed policy-based developmental financial instruments to increase financing support for major projects, and established a coordination mechanism for promoting effective investment in major projects consisting of 19 departments and units.

At present, how is the implementation of policy development financial instruments to support the construction of major projects?

  According to Meng Wei, at present, more than 700 billion yuan of financial instrument funds have been fully invested, and most of the supported projects have started construction, and the physical workload is being accelerated.

  According to data released by the National Bureau of Statistics, the national fixed asset investment increased by 5.8% from January to October.

Meng Wei said that financial instruments have played a positive role in stabilizing investment, effectively supplementing the construction capital of major projects, and supporting a large number of effective investment projects in the "14th Five-Year Plan" that are both beneficial to the current and long-term.

For example, a new batch of wind power photovoltaic, pumped storage, and nuclear power plant projects can not only drive the development of related industries, but also help ensure energy security; build a batch of urban gas pipelines, drainage, water supply, heating, etc. Projects such as corridors and vocational education are conducive to making up for shortcomings in municipal facilities and effectively improving people's livelihood and well-being.

With the acceleration of these projects, they will play an important role in promoting the steady growth of investment this year and next and optimizing the supply structure.

  "The coordination mechanism will continue to play an efficient overall role, concentrate efforts to promote the accelerated start and construction of financial instrument projects, and strive to form more physical workloads as soon as possible, enhance the key role of investment in optimizing the supply structure, help consolidate the upward trend of economic recovery, and promote economic growth. Steady and healthy development." Meng Wei said.

  Gas consumption is generally guaranteed in this winter heating season

  Keeping warm and supply is an important task to protect people's livelihood.

At present, the northern region has entered the heating season in an all-round way. How is the supply of natural gas resources in China?

  "Judging from the current supply situation, although the complex and severe international market situation has a certain impact on China's winter supply guarantee, after all parties have prepared in advance, worked together, and taken effective measures, the supply of domestic natural gas resources in this winter heating season is generally guaranteed. Yes, there may be tight supply and demand during peak hours and some areas are affected by continuous cold weather.” Meng Wei said.

  In order to ensure a stable supply of natural gas in the heating season this winter, the National Development and Reform Commission will strengthen overall coordination with all relevant parties, and continue to do a good job in the following aspects——

  Focus on ensuring the supply and price of gas for people's livelihood.

During the heating season, the National Development and Reform Commission will organize all localities to earnestly fulfill the main responsibility of guaranteeing people's livelihood gas, and compact the direct responsibility of urban gas enterprises to ensure sufficient and stable gas supply for people's livelihood.

At the same time, urge all localities to strictly implement the door-to-door price policy for residents to ensure that the price of natural gas for people's livelihood is basically stable.

  Promote the increase of domestic natural gas reserves and production.

Support upstream gas supply companies such as PetroChina, Sinopec, and CNOOC to increase storage and production, and increase domestic natural gas production during the winter peak period as much as possible.

Give full play to the dispatching and coordinating role of the national pipeline network company, promote the storage of gas storage facilities that have been built, coordinate the use of gas storage resources, and ensure the needs of the entire heating season, especially the peak supply.

  Promote the strict implementation of the contract.

At present, the National Development and Reform Commission has organized all localities and gas supply companies to sign contracts for the heating season. During the heating season, it will continue to supervise the strict implementation of the contract and ensure the order and stability of gas supply and consumption according to the contract.

  "Every year during the heating season, there will be some individual case problems. We will make full use of the natural gas supply guarantee day scheduling mechanism in winter, strengthen targeted adjustments, coordinate and solve various case problems in a timely manner, and ensure the warm winter of the people." Meng Wei said.

(People's Daily Overseas Edition)