Chinanews.com, February 22. On the 22nd, the website of the Ministry of Finance published a speech (excerpt) by Minister of Finance Liu Kun at the National Financial Work Conference.
The article pointed out that we should give full play to the role of fiscal stability, investment and consumption promotion, and strive to expand domestic demand.
It is necessary to strengthen the guidance and drive of government investment to investment in the whole society.
Increase investment in laying the foundation, benefiting the long-term, making up for shortcomings, and adjusting the structure, speed up the implementation of major projects during the "14th Five-Year Plan", and strengthen infrastructure construction in transportation, energy, water conservancy, agriculture, and information.
Strengthen departmental coordination, do a good job in pre-project preparations, improve the quality of project reserves, and ensure the balance between financing and income for special bond projects.
Appropriately increase the concentration of fund use, give priority to supporting highly mature projects and projects under construction, and do a good job of linking up with policy-based development financial instrument projects.
Government investment should pay attention to performance, give preference to places with high efficiency in the use of funds, and encourage and attract more private capital to participate.
To promote recovery and expand consumption.
While promoting stable employment and relying on employment to generate income, we should increase adjustments such as social security and transfer payments, and increase residents' income through multiple channels, especially improving the consumption capacity of low- and middle-income residents who have a high propensity to consume but are greatly affected by the epidemic.
The article pointed out that key cities should be supported to strengthen the construction of the circulation guarantee system, and improve the ability and efficiency of the circulation guarantee supply of important living materials.
Then support a batch of national comprehensive freight hubs to supplement and strengthen the chain, so as to smooth the logistics network.
Continue to support the implementation of county-level commercial construction actions in various places, and fully tap the consumption potential of counties and townships.
Encourage qualified regions to provide appropriate subsidies or loan discounts for green smart home appliances, green building materials, and energy-saving products.
At the same time, efforts should be made to stabilize foreign trade and foreign investment.
Improve tariffs, import tax and export tax rebate policies, optimize special fund support methods for foreign economic and trade development, encourage the development of new foreign trade formats such as cross-border e-commerce and overseas warehouses, support the expansion of imports of advanced technologies, important equipment, energy resources and other products, and carry out in-depth development Demonstration of improving the quality and efficiency of foreign economic and trade, promoting the stability of foreign trade and industrial upgrading.
Gradually expand the list of "zero tariffs", increase stress testing, and accelerate the construction of Hainan Free Trade Port.
In line with international high-standard economic and trade rules, support the reform and innovation of free trade pilot zones.
(China New Finance and Economics)