At 9 a.m. on March 5th, the opening meeting of the Fourth Session of the Thirteenth National People's Congress was held in the Great Hall of the People. Premier Li Keqiang made a report on the work of the government.
This year, we must maintain the continuity, stability, and sustainability of macroeconomic policies, and promote economic operations within a reasonable range.
Strengthen directional control, camera control, and precise control on the basis of interval control.
Macroeconomic policies must continue to relieve market players, maintain the necessary support, do not make a sharp turn, adjust and improve in time according to changes in the situation, and further consolidate the economic fundamentals.
A proactive fiscal policy must improve quality and efficiency and be more sustainable.
Taking into account the effective control of the epidemic and the gradual recovery of the economy, this year's deficit rate is planned to be around 3.2%, which will be lower than last year, and no special treasury bonds will be issued.
Due to the recovery growth of fiscal revenue, the total scale of fiscal expenditures has increased over last year, and the focus is still to increase support for market entities in ensuring employment and people's livelihood.
The central government continued to arrange negative growth in expenditures, and further significantly reduced non-urgently needed non-rigid expenditures. General transfer payments to local governments increased by 7.8%, which was significantly higher than last year. Among them, balanced transfer payments, county-level basic financial guarantee mechanism rewards and supplementary funds The increase rate is more than 10%.
Establish a normalized direct mechanism for fiscal funds and expand the scope, including 2.8 trillion yuan of central fiscal funds into the direct mechanism, which is significantly larger than last year, and provides more timely and powerful financial support for the benefit of enterprises and people at the city and county level.
Governments at all levels must conserve resources for the people, insist on living a tight life, ensure that basic people's livelihood expenditures will only increase and not decrease, and help the market players always have green hills and vitality.
Optimize and implement tax reduction policies.
The main body of the market needs more help to restore vitality and increase vitality.
Continue to implement systemic tax reduction policies, extend the implementation period of some phased policies such as value-added tax concessions for small-scale taxpayers, implement new structural tax reduction measures, and hedge the impact of some policy adjustments.
Increase the value-added tax threshold for small-scale taxpayers from monthly sales of 100,000 yuan to 150,000 yuan.
On the part of small and micro enterprises and individual industrial and commercial households whose annual taxable income is less than 1 million yuan, on the basis of the current preferential policies, the income tax will be halved.
All localities must implement tax reduction policies in a timely manner to ensure that market players should enjoy them all.
A prudent monetary policy must be flexible, precise, reasonable and appropriate.
Put the service of the real economy in a more prominent position, and handle the relationship between economic recovery and risk prevention.
The growth rate of the money supply and the scale of social financing basically matches the growth rate of the nominal economy, maintain a reasonable and sufficient liquidity, and maintain the macroscopic leverage ratio basically stable.
Maintain the basic stability of the RMB exchange rate at a reasonable and equilibrium level.
Further solve the financing problems of small and micro enterprises.
Continuing the deferred principal and interest payment policy for inclusive small and micro enterprise loans, and increasing re-loans and rediscounts to support inclusive finance.
Extend the small and micro enterprise financing guarantee fee reduction bonus policy, and improve the loan risk sharing and compensation mechanism.
Speed up the pace of credit information sharing.
Improve the assessment, evaluation, and due diligence exemption systems for financial institutions.
Guide banks to expand credit loans, continue to increase the number of first-lending customers, and promote loan-on-demand loans, so that more funds flow to technological innovation, green development, small and micro enterprises, individual industrial and commercial households, and new agricultural business entities, and continue to be affected by the epidemic. Affecting industry enterprises to give targeted support.
Large commercial banks inclusive of loans to small and micro enterprises increased by more than 30%.
Innovative supply chain financial service model.
Appropriately reduce the payment fees of small and micro enterprises.
Optimize the supervision of deposit interest rates, promote the further reduction of actual loan interest rates, and continue to guide the financial system to transfer profits to the real economy.
This year, we must make financing for small and micro enterprises more convenient, and the overall financing cost will be steady and reduced.
The employment priority policy should continue to be strengthened, and efforts should be made to increase efficiency.
Efforts will be made to stabilize existing positions and continue to provide necessary fiscal, taxation, financial and other policy support to companies that do not lay off but less layoffs.
Continue to reduce unemployment and work-related injury insurance rates, expand the scope of benefits of phased job stabilization policies such as unemployment insurance refunds, and extend the implementation period of the work-for-training policy.
Broaden market-oriented employment channels and promote entrepreneurship to drive employment.
Promote the lowering of employment thresholds, dynamically optimize the national vocational qualification catalog, and reduce or cancel the working life requirements of some vocational qualification examinations for admission.
Support and standardize the development of new employment forms, and accelerate the promotion of occupational injury protection pilot projects.
Continue to provide social security subsidies to flexible employees, and promote the liberalization of household registration restrictions on participating in social insurance in the place of employment.
We will do a good job in the employment of key groups such as college graduates, veterans, and migrant workers, improve the employment assistance policies for people with difficulties such as the disabled and zero-employment family members, and promote the re-employment of the unemployed.
Broaden the use of vocational skills training funds, carry out large-scale, multi-level vocational skills training, complete the three-year action goal of vocational skills upgrading and higher vocational enrollment, and build a batch of high-skilled personnel training bases.
Implement the project to improve the quality of employment services.
Use funds such as special employment subsidies to support the construction of various labor markets, talent markets, and odd labor markets, open up employment opportunities, and create more fair employment opportunities for people who are willing and capable.
(Organized according to the web text live broadcast)