Xi Jinping presided over the fourth meeting of the Central Financial and Economic Commission, emphasizing the promotion of a new round of large-scale equipment updates and the trade-in of consumer goods to effectively reduce the logistics costs of the whole society.

Xi Jinping presided over the fourth meeting of the Central Financial and Economic Commission and emphasized that

Promote a new round of large-scale equipment updates and trade-in of consumer goods

Effectively reduce logistics costs for the whole society

Li Qiang, Cai Qiding and Xue Xiang attended

　　Xinhua News Agency, Beijing, February 23. Xi Jinping, General Secretary of the CPC Central Committee, President of the State, Chairman of the Central Military Commission, and Director of the Central Financial and Economic Commission, chaired the fourth meeting of the Central Financial and Economic Commission on the afternoon of February 23 to study the issue of large-scale equipment renewal and replacement of old consumer goods. Study the issue of effectively reducing logistics costs for the whole society.

Xi Jinping delivered an important speech at the meeting, emphasizing that accelerating product upgrading is an important measure to promote high-quality development, and that a new round of large-scale equipment updates and the replacement of old consumer goods with new ones should be encouraged and guided.

Logistics is the "string" of the real economy, connecting production and consumption, domestic trade and foreign trade. It must effectively reduce the logistics costs of the whole society, enhance the core competitiveness of the industry, and improve the efficiency of economic operation.

　　Li Qiang, Member of the Standing Committee of the Political Bureau of the CPC Central Committee, Premier of the State Council, and Deputy Director of the Central Financial and Economic Commission; Cai Qi, Member of the Standing Committee of the Political Bureau of the CPC Central Committee, Secretary of the Secretariat of the CPC Central Committee, and Member of the Central Financial and Economic Commission; Ding Xuexiang, Member of the Standing Committee of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council, and Member of the Central Financial and Economic Commission To attend a meeting.

　　The meeting heard reports from the National Development and Reform Commission, the Ministry of Commerce, and the Ministry of Industry and Information Technology on large-scale equipment updates and trade-in of consumer goods, and reports from the National Development and Reform Commission, the Ministry of Transport, and the Ministry of Commerce on effectively reducing logistics costs for the whole society.

The Ministry of Housing and Urban-Rural Development, the State Administration for Market Regulation, and the State Railway Group made written reports.

　　The meeting emphasized that the implementation of large-scale equipment updates and the replacement of old consumer goods with new ones will effectively promote investment and consumption, which will benefit both the present and the long-term.

It is necessary to implement a good policy mix to promote the continuous increase in the proportion of advanced production capacity, more high-quality durable consumer goods to enter residents' lives, waste resources to be recycled, and the quality and level of the national economic cycle to be significantly improved.

We must adhere to the market-oriented approach and government guidance, insist on encouraging the advanced and eliminating the backward, and adhere to the guidance of standards and orderly improvement.

　　The meeting pointed out that it is necessary to promote the updating and technological transformation of various production equipment and service equipment, encourage the trade-in of traditional consumer goods such as automobiles and home appliances, and promote the trade-in of durable consumer goods.

Promote large-scale recycling and strengthen the "replacement + recycling" logistics system and the development of new models.

When replacing old consumer goods with new ones, it is necessary to adhere to the linkage between the central finance and local governments to coordinate and support all links of the entire chain to benefit more consumers.

　　The meeting emphasized that reducing the logistics cost of the whole society is an important measure to improve the efficiency of economic operation.

The starting point and goal of logistics cost reduction is to serve the real economy and the people. The basic premise is to maintain a basically stable proportion of the manufacturing industry. The main approach is to adjust the structure, promote reform, and effectively reduce transportation costs, warehousing costs, and management costs.

Optimize the transportation structure, strengthen "road-to-rail" and "road-to-water", deepen the reform of the comprehensive transportation system, and form a unified, efficient, competitive and orderly logistics market.

Optimize the main corridors, clear up congestion points, improve the modern commercial circulation system, and encourage the development of new logistics models that combine platform economy, low-altitude economy, and driverless driving.

Make overall plans for logistics hubs, optimize transportation infrastructure construction and major productivity layout, and vigorously develop the airport economy and port economy.

　　Members of the Central Financial and Economic Commission attended the meeting, and responsible comrades from relevant departments of the central and state agencies also attended the meeting.