Shed Change Small And Micro Continuous Force Annual GDP Growth Can Reach The Standard

< p > recently, the executive meeting of the State Council has deployed ten measures to alleviate the high cost of financing, and called for more efforts to support agriculture, support small businesses, refinance and rediscount.

Experts said that the "micro stimulus" and "deep reform" cooperation has made remarkable achievements, and has built the base of China's economic stabilization. It is expected that the areas such as shed reform, small and micro enterprises and "three rural" areas will still be the focus of policy support. The annual GDP growth rate of 7.5% is a big probability event.

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< p > > a href= "http://sjfzxm.com/news/index_c.asp" > analyst < /a > pointed out that the "steady growth" measures in the first half of the year in government investment arrangements, fiscal expenditure priorities and expenditure schedule, monetary policy intensity and orientation have been gradually launched.

On the 24 day, the CBRC issued a document to solve the problem of "down loan" and further reduce the financing cost of small and micro enterprises.

Commercial banks are required to enrich and improve loan varieties, scientifically use circular loans, annual audit loans and other business varieties, and adopt flexible repayment methods, such as installment repayment, so as to improve the convenience of small and micro enterprises to use loan funds and reduce the one-time repayment pressure of small and micro enterprises.

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< p > media reported earlier that CDB has received PSL of 3 yuan (1 trillion yuan), which is mainly used to support the construction of shed reform throughout the country.

In fact, in the two quarter of this year, the State Council has issued 15 major policies, from "subtraction" to tax reduction for small and micro enterprises to "addition" of infrastructure construction such as speed up railways; from attracting private capital to "steady investment" to simplifying procedures to help enterprises to "stabilize foreign trade", frequent micro stimulus policies have been made to strive for a steady growth of combined boxing.

Less than a month from June to July, a number of directional policies including directional reduction, loan to deposit ratio, caliber adjustment, and so on, continued to exert their strength. They mainly supported small and micro enterprises, the "three rural" and other weak links in the real economy, and supported national key construction projects such as railways, water conservancy and energy, as well as the pformation of traditional enterprises and strategic emerging industries.

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< p > < a href= "http://sjfzxm.com/news/index_c.asp >" analysts "/a" think that the future shed reform, small and micro enterprises, "agriculture, rural areas and farmers" will remain the key areas of "micro stimulation".

Lian Ping, chief economist of Bank of communications, pointed out that in the future, small and micro enterprises and "three rural" areas are expected to obtain directional financial support through refinancing, but the monetary policy tone will remain stable and will not turn to overall easing.

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< p > < strong > annual GDP growth rate can reach the standard < /strong > /p >

< p > experts point out that the latest economic data show that the effect of "micro stimulation" policy has emerged. It is estimated that China's macro-economic operation will be "low before high" in the second half of this year, and the annual growth rate of GDP should reach 7.5%.

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< p > < a href= "http://sjfzxm.com/news/index_c.asp >" analyst "/a" believes that there is no need for a strong stimulus policy.

Up to now, a number of provinces have released the first half of the economic data, including Guangdong, Jiangsu, Hebei, Zhejiang, Sichuan, Hunan, Hubei, Henan, Shanghai and other 9 provinces (cities), the total economic volume exceeds 1 trillion yuan, Guangdong exceeds 3 trillion yuan and the total economic volume ranks first. From the perspective of economic growth, the growth rate of two digit growth rate is 10.9%.

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< p > it is worth noticing that the HSBC manufacturing PMI initial value rose to 52 in July on the 24 day, reaching a new high of 18 months, and 50 consecutive ups and downs in second months.

Qu Hongbin, chief economist of HSBC Greater China, is optimistic about the downward trend of the economy.

He believes that the new orders and new export orders in July expanded faster than in June, and the employment and price sub index also improved, and the finished goods inventory index rebounded slightly.

"Further improvement in economic activity in July suggests that the early" micro stimulus "measures are playing a role, and policymakers are expected to maintain a relaxed position in the coming months to consolidate the foundation for economic stabilization.

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Jia Kang, director of the Fiscal Science Research Institute of the Ministry of finance, said that this year may continue the trend of low and high growth before last year's economic growth. The growth rate of GDP will remain above 7.5% in the second half of this year.

He said: "generally speaking, there will be more room for economic growth in the second half of this year and contribute more to the overall GDP growth."

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< p > Jia Kang said that at present, the government's tolerance for GDP growth indicators is relatively loose. Under the premise of ensuring employment rate, CPI index is at a low level and prices are stable.

At the same time, the government hopes that under the downward pressure of the economy, it can rely on the market's regulatory role to eliminate a number of backward production enterprises and improve the quality of China's economic growth.

"The upward trend of the economy is hedging down factors, maintaining the rapid growth of China's economy.

Therefore, the government will not launch a large-scale stimulus plan.

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