Li Keqiang: Promoting Textile And Light Industry And Other Fields To Accelerate Depreciation And Promote "Internet +" Expansion

A new signal was released at the special session of the State Council: Special Topics on the impact of the new changes in the international economic and financial situation on China's economy and countermeasures. 4 vice premiers and 3 State Councilors were present.

On August 28th, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, chaired a special session of the State Council in Beijing to study the impact and Countermeasures of the new changes in the international economic and financial situation on China's economy and make an important speech.

The State Council held a special meeting in August 28th to study the international economy.

The impact of the new situation on China's economy and the countermeasures.

Premier Li Keqiang presided over the meeting and delivered an important speech.

According to the TV picture, although the participants are "very small", they are absolutely "heavyweight".

It includes not only 4 deputy prime ministers and 3 State Councilors, but also the central bankers, the chairman of the development and Reform Commission and the Minister of finance.

Such a "high standard" lineup has focused on recent domestic and international economic and financial situation, which is rarely seen in the past.

The "Xinhua News Agency" published by the Xinhua news agency is able to analyze what new signals have been released.

First, the next step of economic work is clear.

Premier Li Keqiang pointed out at the symposia that the recent international financial and commodity market abnormal fluctuations, the world economic recovery has added new uncertainties, China's financial market,

And so on, and the economic operation is under new pressure.

New pressures mean new problems and new ways of dealing with them.

The prime minister has always said that he must strengthen confidence in China's economy and remain steadfast.

But at the same time, he stressed the need to face difficulties and challenges, prepare for the rainy day, and deal with them in a timely manner.

The so-called "profit" refers to the positive factors in the current economy.

The special meeting also gave a clear judgement: a series of directional control measures such as lowering interest rates, reducing taxes and lowering fees and stabilizing the market have been promulgated by the State Council, and the effects are constantly emerging. The positive factors accumulated in structural adjustment also enhance the development of kinetic energy.

In particular, do not neglect the two core reference systems: first, China's economic operation is still in a reasonable range, which is compared with itself; second, China's economic growth is still in the forefront of the world -- this is China's comparison with the world.

Secondly, it further clarified what "weapons" are.

Active fiscal policy and prudent monetary policy are the most basic weapons in the policy toolbox.

Range control, directional control and camera control are the most flexible and flexible weapons.

Especially in the face of the unusually complicated domestic and international economic situation, Li Keqiang demanded that, on the basis of insisting on the interval regulation, we should be aware of the fact that we should flexibly carry out the policy, with more precise directional control and camera control to hedge the downward pressure on the economy.

"Idiom" is obviously not the traditional expression style of news release.

This should be understood in conjunction with two other sentences in the draft: "we should support the macroeconomic stability in the light of continuous micro vigor," and "seize the development with all our heart and mind, and catch the signs and tendentiousness of economic operation".

Only when we have the heart and soul to develop this important task can we achieve "knowing what we know".

On the one hand, the vitality of the majority of market players and the innovation and innovation of all the people will be enough to drive the whole economy into a prairie fire. On the other hand, we should always remain sober and keen on the slight and tendentious problems in the economic operation, so that we can make precise efforts and adjust the cameras in advance.

Why worry is reform.

This is also the most sharp "ultimate weapon".

The 4 mention of "reform" in the draft is that we should continue to promote structural reform, stimulate market vitality with stronger reform and innovation, and take more measures to reform and open up, and continue to push forward the reform of the financial system.

These 4 "reforms" take into account macroscopical, meso and micro perspectives.

Once again, it is clear what "ammunition" is.

In response to changes in the domestic and international economies, the "weapons" of reform and policy regulation need to be constantly loaded with new "ammunition".

The 6 rounds will be repeated.

1. innovative investment and financing methods, through the establishment of special funds, replacement of local stock debt, issuance of corporate bonds, adjustment of capital investment ratio of fixed assets investment projects, etc., will enhance local and enterprise investment capabilities, promote the development of public facilities and other major projects, and support the development of the central and western regions, poverty-stricken areas and expand effective investment.

2., we need to upgrade the new demand of residents' consumption, launch a new policy to promote consumption and improve people's livelihood, promote the development of express industry and other industries, and release the potential of consumption.

3., speed up international cooperation in production capacity and achieve more win-win results.

4. support the upgrading of the quality and efficiency of the real economy.

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Accelerate depreciation in automobile and other fields, and increase support for investment in traditional industries.

5., support the R & D and innovation activities of enterprises by improving the R & D expenses and deducting and revising the management methods of hi-tech enterprises.

6., expand the application of green energy saving and low carbon products, and promote "

Expand to more industries and form new growth points.

It can be clearly seen that the essence of these "ammunition" is Li Keqiang's repeated emphasis on the "dual engine" of China's economy -- increasing the supply of public goods and public services, and promoting public entrepreneurship and innovation.

With the weakening of traditional growth momentum, this series of new measures of reform and opening up will effectively stimulate the new kinetic energy of economic development.

Li Keqiang pointed out that financial stability is related to the overall economic situation. The recent improvement of the RMB exchange rate quotas mechanism is a reasonable measure to comply with the trend of the international financial market, but the RMB exchange rate has no basis for sustained depreciation, and it can be basically stable at a reasonable and balanced level.

The special topic will send signals to the "powerful ammunition" of finance, which can be understood from three aspects.

First, "ammunition improvement": we should continue to push forward the reform of the financial system, maintain a reasonable and abundant liquidity, and enhance the ability to serve the real economy; two, "upgrading the ammunition": maintain the stable operation of the financial market, speed up the construction of relevant systems, cultivate the capital market of open, pparent and long-term stable and healthy development; three, "ammunition safety": strengthen and improve risk management and keep the bottom line of regional systemic risk.

Finally, it is clear what the "military rules" are.

There is no "military rule" guarantee in the operation of sophisticated weapons and ammunition, and it is difficult to give full play to its strength.

Only by strict rules, strict implementation, strict supervision and serious investigation can we really solve the problem of "target" in a single blow.

Therefore, Li Keqiang asked for a more effective implementation of consolidating good momentum and stabilizing market expectations.

All localities and departments should not be afraid of difficulties, take the initiative to think of ways and make practical measures, and resolutely punish acts of omission.

He also stressed the need to give full play to the two initiatives of the central and local governments.

This reflects the belief that the prime minister has said many times that he who wins the same desires will win.

Military orders must be carried out.

It is not just to say that resolutely punishing omission.

Recently, the results of the first batch of disposal of the first batch of inspectors of the State Council were announced. 7 provinces had investigated 9 administrative omission cases found in the inspectors, and 59 cadres were responsible for their dereliction of duty and dereliction of duty, of which 5 were in the department level and 20 in the county level.

It seems that the truth is: "omission" will also lose the official hat!