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    Li Keqiang Talks About Macroeconomics And Applies Monetary Policy Reasonably.

    2015/10/24 19:31:00 21

    Macroeconomic Regulation And ControlMonetary PolicyEconomic Policy

    To maintain high and medium speed growth, we can ensure that fiscal revenue, corporate profits and residents' incomes have a reasonable growth rate, create conditions for pferring mode and adjusting structure, and push the industry towards a middle and high end. It can not only expand demand, but also innovate supply, and enhance the momentum of sustained economic growth.

    We must grasp the balance between steady growth and structural adjustment, and strive to achieve "double high".

    On October 23rd, Premier Li Keqiang of the State Council pointed out in the report on the current economic situation and key work of the Central Party school that the next step is to maintain the rapid growth of the economy and move towards the medium and high end level, which is based on the laws of the characteristics of the economic growth stages, and is also an inevitable choice to achieve the goal of building a well-off society in an all-round way and scientific development.

    He pointed out that the realization of "double high" faces many challenges and requires painstaking efforts.

    To this end, we should continue to innovate the ideas and methods of macroeconomic regulation and control. At the same time, we must make good use of the relatively large advantages of fiscal policy space, and rationally use the monetary policy measures such as lowering the right direction, lowering the interest rate and so on.

    At the same time, we should comprehensively deepen reform and promote a higher level of opening to the outside world.

    "Double high" means that "13th Five-Year" economic growth can not be too low, while the upgrading of the industrial structure, in addition to the accelerated development of the service sector, new industries in the industrial sector also need to develop rapidly.

    Liu Xuezhi, a researcher at Bank of communications Financial Research Center, talked about Li Keqiang's "double high" speech.

    Li Xiaohua, a researcher at the Institute of industry of the Chinese Academy of Social Sciences, believes that the proportion of China's service industry has already surpassed that of the industry. Therefore, the proportion of service industry will also develop rapidly during the period of 13th Five-Year, while the industry will move from the low end to the middle and high end, which will involve a significant leap forward in the manufacturing industry.

    Maintain high growth in the economy

    In his report, Li Keqiang pointed out that correctly understanding China's economic situation can be summed up by "hard won achievements and difficulties must not be underestimated". We need to strengthen our confidence and overcome difficulties.

    He pointed out that since the beginning of this year, the impact of world economic and trade downturn and international market turbulence has deepened on our country, which has been overlaid with the deep-seated contradictions in China, and the real economic difficulties have increased, and the dilemma of macroeconomic regulation and control has increased.

    Under the firm leadership of the CPC Central Committee and the State Council, we should strengthen directional control and camera control, promote structural adjustment through structural reform, and implement effective measures to stabilize the market. We should actively resolve "difficulties", strive to consolidate "stability", and continue to expand "entry". The economic operation should be kept at a reasonable interval, which is in line with expectations. The new kinetic energy is accelerated to form, and employment expansion, income growth and environmental improvement will bring benefits to the masses.

    The concerted efforts of the whole nation and the great potential of China's economy have enhanced our confidence in overcoming all kinds of difficulties.

      

    Li Keqiang

    It is pointed out that development is still the foundation and key to solve all the problems in China.

    Although China is the second largest economy in the world, the level of per capita level is still very low, and the bottom is not solid enough.

    Maintaining high growth in the economy and moving towards the medium and high end level is not only based on the laws of the characteristics of economic growth, but also an inevitable choice to achieve the goal of building a well-off society in an all-round way and scientific development.

    Li Keqiang pointed out that the realization of "double high" still faces many challenges and requires painstaking efforts.

    On the one hand, we should continue to innovate the ideas and methods of macroeconomic regulation and control, improve the pertinence and flexibility of policies, make good use of the relatively large advantages of fiscal policy space, rationally use the monetary policy measures such as lowering the right direction, lowering the interest rate and so on, so as to keep the economy running smoothly, properly cope with and solve risks, and promote the stability of the economic base.

    On the other hand, we should comprehensively deepen reform and promote a higher level of opening to the outside world.

    We need to focus on clarifying the relationship between the government and the market, continue to promote decentralization, decentralization, and optimize services, and push forward the reform of key areas such as finance, taxation, finance and state-owned enterprises, so as to remove the obstacles to the development of the system and mechanism.

    Construction and development of "one belt and one road"

    Productivity cooperation

    We should build a new system of open economy and promote the pformation of foreign trade into "better progress and better output" and expand new space for development.

    The driving force of the future economy lies in many short board areas, such as the construction and improvement of infrastructure and social security system, such as the development of medical system.

    Liu Xuezhi pointed out that to ensure steady and rapid economic growth, the next step is to increase the intensity of fiscal policy. Next year, the speed of the issuance of financial funds can be improved, and there is still much room for tax cuts.

    "It is mainly to reduce tax in some short board fields, which can promote the upgrading of the industrial structure."

    He said.

    Premier Li Keqiang pointed out that in the continuation period of the new and old kinetic energy conversion, we should create "double high".

    Mass Entrepreneurship

    We must innovate and increase the "dual engine" of public goods and public services.

    It is necessary to highlight the short board of people's livelihood, promote new urbanization, and promote industrial upgrading and upgrading, and expand effective investment.

    In this regard, the government does not sing the "one-man show", but should share with the social capital construction and share the interests.

    We must persist in implementing the strategy of innovation driven development, use "double creation" to stimulate the infinite creativity of the masses, give full play to the advantages of human resources in our country, promote the common development of large enterprises and small and micro enterprises, innovate the traditional industries and the growth of new industries, expand the service industry and upgrade manufacturing industries.

    In order to ensure a reasonable growth rate of fiscal revenue, corporate profits and residents' income, we must maintain high and medium speed growth so as to create conditions for changing the way and adjusting the structure, and pushing the industry to move towards the middle and high end, which not only can expand demand, but also can create new supply and enhance the momentum of sustained economic growth.

    We must grasp the balance between steady growth and structural adjustment, and strive to achieve "double high".

    Liu Xuezhi believes that this means that the "13th Five-Year" period will also maintain a relatively high growth rate.

    The speed may be 6.5% or 7%, which is still high in the world.

    In order to achieve the high and middle level economy, the contribution of science and technology to the economy needs to be improved.

    The research center of industrial organization and enterprise organization of Dongbei University of Finance and Economics pointed out that in order to make the industry move towards the middle and high end, we must start from the aspect of innovation drive, so we must rely on R & D and technology.

    He believes that when the proportion of traditional industries decreases, the service industry should also upgrade, for example, the modern service industry needs to develop rapidly, and the innovation of service industry is conducive to the pformation of manufacturing industry, so that the pformation can be completed and the structure will be more optimized.


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