The Reform Of Interest Rate Marketization Is Imperative.

Premier Li Keqiang, chaired by the State Council in November 4th, chaired the executive meeting of the State Council, deploying and implementing the spirit of the party in the fifth Plenary Session of the 18th CPC Central Committee, guiding the compilation of the 13th Five-Year plan with new ideas, deploying the industry to promote steady growth and adjusting the structure, promoting enterprises to expand the market, increasing efficiency, defining the deepening of the market-oriented reform of interest rates, improving the interest rate formation and regulation mechanism, and deciding to streamline and optimize the investment and approval of motorways, and promoting the expansion of domestic demand and people's livelihood.

The meeting pointed out that carrying out the spirit of the party in the fifth Plenary Session of the 18th CPC Central Committee and laying stress on the "13th Five-Year" plan compilation are of vital importance to enhancing economic kinetic energy, promoting industrial upgrading, social progress and improvement of people's livelihood.

The meeting decided to set up the leading group of the State Council's planning outline, and strengthen overall guidance, organization and coordination.

According to the meeting, all relevant departments should listen to opinions and suggestions extensively. In accordance with the development concept of innovation, coordination, green, openness and sharing, we should put forward a number of major policies to promote economic development and solve outstanding contradictions by focusing on increasing the strength, making up short boards, promoting the balance and the upper level. We should make a major project to pform the mode, adjust the structure and promote the upgrading. We should work out a planning outline and supporting special plans to follow the law of development, reflect the requirements of reform and opening up, and reflect the wishes of the masses to promote the ecological protection, improvement of people's livelihood and social equity.

In order to continue to promote decentralization, decentralization and management, optimize services and expand the supply of effective investment and public goods, the meeting decided that the first one is to cancel and decentralization energy conservation assessment, and to check and approve the approval of coal mines. The pre requisites of Expressway examination and approval should be reduced from 17 items to 7 items: site selection, land use and environmental impact assessment.

Two is the same.

The matters related to the examination and approval should be delegated to the provincial and municipal governments, including the major planning and layout, the approval and approval of important resources development and configuration.

The three is to implement the inventory management for the necessary intermediary services, and explore the integration of special topics such as energy saving and geological disasters in expressway projects, and implement joint evaluation and evaluation.

The four is to implement online approval in parallel, and speed up the online approval platform.

Using open and convenient government services to release new dividends to promote development and benefit people's livelihood.

The meeting held that China's industry is in a critical period of pformation and upgrading. At present, we must focus on stabilizing industrial growth, optimizing the industrial structure and improving the efficiency of enterprises. This is of great significance for stabilizing employment and consolidating the economic foundation.

The meeting confirmed that one is to promote innovation.

We will integrate financial special funds to support key areas of China made 2025, technological pformation of enterprises, relocation of urban hazardous chemicals and iron and steel enterprises.

With the help of the Internet, we will build an industrial innovation platform for large enterprises, universities, research institutes, SMEs and customers.

The two is to expand the market.

We will vigorously promote the upgrading and upgrading of consumer goods, which are closely related to the needs of the masses.

Combined with shed reform and aseismic housing project, a pilot project of steel structure construction is carried out.

Expand the use of green building materials, promote the application of major emergency equipment and products, support agricultural machinery, ships and other updates, and increase the pace of railway, communications and other high-end equipment to go out.

Three is to deepen reform.

We should accelerate the restructuring, integration or exit of the "zombie enterprises", and increase support for state-owned enterprises to solve historical burdens and vigorously tap potentials and increase efficiency.

The four is to increase support.

We should encourage financial institutions to increase credit delivery for enterprises with market and efficiency, and promote financial leasing services such as large-scale manufacturing equipment and production lines.

Study on the establishment of national financing guarantee fund to alleviate the financing difficulties of small and micro enterprises.

The meeting pointed out that deepening

To promote the marketization of interest rates and speed up the construction of interest rate formation and adjustment mechanism to meet the market demand will help improve the efficiency of financial services, and strive to solve the problems of financing and financing.

First, we must urge the financial institutions to improve the internal control system, enhance their own reasonable pricing ability and risk management level.

Two, we should continue to play the role of reference and guidance for the benchmark interest rate of loans and loans, and make good use of short-term repo rate, refinancing and medium-term lending facilities.

The pmission rate of interest rates to bonds, credit and other markets will form a market yield curve.

Three, we should strengthen supervision and management of irrational pricing behavior, adopt differential deposit reserve ratio and other ways to encourage and restrain interest rate pricing behavior, and strengthen industry self-discipline and risk prevention.

The more the prevention and control is in place, the higher the interest rate liberalization will be.