Since the beginning of this year, my country’s fiscal, currency, employment, industry and other policies have exerted their strength and form joint efforts to promote the continuation of economic operations to rise to a good situation and start steadily.From January to February, the added value of industries above designated size increased by 7.0%year -on -year, accelerated by 0.2 percentage points from December last year; national fixed asset investment (excluding farmers) was 508.47 billion yuan, an increase of 4.2%year -on -year, which was 1.2 accelerated from last year last year.percentage point.
This year’s “Government Work Report” proposes to enhance the consistency of macro policy orientation.In the next step, how to strengthen policy coordination and continue to consolidate and enhance the trend of economic recovery?How will macro policies work to create a good environment for high -quality development?The reporter interviewed.
The policy effect continues to be released, and the economic recovery has improved
The New City of Shanghai is a key industrial new city project built by Jiaozhou City, Shandong Province, focusing on key industries such as the industrial Internet and high -end intelligent manufacturing.Recently, the Jiaozhou Finance Bureau jointly approved the special bonds of 2.41 billion yuan in advance in 2024, of which 150 million yuan was specially used in the construction of supporting infrastructure (Phase II) projects in the Kaos Industrial Internet Industry New City.
”Special debt funds are in place in a timely manner, which solves the problem of lack of funds for project construction such as roads, drainage pipelines, power pipelines, and intelligent transportation facilities. At present, the construction team is stepping up construction.” The person in charge of the project said.
Maintaining the necessary fiscal expenditure strength and optimizing policy tools such as special bonds, national debt, tax and fees, and fiscal subsidies are an important part of active fiscal policy and improvement of quality and efficiency.In December 2023, the two batches of fiscal parts issued a total of 802.5 billion yuan to issue the fund budget to issue government bonds to support post -disaster recovery and enhance disaster prevention and relief capabilities.The construction of major projects promotes the formation of physical work.
Since the beginning of this year, various regions and departments have made good use of fiscal policy tools to effectively drive effective investment.For example, Shandong Province optimizes capital investment and reduce financing costs, and issue new special bonds of 7011 billion yuan for the construction of more than 600 projects such as transportation, water conservancy, and industrial parks.Support guarantee guarantee for more than 400 major projects to accelerate construction.
In Jinshan District, Shanghai, Wang Chuntao runs a professional agricultural cooperative breeding vegetables, fruits, and flower seedlings.In February of this year, with the support of the “Shennong E loan” launched by the Bank of Communications Shanghai Branch, he purchased agricultural capital through online loans online through mobile banking, solving the issue of capital transfer during the seed cultivation.
”Most of our customers are farmers. Since the beginning of this year, the agricultural loans of the branch have increased by more than 50 million yuan.” Said Qian Yifeng, the customer manager of the Bank of Communications Shanghai Jinshan Sub -branch.
The stable monetary policy is flexible and moderate, accurate and effective, and financial support for the real economy has continued to increase.On January 25, the People’s Bank of China lowered 0.25 percentage points of branch of supporting agricultural re -loan, tributaries, and re -discount rates, respectively.On February 5th, the deposit reserve ratio of financial institutions was 0.5 percentage points, providing the market with long -term liquidity about 1 trillion yuan.
Data show that in the first two months of this year, my country’s RMB loan increased by 6.37 trillion yuan.As of the end of February, the loan balance of the Industrial and Commercial Bank of China had exceeded 1.5 trillion yuan, an increase of nearly 900 billion yuan from the beginning of the year, the highest in history; the balance of loans for inclusive small and micro enterprises was 2.37 trillion yuan, an increase of more than 140 billion yuan from the beginning of the year.The Bank of Communications has maintained a rapid increase in loans in key areas such as technology -based enterprises, and green finance.
Strengthen the construction of skill talent teams and accelerate the development of new productive forces … Since this year, departments and departments in various regions have rely on forward, accurate, and coordinated efforts.EssenceRelevant responsible comrades of the Central Finance Office believe that policy effects such as 10 trillion yuan of government bonds will be issued in 2023, as well as reduction of interest rates and tax cuts, and tax reduction and fee reduction., Strongly promote the rise of the economy.
Do a good job of coordinating and coordinating, policy stimulates economic endogenous motivation
The “Government Work Report” proposes to strengthen the macro policy reverse cycle and cross -cycle adjustment, continue to implement positive fiscal policies and stable monetary policies, and strengthen policy tool innovation and coordination.Since the beginning of the year, the national economy has risen steadily. How will the next macro policy continue to consolidate and enhance the economic recovery to a good trend?
The deficit rate is planned to be arranged by 3%; the scale of general public budget expenditures is 28.5 trillion yuan, an increase of 1.1 trillion yuan over the previous year; it is planned to arrange special bonds for local governments 3.9 trillion yuan, an increase of 100 billion yuan over the previous year;For several consecutive years, he issued ultra -long -term special government bonds … The Government Work Report arranged for this year’s fiscal policy.
”Moderate force and improvement of quality and efficiency are the tone and characteristics of this year’s fiscal policy.” The Minister of Finance Lanfo An said that moderate force is mainly to overall use of various fiscal policy tools to expand the scale of fiscal expenditure, implement taxes, and implement taxes.Promoting preferential policies to promote high -quality development.It can be grasped from three aspects: one is that the intensity of fiscal expenditure expands, the other is that the scale of government bonds has increased significantly, and the third is to continue to implement structural tax cuts and fees.The improvement of quality and efficiency is to optimize fiscal management, strengthen policy coordination, and improve the quality and efficiency of fiscal policy.In terms of financial management, we must adhere to the internal dumping and make efficiency from management.From the perspective of policy coordination, we must strengthen overall coordination and enlarge the combined effect.
The “Government Work Report” proposes to maintain a reasonable liquidity, and the scale of social financing and the amount of money supply are matched with the expected target of economic growth and price level.Strengthen the dual adjustment of total and structural structure, revitalize the stock, improve the efficiency, and increase support for major strategies, key areas and weak links.
”In the regulation of monetary policy, we will pay more attention to the relationship between short -term and long -term, stable growth and risk prevention, internal equilibrium and external equilibrium.Create a good monetary and financial environment for economic operation and development, “said Pan Gongsheng, President of the People’s Bank of China.
The first is to maintain a reasonable growth in total.We will comprehensively use a variety of monetary policy tools to increase the adjustment of counter -cyclical adjustment, maintain reasonable liquidity, support the steady growth of social financing scale and the total amount of monetary credit, and the balanced investment of social financing, the amount of currency supply in the broad sense of the social financing, and the economic growth and economic growth and economic growth and economic growth and economic growth and economic growth and economic growth and economic growth and economic growthThe price level is expected to match the target.The second is to continue to promote social comprehensive financing costs in terms of price.The main consideration of maintaining stable prices and promoting the push price as a monetary policy, coordinating the health of the banking asset liabilities, and continuing to promote the steady cost of comprehensive social financing.The third is to focus more on improving effectiveness in structure.Further enhance the effectiveness of monetary policy to promote economic structure adjustment, transformation and upgrading, and conversion of new and old kinetic energy.
Stability and expanding employment are not only the key to ensuring and improving people’s livelihood, but also an important support for consolidating economic recovery to a good situation.Wang Xiaoping, Minister of Human Resources and Social Security, said that the Human Resources Department will focus on stabilizing employment in five aspects: stable employment positions, continuing to reduce unemployment, work injury insurance rate policies, implement and improve stable return, special loans, employment and social security subsidies, etc.Policies; broaden the employment channels, strengthen the support of various types of business entities such as private economy, small, medium and micro enterprises with large employment capacity; improve employment skills, carry out professional skills training on a large scale; optimize employment services, promote supply and demand docking; ensure key groups, strengthen strengthening, strengthen strengtheningPromote the employment policy of youth.
”The coordination and cooperation of various policies will produce the effect of ‘1+1> 2’, which will fully mobilize the enthusiasm of the operating subject, stimulate the vitality of economic development, and form a joint force to promote high -quality development.” Wen Bin, chief economist of Minsheng Bankexplain.
Strengthen policy overall planning, ensure that the same direction is exertion and form a joint force
One -piece planning, the policy is in the same direction.In Jinan City, Shandong Province, the development of reform and reform, industrial credit, finance, finance, human society and other departments jointly support the development of specialized new enterprises, and build an innovative SME -specialized new small and medium -sized enterprises -specialized specialty new “Little Giant “Enterprise Three Cultivation System.As of now, there have been 135 national specialized new “giant” companies, and 50 new companies have been added last year alone.
Guidance drives, the policy effect is amplified.Recently, Sichuan Province issued a special debt as a project capital of 2.4 billion yuan, promoting the construction of 22 key projects including the Chengyu Central Line Railway and Meishan City Water Supply Pipe Network. It is expected that social investment will be about 15 billion yuan.The leverage of funds is leveraged.
The “Government Work Report” proposes to strengthen the coordination and cooperation of policies such as finance, currency, employment, industry, region, science and technology, environmental protection, and incorporate non -economic policies into the assessment of consistency of macro policy orientation, strengthen policy coordination, ensure that the same direction is exertion, formationFollow.”On the one hand, policies such as fiscal, currency, employment, and industry must enhance orientation consistency. On the other hand, when formulating non -economic policies, it is necessary to consider its impact on the economy as the core evaluation factors.”Wei Gejun, Secretary of the Party Committee and President of the Provincial Branch.
Wen Bin said: “To enhance the consistency of macro policy orientation and strengthen policy coordination and cooperation, we must firmly grasp the primary task of high -quality development, and launch more policies that are conducive to stable expectations, stabilizing, and employment.Effect, cautiously introduce shrinkage and inhibitory measures, and effectively prevent the ‘synthesis fallacy’. “
The “fiscal+industry” policy co -operates effective investment, and the “technology+finance” policy allows more start -ups to break the soil and germinate. The “fiscal+employment” policy solves the worries of enterprises.”A game of chess.”
”Fiscal and monetary policies can better play a combined effect in promoting economic development.” Wei Gejun said, for example, in terms of the progress of bonds, supplementary bank capital, and government bond issuance, fiscal and monetary policy should be strengthened.For another example, in terms of supporting project construction, reasonable expansion of special debt is used as the scope of project capital, it can guide leverage financial resources investment, realize the effective connection of credit funds and special debt funds, form a “multiplication effect”, and support the project construction jointly to support project constructionEssence
”In terms of supporting key areas and weak links, we can combine fiscal discounts with structural monetary policy tool fund support to better motivate financial institutions to increase credit investment in related fields, and at the same time can further reduce the financing costs of the real economy.”Wei Gejun said.
The introduction of policies is to solve problems and promote development.Wen Haisheng, deputy director of the Jinan City Industry and Information Bureau, believes that in response to the specific problems in economic development, it should be guided by responding to the needs of operating entities. The policies involved in the enterprise should focus on communicating with the market and responding to enterprises.Mechanisms, effectively boost corporate development confidence and improve social expectations.
