News observation: Expanding domestic demand, increasing confidence, and strengthening risk prevention policies
CCTV News: The report of the State Council on the implementation of the national economic and social development plan since the beginning of this year was submitted to the Standing Committee of the 14th National People's Congress for review on the 28th. The report points out that since the beginning of this year, the overall implementation of the plan has been good, and the national economy has continued to recover and overall rebounded. In the second half of the year, we will increase the intensity of macroeconomic policy regulation, focus on expanding domestic demand, boosting confidence, preventing risks, and promote the effective improvement of quality and reasonable growth of quantity in the economy.
When it comes to the main situation and highlights of economic operation since the beginning of this year, the report points out that in the first seven months, 19.102 million new operating entities were established, of which 5.791 million were enterprises, an increase of 12% and 15.6% year-on-year, respectively; The reform of the stock issuance registration system has been fully implemented, with a total of 210 companies going public for the first seven months and raising 247.9 billion yuan in financing; Foreign trade and investment have developed steadily, with a total increase of 52.4% in exports of electric passenger vehicles, lithium-ion batteries, and solar cells.
Overall, since the beginning of this year, China has increased its necessary support for economic recovery and development, striving to smooth the circulation of the national economy, and maintaining a leading economic growth rate among major economies in the world. But it should also be noted that the current improvement in economic performance is mainly restorative. From an international perspective, the external environment is more complex and severe. From a domestic perspective, there is insufficient domestic demand, and some key areas have accumulated risks and hidden dangers. Therefore, in the second half of the year, we need to increase macroeconomic policy regulation, actively expand domestic demand, expand consumption by increasing household income, and drive effective supply through terminal demand. Introduce and implement targeted incentive policies for private investment to stimulate the enthusiasm of private investment.
Analysis shows that in July this year, the National Development and Reform Commission proposed 17 measures to promote the development of private investment, creating a good ecological guarantee for private investment. In response to the issues of private enterprises being unable to invest, hesitant to invest, and unwilling to invest, Zhejiang has promoted the "Three Project List" around infrastructure and key industries, providing a platform for better participation of private capital; As a leading force in the development of the private economy, Guangdong has introduced specific customized measures to meet the different demands of private enterprises, making them more clear about who they can seek help from and how to solve problems.
In terms of preventing and resolving risks in key areas, the State Council report points out that strengthening risk warning and proper disposal, adapting to the new situation of significant changes in the supply and demand relationship of the real estate market, and implementing policies tailored to the city and making good use of policy toolboxes. Effectively prevent and resolve local debt risks, and implement a comprehensive debt restructuring plan. We will prudently handle risks in the financial sector and steadily promote the reform and insurance of high-risk small and medium-sized financial institutions.
Facing difficulties and challenges, it is particularly important to ensure people's livelihoods. The report proposes to strengthen the implementation of employment priority policies, continuously promote income growth for residents, and improve the level of public services and social security. Make every effort to prevent and rescue disasters such as floods, and effectively carry out post disaster recovery and reconstruction work.
