National Development and Reform Commission: organizing pilot enterprises to study and formulate the implementation plan of mixed reform

category:Finance
 National Development and Reform Commission: organizing pilot enterprises to study and formulate the implementation plan of mixed reform


First, about the economic operation

Focus on three aspects of data.

First, power operation. In terms of power generation, from January to October, the national industrial power generation above designated size increased by 3.1% year on year, 0.1% higher than that from January to September. Among them, thermal power, hydropower, nuclear power, wind power and solar power increased by 1.1%, 6.5%, 19.3%, 5.7% and 14.4% respectively year on year. In October, power generation increased by 4.0% year-on-year, 0.7% slower than last month.

In terms of electricity consumption, from January to October, the electricity consumption of the whole society increased by 4.4% year on year. Among them, the first, second, third and residential power consumption increased by 5.2%, 3.0%, 9.3% and 5.9% respectively year on year, while the third and residential power consumption continued to maintain rapid growth. By region, the power consumption of 27 provinces (regions and cities) in China is growing, among which Guangxi and Tibet have achieved double-digit growth of more than 10%. In October, the power consumption of the whole society increased by 5.0% year-on-year, and the growth rate rose by 0.6 percentage points compared with last month.

Second, the examination and approval of investment projects. In October, the national development and Reform Commission approved eight fixed asset investment projects with a total investment of 44.2 billion yuan, mainly in the energy sector. Among them, the approved external transmission pipeline project (Caofeidian Baodi section) of Hebei Xintian Tangshan LNG terminal will be connected with China Russia east line, Shaanxi Beijing line and other national trunk pipelines as well as Hebei natural gas pipeline network after completion, which is of great significance to ensure regional gas supply safety, improve atmospheric environment and promote economic and social development along the line.

Third, price operation. From January to October, Chinas consumer price rose by an average of 2.6% year-on-year, and the structural characteristics of pork and other food prices were obvious.

In terms of consumer prices, October rose 0.9% month on month, the same increase as the previous month; the year-on-year rise was 3.8%, 0.8 percentage points higher than the previous month. The recent year-on-year increase in CPI has expanded, mainly due to the significant increase in the price of pork and its substitutes, driving the overall food price up 15.5% year-on-year, contributing more than 80% to the increase in CPI. From the perspective of core CPI excluding food and energy prices, since the beginning of the year, the growth rate has gradually declined, with a year-on-year increase of 1.5% in October and an average increase of 1.7% from January to October.

In terms of factory prices of industrial producers, they rose 0.1% month on month (MOM) in October, the growth was the same as that of the previous month; they fell 1.6% year on year, the decline was 0.4% higher than that of the previous month; they fell 0.2% on average from January to October. PPI rose slightly this month, mainly due to the rise in the price of agricultural and non-staple food processing industry. Driven by the rise in food prices, the price of agricultural and sideline food processing industry rose 1.8% month on month.

Second, on the construction progress of Guangdong Hong Kong Macao Bay Area

In accordance with the decision-making and deployment of the Party Central Committee and the State Council, the national development and Reform Commission, together with Guangdong, Hong Kong and Macao and relevant departments, has made positive progress in promoting the construction of the Great Bay area of Guangdong, Hong Kong and Macao in an orderly manner.

First, the 1 + n planning policy system has been continuously improved. In February this year, the outline of the development plan for Guangdong, Hong Kong and Macao Dawan district was released to the public, which clearly defined the overall requirements and key tasks for the construction of Dawan district. At present, we are working with and organizing relevant parties to accelerate the preparation and approval of special plans such as infrastructure interconnection, ecological environment protection, industrial development and intercity railway, and gradually build a 1 + n planning system.

Second, the construction of international scientific and technological innovation center was advanced in an orderly manner. The construction framework of two corridors and two points of the international science and technology innovation center of Guangdong, Hong Kong and Macao Bay area has been gradually built. Among them, two corridors refer to the science and technology innovation corridors of Guangzhou, Shenzhen, Hong Kong and Zhuhai, and two points refer to the two points of Hetao and Hengqin. The Hong Kong University of science and Technology (HKUST) cooperative education project in Nansha New Area of Guangzhou has been approved and is now officially under construction. The Chinese Academy of Sciences and the Hong Kong SAR signed the memorandum on the establishment of affiliated institutions of the Chinese Academy of Sciences in Hong Kong to jointly promote the construction of the Hong Kong Institute of innovation of the Chinese Academy of Sciences. A number of major scientific and technological infrastructures have been started, such as the high current heavy ion accelerator, material genome, brain analysis and brain simulation, etc. scientific research institutions and personnel in Hong Kong and Macao can share and use major scientific and technological infrastructures and large-scale scientific research equipment.

Third, infrastructure connectivity has been continuously strengthened. Nansha bridge was opened to traffic smoothly, and the construction of Shenzhen China channel was carried out in an orderly manner. The construction of Jiangxi Shenzhen high speed railway and Guangzhou Shantou high speed railway was accelerated, the construction of Guangzhou Zhanjiang high speed railway was started, and the preliminary work of key projects such as the Shenjiang section of Shenzhen Maoming railway and Shenzhen Huizhou intercity railway was carried out steadily. The construction of the third runway of Shenzhen airport was approved, and the expansion project of Huizhou airport terminal, freight area and apron was started. Huanggang port reconstruction project was launched, and the customs inspection and supporting area at Zhuhai side of the joint inspection building of Guangdong Australia New Channel (Qingmao port) has been sealed.

The fourth is to speed up the building of a high-quality life circle suitable for living, business and tourism. The implementation plan for strengthening the construction of Hong Kong and Macao Youth Innovation and entrepreneurship base was issued and implemented to include Hong Kong and Macao entrepreneurs in the scope of local entrepreneurship subsidies. The preferential policies for personal income tax in Dawan District of Guangdong, Hong Kong and Macao have been issued, and the detailed rules for implementation have been formulated by Guangdong Province. The high-end talents and talents in short supply working in 9 cities in the Pearl River Delta will enjoy preferential tax policies.

On November 6, vice premier Han Zheng chaired a leading group meeting on the construction of the Great Bay area of Guangdong, Hong Kong and Macao in Beijing, studied and proposed a number of preferential policies and measures for Hong Kong and Macao, and deployed the next phase of the construction of the Great Bay area. In the next step, we will work with relevant parties to actively and steadily promote the implementation of relevant major policies and key tasks.

The third aspect is about the latest progress in the construction of the one belt and one road initiative.

In terms of policy communication, by the end of October, China had signed 197 cooperation documents with 137 countries and 30 international organizations, including developing countries, developed countries, and many companies and financial institutions from developed countries cooperated with China to explore third-party markets.

With regard to the facilities interconnection, the projects of the old fellow railway, the Zhongtai railway, the Ya Wan high speed railway and the Hungarian railway have been progressing smoothly, and the projects of Gwadar, Hanban toto, Piraeus port and Halifa port are progressing smoothly. By the end of October, the cumulative number of China EU trains had reached nearly 20000.

In terms of unimpeded trade, from January to September this year, Chinas total import and export to the countries along the belt and road amounted to about 950 billion US dollars, and its non-financial direct investment to the countries along the belt and road exceeded 10 billion US dollars. China Belarus Industrial Park, China Arab (UAE) production capacity cooperation Park, China Egypt Suez economic and trade cooperation zone, etc. are advancing steadily.

In terms of financing, China has established bilateral local currency swap arrangements with more than 20 countries along the line and RMB clearing arrangements with seven countries. The framework for sustainability analysis of debt along the belt has been officially released, and a multilateral development financing cooperation center has been set up, which has jointly established the capacity building center with the International Monetary Fund.

In terms of people to people exchanges, a series of achievements have been made in scientific and technological exchanges, educational cooperation, cultural tourism, green development, foreign aid, etc.

Next, we will adhere to the principle of sharing and sharing with all parties concerned, adhere to the concept of openness, green and integrity, and push forward the second summit of one belt and one road international cooperation.

Fourth, implementation opinions on promoting the deep integration and development of advanced manufacturing industry and modern service industry

To promote the deep integration of advanced manufacturing industry and modern service industry is an inevitable trend to comply with the new round of technological revolution and industrial reform, and also an important channel to enhance the core competitiveness of manufacturing industry, cultivate modern industrial system and achieve high-quality development. Recently, 15 departments including the national development and Reform Commission jointly issued the implementation opinions on promoting the in-depth integration and development of advanced manufacturing industry and modern service industry, which was approved by the 10th meeting of the comprehensive Deepening Reform Commission of the Central Committee. Today, it is officially released through the website of the Commission. Here, it focuses on four aspects.

First, the overall goal. It is clear in the implementation opinions that by 2025, a number of enterprises, platforms and demonstration areas with active innovation, remarkable benefits, excellent quality and outstanding driving effects will be formed for in-depth integrated development. The investment in productive services of enterprises will be gradually increased, and the industrial ecology will be continuously improved. The integration of the two industries will become an important support for promoting the high-quality development of the manufacturing industry.

The second is a new mode of integrated development. According to the implementation opinions, 10 typical business types and models with great development potential and good prospects are put forward, including promoting the construction of intelligent factory, accelerating the innovation and application of industrial Internet, promoting flexible customization, developing shared production platform, improving the level of general integrated contracting, strengthening the whole life cycle management, optimizing supply chain management, developing service derived manufacturing, and developing industrial cultural tourism Travel and other new business models.

Third, a new path of integrated development. According to the key industries of manufacturing industry and service industry, the implementation opinions put forward 10 possible paths to accelerate the two-way integration development of key industries such as raw material industry, consumer goods industry, equipment manufacturing industry and automobile manufacturing.

Fourth, we should play a diversified role. According to the implementation opinions, we should give full play to the important roles of leading enterprises in the industrial chain, key enterprises in the industry, specialized, special, new, small and medium-sized micro enterprises, platform enterprises and institutions, and release the potential for the integrated development of various entities.

At the same time, the Implementation Opinions also made clear the relevant security measures from the aspects of optimizing the development environment, strengthening the land security, increasing financial support, strengthening the human resource security, etc.

Next, the national development and Reform Commission, together with relevant departments, will conscientiously carry out the implementation of the implementation opinions, speed up the issuance of supporting policies and rules, strengthen policy innovation, increase security and support, encourage and support qualified local, industrial parks and enterprises to carry out integrated development pilot, try first, explore and form different ones in line with Chinas reality The mode and path of integration development of regional characteristics and industry characteristics.

Fifth, relevant provisions on venture capital fund and government funded industrial investment fund

In order to implement the separate requirements of the new regulations on venture capital funds and government funded industrial investment funds, better play the role of two types of funds, meet the medium and long-term capital needs of the real economy, guide more social capital and resources to support innovation, entrepreneurship and industrial transformation and upgrading, and effectively prevent and control financial risks while effectively enhancing the real economic capacity of financial services, Recently, the national development and Reform Commission, together with the peoples Bank of China and other departments, jointly printed and issued the notice on further standardizing matters related to the investment in venture capital funds and government funded industrial investment funds by asset management products of financial institutions. The notice mainly clarifies the application of new regulations on asset management and their implementation rules for venture capital fund funded by asset management products and government funded industrial investment fund. The overall thinking and main contents are consistent with the guidance and basic principles of the new regulations and their implementation rules.

In terms of specific measures, there are three main points: first, clear policy arrangements for the transition period. Before the introduction of the new regulations, some financial institutions had signed subscription agreements or actual contributions with the two types of funds. In order to avoid the influence of half pulling project on the funds function of serving the real economy, according to the principle of breaking the old and the new regulations, the subscription agreement signed by the financial institutions and the two types of funds that meet the requirements of the notice before the new regulations of asset management is still valid. During the transitional period, the financial institutions can issue two types of funds that meet the requirements of the notice with the investment of the old products, but should control In order to prevent the cliff effect at the end of the transition period, the system should be within the overall scale of the stock products and reduce them in an orderly manner.

Second, during the transitional period, the investment of public funds management products is allowed to meet the requirements of the notice. During the transition period, if the investment of asset management products meets the requirements of the notice for two types of funds, financial institutions may regard the products as qualified investors as a whole on the premise of fully disclosing and presenting the investment nature and investment risks of the products to investors.

Third, moderately loosen the nesting restrictions. According to the notice, when two types of funds that meet the specified requirements accept the investment of asset management products and other private investment funds, the two types of funds are not regarded as the first level asset management products to avoid the impact on the operation of the fund. This policy is applicable to the transitional period and the end of the transitional period.

Next, the national development and Reform Commission, together with relevant departments, will strengthen supervision over the implementation of the circular by the two types of funds and financial institutions that meet the requirements of the circular, further strengthen financial risk prevention, eliminate regulatory arbitrage space to the maximum extent, and better play the positive role of the two types of funds in serving the high-quality development of the real economy.

Sixth, on poverty alleviation through consumption

At the end of 2018, the general office of the State Council issued the guiding opinions on deepening consumer poverty alleviation and helping to win the battle against poverty. In the past year, the national development and Reform Commission, together with various regions and departments, has carried out a lot of work in expanding consumption scale, breaking through the bottleneck and improving supply quality, and achieved positive results.

First, we should strengthen top-level design and focus on building a policy system to support consumer poverty alleviation. The national development and Reform Commission, the Ministry of agriculture and rural areas, the national supply and marketing cooperatives and other departments shall formulate and implement the implementation plan of the guiding opinions in a timely manner, and put forward clear requirements for the consumption poverty alleviation work of their own departments and systems. The Ministry of Finance and the Poverty Alleviation Office of the State Council issued a special circular to give full play to the effect of government procurement policies to guide consumption poverty alleviation.

Second, we should mobilize a wide range of organizations and strive to pool the strong joint efforts of all parties involved in poverty alleviation through consumption. We will give full play to the role of counterpart support and poverty alleviation cooperation mechanism between the East and the west, and guide provinces and cities to vigorously promote poverty alleviation through consumption. We will hold the mayors Forum on consumer poverty alleviation in 2019, summarize and exchange good practices and experiences of various departments in various regions to promote consumer poverty alleviation, and discuss new ways and measures to further mobilize the whole society to participate in consumer poverty alleviation. Open a public welfare platform to serve the docking of production and marketing of agricultural products in poor areas.

Third, we should aim at the short board of circulation and strive to break through the prominent bottleneck that restricts the poverty alleviation through consumption. We will deepen the pilot program for universal telecommunications services, and push the proportion of broadband access to poor villages to exceed 98%. We will vigorously implement the comprehensive demonstration of e-commerce in rural areas, and achieve full coverage of poverty-stricken counties at the national level. We will accelerate the express delivery to the countryside project, and increase the coverage of express outlets in villages and towns to over 95%. Promote chain operation and logistics distribution network to extend to rural areas, open up the last mile of agricultural products.

Fourth, improve the quality of supply and strive to promote the sustainable development of poverty alleviation through consumption. We will support poor areas to establish demonstration parks for the integrated development of rural industries and promote the integrated development of primary, secondary and tertiary industries. We will speed up the improvement of facilities in scenic spots in poverty-stricken areas and promote the upgrading of rural tourism. Establish a green channel for food certification in poverty-stricken areas, and support a large number of green food enterprises, organic enterprises and geographical indication products to become bigger and stronger.

Fifth, we should strengthen publicity and guidance, and strive to create a good atmosphere to support consumer poverty alleviation. We will give full play to the advantages of the central news media, launch a series of large-scale thematic publicity activities, organize and implement targeted poverty alleviation projects through advertising, and launch special columns on targeted poverty alleviation. Mobilize new media forces to promote the special products of poor areas in a more vivid form. Jilin, Henan, Jiangsu and other provinces through the first secretary endorsement, county leaders into the live broadcast room and online Red anchor to promote consumption poverty alleviation.

Recently, 15 departments, including the national development and Reform Commission, the Poverty Alleviation Office of the State Council, the working committee of the central and state organs, the Ministry of education, the Ministry of finance, the Ministry of agriculture and rural areas, the Ministry of Commerce, the Ministry of culture and tourism, issued the initiative of mobilizing the whole society to participate in the poverty alleviation through consumption to help the poor get rid of poverty and the long-term development of poverty-stricken areas. A trickle is enough to make a river. We believe that with the participation of the whole society, the poor people will be able to get rid of poverty and increase their income as soon as possible, and share the fruits of reform and development with the people of the whole country.

The above is what I want to introduce to you today. Now, welcome to ask questions. In accordance with the usual practice, please inform the media represented by the journalist friends who ask questions.

Reporter of economic reference:

The executive meeting of the State Council just held decided to improve the capital management of fixed asset investment projects and appropriately adjust the capital ratio of infrastructure projects. What is the background of this policy? What is the reason for the adjustment of capital ratio of infrastructure projects? Thank you.

Thank you for your question. The capital system of fixed asset investment project is an important means to optimize the investment structure and deepen the supply side structural reform in the investment field. Since the establishment of this system in 1996, the State Council has adjusted the minimum capital ratio of the project in 2004, 2009 and 2015 respectively, which has played a positive role in strengthening macro-control and maintaining the sustainable and healthy development of the national economy.

Since this year, the Party Central Committee has put forward clear plans and requirements for doing a good job in the six stability work, promoting effective investment, and increasing the strength of infrastructure deficiencies. This years report on the work of the government clearly stated that we should innovate project financing methods and appropriately reduce the capital ratio of infrastructure and other projects. The implementation of the decision-making and deployment of the Party Central Committee and the State Council, through appropriate adjustment of the proportion of capital, is conducive to giving play to the guiding role of the project capital system, mobilizing the enthusiasm of all parties, promoting the adjustment and optimization of industrial structure, and promoting the formation of a strong domestic market.

In order to do this work well, the national development and Reform Commission has done a lot of investigation and research work since this year in accordance with the problem orientation and how to further improve the effectiveness and pertinence of the policy. It has also widely listened to the opinions of all aspects, understood the market demand and listened to the opinions of all aspects. The adjustment of project capital ratio is mainly to explicitly reduce the proportion of project capital in some industries, and adjust the minimum proportion of port, coastal and inland navigation project capital from 25% to 20%. Considering that there are differences in the level of return and the ability of debt financing covered by the return, some projects have good return and strong solvency after completion, and financial institutions are allowed to have some flexibility in policy, for example, for infrastructure projects in the areas of roads, railways, urban construction, logistics, ecological environment protection, social livelihood, etc., the return mechanism of investment is clear, the return mechanism is reliable and the risk is high Under the premise of control, it is allowed to reduce the minimum proportion of project capital within the range of no more than 5%. At the same time, the relevant policies to encourage project legal persons and project investors to issue equity and equity financial instruments and standardize the financing of investment project capital through multiple channels are also made clear.

It should be emphasized that the proportion of project capital stipulated by the state is the lower limit of the minimum proportion of project capital. The actual proportion needs to be determined by the investors and financial institutions on the basis of implementing the state regulations and taking into account the actual situation of the investment income, loan risk and so on of the project. The financial institutions should decide whether to grant loans and the number of loans according to the principle of commercialization Proportion.

After the relevant policies are officially released, the national development and Reform Commission will work with relevant departments to carry out the relevant work. Thank you. Welcome to continue to ask questions.

Reporter from CCTV:

Now the winter heating season has begun, so I want to ask how the current situation of natural gas supply guarantee is, and whether the price of natural gas can remain stable? Thank you.

Recently, the chief director of the operation Bureau of the CPC Committee accepted an exclusive interview with Xinhua News Agency on the issue of energy supply guarantee this winter, and made a very comprehensive response to the issue of energy supply guarantee during the heating period. The national development and Reform Commission attaches great importance to this work. Since November, it will establish a daily scheduling mechanism for natural gas supply guarantee with all localities, relevant departments and enterprises, keep abreast of the dynamics of natural gas supply and demand at any time, and find and deal with problems affecting supply in time. From the perspective of recent operation, the growth of gas demand is relatively stable, the supply of natural gas resources is relatively sufficient, and a good balance between supply and demand is maintained.

With regard to natural gas prices, during the heating season, the state will take effective measures to keep the domestic natural gas prices in a reasonable range. Quantity and price guarantee shall be implemented for residential gas consumption, that is, on the basis of ensuring the total supply, the benchmark gate station price of each province formulated by the State shall not rise; on the basis of ensuring the supply, the price shall be adjusted moderately according to the supply-demand relationship, but the rising range shall be based on the benchmark gate station price The price of other market-oriented gas volume shall be determined by the supplier and the demander through consultation. In order to ensure the stability of peoples livelihood prices, during the heating season, local governments will no longer adjust the sales prices of residential gas terminals.

Keeping warm and providing for work is related to peoples livelihood. As the temperature decreases, the demand for heating gas will further increase, and it may encounter a large range of extremely cold weather. For these factors, we will stick to the bottom line thinking with the relevant parties, make a good emergency plan, strengthen risk prevention, make the possible difficulties and problems more fully estimated, make the work we can do more solid and detailed, and stick to the reality of all regions, and make sure that the people are warm for the winter.

Reporter of China Securities News:

My question is about mixed ownership reform. Can you give us an introduction to the current progress of the fourth batch of mixed ownership reform? As the end of the year approaches, will the landing process be accelerated? Thank you.

Thank you. Everyone pays close attention to the topic of mixed ownership reform. The Fourth Plenary Session of the 19th Central Committee of the Communist Party of China proposed exploring various forms of public ownership, and promoting the reform of mixed ownership is an important practice to implement the spirit of the Fourth Plenary Session of the 19th Central Committee of the Communist Party of China, and an important breakthrough in the reform of state-owned enterprises.

In recent years, in accordance with the general requirements of improving governance, strengthening incentives, highlighting the main business and improving efficiency put forward by the central government, the national development and Reform Commission, together with the state owned assets supervision and Administration Commission, has actively and steadily promoted the pilot reform of mixed ownership of state-owned enterprises. At present, it has launched four batches of more than 200 pilot projects. The pilot project of mixed reform adheres to the combination of introducing capital and transforming mechanism, focuses on system construction and system mechanism innovation, and seeks breakthroughs in improving corporate governance, establishing and improving incentive mechanism and transforming operation mechanism. At present, 70% of the 50 pilot enterprises in the first three batches have basically completed or will soon complete the task of mixing, and most of them have completed the main tasks of pilot enterprises, such as the establishment of new companies, the reconstruction of corporate governance mechanism, and the construction of incentive system. From the perspective of effect, the continuous improvement of business operation after the mixed reform is highlighted as five rises and five falls, that is, the improvement of corporate governance ability and vitality benefits, and the decline of loss area; the improvement of state-owned capital rights and functions, and the decline of enterprise leverage rate; the improvement of enterprise labor productivity, and the decline of core employee turnover rate; the improvement of enterprise core competitiveness, and the decline of the gap with the leading enterprises in the industry The development space of non-public economy has been improved, and market access restrictions have been reduced.

With regard to the fourth batch of pilot projects that you are concerned about, in May this year, the fourth batch of pilot projects for mixed reform was officially launched, totaling 160. The fourth batch of pilot projects have achieved substantial growth in both quantity and field. In field, they are not limited to important fields such as power, oil, natural gas, railway, civil aviation, telecommunications, military industry, etc., including state-owned enterprises in traditional manufacturing industry, but also state-owned enterprises in strategic emerging industries such as Internet, software and information technology services, new energy, new materials, energy conservation and environmental protection At the same time, it also includes some state-owned holding enterprises that have achieved equity level mixing and intend to further deepen reform in improving governance. At present, we are organizing pilot enterprises to study and formulate the implementation plan of mixed reform. Many pilot enterprises are promoting mixed reform projects through multiple channels and actively introducing strategic investors. Some pilot enterprises have been listed in the property rights exchange.

In the near future, we will also organize the fourth batch of pilot training meeting on mixed reform to conduct special training on some important policies and key links in the promotion of mixed reform. The first three groups of pilot enterprises are invited to introduce typical experience and practices, promote the pilot enterprises to strengthen mutual learning and mutual learning, and promote the implementation of mixed reform pilot to achieve results. Thank you. Now welcome to continue to ask questions.

Reporter of China News Agency:

At the opening ceremony of the fair, President Xi once again mentioned the development of the Yellow River Basin, so I would like to ask what kind of planning does the development and Reform Commission have for the development of the Yellow River Basin? Thank you.

In September 18th this year, general secretary Xi Jinping hosted a symposium on ecological protection and high quality development of the the Yellow River River Basin in Zhengzhou, Henan, and delivered an important speech. It provided a fundamental direction for our efforts to promote the ecological protection and quality development of the the Yellow River River Basin.

In accordance with the spirit of general secretary Xi Jinpings important speech, the NDRC has been pressing ahead with two aspects in recent years, one is to carry out major research, and the other is to organize the compilation of the outline of the plan. In terms of research on major issues, in-depth research and demonstration are being carried out on major topics such as climate change impact, water sediment relationship change, water resource allocation, etc. in collaboration with relevant departments, local governments and research institutions, so as to provide reference for top-level design and leadership decision-making. In terms of planning, in combination with the actual situation of the Yellow River Basin and the different characteristics of the upper, middle and lower reaches, and focusing on strengthening the ecological environment protection, ensuring the long-term stability of the Yellow River, promoting the conservation and intensive utilization of water resources, promoting the high-quality development of the yellow River Basin, and protecting, inheriting and carrying forward the Yellow River culture, relevant departments are being organized to carry out the preparation of the planning outline.

Next, we will further conscientiously study and deeply understand the spirit of general secretary Xi Jinpings important speech at the Symposium on ecological protection and high quality development in the the Yellow River River Basin. In accordance with the decision and deployment of the Party Central Committee and the State Council, we will effectively and effectively promote the implementation of the work.

Time weekly:

May I ask about the price of pork. As pork prices continue to rise, what are the next work arrangements of the national development and Reform Commission? How to guarantee the basic stability of pork supply and price at the end of this year and the beginning of next year? Thank you.

Thank you for your question. Everyone is concerned about the price of pork. Just now, when introducing the price operation, I also mentioned that the recent rise of pork price is a very important factor affecting the increase of CPI. Pork price concerns peoples livelihood. In accordance with the decision-making and deployment of the Party Central Committee and the State Council, the national development and Reform Commission, together with relevant departments, has actively carried out the work of ensuring supply and price stability in the pork market, and has issued and implemented a series of policies and measures. Next, we will further implement policies and measures to ensure the basic stability of the market and the basic livelihood of the people in need. There are mainly several aspects of work.

First, we will continue to increase our efforts to promote pig production. The national development and Reform Commission, together with the Ministry of agriculture and rural areas, has increased investment support within the central budget, supported the construction of large-scale pig farms and pig breeding farms, expanded the scope of implementation of livestock and poultry manure resource utilization projects, and supported the construction of projects to improve the protection capacity of animals and plants. Through these support, we have promoted stable production and supply of pigs.

Second, increase meat supply through multiple channels. We will increase the production and supply of beef, mutton, poultry and eggs, expand the import of pork, beef and mutton and other substitutes through multiple channels, and ensure that the overall market supply of meat protein is basically sufficient.

Third, properly implement the frozen pork reserve. At present, the central and local governments have established a certain scale of frozen pork reserve, which will be put into the market at the right time to ensure the demand for pork consumption.

Fourth, we should promote the basic peoples livelihood. We will focus on the urban and rural residents in need, especially the poor, and guide local governments to launch the linkage mechanism of price subsidies in a timely manner according to the price rise, and issue temporary price subsidies in full.

Fifth, closely monitor and predict price changes. Monitor the price of pork in the whole country and all over the country every day, study and judge the trend in the later period, find out the emerging problems in time, and prevent and solve them.

In addition, it will cooperate with relevant departments to strengthen market supervision and maintain a good market order.

Xinhua News Agency:

The fair just concluded once again shows us the great attraction of Chinas powerful domestic market. What measures will we take next to better promote consumption upgrading and develop new forms of consumption? Yesterdays data released by the National Bureau of statistics also showed that the growth rate of total retail sales of consumer goods fell by 0.6 points in October. What measures will we take in the fourth quarter to better play the basic role of consumption in economic growth? Thank you.

Since this year, Chinas consumer goods market has operated steadily on the whole. From the perspective of total amount, the basic role of consumption continues to appear. In the first three quarters, the total retail sales of social consumer goods increased by 8.2% year on year, and the contribution rate of final consumption expenditure to economic growth reached 60.5%. From a regional perspective, the growth rate of rural consumption is higher than that of urban consumption. In the first three quarters, the retail sales of consumer goods in rural areas increased about 1 percentage point faster than that in urban areas. From the perspective of channels, online consumption is obviously faster than offline consumption. In the first three quarters, the online retail sales of physical goods increased by 20.5% year on year, 12.3 percentage points higher than the total retail sales of consumer goods. We have also noticed that in the past double 11, the turnover of major e-commerce has reached new highs. You can feel that a huge consumption boom is coming.

What we need to see is that China has a huge market advantage, coupled with the continuous application of new technologies and means, to give full play to the basic role of consumption in economic development, still has great potential and space to tap. Just now, I introduced to you the implementation opinions on promoting the deep integration and development of advanced manufacturing industry and modern service industry jointly issued by 15 departments, among which there are many policies and measures to boost consumption. We will work with relevant departments to earnestly implement the policies and measures that have been put in place to further stimulate domestic consumption potential.

First, actively develop new forms and models of consumption. In the document of the integration and development of the two industries, many new business forms and new models are also mentioned. From the perspective of new business forms, promote new consumption by industrial integration. For example, in the integration of consumer goods industry and service industry, we will focus on the development of large-scale and personalized customization in the fields of clothing and home furnishings, as well as full chain intelligent ecological services in the fields of smart phones, home appliances and new terminals. For another example, in terms of innovation and integration of key areas of consumer services and manufacturing industry, we will focus on the development of high-end medical equipment such as surgical robots, medical imaging, remote diagnosis and treatment, and carry out value-added services such as health management, exercise guidance, and precise care, so as to gradually realize equipment intelligence and life intelligence. These also meet the requirements of high-quality development. From the perspective of the new model, expand consumption through online and offline integration. We will strengthen digital transformation in areas such as education and training, medical care, elderly care, infant care, cultural entertainment, and sports events, and actively develop shared consumption, customized consumption, experience consumption, and intelligent + service consumption. At the same time, further improve the rural logistics infrastructure network, promote the special action of efficient distribution in urban and rural areas, and promote the high-quality development of rural e-commerce.

Second, we need to stabilize consumption in traditional areas. On the one hand, we need to stabilize the consumption of automobiles. We should break the restrictions on automobile consumption, explore and implement specific measures to gradually relax or cancel the restrictions on automobile purchase, and promote the transformation from the policy of restricting automobile purchase to the policy of guiding the use of automobiles. On the other hand, we should vigorously promote the renewal of consumption. Focusing on household appliances and consumer electronics, we will implement the extended producer responsibility system, improve the recycling and dismantling system for used products, and improve the methods for recycling and updating motor vehicles, ships and agricultural machinery. In the field of recycling, we still have a lot of space and potential to tap.

Third, we should vigorously improve the consumption environment. The focus is on improving quality and promoting experience. The so-called quality improvement is to comply with the trend of consumer upgrading, comprehensively improve the competitiveness of Chinese products and services, strengthen the construction of service industry standard system, promote the construction of important product traceability system, and fully unblock the channels for consumers to safeguard their rights. The so-called experience promotion refers to the active promotion of good experience and good practices in promoting consumption in various regions by holding on-site experience exchange meetings and other ways. For example, recently, our committee, together with the Ministry of culture and tourism, has conducted in-depth research on the situation of Yunnans remolding the new ecology of tourism consumption with no reason to return and exchange goods. Through such measures, it has played a very good role in further stimulating Yunnans tourism consumption potential. We will further sort out and refine such good experiences and practices, and promote them in appropriate ways. I also hope that journalists and friends can more tap into some bright spots in the field of consumption, and intensify publicity and promotion. Thank you.

Time relations, last question.

Red Star reporter of Chengdu Business Daily:

My question is about the document just mentioned. Recently, 15 departments such as the national development and Reform Commission jointly issued the implementation opinions on promoting the in-depth integration of advanced manufacturing industry and modern service industry. We have noted that in this document, play the role of diversified integration development body. What is the reason? What are the specific implementation measures for the next step? Thank you.

Thank you. This opinion has just been released, and probably many policies and measures are still being digested and absorbed. It should be said that there are still many highlights in this document. I hope media friends can publicize more. The question mentioned by the journalist friend just now is also one of the highlights of the document. The implementation opinions clearly put forward that in the process of promoting the integrated development of advanced manufacturing industry and modern service industry, we should play the role of diversified integrated development subjects. These subjects include not only the leading enterprises in the industrial chain, the backbone enterprises in the industry, but also the specialized, special, new, small and medium-sized micro enterprises, platform enterprises and institutions, as well as other subjects. The main reasons for the special provisions on the main body of enterprises are as follows:

On the one hand, the integration of the two industries is the inevitable outcome of the technological revolution, industrial transformation and consumption upgrading. The format and mode of the integration of the two industries are gradually formed through constant birth and test in the market competition. The development path needs the continuous exploration and independent choice of the enterprise in combination with the actual situation, and the main role of the enterprise must be played to promote the integration of the two industries. Second, different market entities have their own characteristics and advantages. For example, the leading enterprises in the industry chain are at the top of the value chain and have the appeal of the whole industry chain; the backbone enterprises in the industry have outstanding innovation ability, brand influence and demonstration effect; the majority of small and medium-sized enterprises are close to the market, flexible in management and strong in adaptability; the platform enterprises and institutions can integrate resources and set up Gather enterprises to promote the precise docking of production and marketing, high efficiency and unimpeded; other types of market entities also have different advantages in terms of talent, capital, technology, data, etc. to promote the integration development of the two industries, we must give full play to the unique advantages of various market entities. Third, from the perspective of practice, in recent years, various enterprises have accumulated a lot of good experience and good practices. For example, leading enterprises in the industrial chain such as Huawei, backbone enterprises in Baowu group, Shaangu, and platform enterprises such as Netease and Xiaomi have gradually explored and formed a number of representative business models and typical paths. A large number of specialized, special and new small and medium-sized and micro enterprises have also explored and innovated in practice and actively explored new business models suitable for their own development. It can be said that these diversified market players have become an important force to promote the integration and development of the two industries.

Although enterprises are the main body of the integration development of the two industries, in the process of promoting the integration development of the two industries, the government should also do something to create a good development environment and actively promote it. In the next step, we will work with relevant departments to implement the implementation opinions, focus on solving a number of institutional and institutional obstacles restricting the integration of the two industries, strengthen policy innovation, and increase support and guidance for various market entities. First, we will intensify reform efforts in enterprise qualification and certification management system, data open sharing and security protection, government procurement and other aspects to ease development obstacles. Second, we will accelerate the improvement of quality control, labeling standards, statistical evaluation and other systems, and make up for the institutional weaknesses in the integrated development of the two industries. Third, to meet the needs of the integration development of the two industries, we should intensify our efforts in the supply of innovative land, financial services, medium and long-term financing, and the cultivation of compound talents, and effectively strengthen factor guarantee. Fourth, we should encourage all kinds of market entities that meet the conditions to carry out pilot projects for the integration of the two industries, try first, and explore new models and paths for the integration of different industries in line with their own development reality.

In the process of the pilot, we also hope that the media friends present here can participate in, publicize and report on the good experiences and good practices of the integration of the two industries, and promote the integration of the two industries to make new progress and achievements.

This concludes todays press conference. Thank you media friends.