What economic signals have been released by the Political Bureau meeting of the CPC Central Committee?

category:Society
 What economic signals have been released by the Political Bureau meeting of the CPC Central Committee?


In the context of the series of reform and opening up measures and the full disclosure of economic data in the first quarter, the conference released four big signals. Deepening the reform and implementing strong signal measures should be implemented as soon as possible First, the central finance and Economic Commission held its first meeting to deploy the three major battle areas to prevent and resolve major risks, eliminate poverty accurately and prevent pollution. Then, at the 2018 annual meeting of the Boao Forum on Asia, Chinese President Xi Jinping announced a series of major measures, such as Chinas big relaxation of market access, the creation of a more attractive investment environment, the protection of intellectual property rights, and the initiative to expand imports. Chinas openness and initiatives in the manufacturing sector such as finance, automobile and aircraft are attracting global attention. Then, China announced the construction of a pilot Free Trade Zone in Hainan and gradually built a free trade port with Chinese characteristics. The self trade island, which reaches 35 thousand square kilometers in Hainan, is not only larger than the other 11 other self - trade test areas in China, but also over the international trade zone of Rotterdam, Singapore and Dubai. In the 40th anniversary key nodes of reform and opening up, this series of combination boxing is meaningful. Todays meeting considered these policies to be a new major initiative for opening wider to the outside world and released the strong signal of Chinas deepening reform and opening up. The meeting also called for more proactive reform and opening up, deepening the reform of state-owned assets, finance and taxation, and implementing the major open initiatives as soon as possible. The economy is in good shape and we still need to work hard to complete the whole years task. Chinas National Bureau of Statistics recently released data showing that Chinas gross domestic product (GDP) grew by 6.8% year-on-year in the first quarter of this year, unchanged from the fourth quarter of last year. Xing Zhihong, spokesman of the National Bureau of statistics, said that this laid a good foundation for the steady and healthy development of the economy throughout the year. Liu Yuanchun, vice president of Renmin University of China, told China and Singapore to be a direct train reporter. The 2018 start of the data has shown that the foundation of Chinas recovery is solid and provides a good space for the reform and adjustment. But at the same time, he warned that, considering that some of the deep-rooted problems in Chinas economy have not been solved, the continuous reform measures will bring certain impact on economic growth in the short term and the uncertain factors such as trade frictions. In 2018, Chinas economy will show a high and slow trend. The conference also stressed that Chinas economic cyclical situation has improved, but the structural and deep-seated problems that restrict the economy continue to be better, and the three major battles still have many problems to be tackled, and the world economic and political situation is more complex and more complicated to complete the target task of the whole year. Key technology to tackle key tasks of supply side reform In the context of a small chip causing extensive thinking on Chinas scientific and technological innovation capability, the conference clearly points out key key technologies in the deployment of the supply side structural reform. The meeting stressed that we should deepen the structural reform of the supply side, make more use of the market based rule of law to dissolve excess capacity, strengthen key key technologies, actively support new industries, new models and new formats, continue to decentralization, reduce taxes and reduce costs, and reduce enterprise financing, energy use and logistics costs. It is worth noting that the National Conference on network security and information work, which was held earlier, made a clear request to make determination, perseverance and focus, and accelerate the core technology breakthrough in the information field. Wang Changlin, standing vice president of the National Institute of macro economic research of the national development and Reform Commission of China, pointed out that the development and industrialization of Chinas high-tech development can be supported by large domestic demand to promote core technology, which is not available to many other countries. With the development of Chinas economic development to high quality development stage and the continuous improvement of the peoples living standards, The demand for high - tech products such as artificial intelligence, biomedicine and other high - tech products will rise rapidly. The huge domestic demand potential will be released constantly, and the high-tech industry will continue to develop rapidly. Wang Changlin stressed that as long as China makes full use of its advantages, it will unswervingly strengthen independent innovation, actively participate in international division of labor and cooperation, vigorously develop high technology and realize industrialization. In the field of high-tech industry, it can not only make a difference, but also fully have a great action to achieve rapid development of high-tech industry. Guarding against financial risks, naming credit, stock market bond market and property market In view of the control of financial risks, the conference stressed that we should promote the healthy development of credit, stock market, debt market, foreign exchange market and property market, and timely follow up supervision to eliminate hidden dangers. Liu Yuanchun stressed that the core and key point of Chinas financial risk reduction is to change the soft constraints between the past silver politics, the soft constraints between the government and the enterprises and the soft constraints between the banks and enterprises from the angle of the behavior pattern and the angle of control and control, so as to push the market order into the right track.