In 2024, China s economy will do so! The heads of various departments explained in detail the direct

Mondo Finance Updated on 2024-02-02

Xinhua News Agency, Beijing, Feb. 1Question: In 2024, China's economy will do this! The heads of various departments explained in detail the direction of economic policies

Xinhua News Agency reporter.

In the face of the complex external environment and the pressure of domestic transformation, how can China's economy further consolidate the foundation for recovery? In 2024, how can the proactive fiscal policy be appropriately strengthened, improve quality and efficiency? How to enhance the ability of industrial scientific and technological innovation and accelerate the cultivation of new momentum for foreign trade? How to keep food security and fill China's rice bowl with Chinese grain?

For some time now, five series of reports on the economic situation of "comprehensively promoting Chinese-style modernization" have been held in Beijing. The responsible comrades of the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Commerce, and the Ministry of Agriculture and Rural Affairs respectively made special reports, responding to hot topics and explaining in detail the trend of economic policies in 2024.

We will continue to promote the economy to achieve qualitative and effective improvement and reasonable quantitative growth

China's economic recovery is still at a critical stage, and the basic trend of long-term improvement has not changed, but there are still some difficulties and challenges that need to be overcome. Consolidating and enhancing the upward trend is inseparable from the effective convergence and continuous efforts of policies.

Zheng Shajie, director of the National Development and Reform Commission, said that in 2024, it is necessary to focus on the central task of economic construction and the primary task of high-quality development, and promote the continuous implementation of various macro policies.

Stabilize the fundamentals. Strengthen the coordination and cooperation of fiscal, monetary, employment, industrial, regional, science and technology, environmental protection and other policies, and include non-economic policies in the assessment of the consistency of macro policy orientation, so as to ensure that efforts are made in the same direction and a joint force is formed. Promote the growth of residents' income in tandem with economic growth, and cultivate more new forms of consumption and new hot spots. We should do a good job in the implementation of the project of increasing the issuance of treasury bonds, and accelerate the construction of affordable housing.

Cultivating new momentum. Vigorously promote high-level scientific and technological self-reliance and self-reliance, further accelerate the research and development, application and promotion of cutting-edge technologies such as new energy, artificial intelligence, and biomanufacturing, and strengthen national strategic scientific and technological forces.

Energize new energy. We will continue to deepen reforms in key areas, thoroughly implement the deepening and upgrading of the reform of state-owned enterprises, implement the opinions on promoting the development and growth of the private economy, strengthen system construction and supervision in areas such as property rights protection, fair competition, and social credit, and accelerate the construction of a unified national market. At the same time, we will promote high-level opening-up, continue to strengthen the attraction and utilization of foreign investment, further promote urban-rural integration and coordinated regional development, continuously improve the coordination and balance of development, give more prominence to the priority orientation of employment, and ensure the bottom line of people's livelihood.

Zheng Shajie said that to intensify macroeconomic regulation and control, continue to promote the economy to achieve effective qualitative improvement and reasonable quantitative growth, "have the confidence, ability, conditions, and confidence to continue to promote the economic structure to continue to improve, the growth momentum to continue to increase, and the development trend to continue to improve."

Enhance the ability of scientific and technological innovation and promote the construction of a modern industrial system

Industry is the main body and growth engine of the national economy. To give full play to the role of industrial "ballast", we must focus on improving the quality of industrial development and build a modern industrial system with advanced manufacturing as the backbone. Among them, it is very important to enhance the ability of scientific and technological innovation.

Jin Zhuanglong, Minister of Industry and Information Technology, said that in 2024, while making every effort to promote the steady growth of the industrial economy, it is necessary to focus on promoting industrial innovation with scientific and technological innovation. For example, we will fully implement the high-quality development actions of key industrial chains in the manufacturing industry, further promote the industrial base reengineering project and major technical equipment research projects, build a new batch of national manufacturing innovation centers in key areas, and start the creation of national new industrialization demonstration zones.

The main body of innovation is the enterprise. The Ministry of Industry and Information Technology has made it clear that in 2024, it will support leading enterprises to optimize and integrate the value chain of the industrial chain innovation chain, promote the development of small and medium-sized enterprises to specialization, refinement, and innovation, and will focus on guiding large enterprises to open up various innovation resource elements to small and medium-sized enterprises, and encourage the first trial and first use of innovative products of small and medium-sized enterprises.

Innovation is based on the industry. For traditional industries, which account for more than 80% of the manufacturing industry, we will increase the transformation and upgrading, and let the "old trees sprout" through the implementation of technological transformation and upgrading projects in the manufacturing industry. Focusing on advantageous industries such as new energy vehicles and rail transit equipment, it is necessary to accelerate the strengthening of the chain, extend the chain and supplement the chain, and expand the scale advantage. Actively cultivate emerging industries and future industries, take the deep integration of artificial intelligence and manufacturing as the main line, vigorously develop smart products and equipment, smart factories, and smart chains, and accelerate the empowerment of digital technology.

Comprehensively improve the level of upgrading the industrial base and the modernization of the industrial chain, and continuously promote new breakthroughs in new industrialization. Jin Zhuanglong said.

Strengthen policy support and financial guarantee to promote the smooth circulation of the national economy

Fiscal policy is an important means of macroeconomic regulation and control. In recent years, the financial sector has continuously implemented a proactive fiscal policy to contribute to macroeconomic stability. The first economic work conference held in December last year required that the active fiscal policy should be moderately strengthened, and the quality and efficiency should be improved.

This is the general tone of the fiscal policy in 2024 based on the overall economic and social development. Lan Fo'an, Minister of Finance, said that in terms of "moderate strengthening", the main thing is to strengthen the overall planning of financial resources, combine the use of special bonds, treasury bonds, tax incentives, financial subsidies, financial discounts, financing guarantees and other policy tools, and moderately expand the scale of fiscal expenditure. In addition to the fiscal revenue, a deficit of a certain scale will be arranged in 2024, and a part of the funds will be transferred from the budget stabilization and adjustment ** and other ** budgets to ensure that the total fiscal expenditure scale has increased. In addition, we will rationally arrange the scale of investment, increase balanced transfer payments, and optimize and adjust tax and fee policies. In terms of "improving quality and efficiency", the main thing is to promote the legalization, scientificization, standardization and standardization of financial management, spend the same money to achieve greater results, and strengthen the coordination and linkage with other macro policies to improve the effect of supporting high-quality development.

Focusing on promoting high-quality development and promoting Chinese-style modernization, fiscal policy will also be further strengthened. The first is to support the promotion of consumption, expand investment, stabilize foreign trade, and better coordinate domestic and international circulation. Second, it is necessary to adjust the structure, make up for shortcomings, strengths and weaknesses, and improve the quality of economic development. Third, we will continue to improve people's livelihood and well-being, so that the fruits of development can benefit all people in a more equitable manner.

The financial sector will completely, accurately and comprehensively implement the decision-making and deployment, strengthen policy support and financial guarantees, and promote the smooth circulation of the national economy. Lan Foan said.

Consolidate the fundamentals of foreign trade and foreign investment, and accelerate the cultivation of new momentum

When the world economic recovery is sluggish and external demand is sluggish, how can China's foreign trade and foreign investment consolidate the fundamentals and cultivate new momentum?

Expand high-level opening-up and consolidate the 'three pillars' of goods, services and digital. Wang Wentao, Minister of Commerce, said.

Upgrade Cargo**. Implement the policies that have been introduced to stabilize foreign trade, and promote the introduction of new policies in a timely manner. Expand intermediate products, promote green development and digital transformation of the whole chain, promote the healthy, sustainable and innovative development of cross-border e-commerce, improve the specialization, scale and intelligence level of overseas warehouses, promote the gradient transfer of processing in China, actively expand imports, strengthen investment linkage, and attract more foreign investment in "Made in China" and "Chinese Services".

Innovative Services**. Promote the introduction of policies related to the development of services, upgrade and build a national service innovation and development demonstration zone, and promote the expansion and quality improvement of characteristic service export bases. At the same time, we will deepen the opening up of the service sector, promote the relaxation of market access for service industries such as telecommunications and medical care, and introduce and implement a negative list of cross-border services.

Development Digital**. Promote the introduction of digital reform, innovation and development policies, cultivate digital innovation clusters with both science and technology and institutions, actively participate in global digital governance, connect with international high-standard economic and trade rules, and carry out pilot trials.

The difficulties and challenges facing the development of China's foreign trade cannot be ignored, but the favorable conditions are stronger than the unfavorable factors. We have the ability, confidence and confidence to take new steps in promoting the construction of a strong country at a higher level. Wang Wentao said.

Firmly guard food security, and effectively promote the comprehensive revitalization of rural areas

The "three rural" fundamentals have been further consolidated, providing strong support for the economic recovery and high-quality development. In 2024, how to promote the comprehensive revitalization of rural areas?

It is necessary to put the 'two guarantees, three promotions, and two strengthenings' in place one by one. Tang Renjian, Minister of Agriculture and Rural Affairs, said.

The two guarantees are to ensure national food security and ensure that there will be no large-scale return to poverty. It is necessary to do a good job in grain production without slackening, focus on stabilizing rations, corn, and soybeans, maintain overall stability in the sown area, and do a good job in increasing the yield in a large area, so as to ensure that the annual grain output remains at 1More than 3 trillion catties. Promote the focus of various resources on enhancing the endogenous development momentum of poverty alleviation areas and people, and continue to consolidate and expand the achievements of poverty alleviation.

The three promotions are to improve the level of rural industrial development, rural construction and rural governance. It is necessary to do a good job in improving rural characteristic industries, and plan to promote the construction of rural infrastructure and the improvement of public services, which are the key things to popularize and benefit, to see the big from the small, and to lead the area from point to point.

The two strengthenings are to strengthen the two-wheel drive of science and technology and reform, and strengthen the measures to increase farmers' income. It is necessary to systematically promote scientific and technological innovation in agriculture and rural areas, promote rural reform in a down-to-earth and steady manner, and constantly broaden the channels for peasants to increase their incomes and get rich.

With the deepening of Chinese-style modernization, comprehensively promoting rural revitalization and accelerating the construction of an agricultural power are facing rare strategic opportunities and better basic conditions. Tang Renjian said that it is necessary to focus on laying a solid foundation, stabilizing production capacity, preventing risks, increasing vitality, promoting agricultural and rural development to continue to maintain a good momentum, and the comprehensive revitalization of rural areas has continued to make substantial progress and phased results.

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