The General Assembly mentions finance 21 times! What to expect in 2024?

Mondo Finance Updated on 2024-03-06

The report states:

Risks in key areas of the economy and finance have been steadily resolved.

The decline in external demand and the lack of domestic demand meet, cyclical and structural problems coexist, and the risks and hidden dangers of real estate, local debt, and small and medium-sized financial institutions in some places are highlighted, and some areas suffer from serious natural disasters such as floods, typhoons, and **.

We have formulated and implemented a package plan for resolving local debts, and handled financial risks in a classified manner, so as to maintain the bottom line of preventing systemic risks.

Deepen reforms in the fields of finance, taxation and finance, agriculture and rural areas, and ecological and environmental protection.

Strictly implement the spirit of the eight regulations, continue to rectify the "four winds", and vigorously promote the inspection and rectification of financial units and state-owned enterprises.

When clarifying the overall requirements and policy orientations of economic and social development in 2024, it is emphasized:

A prudent monetary policy should be flexible, moderate, precise and effective. Maintain reasonable and abundant liquidity, and match the scale of social financing and the amount of money with the expected targets of economic growth and the highest level. Strengthen the dual adjustment of aggregate volume and structure, revitalize stocks, improve efficiency, and increase support for major strategies, key areas and weak links. Promote the steady and moderate decline of comprehensive social financing costs. Smooth the monetary policy transmission mechanism to avoid the idling of capital precipitation. Enhance the intrinsic stability of the capital market. Maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. Vigorously develop science and technology finance, green finance, inclusive finance, pension finance, and digital finance. Optimize supporting measures such as financing credit enhancement, risk sharing, and information sharing, to better meet the financing needs of small, medium and micro enterprises.

Clearly in the deployment of the 2024 ** work tasks:

Promote reforms in the fields of finance, taxation and finance. Build a high-level socialist market economy system reform pilot zone. Plan a new round of fiscal and taxation system reform, implement the reform and deployment of the financial system, and increase fiscal, tax and financial support for high-quality development.

Adhere to high-quality development to promote high-level security, ensure high-quality development with high-level security, treat both the symptoms and the root causes, resolve risks such as real estate, local debt, and small and medium-sized financial institutions, and maintain overall economic and financial stability.

Steadily promote the risk management of small and medium-sized financial institutions in some places. Crack down on illegal financial activities.

Improve the financial supervision system and improve the ability to prevent and control financial risks.

Improve the fiscal, tax, financial, investment, first-class policies and related market-oriented mechanisms that support green development, promote the development of the waste recycling industry, promote the research and development and application of advanced technologies for energy conservation and carbon reduction, and accelerate the formation of a green and low-carbon chain. Build a Beautiful China Pilot Zone and create a highland for green and low-carbon development.

It is necessary to give prominence to the priority orientation of employment, strengthen the support of fiscal, tax, financial and other policies to stabilize employment, and increase the intensity of special policies to promote employment.

Related Pages