Central Economic Work Conference Held in Beijing

Xi Jinping Li Keqiang Makes an Important Speech Li Zhanshu Wang Yang Wang Huning Zhao Leji Han Zheng Attends the Conference

【2019-12-13】 【人民日报】 [Http://hnlsyfood.com] [2019-12-13] [People's Daily]

From December 10th to 12th, the Central Economic Work Conference was held in Beijing. Xi Jinping, General Secretary of the CPC Central Committee, State President and Chairman of the Central Military Commission, delivered an important speech.

Photo by Xinhua News Agency reporter Rao Aimin

Next year will be the year when a well-off society will be fully established and the “Thirteenth Five-Year Plan” ends. It is necessary to achieve the goal of the first century, to lay the foundation for the development of the 14th Five-Year Plan and to achieve the goal of the second century, and to do a good job in economic work. Very important. Guided by Xi Jinping's thoughts on socialism with Chinese characteristics in the new era, we must fully implement the spirit of the 19th CPC National Congress and the 2nd, 3rd, and 4th Plenary Sessions of the 19th CPC Central Committee, resolutely implement the party's basic theory, basic line, and basic strategy, and strengthen the "Fourth "Consciousness", firm "four self-confidences", "two maintenances", closely related to the goal of building a well-off society in an all-round way, adhere to the general tone of work in stability and progress, adhere to the new development concept, adhere to the supply-side structural reform as Main line, adhere to the reform and opening up as the driving force, promote high-quality development, resolutely win the three major battles, do a good job of the "six stability", coordinate and promote stable growth, promote reform, adjust the structure, benefit the people's livelihood, prevent risks, and maintain stability To keep the economic operation in a reasonable range, to ensure the successful completion of a well-off society and the "Thirteenth Five-Year Plan", which are recognized by the people and stand the test of history

 

The Central Economic Work Conference was held in Beijing from December 10 to 12. Xi Jinping, General Secretary of the CPC Central Committee, State President and Chairman of the Central Military Commission, Li Keqiang, member of the Politburo Standing Committee of the CPC Central Committee, Premier Li Keqiang, Li Zhanshu, Wang Yang, Wang Huning, Zhao Leji, and Han Zheng attended the meeting.

Xi Jinping delivered an important speech at the meeting, summarizing the economic work in 2019, analyzing the current economic situation, and deploying economic work in 2020. In his speech, Li Keqiang made specific arrangements for economic work next year and made a concluding speech.

The meeting held that since the beginning of this year, in the face of the complicated situation of rising risks and challenges at home and abroad, under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, the whole party has implemented the Party Central Committee ’s decision-making and deployment, adhered to the general tone of steady progress, Focus on supply-side structural reform, promote high-quality development, do a good job of the "six stability", and maintain sustainable and healthy economic and social development. Key progress has been made in the three major battles. The effectiveness of targeted poverty alleviation has been significant, effective prevention and control of financial risks, and the ecological environment The overall quality has improved, important steps have been taken in reform and opening up, supply-side structural reforms have continued to deepen, new breakthroughs have been made in scientific and technological innovation, and people ’s sense of gain, happiness, and security has improved. Great progress has been made in building a well-off society.

The meeting pointed out that the hard-won achievements are rooted in our adherence to the central and unified leadership of the Party Central Committee, maintaining strategic determination, advancing in stability, deepening reform and opening up, and giving full play to the central and local enthusiasm. In our work, we have formed some important understandings: we must scientifically and steadily grasp the counter-cyclical adjustment of macro policies, enhance the vitality of micro-subjects, and run the main line of structural reforms on the supply side through the entire process of macro-control; we must optimize economic governance from a system theory perspective. Strengthen the overall concept and seek a dynamic balance among multiple goals. We must be good at reforming and removing the obstacles to the development of the system and mechanism, activating the dormant development potential, and letting various market players work hard on the front lines of technological innovation and domestic and international market competition; It is necessary to strengthen risk awareness and firmly adhere to the bottom line that systemic risks do not occur.

The meeting emphasized that, while fully affirming the achievements, we must soberly realize that China is in the tackling phase of transforming the development mode, optimizing the economic structure, and transforming the growth momentum. Structural, institutional, and cyclical issues are intertwined. "The impact continues to deepen, and downward pressure on the economy is increasing. The current world economic growth continues to slow down and is still in the period of deep adjustment after the international financial crisis. The characteristics of accelerated changes in the world ’s great changes are becoming more obvious, and the sources of global turbulence and risk points have increased significantly. We must do a good job plan.

The meeting pointed out that the basic trend of China's economic stability and long-term improvement has not changed. We have the strong leadership of the party and the significant advantages of the socialist system with Chinese characteristics. We have the solid material and technical foundation accumulated since the reform and opening up. We have the advantages of a large-scale market and domestic demand. We have huge human capital and human resources. Confidence and unity of mind will surely overcome various risks and challenges.

The meeting emphasized that next year will be the year when a well-off society will be fully established and the "Thirteenth Five-Year Plan" ends. It is necessary to achieve the first 100-year goal and lay a solid foundation for the development of the 14th Five-Year Plan and the second century. Good economic work is very important. Guided by Xi Jinping's thoughts on socialism with Chinese characteristics in the new era, we must fully implement the spirit of the 19th CPC National Congress and the 2nd, 3rd, and 4th Plenary Sessions of the 19th CPC Central Committee, resolutely implement the party's basic theory, basic line, and basic strategy, and strengthen the "Fourth "Consciousness", firm "four self-confidences", "two maintenances", closely related to the goal of building a well-off society in an all-round way, adhere to the general tone of work in stability and progress, adhere to the new development concept, adhere to the supply-side structural reform as Main line, adhere to the reform and opening up as the driving force, promote high-quality development, resolutely win the three major battles, do a good job of the "six stability", coordinate and promote stable growth, promote reform, adjust the structure, benefit the people's livelihood, prevent risks, and maintain stability To keep the economic operation in a reasonable range, to ensure the successful completion of a well-off society and the "Thirteenth Five-Year Plan", which are recognized by the people and stand the test of history.

The meeting pointed out that to achieve the expected goals next year, we must adhere to the stability of the word, adhere to the policy framework of macro policy stability, micro policy live, social policy bottom, and improve the forward-looking, targeted and effective macro-control. We must be proactive, adhere to the problem-oriented, goal-oriented, and result-oriented approaches, continue to work hard to deepen supply-side structural reforms, and ensure that the economy achieves reasonable growth and qualitative steady improvement. It is necessary to continue to focus on key points, make up for shortcomings, strengths and weaknesses, and ensure that a well-off society is fully built.

The meeting determined that the following key tasks should be done well next year.

First, unswervingly implement the new development concept. Idea is the precursor of action. To grasp development in the new era, we must make development concepts more prominent, unswervingly implement the new development concepts of innovation, coordination, greenness, openness, and sharing to promote high-quality development. Party committees and governments at all levels must adapt to the inevitable requirements of China's development entering a new stage and changes in major social contradictions, tightly twist the new development concept to promote development, and focus on solving various imbalances and insufficiency. We must establish a comprehensive and holistic concept, follow the laws of economic and social development, and implement comprehensive impact assessments for the introduction and adjustment of major policies. We must effectively implement the policies and resolutely put an end to all forms of formalism and bureaucracy. Adhering to the concept of new development should be taken as an important criterion for testing leading cadres at all levels.

The second is to resolutely fight three major offensives. It is necessary to ensure that the task of poverty alleviation is fully completed as scheduled, to concentrate the forces to fight the deep poverty eradication campaign, and to focus policies and funds on the "three regions and three states" and other deep poverty-stricken areas. To consolidate the results of poverty alleviation. It is necessary to establish a mechanism to do a good job of monitoring and assisting the returnees and newly emerging poor in a timely manner. It is necessary to fight the tough battle of pollution prevention, adhere to the same direction, continue to strengthen efforts, highlight the precise pollution control, scientific pollution control, pollution control according to law, and promote the continuous improvement of the quality of the ecological environment. We must focus on the defense of the blue sky, clear water, and pure land, improve related governance mechanisms, and do a good job of preventing and controlling the source. China's financial system is generally healthy and capable of mitigating various risks. It is necessary to keep the macro-leverage ratio basically stable and compact the responsibilities of all parties.

The third is to ensure effective protection and improvement of people's livelihood, especially the basic lives of people in need. It is necessary to give play to the role of the government to ensure the basics, pay attention to inclusiveness, basicity, and bottom-upness, and provide basic livelihood guarantees for key populations at difficult times. It is necessary to stabilize the total employment, improve the employment structure, improve the quality of employment, focus on the employment of key groups, and ensure that zero-employment families are dynamically cleared. It is necessary to speed up the repair of the shortcomings of the people's livelihood and effectively solve the problem of schooling of children of migrant workers. It is necessary to get around the bottom line of basic living, ensure that pensions are paid in full and on time, and accelerate the nationwide coordination of pension insurance. It is necessary to give play to the advantages of market supply flexibility, deepen market-oriented reforms in the field of medical care and other services for the people's livelihood and open up to the outside world, strengthen multi-level and diverse supply capabilities, and better achieve the unification of social and economic benefits. It is necessary to increase housing security for urban residents in need, strengthen urban renewal and upgrading of existing housing, do a good job in urban old quarters, and vigorously develop rental housing. We must adhere to the positioning of houses for living, not for speculation, comprehensively implement the long-term management and regulation mechanism based on city policies, stable land prices, stable house prices, and stable expectations to promote the stable and healthy development of the real estate market.

Fourth, continue to implement a proactive fiscal policy and a prudent monetary policy. Proactive fiscal policy must vigorously improve quality and efficiency, pay more attention to structural adjustment, resolutely reduce general expenditures, provide guarantees in key areas, and support grass-roots wages, operations and basic livelihoods. A sound monetary policy should be flexible and appropriate, maintain reasonable and adequate liquidity, and increase the scale of monetary credit and social financing in line with economic development, and reduce social financing costs. It is necessary to deepen financial supply-side structural reforms, unblock monetary policy transmission mechanisms, increase manufacturing medium- and long-term financing, and better alleviate the difficulty of expensive financing for private and small, medium and micro enterprises. Fiscal and monetary policies should work together with consumption, investment, employment, industry, and regional policies to guide investment in areas such as advanced manufacturing, livelihood construction, and infrastructure shortcomings that benefit from both supply and demand, with multiplier effects, and promote industry and consumption. "Double Upgrade". It is necessary to fully tap the advantages of the ultra-large-scale market, give play to the basic role of consumption and the key role of investment.

Fifth, focus on promoting high-quality development. We must adhere to the principles of consolidation, enhancement, promotion, and unblocking, and take innovation-driven and reform and opening up as the two wheels to comprehensively improve the overall competitiveness of the economy and accelerate the construction of a modern economic system. We must pay close attention to agricultural production to ensure supply, accelerate agricultural supply-side structural reforms, and increase farmers' income and rural revitalization. It is necessary to speed up the restoration of live pig production and ensure stable prices for supply. It is necessary to deepen the reform of the scientific and technological system, accelerate the transformation and application of scientific and technological achievements, accelerate the enhancement of technological innovation capabilities of enterprises, give play to the active role of state-owned enterprises in technological innovation, improve the system and mechanism that encourages and supports basic research and original innovation, and improve the discovery, cultivation, and incentive of scientific and technological personnel mechanism. It is necessary to support the development of strategic industries, increase investment in equipment upgrades and technological transformation, and promote the optimization and upgrading of traditional manufacturing industries. It is necessary to implement tax and fee reduction policies, reduce the cost of electricity, gas and logistics for enterprises, and promote the disposal of "zombie enterprises" in an orderly manner. It is necessary to improve the system and mechanism, build a group of advanced manufacturing clusters with international competitiveness, and improve the basic capabilities of the industry and the modernization of the industrial chain. We must vigorously develop the digital economy. It is necessary to rely more on market mechanisms and modern scientific and technological innovation to promote the development of the service industry, to promote the production service industry to specialization and the high-end extension of the value chain, and to promote the life service industry to upgrade to high quality and diversification. We must pay attention to solving the problem of "one old and one small", speed up the construction of the elderly care system, support social forces to develop inclusive childcare services, promote the high-quality development of the tourism industry, and promote the market-oriented development of the sports fitness industry. It is necessary to focus on the long-term development of the country, strengthen the construction of strategic and network infrastructure, promote the construction of major projects such as the Sichuan-Tibet Railway, steadily advance the construction of communication networks, accelerate the implementation of major projects for the prevention and control of natural disasters, and strengthen municipal pipeline networks, urban parking lots, and cold chains. The construction of logistics and other facilities will speed up the construction of rural roads, information and water conservancy facilities. It is necessary to accelerate the implementation of regional development strategies, improve regional policies and spatial layout, give full play to the comparative advantages of various places, build a new source of high-quality development nationwide, and promote the coordinated development of Beijing, Tianjin, Hebei, the integrated development of the Yangtze River Delta, and the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. World-class innovation platform and growth pole. It is necessary to solidly promote the construction of the Xiong'an New District, implement measures to protect the Yangtze River Economic Belt, and promote ecological protection and high-quality development in the Yellow River Basin. It is necessary to improve the comprehensive carrying capacity of central cities and urban agglomerations.

Sixth, deepen the reform of the economic system. We must speed up the construction of a high-standard market system. It is necessary to accelerate the reform of state-owned assets and state-owned enterprises and promote the optimization and adjustment of the layout of state-owned capital. It is necessary to improve the property rights system and the market-oriented allocation of factors, the legal environment to support the development of the private economy, and the policy system for the development of small and medium-sized enterprises. It is necessary to reform land planning management methods and deepen reform of the fiscal and taxation systems. It is necessary to accelerate the reform of the financial system, improve the basic system of the capital market, improve the quality of listed companies, improve the exit mechanism, steadily promote the reform of the GEM and the New Third Board, guide the decline of the service focus of large banks, promote small and medium banks to focus on their main businesses, and deepen rural credit. Social reform, and guide insurance companies to return to the security function. Opening up to the outside world should continue in a larger, wider, deeper direction, strengthen the promotion and protection of foreign investment, and continue to reduce the negative list of foreign investment. Promote the stability and quality of foreign trade, and guide enterprises to develop diversified export markets. To reduce the overall level of tariffs. Give full play to the role of the pilot field in the reform and opening up of the Pilot Free Trade Zone, promote the construction of Hainan Free Trade Port, and improve the “Belt and Road” investment policy and service system. It is necessary to take an active part in the reform of global economic governance, actively participate in the reform of the WTO, and speed up the negotiation of multi-lateral free trade agreements.

The meeting emphasized the need to improve and strengthen the "six stability" measures, improve fiscal, monetary, employment and other policy coordination and transmission implementation mechanisms to ensure that economic operations in a reasonable range. It is necessary to consolidate and expand the effect of tax and fee reduction, vigorously optimize the structure of fiscal expenditures, further alleviate the problem of difficult financing for enterprises, and take various measures to maintain a stable employment situation. We must rely on reforms to optimize the business environment, deepen the simplification of government and decentralization, the combination of decentralization and management, and optimize services. It is necessary to formulate and implement a three-year action plan for the reform of state-owned enterprises, improve the comprehensive effectiveness of state-owned and state-owned enterprise reform, and optimize the environment for the development of the private economy. It is necessary to promote the development of the real economy, improve the level of manufacturing, develop emerging industries, and promote mass entrepreneurship and innovation. It is necessary to strengthen the people's livelihood orientation, promote the steady growth of consumption, earnestly increase effective investment, and release the potential of domestic market demand. It is necessary to ensure the achievement of the key goals of poverty alleviation, consolidate the results of poverty alleviation, do not relax and do a good job in agricultural production, and solidly promote the revitalization of rural areas. It is necessary to promote a higher level of opening up to the outside world, maintain stable growth in foreign trade, stabilize and expand the use of foreign capital, and solidly promote the joint construction of the "Belt and Road". It is necessary to strengthen pollution prevention and ecological construction and accelerate the formation of a green development model. We must do a good job in ensuring people's livelihood and continuously improve people's lives.

The meeting pointed out that achieving the goal of building a well-off society in an all-round way and the "Thirteenth Five-Year Plan" is the top priority of the whole party's work next year. All regions and departments must fully implement the spirit of the Fourth Plenary Session of the 19th Central Committee of the Party, make greater efforts to advance the modernization of the national governance system and governance capabilities, and effectively transform the party's system of economic leadership into governance effectiveness.

The meeting called for the entire party and the whole country to be more closely united around the Party Central Committee with Comrade Xi Jinping as the core, to work together, forge ahead, and resolutely win the great victory of building a well-off society in an all-round way!

The members of the Political Bureau of the CPC Central Committee, the secretary of the Central Secretariat, the relevant leading comrades of the Standing Committee of the National People's Congress, the state council members, the president of the Supreme People's Court, the chief procurator of the Supreme People's Procuratorate, the relevant leading comrades of the CPPCC and members of the Central Military Commission attended the meeting.

The principals of the party and government of various provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans, Xinjiang Production and Construction Corps, principals of relevant departments of the central and state organs, leaders of some enterprises and financial institutions managed by the central government, and responsible persons of the military attended the meeting.

People's Daily (December 13, 2019, 01 edition)

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