The Limited Times

Now you can see non-English news...

The responsible comrades of the Central Finance Office made an in-depth interpretation of the spirit of the Central Economic Work Conference and current economic hot issues

2022-12-19T00:52:50.060Z


Under the current situation, measures to deepen supply-side structural reform should help expand aggregate demand and create effective demand through high-quality supply. The next step is to base on the support of my country's huge demand space, continue to optimize demand-side management, and increase financial support for rigid demand and improved housing demand.


  Xinhua News Agency, Beijing, December 18th, title: The responsible comrades of the Central Finance Office made an in-depth interpretation of the spirit of the Central Economic Work Conference and current economic hot issues

  Xinhua News Agency reporter

  The just-concluded Central Economic Work Conference is a very important meeting held by the Party Central Committee after the 20th National Congress of the Communist Party of China.

General Secretary Xi Jinping delivered an important speech at the meeting, comprehensively summarizing this year's economic work, in-depth analysis of the current domestic and foreign economic situation, and systematically deploying economic work in 2023.

The responsible comrades of the Central Finance Office accepted questions from Xinhua News Agency and other media reporters, focusing on studying and implementing the spirit of the Central Economic Work Conference, and responded to current economic hot issues.

my country's economic operation is expected to rebound in general next year

  Q: How do you view my country's economic trend next year?

  A: At present, my country's economic operation still faces many risks and challenges.

From an international perspective, the Ukrainian crisis is protracted, the global trade situation is not optimistic, commodity prices fluctuate at high levels, food and energy security issues are prominent, and the world economy may face stagflation. The triple pressure of shocks and weakening expectations is still relatively large, and economic and social risk points have increased.

  At the same time, we must see that my country's economy has strong resilience, great potential, and sufficient vitality. The fundamentals of long-term improvement have not changed, and resource factors can be supported.

According to comprehensive research and judgment, the growth rate of the world economy may decline significantly next year, while my country's economy is expected to rebound in general, forming an independent upward trajectory.

First, the optimization of epidemic prevention and control measures will have a significant positive impact on economic recovery. It is expected that social production and living order will be restored in the first half of next year, especially in the second quarter, and economic vitality will be released at an accelerated pace.

The second is the superposition of stock policies and incremental policies.

The policy of expanding effective demand and promoting structural optimization has been introduced and implemented this year. The continuation of the continuation, the optimization of the optimization, and the policy effect will continue to appear next year.

Next year, new policies and measures will be introduced successively according to actual needs.

Stock policies and incremental policies work in the same direction and will actively promote economic recovery and development.

The third is the base effect.

This year's economic growth is lower than expected, objectively resulting in a relatively low economic base this year. As long as the economy returns to normal growth next year, the base effect will form a certain support for next year's economic data.

  Facing the arduous and arduous tasks of domestic reform, development and stability and the cloudy external environment, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at the core, we have the confidence, conditions and ability to promote the overall improvement of my country's economic operation, but this is not "heavenly" Pie drop", hard work has to be done.

All regions and departments must conscientiously implement the spirit of the Central Economic Work Conference and strive to achieve the goals and tasks of economic and social development next year.

  Q: In which areas will the macroeconomic policy be exerted next year to promote the overall improvement of the economic operation?

  A: The macro policy framework for next year can be summarized as five major policies plus six overall plans.

  The five major policies are fiscal, monetary, industrial, technological, and social policies.

The requirement for fiscal policy is to step up efforts to improve efficiency. Next year, we will moderately increase the expansion of fiscal policy, improve policy effectiveness, and give better play to the leverage of finance to mobilize social funds.

The requirements for monetary policy are precise and powerful, and the monetary policy should be strong enough to maintain reasonable and sufficient liquidity, and keep the growth rate of broad money supply and social financing scale basically matching the nominal economic growth rate.

The investment structure must be precise, especially supporting small and micro enterprises, technological innovation, green development and other fields.

In general, the purpose of strengthening the fiscal system and strengthening the currency is to ensure that the total social demand is effectively supported, so that the total social supply and demand can be balanced at a relatively high level and quality, and promote the overall improvement of the economy.

Of course, industry, technology, and social policies are all very important. It is necessary to strengthen the coordination and cooperation of various policies to form the effect of "1+1>2" and form a joint force to promote high-quality development.

  The six overall plans have a strong annual pertinence and problem orientation.

At present, my country's economic development is facing many dilemmas and difficult problems. To find the optimal solution under multiple constraints, we must strengthen the system concept, keep the integrity and innovate.

Among them, regarding better coordination of epidemic prevention and control and economic and social development, as the Party Central Committee decides to optimize the implementation of various measures for epidemic prevention and control, it is expected that economic order and social order will be restored at a faster pace, which will release huge vitality and promote economic circulation. , to operate, to speed up and move closer to the potential growth rate.

  Q: With the implementation of the 20 measures to optimize epidemic prevention and the implementation of the new 10 measures, the number of infections in various places is increasing. How to deal with the negative impact of the increase in the number of infections on the economy?

  Answer: Since the outbreak of the epidemic, my country has achieved major positive results in coordinating epidemic prevention and control and economic and social development.

With three years of arduous efforts, we have effectively dealt with the impact of the five waves of the global epidemic, effectively dealt with more than 100 domestic clusters of epidemics, and effectively protected people's lives and health.

In the past three years, my country's economy has grown at an average annual rate of around 4.5%, significantly higher than the world average.

The achievements of anti-epidemic and development are obvious to all and can stand the test of history.

  In the past, when the severe disease rate and fatality rate were high, it was necessary, correct and responsible for us to strictly prevent the epidemic.

At present, the virus is highly contagious, but the rate of severe cases and fatalities has been significantly reduced, and the main contradiction of epidemic prevention and control has changed. Moreover, we have used the past few years to strengthen the development and application of vaccines and drugs, and improve the level of vaccination and medical security.

Under such circumstances, we judge the situation and scientifically optimize the epidemic prevention measures. It is also necessary, correct, and responsible, which embodies the supremacy of the people and the supremacy of life.

  According to the requirements of the Central Economic Work Conference, in accordance with the deployment of the Party Central Committee, optimize and adjust the epidemic prevention and control policies, strengthen coordination and connection, organize and implement them in an orderly manner, and smoothly pass through the epidemic period to ensure a smooth transition and social order stability.

A smooth transition is not only a requirement for public health, but also a requirement for economic operation.

To achieve a smooth transition, we must do a good job in the management of the transition period.

In order to cope with the impact and disturbance caused by the increase in the number of infections in the short term, the key at present is to do three things well: first, to better guarantee the medical treatment of the masses, and to avoid a large-scale run on medical resources.

The second is to ensure the stable operation of the industry, and the key links of the industrial chain supply chain cannot be interrupted.

The third is to do a good job in ensuring the supply and stable prices of medicines and important livelihood commodities, and there must be no supply cuts or sharp price increases.

In short, difficulties are real, temporary, and unavoidable. We must carefully manage the transition period, and the dawn is ahead.

 Better coordinate supply-side structural reforms and expand domestic demand

  Question: How to further deepen supply-side reform, strengthen demand-side management, and find the combination of the two?

  Answer: Deepening supply-side structural reform is the only way to achieve high-quality development, and it is the main line that runs through the entire process of economic work.

At the same time, insufficient aggregate demand is a prominent contradiction facing the current economic operation. We must vigorously implement the strategy of expanding domestic demand and realize a virtuous circle of social reproduction.

  The deepening of supply-side structural reform and the implementation of the strategy of expanding domestic demand are unified and not contradictory, and they are all for the long-term, stable and healthy development of the economy.

The main purpose of the supply-side structural reform is to improve the quality and efficiency of the supply system, improve the total factor productivity and long-term growth potential of the economy.

Under the current situation, measures to deepen supply-side structural reform should help expand aggregate demand and create effective demand through high-quality supply.

At the same time, policy measures to expand domestic demand should be conducive to improving the quality and efficiency of the supply system, improving total factor productivity and the long-term economic development potential, so as to achieve a high-level virtuous cycle and dynamic balance between supply and demand.

  There are many fields in the current economic work, which are the combination of supply-side structural reform and expansion of domestic demand, which can not only improve the quality and efficiency of the supply system, but also help expand current demand.

For example, we urgently need to speed up the optimization and upgrading of the industrial system, which requires increasing investment in manufacturing R&D and technological transformation, and increasing investment in new fields and new tracks.

These inputs are not only the current demand, but after high-quality supply is generated in the future, they will further create effective demand.

The development of my country's new energy automobile industry is a typical success story.

Another example is that many southern provinces are experiencing power shortages due to drought and high heat this year, and in some places in Northeast, North China, and Northwest China, there is a large amount of wind power and photovoltaics that cannot be accommodated. Increase investment in power supply layout, cross-regional power transmission, smart grid, etc. , which not only expands the current demand, but also improves the efficiency of the energy system, creating conditions for future demand growth and energy transformation.

It can be said that the blocking points, pain points, difficulties, and blank points in economic development are all joint points that can make a big fuss.

As long as we create a favorable system and mechanism environment and adopt appropriate policy guidance, we can turn these joint points into economic growth points and promote the effective improvement of quality and reasonable growth of the economy.

  Q: At present, consumption is the most affected by the epidemic. How to effectively stabilize consumption growth?

  Answer: Affected by the epidemic in the past few years, ordinary people’s income growth has slowed down, their expectations have fallen, they are afraid to consume, it is inconvenient to consume, and their tendency to save money to avoid risks has increased. It is necessary to prioritize the recovery and expansion of consumption and take strong measures. , Enhance consumption capacity, improve consumption conditions, increase consumption scenarios, and fully release consumption potential.

  It is necessary to increase the income of urban and rural residents through multiple channels, especially to increase the consumption capacity of low- and middle-income residents who have a high propensity to consume but are greatly affected by the epidemic.

Appropriately increase consumer credit.

Implement the detailed employment priority policy, support the development of industries and enterprises with a strong ability to absorb employment, and timely and effectively alleviate the impact of structural price rises on the poor.

  In response to some restrictive measures in the fields of housing, automobiles, and service consumption, it is necessary to improve consumption policies and support consumption such as housing improvement, new energy vehicles, elderly care services, education, medical, cultural and sports services.

For example, implement policies according to the city to support rigid and improved housing needs; continue to implement the policy of exempting vehicle purchase tax, and promote the transformation of automobile consumption from purchase management to use management; promote the coordinated development of elderly care and the elderly care industry, and accelerate the improvement of the coordination of home, community institutions, and medical care. An old-age service system that combines health care and health care.

Adhere to the "two unwavering" to boost market confidence

  Question: At present, many companies feel that they lack confidence. How to boost market confidence?

How to create a better and more secure development environment for private enterprises, especially small, medium and micro enterprises?

  Answer: At present, the private economy and small, medium and micro enterprises have more difficulties in production and operation, with weak development expectations and insufficient confidence.

The meeting attached great importance to this issue, emphasizing the need to optimize the development environment of private enterprises and promote the development and growth of the private economy.

  For a period of time, there have been all kinds of incorrect discussions in the society about whether my country is still engaged in a socialist market economy and whether it adheres to the "two unwavering" principles, which has seriously affected social confidence and development prospects.

In this regard, the central government has a firm and clear attitude and is unequivocal.

At the Central Economic Work Conference, General Secretary Xi Jinping emphasized in his speech that we must always adhere to the direction of socialist market economic reform and adhere to the "two unwavering".

  On the one hand, the requirement of equal treatment of state-owned enterprises and private enterprises must be put down from the system and law.

For example, it is necessary to protect the property rights of private enterprises and the rights and interests of entrepreneurs in accordance with the law, and prevent and correct the use of administrative or criminal means to intervene in economic disputes.

It is necessary to comprehensively sort out and revise laws, regulations and policies related to enterprises, and continue to break down barriers affecting equal access.

It is necessary to improve the fair competition system, oppose local protection and administrative monopoly, and open up more space for private enterprises.

State-owned enterprises, private enterprises, and foreign enterprises must operate in accordance with laws and regulations.

  On the other hand, it is necessary to encourage and support the development and growth of the private economy and private enterprises from the perspective of policy and public opinion.

It is necessary to vigorously publicize the important role of the private economy in economic and social development, employment, fiscal and taxation, science and technology, and innovation.

For example, the private economy has the important characteristics of "56789", that is, it contributes more than 50% of tax revenue, more than 60% of GDP, more than 70% of technological innovation achievements, and more than 80% of urban labor employment. More than 90% of the number of enterprises.

In 2021, the tax contribution of the private economy has reached 59.6%, and private enterprises account for 96% of the market players, and the proportion has further increased.

It can be said that the private economy has become a new force to protect people's livelihood, promote innovation, and promote high-quality development.

  Leading cadres at all levels should solve problems for private enterprises, do practical things, and build pro-Qing political and business relations.

It is necessary to strengthen the management services of small, medium and micro enterprises and support the development of small, medium and micro enterprises and individual industrial and commercial households.

It is necessary to plan a new round of comprehensively deepening reforms around building a high-level socialist market economic system and promoting high-level opening up.

It is necessary to protect property rights and intellectual property rights in accordance with the law, abide by the spirit of the contract, promote economic development on the track of the rule of law, and increase the confidence of the majority of enterprises, especially private enterprises, in long-term development.

  Question: The current employment situation is grim. How to further stabilize employment?

  Answer: Employment is the foundation of people's livelihood, and it is also an important support and key link for a smooth economic cycle.

In recent years, the downward pressure on the economy has increased, small and medium-sized enterprises have difficulties in operating, and employment has become more difficult. In particular, the youth unemployment rate has increased. This will be a prominent problem in the coming period.

According to the deployment of the meeting, we will focus on stabilizing employment next year.

  On the one hand, it is necessary to implement a package of detailed employment priority policies.

The implementation of fiscal, taxation, financial, investment, industrial and other policies must adhere to the employment-oriented orientation, and the tax and fee reduction policies implemented during the epidemic should be extended and optimized.

On the other hand, it is necessary to support the development of industries and enterprises with large employment capacity.

Continue to grow the real economy, promote the high-quality development of the manufacturing industry, relax access, optimize policies, accelerate the development of producer services and consumer services, support the development of small, medium and micro enterprises and individual industrial and commercial households with a large number of areas, and strengthen the labor force. Policies such as protection of rights and interests support the development of flexible employment.

In addition, there will be more than 11.5 million college graduates next year, a record high. We must focus on the employment of young people, especially college graduates.

It is necessary to strengthen employment training, focus on improving the quality of laborers, and improve the adaptability of employed personnel to the industrial structure.

  In short, it is necessary to fully release all kinds of employment opportunities arising from industrial optimization and upgrading, and to allow more market players and new employment forms to spring up like mushrooms after the epidemic prevention and control enters a new stage, so as to continuously improve the employment drive of economic development. ability.

 Accelerate the construction of a modern industrial system and make greater efforts to attract and utilize foreign capital

  Q: The epidemic has accelerated the adjustment of the global industrial structure. How to improve the stability and competitiveness of the industrial chain and supply chain?

  Answer: In recent years, affected by multiple factors such as anti-globalization, the new crown pneumonia epidemic, and geopolitical conflicts, maintaining the stability of the global industrial chain and supply chain has encountered great challenges.

This meeting made a comprehensive and systematic deployment of accelerating the construction of a modern industrial system.

  First, we must strengthen our strategic self-confidence, practice our internal skills, and gain a firm foothold.

To improve the resilience and safety level of the industrial chain, the key is to manage one's own business well in an upright and innovative way.

my country has the world's most complete industrial system and the largest potential domestic demand market, and its manufacturing industry accounts for 30% of the world's total. It is an important hub of global manufacturing.

This is our strong guarantee and the greatest confidence to deal with risks and challenges.

We must adhere to the fundamentals of the real economy, especially the manufacturing industry, truly stimulate the advantages and vitality of all aspects, pay close attention to making up for weaknesses and forging strengths, and strive to achieve better survival and sustainable development.

  Second, we must focus on self-reliance and self-improvement to ensure a smooth circulation of the industrial chain and supply chain.

We must adhere to the bottom-line thinking, do a good job in the three major tasks of tackling key core technologies, consolidating the foundation, and strengthening reserves.

It is necessary to focus on the key industrial chains of the manufacturing industry, speed up the research on key core technologies, and solve the "stuck neck" problem.

It is necessary to vigorously improve the ability to guarantee the security of food and energy resources, improve the ability to guarantee material reserves, and ensure supply security through multiple channels.

  Third, we must realize upgrading and development, and comprehensively improve the modernization level of the industrial system.

For the traditional manufacturing industry, the key is to accelerate the promotion of advanced and applicable technologies, enhance competitiveness, and make the foundation of the modern industrial system more solid.

The high-end manufacturing industry is not all about chips, and clothing and furniture can all be high-end.

For strategic emerging industries, the key is to speed up the research and development, promotion and application of cutting-edge technologies, support the development of specialized and new enterprises, and open up more new tracks to lead future development.

For key areas such as integrated circuits, the key is to further optimize the industrial ecology, attach importance to the use of market forces, and vigorously support the development of the entire industrial chain.

  Fourth, we must strengthen open cooperation and promote the construction of an open world economy.

Global supply chain adjustment is both a challenge and an opportunity.

Investments in China from Europe, South Korea, and Japan are growing rapidly, and small and medium-sized enterprises are particularly interested in China, many of which are specialized and new "little giant" companies.

International technology + Chinese production + world market is a very good model.

It is necessary to further expand market access for foreign investment, expand the space for international cooperation in the fields of technology and talents, strive to form an open innovation ecosystem with global competitiveness, introduce and make good use of high-end innovative talents, and attract more global innovation elements and resources.

  Question: In the face of the world economic recession and the prevalence of protectionism, how can my country better expand its opening up to the outside world, attract and utilize foreign capital?

  A: Foreign-funded enterprises are generally concerned about their role in China's dual cycle and independent innovation strategy, which also determines their long-term confidence in operating in China.

The meeting made a special deployment on the work of attracting and utilizing foreign capital, mainly in four aspects:

  One is to expand access.

The meeting emphasized that state-owned enterprises, private enterprises, and foreign enterprises are all important components of the socialist market economy, and foreign capital market access should be expanded.

Reasonably reduce the negative list of foreign investment access, increase the opening up of the modern service industry, and promote the expansion of education, medical care, elderly care and other fields.

Give full play to the role of open platforms such as the Pilot Free Trade Zone, Hainan Free Trade Port, various development zones, and bonded areas. The announced foreign investment access policies must be implemented as soon as possible.

  The second is an excellent environment.

The meeting called for creating a first-class business environment that is market-oriented, ruled by law, and internationalized.

Implement national treatment for foreign-funded enterprises, promote fair competition, ensure that foreign-funded enterprises participate in government procurement, bidding, and standard formulation on an equal basis in accordance with the law, and increase protection of intellectual property rights and the legitimate rights and interests of foreign investment.

It is necessary to actively compare high-standard economic and trade agreements such as the Comprehensive and Progressive Trans-Pacific Partnership Agreement and the Digital Economic Partnership Agreement, and deepen reforms in relevant domestic fields.

  The third is strong service.

The meeting emphasized that it is necessary to do a good job in serving foreign-funded enterprises.

Strengthen communication with foreign businessmen, help solve difficulties and problems in a timely manner, provide maximum convenience for foreign businessmen to engage in trade and investment negotiations in China, and promote the construction of landmark projects with foreign capital.

At the same time, it is also necessary to promote the normalization of economic and trade personnel to go out to attract investment.

  The fourth is to focus on key points.

Promote the stable scale and optimized structure of foreign trade, support the development of new formats such as cross-border e-commerce and overseas warehouses, ensure the smooth flow of logistics and transportation at various ports, and expand the import of advanced technology and equipment, energy and resource products, and agricultural products in short supply through multiple channels.

Promote the stable stock and expansion of foreign capital, and increase investment in key countries and manufacturing industries.

It is necessary to promote the high-quality development of the joint construction of the "Belt and Road".

 Hold the bottom line of risk and promote the healthy development of the real estate industry

  Question: How to effectively prevent and resolve some major economic and financial risks, and keep the bottom line of no systemic risks?

  Answer: The important idea of ​​preventing and defusing major economic and financial risks is to enlarge the denominator of economic strength and dilute the numerator of risk.

In the medium term, my country's greatest confidence lies in the fact that urbanization and industrialization are still in the stage of in-depth development, with great potential for economic demand, strong development resilience, and continuous formation of new competitive advantages; in the short term, the most powerful support lies in maintaining a reasonable economic growth rate. There are good conditions and foundations for promoting high-quality development and promoting the overall improvement of my country's economy next year.

In the next step, according to the deployment of the meeting, we must adhere to the system concept, strengthen the bottom line thinking, treat both symptoms and root causes, combine short and long term, coordinate risk reduction and reform, and firmly hold the bottom line of no systemic risk.

  One is about risks in the real estate industry.

Since the second half of last year, my country's real estate market has weakened significantly, and its decline has accelerated in recent months, becoming a major risk factor affecting economic operations.

The next step is to base on the support of my country's huge demand space, continue to optimize demand-side management, and increase financial support for rigid demand and improved housing demand.

In the medium term, it is necessary to study fundamental strategies to promote the healthy development of the real estate industry, reform and improve the basic systems related to real estate such as land, finance and taxation, and finance, increase the supply of market-oriented long-term rental housing and affordable rental housing through multiple channels, and promote the transformation and development of real estate companies. A new model for the healthy development of real estate.

  The second is about financial market and institutional risks.

From the perspective of the market, due to the frequent interest rate hikes by the Federal Reserve and central banks of many countries and the instability of market expectations, some countries have been under increasing pressure from stock market declines, capital outflows, and exchange rate depreciation for a period of time.

The Party Central Committee attaches great importance to the downside risks of various market linkages. Under the overall command of the Financial Affairs Commission of the State Council, it seizes the main contradiction and implements precise policies. Recently, my country's stock market, exchange rate, and bond market have generally maintained stable operations.

In terms of institutions, the foundation of my country's large state-owned financial institutions is relatively solid, but individual small and medium-sized banks, village banks, and trust companies are relatively fragile.

The next step is to strengthen the financial stability guarantee system, promote the strengthening of corporate governance of financial institutions, strictly review the qualifications and conduct supervision of senior executives and major shareholders, effectively isolate industrial capital and financial risks, guide financial institutions to find the right position, focus on the main business, and continuously strengthen the financial sector. The micro foundations of healthy development.

  The third is about preventing and defusing local government debt risks.

In recent years, the growth rate of local implicit debts has generally slowed down, but the scale is still relatively large. In particular, the debt pressure of some localities has continued to increase, and the debts of local governments at the county and city levels are particularly prominent.

We insist on "opening the front door, blocking the side door, reducing the stock, and controlling the increase", resolutely prohibit disguised debts and false debts, prevent local state-owned enterprises and institutions from becoming platforms, and increase efforts to deal with hidden debts.

The next step is to treat both symptoms and root causes, deepen the reform of the fiscal and taxation system below the provincial level, increase transfer payments, accelerate the establishment of a local tax system, and consolidate local basic financial resources and self-development capabilities.

Party and government agencies must persist in living a tight life.

  We believe that with the overall improvement of China's economy next year, the continuous deepening of reform and opening up, and the boost of market confidence, various hidden dangers of economic and financial risks will be effectively resolved in the process of development, and the ability to deal with major risks will be continuously strengthened in the course of development. The bottom line of systemic risk must be guarded, and on this basis, we can promote stable and long-term economic development and high-quality development.

  Q: What will be the focus of the real estate policy next year?

How to better meet residents' rigid and improved housing needs?

  Answer: This meeting made important arrangements for risk mitigation and sustainable development of the real estate industry.

The meeting held that as long as all departments and localities understand and work properly, and continue to do a good job, real estate risks can be resolved and the market can achieve stable development.

  One is to fully realize the importance of the real estate industry.

The real estate chain is long and involves a wide range of areas. It is a pillar industry of the national economy, accounting for about 7% of GDP, and the construction industry accounts for 14%. 60% of household assets, real estate loans plus loans with real estate as collateral, accounted for 39% of the total loan balance, which has an important impact on financial stability and is an industry with strong spillover and systemic importance.

  The second is to do a good job in response to ensure the stable development of the real estate market.

On the basis of a number of policies that have been issued in the early stage, the meeting made deployments from the supply side, expectations and demand sides, as well as promoting the transformation of the new industry model.

  On the supply side.

All regions and relevant departments should shoulder their responsibilities and do a good job in ensuring the delivery of buildings, people's livelihood, and stability; continue to provide sufficient liquidity to the industry to meet the industry's reasonable financing needs; promote industry mergers and acquisitions; improve related real estate regulation policies and systems.

The policies that have been introduced in 2022 must continue to be implemented well, and new measures will be introduced in 2023, focusing on research and solutions to improve the asset and liability status of real estate companies.

  expectations and demand side.

Efforts should be made to improve expectations, expand effective demand, and support rigid and improving housing demand. For example, there are still some restrictive policies that hinder the release of consumer demand in areas such as housing consumption, and these consumption potentials should be released; combined with the implementation of childbirth policy and talent policy , solve the housing problems of new and old citizens, young people, etc.; encourage the increase of affordable rental housing supply, and develop the long-term rental housing market; increase consumer credit reasonably, and support consumption such as housing improvement.

  The third is to pay close attention to the research on medium and long-term fundamental solutions.

It is necessary to in-depth study and judgment of the relationship between supply and demand in the real estate market, population changes, and urbanization patterns, including urban agglomerations, urban renewal, and re-urbanization, to study and promote the smooth transition of the real estate industry to a new development model, and to get rid of the "high debt, high leverage, and High turnover" mode.

  In short, we must attach great importance to the current problems and risks and challenges of the real estate industry. At the same time, we must see that there is still a lot of room for improvement in my country's urbanization rate, and there is great potential for rigid and improved housing demand.

The policies and measures introduced intensively in the near future will gradually bear fruit, and various policies and measures will continue to be improved.

Source: chinanews

All news articles on 2022-12-19

You may like

News/Politics 2024-03-12T13:04:02.932Z
News/Politics 2024-02-23T10:41:50.416Z

Trends 24h

News/Politics 2024-03-27T16:45:54.081Z
News/Politics 2024-03-28T06:04:53.137Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.