Intensive introduction of economic stabilization policies in many places and more support measures are gaining momentum

2023-01-06

Recently, a number of high-value, powerful and targeted lists of economic stabilization policies have been issued in many places, covering business environment, investment, consumption, enterprise assistance and industrial revitalization, with a view to fully releasing policy dividends as soon as possible and promoting the overall improvement of economic operation. Song Xiangqing, vice president of the Institute of Government Management of Beijing Normal University and director of the Industrial Economy Research Center, told the Securities Daily that the list of economic stabilization policies reflects the confidence and determination of local governments to stimulate economic development vitality through multiple initiatives, channels and levels, which is conducive to quickly finding the best policy driving force under the situation of multiple complex factors, so as to quickly break through adversity, We will vigorously promote a comprehensive and steady recovery in the productivity and efficiency of the real economy. Specifically, on January 4, Gansu Province released the Measures for the Implementation of Key Tasks of the Tenth National Video and Telephone Conference on Deepening the Reform of "Emission, Regulation and Service", which proposed 59 measures from the aspects of supporting the development of market entities, promoting the implementation of key projects, strengthening financial support, and releasing the potential in the consumer field; On January 3, Chongqing released the Chongqing Economic Stabilization Policy Package (Third Edition), which proposed 181 measures in 11 areas, including industry, transportation, and cultural tourism. At the same time, Chongqing also released six documents, including the Chongqing Policies and Measures for Strengthening the Industrial Economy, including 90 policies and measures. Also on January 3, Henan Province issued the "Policies and Measures to Boost Market Confidence and Promote Economic Stability", which introduced 90 policies and measures in six major areas, including consumption, investment, industry, market players, foreign trade, and people's livelihood, to boost market confidence, pool all forces, and promote economic stability. On December 31, 2022, the Shandong Provincial Government issued the List of Policies for "Stabilizing the Middle and Improving the Quality" in 2023 (the first batch), which proposed 27 new policies in 2023, including strengthening enterprise rescue, optimizing supply and expanding demand. At the same time, 214 policies will continue to be implemented in 2023. Bai Yanfeng, a professor of the School of Finance and Taxation of the Central University of Finance and Economics, said in an interview with the Securities Daily that due to a variety of unexpected factors, the operation of some market entities has fallen into temporary difficulties. At this critical moment, the government extended a helping hand to support the financing, credit, financial subsidies, taxes and other aspects, which helped to provide market players with "help in time of need". It is worth mentioning that among the package of policies put forward by the above places, there is no lack of real gold and silver encouragement. For example, Chongqing proposed to award 500000 to 2 million yuan to enterprises that have been approved as national "little giants" and single champion of manufacturing industry. Support enterprises to increase investment in integrated circuit design, manufacturing, sealing and testing, and give support of up to 20 million yuan. Henan Province proposed to encourage all regions to introduce policies to promote automobile consumption, extend the subsidy policy to the end of March 2023, and give consumers a subsidy of 5% of the purchase price for newly purchased automobiles in the province, up to 10000 yuan/set, with half of the subsidy from provincial and municipal finance; Shandong Province proposed to create 10 industrial counties in 2023, and give each county no less than 200 million yuan of funds or special bonds to support, and plan to use for major industrial transformation and upgrading projects

Edit:wangwenting    Responsible editor:xiaomai

Source:china.cn

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