Solving problems in development with reform -- implementing the spirit of the meeting of the Political Bureau of the CPC Central Committee and doing a good job in the current economic work

2022-05-24

The meeting of the Political Bureau of the CPC Central Committee held on April 29 pointed out that we should adhere to running our own affairs, speed up the construction of a new development pattern, unswervingly deepen the supply side structural reform, solve problems in development with reform methods, accelerate the realization of high-level scientific and technological self-reliance and self-improvement, and build a strong and resilient national economic cycle system. We should adhere to expanding high-level opening to the outside world, actively respond to the demands of foreign-funded enterprises for convenience in doing business in China, and stabilize the basic market of foreign trade and foreign investment. In the face of risks and challenges, to fully implement the decision-making and deployment of the Party Central Committee, we should firmly grasp the key move of reform and opening up, stimulate the reform and innovation vitality and potential of the whole society, and create good institutional conditions for maintaining a stable and healthy economic environment, a peaceful social environment for the country and the people, and a clean political environment. Build a strong and resilient national economic cycle system At present, the COVID-19 and the crisis in Ukraine have led to increased risks and challenges, and the complexity, severity and uncertainty of China's economic development environment have increased. Accelerating the construction of a new development pattern is of great significance not only to meet current challenges, but also to enhance long-term viability, competitiveness, development and sustainability. Guo Liyan, director of the comprehensive situation research office of the Chinese Academy of macroeconomic research, said that to build a strong and resilient national economic cycle system, "strong" means better economic structure, higher development quality and efficiency, and more complete institutional rules. "Toughness" means continuous improvement and upgrading from scientific and technological innovation ability and market subject vitality to industrial chain, supply chain, infrastructure, circulation system, etc Impact resistance. Recently, a series of policies and measures have been introduced to accelerate the construction of a new development pattern and help build a strong and resilient national economic circular system—— The opinions of the CPC Central Committee and the State Council on accelerating the construction of a national unified market was issued, which released a clear reform signal of comprehensively promoting the transformation of China's market from large to strong; The 11th meeting of the central financial and Economic Commission studied comprehensively strengthening infrastructure construction and building a modern infrastructure system; The opinions on further releasing consumption potential and promoting sustainable recovery of consumption focuses on removing institutional and institutional obstacles in the field of consumption; Promote the construction of urbanization with the county as an important carrier, and inject new power into promoting new urbanization and forming a strong domestic market Relying on a strong domestic market, we will unswervingly deepen the supply side structural reform, accelerate the formation of a higher-level dynamic balance in which demand leads supply and supply creates demand, and promote a virtuous cycle of the national economy. The most essential feature of building a new development pattern is to achieve a high level of self-reliance and self-improvement. Since the beginning of this year, from accelerating the construction of scientific and technological innovation center, national laboratory system and national major scientific and technological infrastructure, to deepening the reform of scientific and technological system, improving scientific and technological incentive mechanism and planning talent development... China has focused on high-level scientific and technological self-reliance and sustained development. Give full play to the key role of comprehensively deepening reform The more severe and complex the situation is, the more we need to be motivated by reform and opening up. At present, the difficulties and challenges facing China include both short-term factors and long-term accumulated structural and institutional contradictions. The key is to practice your internal skills, maintain strategic concentration and persist in running your own affairs. "We should solve problems in development through reform. In particular, we should speed up the implementation of reforms that have an important impact on stability expectations, further enhance the confidence of market players and stimulate market vitality." Wang Yiming, vice president of the China Center for international economic exchanges, said. Under the impact of the epidemic, some market entities have encountered great difficulties. From the central to the local level, focusing on creating a market-oriented, legalized and international business environment, reform measures have been intensively introduced to help market players boost confidence and stabilize expectations. The regulations on the registration and administration of market entities shall come into force in March; Beijing, Shanghai, Chongqing, Hangzhou, Guangzhou and Shenzhen carried out pilot projects of business environment innovation; Plan to introduce specific measures to support the standardized and healthy development of the platform economy In the first quarter of this year, there were 6.379 million new market subjects in China, a year-on-year increase of 7.5%. In March, 2.95 million new market entities were established, with a year-on-year increase of 19.3%. Under pressure and challenges, we should give full play to the key role of reform in building a new development pattern and continue to stimulate the endogenous driving force of development. We will solidly promote the construction of a high standard market system, continue to improve the basic systems of market systems such as property rights protection, market access, fair competition and social credit, and carry out a pilot comprehensive reform of market-oriented allocation of factors; Adhere to the "two unswervingly", and ensure that all types of ownership subjects make equal use of resource elements according to law, participate in competition openly, fairly and fairly, and receive equal legal protection; Further promote the reform of the financial system below the provincial level, steadily promote the reform of the stock issuance registration system and the reform of the monopoly industry system We should solve problems in development through reform, focus on key areas and key links, continue to tackle tough reforms, and accelerate the construction of a high-level socialist market economic system. We will continue to open wider to the outside world at a high level To build a new development pattern, we should rely on a strong and resilient national economic cycle system and a solid basic plate to form new advantages in international competition and cooperation in the high-level opening to the outside world. In the face of unexpected factors such as repeated outbreaks at home and abroad and the increase of new variables in the international situation, in the first quarter of this year, China's total import and export value of goods trade increased by 10.7% year-on-year, and the actual use of foreign capital increased by 25.6% year-on-year. It is not easy to continue the double-digit growth under the high base of last year. However, due to the rising cost of raw materials, poor logistics and transportation, blocked production and operation and other factors, foreign trade and foreign investment are facing certain pressure. According to the latest data, the total import and export value of goods trade in the first four months increased by 7.9% year-on-year. "On the one hand, we will accelerate the implementation of the policy of stabilizing foreign trade and foreign investment. On the other hand, we will accelerate the docking with international high-standard economic and trade rules, promote institutional opening-up and build a new open economic system at a higher level." Zhang Xiaoqiang, executive vice president of the China Center for international economic exchanges, said. The new version of the negative list of foreign investment access in the national and pilot free trade zones shall be implemented; The regional comprehensive economic partnership agreement (RCEP) came into force; The cross-border e-commerce comprehensive test area will be expanded to 132 cities and regions across the country; Solid progress was made in the construction of the pilot free trade zone and Hainan free trade port Since this year, a series of opening-up measures have been implemented one after another, and the dividends have been gradually released. In February, BMW group increased its equity in BMW Brilliance from 50% to 75% by increasing its capital by 27.9 billion yuan, and extended the cooperation period with Chinese partners to 2040; Recently, several international asset management institutions applied to participate in the pilot of qualified overseas limited partner (qflp) and qualified domestic limited partner (qdlp) in Shanghai; In the first quarter, China's total import and export value to 14 other RCEP member countries exceeded 2 trillion yuan, accounting for 30.4% of China's total foreign trade value in the same period "China will expand its high-level opening-up to the outside world, deeply implement the negative list of foreign investment access, expand the scope of encouraging foreign investment, optimize foreign investment promotion services, and add a comprehensive pilot of expanding the opening-up of the service industry" At the opening ceremony of the Boao Forum for Asia 2022 annual meeting, the world once again listened to China's strong voice of expanding high-level opening to the outside world. Zhao Ping, vice president of the Research Institute of the China Council for the promotion of international trade, said that China's infrastructure is perfect, the industrial chain and supply chain are complete, the demographic dividend and talent dividend are continuously released, and the driving force for innovation driven development is strong. It will provide broader market opportunities in comprehensively deepening reform and expanding high-level opening to the outside world. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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