Li Keqiang stressed: Innovative monetary policy tools reduce financing costs

On November 9, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, presided over a symposium to listen to the opinions and suggestions of experts and business leaders on the current economic situation.

Zhang Gaoli, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, attended the meeting.

At the meeting, experts and scholars from the fields of macroeconomics, finance, foreign trade and other companies in the industries of machinery, clothing, electronics, steel, and circulation made statements. Everyone believes that this year, despite all kinds of unfavorable factors, despite the efforts of all parties, China's economy has maintained a stable fundamentals. Some leading indicators are improving, and transformation and upgrading have brought about gratifying changes. The vitality has never been seen before, and the highlights of employment and people's livelihood are obvious. To strengthen the growth momentum, it is necessary to increase reform and innovation and structural adjustment. Li Keqiang had an in-depth exchange with everyone.

Li Keqiang said that the core goal of the "Thirteenth Five-Year Plan" is to build a well-off society in an all-round way. However, we are faced with multiple challenges such as the short-term failure of the world economy to get out of the downturn, the long-term accumulation of structural contradictions in the country, and the multiple challenges of “middle income traps”. With the same desire, we will effectively implement the new development concept into all economic work, focus on maintaining economic operation in a reasonable range, and achieve medium and high-speed growth; focus on accelerating industrial upgrading, shortening the transition period between new and old kinetic energy, improving quality and efficiency, and promoting economic development. High-end level. By 2020, more than 1.3 billion Chinese will live a comprehensive well-off life, and the coordinated development of urban and rural areas, ecological civilization construction, social fairness and justice will make significant progress. The per capita GDP will leap to 12,000 US dollars, basically crossing the middle income trap. ". This will create new development miracles. But the closer you get to the goal, the sharper the challenge will be. You must continue to strengthen your confidence and struggle to overcome difficulties.

Li Keqiang stressed that it is necessary to play the role of fiscal, monetary, industrial, price and other policies, focus on reorientation control, camera regulation, lay a good combination of punches, find a balance point, strengthen counter-cyclical adjustment, and stabilize market expectations. We should make good use of the positive fiscal policy space, increase the tax reduction efforts, and help enterprises to overcome difficulties, adjust their structure, and increase their stamina. By adopting PPP and other means, we will expand effective investment, accelerate the construction of infrastructure, especially the construction of public facilities in the central and western regions, and promote balanced development. Innovate monetary policy tools to reduce corporate financing costs and better serve the real economy. Promote industrial upgrading with more prominent industrial policies, stricter standards and supervision, meet diversified needs, implement policies such as the same price for industrial and commercial electricity, create a level playing field for service industry development, and shape China with quality products and services. Manufacturing, the competitiveness of Chinese brands.

Li Keqiang demanded that innovation be placed at the core of the national strategy, especially by reforming and innovating institutional mechanisms to further stimulate market vitality and social creativity, freeing the needs of more than 1.3 billion people, and exerting more than 900 million labors and 150 million people. The ingenuity of multi-skilled talents has enabled China to develop more advantages in relying on human resources. It is necessary to combine "Internet +" and China Manufacturing 2025, through the mass entrepreneurship and innovation to bring together the wisdom and wisdom, break through the key technologies supporting the development of the industry, achieve more disruptive innovations, promote the transformation of traditional production models, and vigorously develop smart manufacturing and new types. The service industry has spawned new technologies, new products and new formats, which have made China's economy prosperous.

Li Keqiang said that the environment at home and abroad is now complicated, and relevant departments should go deep into the grassroots to discover and study and solve problems. I also hope that experts and entrepreneurs will actively make suggestions and create achievements, work together, and work hard to promote China's economic stability.

Liu Yandong, Wang Yang, Ma Kai, Yang Jing and Wang Yong attended the forum.

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