Economy

Consolidate the Foundation of "Stability" and Accumulate the Kinetic Energy of "Progress" -- Observation on the Continued Recovery of the National Economy

2022-11-22   

The national economic data for October released by the National Bureau of Statistics recently showed that the national economy continued to recover with the efficient coordination of epidemic prevention and control and economic and social development. At present, all regions are speeding up the implementation of various policies and measures to stabilize the economy, consolidating the foundation of "stability", accumulating the momentum of "progress", and taking advantage of the momentum to expand the space for further economic stability. A few days ago, the joint prevention and control mechanism of the State Council announced 20 measures to further optimize epidemic prevention and control, requiring scientific and accurate prevention and control. Fujian Fuzhou speeds up the adjustment and removal of the original medium and high risk areas; Qinghai Xining refines work objectives, nucleic acid detection and other related contents; The Ministry of Culture and Tourism issued a notice to clarify that cross provincial tourism business activities will no longer implement linkage management with risk areas; The Ministry of Transport revised and released six epidemic prevention and control work guidelines, further optimizing epidemic prevention and control measures... It is a key window period to expand the economic stability and upward trend. All localities and departments implemented the spirit of the Twentieth National Congress of the Communist Party of China, effectively coordinated epidemic prevention and control and economic and social development, and took multiple measures to consolidate the foundation for economic recovery. Recently, the western section of Jinan Rail Transit Line 6 entered the shield construction stage. After opening to traffic, this line will connect many large passenger flow distribution points and key development areas, becoming the "golden line" to accelerate the flow of production factors in the urban area. Accelerating the construction of major projects is an important support for expanding domestic demand and stabilizing the economic market. In the first 10 months of this year, China's total planned investment in new projects increased by 23.1% year on year, and the funds in place for investment projects (excluding real estate development investment) increased by 22%. "We will give full play to the role of the coordination mechanism for promoting effective investment in important projects, further accelerate the investment and use of policy based development financial instruments and infrastructure projects, and actively expand effective investment." Meng Wei, spokesman of the National Development and Reform Commission, said. Consumption is the key link to smooth the domestic circulation. The report of the 20th National Congress of the Communist Party of China pointed out that efforts should be made to expand domestic demand, strengthen the fundamental role of consumption in economic development and the key role of investment in optimizing the supply structure. The fourth quarter is the traditional peak consumption season, and the policies of various regions continue to strengthen to accelerate the recovery of consumption - Zhejiang Shaoxing issued several policies to promote the consumption of new energy vehicles, and increased support in terms of purchase subsidies, car purchase preferences for talents, etc; Ningxia Yinchuan launched the government subsidy activity of "night economy consumption coupon"; Guangdong encouraged the "old for new" activity of household appliances until the end of November... Stabilizing more than 160 million market players is the key to stabilizing the economic fundamentals. "Not long ago, we received another 'red envelope' for tax relief, amounting to 1.63 million yuan, which added to the company's confidence in stable production and expanding the market." Said Ji Haibin, financial director of Anhui Tongling Zhenghao Technology Co., Ltd. As of November 10, the new tax and fee reductions and tax rebates and tax deferrals have exceeded 3.7 trillion yuan nationwide; Xiamen, Fujian Province, has made clear the assistance measures such as reducing the basic medical insurance rate of employees periodically; Shaanxi has introduced 50 measures to reduce the operating burden of market entities and reduce institutional transaction costs... "We will continue to implement the VAT rebate policy, further consolidate and improve the working mechanism of VAT rebate, and help

Edit:wangwenting Responsible editor:xiaomai

Source:xinhuanet

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