Promote the overall improvement of economic performance and achieve effective improvement in quality and reasonable growth in quantity – looking at the new direction of China’s economic work in 2023 from the meeting of the Political Bureau of the Central Committee

On December 8, Xinhua News Agency released “Promoting the overall improvement of economic operations and achieving effective improvement in quality and reasonable growth in quantity – New trends in China’s economic work in 2023 from the Political Bureau meeting of the Central Committee”, the content is as follows:
2023 is the first year to fully implement the spirit of the 20th National Congress of the Communist Party of China, and it is very critical to do a good job in economic work. On December 6, General Secretary Xi Jinping presided over a meeting of the Political Bureau of the CPC Central Committee to analyze and study the economic work in 2023, clarifying the general tone of “adhering to stability while seeking progress” and emphasizing “promoting the overall improvement of economic operations and achieving effective improvements in quality and quantity.” Reasonable growth and a good start for the comprehensive construction of a modern socialist country.” Better coordinate epidemic prevention and control and economic and social development Better coordinate development and security The Political Bureau meeting of the Central Committee pointed out that to do a good job in economic work next year, we must be guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and fully implement the spirit of the 20th National Congress of the Party. , solidly promote Chinese-style modernization, adhere to the general tone of the work of seeking progress while maintaining stability, implement the new development concept completely, accurately and comprehensively, accelerate the construction of a new development pattern, strive to promote high-quality development, better coordinate epidemic prevention and control and economic and social development, and more It is good to coordinate development and security. “This important meeting will study and deploy the economic work in the first year of fully implementing the spirit of the 20th National Congress of the Communist Party of China. It is of great significance for stabilizing development expectations, boosting market confidence, and stimulating the entrepreneurial vitality of officials in the whole society.” Tsinghua University China said Dong Yu, executive vice president of the Institute of Development Planning. The Comprehensive Team of the Joint Prevention and Control Mechanism of the State Council issued the “Notice on Further Optimizing and Implementing Prevention and Control Measures for the New Coronavirus Epidemic” on the 7th, which clarified the scientific and accurate division of risk areas, further narrowed the scope of nucleic acid testing, reduced the frequency, and asymptomatic infections with home isolation conditions. Patients and mild cases generally adopt ten optimization measures such as home quarantine. Dong Yu said that the current task of stabilizing growth is very important, and the meeting of the Political Bureau of the Central Committee emphasized the focus on stabilizing growth, stabilizing employment, and stabilizing prices. Implementing the spirit of this meeting and better coordinating epidemic prevention and control and economic and social development will help further release economic and social vitality; better coordinating development and security, effectively preventing and defusing major risks, and helping to create a better environment for high-quality development. conditions to achieve effective improvement in quality and reasonable growth in quantity of China’s economy. Strengthening the coordination and cooperation of various policies to form a joint force to jointly promote high-quality development. The Political Bureau meeting of the Central Committee pointed out that next year we must adhere to the priority of stability and seek progress while maintaining stability, continue to implement proactive fiscal policies and prudent monetary policies, and strengthen coordination and cooperation of various policies. Optimize epidemic prevention and control measures to form a joint force to jointly promote high-quality development. Since the beginning of this year, our country has actively implemented the spirit of the Central Economic Work Conference at the end of last year, promptly and decisively introduced a package of policies and follow-up measures to stabilize the economy, striving to ensure that market entities maintain stable employment and prices, and provide strong support for stabilizing the economic market. Yang Zhiyong, deputy director of the Institute of Financial Strategy of the Chinese Academy of Social Sciences, said that my country’s economic operation will still face challenges next year. This meeting clearly strengthened the coordination and cooperation of various policies, which will help maintain the strength and intensity of policies, focus on key areas and continue to make efforts to ensure The economy will develop stably and achieve reasonable growth next year. The meeting of the Political Bureau of the CPC Central Committee emphasized that proactive fiscal policy must be intensified to improve efficiency, prudent monetary policy must be precise and powerful, industrial policy must address both development and security, science and technology policy must focus on self-reliance and self-improvement, and social policy must secure the bottom line of people’s livelihood. “Implementing the spirit of this meeting, further optimizing the focus and implementation methods of various policies, and exerting synergistic effects will help stabilize market expectations and boost market confidence.” said Liu Shangxi, president of the Chinese Academy of Fiscal Sciences. Comprehensively deepen reform and opening up and vigorously boost market confidence. The Political Bureau meeting of the Central Committee pointed out that “comprehensively deepen reform and opening up and vigorously boost market confidence”; it is necessary to effectively implement “two unwavering” and enhance the motivation and vitality of my country’s socialist modernization drive. Zeng Gang, director of the Shanghai Finance and Development Laboratory, pointed out that by building a high-level socialist market economic system, we will create a good development environment for all types of market entities, unswervingly implement the “two unwavering principles”, optimize the development environment for private enterprises, and further Stimulate the vitality of various market entities, stabilize development expectations, and boost development confidence. The meeting also proposed that we should promote high-level opening up and make greater efforts to attract and utilize foreign investment. “At present, the uncertainty of the world’s economic recovery is rising. China’s determination to promote high-level opening up to the outside world shows that the strategy is determined, the market has potential, and the policies are synergistic. It plays an important role in boosting market confidence.” Research on International Trade and Economic Cooperation of the Ministry of Commerce Gu Xueming, dean of the hospital, said. Since the beginning of this year, our country has accumulated development potential with the momentum of opening up, attracted foreign investment to maintain double-digit growth, and foreign trade exports have shown strong resilience, becoming an important engine for stable economic growth. “It is both conditional and necessary to make greater efforts to attract and utilize foreign investment.” Gu Xueming said that foreign investment has the unique advantage of connecting domestic and international countries, which is of great significance for accelerating the construction of a new development pattern and further promoting in-depth reform with high-level opening up to the outside world. , to promote high-quality economic development. Focus on expanding domestic demand and accelerate the construction of a modern industrial system. The meeting of the Political Bureau of the Central Committee pointed out that “organically combine the implementation of the strategy of expanding domestic demand with deepening supply-side structural reform” and emphasized that “we must focus on expanding domestic demand and give full play to the basic role of consumption and the role of investment.” Key role”. By investmentDomestic demand, composed of economic growth and consumption, is the “main engine” of economic growth. “Consumption is the final demand and the basic driving force for economic development. Expanding effective investment will help expand domestic demand in the short term. In the long term, it will help improve effective supply capacity and improve supply quality, thereby leading and creating new demand and promoting the formation of healthy supply and demand. circulation and enhance the endogenous power and reliability of the domestic macroeconomic cycle.” said Wang Yun, a researcher at the China Institute of Macroeconomics. The meeting of the Political Bureau of the CPC Central Committee emphasized the need to accelerate the construction of a modern industrial system and improve the resilience and safety of industrial and supply chains. Dong Yu said that the modern industrial system is the material support for a modern country. We must implement the spirit of the Politburo meeting and accelerate technological self-reliance and self-reliance. By implementing industrial base reconstruction projects and major technical equipment research projects, we can effectively make up for shortcomings and forge strong points, continuously consolidate basic industrial capabilities, and continue to improve the resilience of my country’s industrial and supply chains. and safety level. Ensuring and improving people’s livelihood is an important goal of economic and social development. The meeting emphasized that we must make overall plans to ensure the supply and price of important livelihood commodities and ensure the supply of coal, electricity, oil and gas transportation, care for the production and life of people in need, ensure the payment of wages to migrant workers, pay close attention to safety production and disaster prevention and reduction, and maintain social harmony and stability. “In the face of the impact of the epidemic and the downward pressure on the economy, the meeting of the Political Bureau of the Central Committee further emphasized the bottom line of people’s livelihood and made careful arrangements around key areas and weak links, reflecting the determination and confidence to stabilize growth, employment, prices, and do everything possible to ensure people’s livelihood. ” said Wang Jun, director of the China Chief Economist Forum. One point is deployment and nine points is implementation. The meeting of the Political Bureau of the Central Committee clearly pointed out that it is necessary to strengthen the party’s overall leadership over economic work, comprehensively study, grasp and implement the spirit of the 20th National Congress of the Party, and improve the implementation mechanism of the Party Central Committee’s major decisions and arrangements. We must persist in working hard to stimulate the entrepreneurial vitality of officials in the whole society, so that cadres dare to do something, local governments dare to venture into, enterprises dare to do something, and the people dare to pioneer. “The meeting highlighted ‘implementation’, which means to mobilize the enthusiasm of all parties and promote the sustained recovery of economic and social development through the comprehensive implementation of the Party Central Committee’s major decisions and arrangements. This releases a strong signal to boost market confidence and also provides a basis for the comprehensive implementation of the Party’s The spirit of the 20th National Congress of the Communist Party of China provides important guidance.” Wang Jun said.