Implementing larger-scale tax and fee reduction to promote high-quality development of manufacturing
2018-12-27 06:09:11
Promote the high-quality development of manufacturing industry and promote the formation of a strong domestic market.
From December 19 to 21, the Central Economic Work Conference was held in Beijing. Xinhua News Agency reported that the Central Economic Working Conference pointed out that macro-policies should strengthen counter-cyclical adjustment, continue to implement active fiscal policy and sound monetary policy, timely fine-tuning and stabilization of aggregate demand; active fiscal policy should enhance efficiency, implement larger tax and fee cuts, and substantially increase the size of local government special bonds; sound monetary policy should be tightened. We should maintain reasonable and abundant liquidity, improve the transmission mechanism of monetary policy, increase the proportion of direct financing, and solve the problem of difficult and expensive financing for private enterprises and small and micro enterprises.
The main points are as follows:
1. Strengthening counter-cyclical adjustment in the critical year of a well-off society
The first is the judgment of the current economy and the prospect of the future economy. The meeting stressed that in the short run, the economy is facing downward pressure, while in the medium and long term, the economy is still in an important period of strategic opportunities.
In the critical year of a well-off society, economic work is of vital importance. From a positioning point of view, 16 years is the beginning of the decisive stage of building a well-off society in an all-round way, 18 years is the key year to win the victory of building a well-off society in an all-round way, while 19 years is the key year to build a well-off society in an all-round way.
Maintain economic and reasonable intervals and strengthen counter-cyclical regulation. How to do economic work well? There was a lot of ink in the meeting this year. On the one hand, compared with the end of last year, this year's meeting has been revisited every three years to maintain economic operation in a reasonable range, emphasizing that efforts should be made to stimulate the vitality of micro-subjects and further improve the performance of & ldquo; six stable & rdquo; and to boost market confidence, which is in line with the statement made at the Political Bureau meeting on December 13. On the other hand, this year's meeting emphasized for the first time that macroeconomic policies should strengthen counter-cyclical adjustment, continue to implement active fiscal policy and sound monetary policy, timely pre-adjust and fine-tune, and stabilize aggregate demand.
2. Active Fiscal Efforts to Improve Effectiveness and Moderate Steady Monetary Tightening
Secondly, it describes fiscal policy, monetary policy, structural policy and social policy. At the meeting, the positive fiscal policy should be strengthened, and the prudent monetary policy should be tightened and moderate.
Active fiscal policy has been upgraded from 16 years of & ldquo; intensified efforts & rdquo; & ldquo; 17 years of & ldquo; more active and effective & rdquo; & ldquo; 18 years of & ldquo; unchanged orientation & rdquo; upgraded to & ldquo; intensified efforts & rdquo;, the statement is more positive than in the past two years. This year's meeting emphasized the need to implement a larger tax reduction and fee reduction, and to increase the scale of local government special bonds by a larger margin, which means that while reducing fiscal revenue, increasing fiscal expenditure, the positive financial strength is not small, and a larger scale of tax reduction and fee reduction is also worth looking forward to!
Steady monetary policy from 16 years of & ldquo; flexible & Moderate & rdquo; & ldquo; 17 years of & ldquo; & neutral & rdquo; & ldquo; 18 years of & neutral & rdquo; & ldquo; adjusted to & ldquo; moderate tightening & rdquo;, the statement is also more positive than in the past two years. At this year's meeting, we re-mentioned & ldquo every three years; keep liquidity reasonable and abundant & rdquo; and did not mention & ldquo; currency gate & rdquo; which also confirms our positive attitude. And “ improving the transmission mechanism of monetary policy --- rdquo; and --- ldquo; increasing the proportion of direct financing --- rdquo; will help to solve the problem of difficult financing and expensive financing for private enterprises and small and micro enterprises.
Structural policies from 18 years of & ldquo; Strengthen the attraction and competitiveness of real economy & rdquo; Further focus on & ldquo; Strengthen the construction of institutional mechanisms & rdquo; and emphasize that we should insist on the motive force of reform, strengthen the basic position of competition policy, create a fair competitive institutional environment, and encourage SMEs to accelerate their growth.
Social policy has been carried out for 18 years from 65
3. Consolidate the achievements of supply reform and lay stress on key battles
This year's meeting also highlighted structural reform on the supply side and three major challenges. However, the focus has been adjusted. Supply-side reform focuses on capacity reduction, cost reduction and shortcomings. The three major battles focus on precise poverty alleviation and pollution prevention, which is basically consistent with the statement made at the Political Bureau meeting on December 13.
The meeting held that the main contradiction in China's economic operation is still the structural nature of the supply side, and we must adhere to the structural reform of the supply side as the main line. We should consolidate the “ three go, one fall and one supplement ” achievements, enhance the vitality of micro-main bodies, upgrade the level of industrial chain, and smooth the national economic cycle. Specifically, we should promote more industries with excess capacity to quicken liquidation, reduce the cost of all types of businesses in the whole society, and increase efforts to make up for shortcomings in infrastructure and other fields.
The meeting pointed out that the first three major battles of this year were successful, and next year we should focus on key battles in light of outstanding problems. Specifically, risk prevention should adhere to the idea of structural deleveraging, guard against abnormal fluctuations and resonances in financial markets, handle the debt risks of local governments steadily, and avoid simple and crude disposal measures. Precise poverty alleviation should increase the strength of poverty alleviation in deep poverty-stricken areas and special poverty-stricken groups. Pollution prevention and control should win the blue sky defense battle and help enterprises formulate environmental governance solutions.
4. High-quality development of manufacturing industry to form a strong domestic market
The meeting pointed out that seven key tasks should be done well next year.They are: to promote high-quality development of manufacturing industry, to promote the formation of a strong domestic market, to firmly promote the strategy of rural revitalization, to promote regional coordinated development, to speed up economic system reform, to promote all-round opening up, to strengthen security and improve people's livelihood. Among them, promoting the high-quality development of manufacturing industry and forming a strong domestic market ranks first and second, which is consistent with the statement of the Political Bureau meeting. Specifically:
To promote the high-quality development of manufacturing industry, we should promote the deep integration of advanced manufacturing industry and modern service industry and unswervingly build a strong manufacturing country; steadily promote the elimination of the fittest and quicken the disposal of the fittest; accelerate the formation and development of new technologies, new organizational forms and new industrial clusters; strengthen the technological innovation capacity of manufacturing industry, build a common technology research and development platform, and improve it. Integrative innovation mechanism of industry, University and research should be strengthened to support innovation of small and medium-sized enterprises, and the protection and application of intellectual property rights should be strengthened.
To promote the formation of a strong domestic market, efforts should be made to meet the final needs, improve product quality, accelerate the development of modern service industry, improve consumption environment, implement the special additional deduction policy of personal income tax, and enhance consumption capacity; play a key role in investment, increase technological transformation and equipment updating of manufacturing industry, speed up the construction of new infrastructure, and increase investment in infrastructure. We will make up for the shortcomings in the construction of rural infrastructure and public service facilities.
From our point of view, the core of the former lies in technological independence, while the core of the latter lies in market independence. They are not only the embodiment of “ strategic opportunity ” but also the inevitable choice to deal with Sino-US trade frictions.
5. Promoting reform and opening to the outside world in an all-round way
Compared with the conference at the end of last year, the emphasis on reform and opening-up at this year's conference has also increased significantly.
In terms of system reform, the conference at the end of last year emphasized ldquo; stimulating the vitality of various market players rdquo; while this year's conference clearly emphasized ldquo; accelerating the reform of economic system rdquo; and clearly pointed out ldquo; focusing on enhancing the vitality of micro-main bodies, promoting related reforms to deepen and consolidate
The reform of state-owned enterprises includes four areas: 1) upholding the principle of separation of government and enterprise, separation of government and capital, and fair competition, transforming into managed capital and promoting mixed transformation; 2) supporting the development of private enterprises and protecting the personal and property safety of private entrepreneurs; 3) deepening the reform of financial system, developing private banks and community banks, guiding more medium and long-term funds into capital market, and promoting scientific and technological innovation. 4) The reform of fiscal and taxation system should improve the local tax system, standardize the mechanism of government borrowing and financing, transform government functions and reduce the direct allocation of government resources.
At the end of last year, the conference emphasized “ promoting the formation of a new pattern of comprehensive opening-up-rdquo; while this year's conference further upgraded to “ promoting all-round opening-up-rdquo; and emphasizing “ promoting the transformation from the flow-oriented opening of commodities and elements to the institutional opening-up-rdquo;.
Specifically, it includes three aspects of opening up: 1) relax market access, fully implement the pre admission national treatment plus negative list management system, protect the legitimate rights and interests of foreign businessmen in China, especially intellectual property rights, and allow more areas to carry out sole proprietorship; 2) expand import and export trade, promote diversification of export markets, and reduce institutional costs of import links; 3) promote &ldquo and other areas. - rdquo; Bring into play the main role of enterprisesEffective control of all kinds of risks.