The Politburo meeting of the CPC Central Committee, which has received much attention from the market, was held yesterday to analyze and study the current economic situation in China and to deploy economic work in the second half of the year
The meeting pointed out that the current economic development faces new risks and challenges, and the downward pressure on the domestic economy has increased.
The meeting pointed out that the fiscal policy should be strengthened to improve efficiency and continue to implement the policy of reducing tax reductions and reductions. Monetary policy should be moderate and moderate, and liquidity should be kept reasonable; but at the same time, it is emphasized for the first time that “real estate is not used as a means of stimulating the economy in the short term.”
The Xinhua News Agency issued a press release yesterday saying that the Political Bureau of the CPC Central Committee held a meeting yesterday and was chaired by Xi Jinping, the general secretary of the CPC Central Committee, to analyze the current economic situation and deploy economic work in the second half of the year.
The meeting held that China’s economic development is facing new risks and challenges, and the downward pressure on the domestic economy is increasing. It is necessary to enhance the sense of urgency and be good at turning crises into opportunities.
Coin policy is tight and moderate
The meeting stressed that it is necessary to adhere to the general tone of the work of striving for stability, with the supply-side structural reform as the main line, and implement a proactive fiscal policy and a prudent monetary policy. The fiscal policy should be strengthened to improve efficiency and continue to implement the policy of reducing tax reductions and reductions. The monetary policy should be moderate and moderate, and the liquidity should be reasonable and sufficient.
The meeting stressed that the insistence that the house is used for housing, not for the positioning of speculation, the implementation of real estate long-term management mechanism, does not use real estate as a means of stimulating the economy in the short term; and specifically to deepen domestic demand, stabilize manufacturing investment, support private Various requirements have been made in the development of enterprises, speeding up the rectification of “zombie enterprises”, and implementing priority policies for employment.
Xi Jinping also hosted a symposium for non-party members in Zhongnanhai yesterday to listen to the current economy and economic work in the second half of the year. He said that China’s economic operation is generally stable and stable, indicating that the current economic situation in China is generally good, but the international environment and domestic conditions have undergone profound and complex changes, and it is necessary to maintain a certain strength, and propose that it is necessary to lay down the risks and turn to danger. The strategic initiative of the aircraft.
Keeping the strength
He stressed that it is necessary to enhance confidence, maintain determination, and strengthen the atmosphere, coordinate the overall situation of domestic and international affairs, adhere to the general tone of steady progress, and promote sustained and healthy economic development; both to see difficulties and problems in economic operations, but also to Seeing that the long-term trend of China’s economy has remained unchanged, we will unswervingly deepen supply-side reforms, foster new economic growth points, and solidly promote high-quality economic development.
Xi Jinping raised three hopes for economic work in the second half of the year: First, we must correctly understand the economic situation, enhance confidence and firm determination; second, we must focus on key objectives and tasks, give play to advantages and contributions; and third, we must correctly address the difficult challenges on the development path and be brave enough to act. Dedication.
The Shanghai Composite Index closed up 0.4% yesterday to 2,952 points. The financial sector took the lead and the net foreign investment was nearly 2.5 billion yuan. The company entered the second week, and the overall trend stabilized. Some stocks remained strong and rose more than 10%.