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The implementation of extraordinary measures accelerated to promote the stabilization and recovery of the economy in the second quarter

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2022-06-07 12:39:45

Local fast-moving horses and whips together to stabilize the economy

The implementation of extraordinary measures accelerated to promote the stabilization and recovery of the economy in the second quarter

Tianjin "35" to stabilize the economy, "38" to stabilize the economy in Zhejiang, "43" to stabilize the economy in Jiangxi, and "48" to stabilize the economy in Fujian... A reporter from the "Economic Information Daily" noted that since the "State Council on Printing and Distributing a Solid and Stable Economy" Since the release of the "Notice of Economic Package Policy and Measures", as of June 6, more than a dozen provinces have successively issued implementation plans and supporting policies for a package of policies and measures to stabilize the economy.

From the perspective of the industry, at the key node that determines the economic trend of the whole year, all localities seize the time window and compete to launch a new round of economic stabilization measures.On the basis of implementing national policies, around key areas such as expanding investment to promote consumption, stabilizing industrial and supply chains, and bailing out market players, a number of unconventional measures have been taken. ”, to accelerate the gathering of strong synergies for stable growth, and to promote the stabilization and recovery of the economy in the second quarter.

——Increase investment, promote consumption and expand domestic demand

Expanding effective investment is not only conducive to expanding current demand and coping with downward economic pressure, but also conducive to optimizing the supply structure and promoting high-quality development.From accelerating the construction of transportation infrastructure to strengthening the construction of water conservancy projects, from promoting the construction of energy projects to accelerating the deployment of digital infrastructure, the local government has determined the timetable and mission statement for accelerating the expansion of effective investment with major projects as the starting point.

For example, Qinghai proposed to start a new round of rural road construction and renovation. On the basis of completing the task of 1,500 kilometers in 2022, an additional 1,000 kilometers of newly renovated rural roads will be completed.Liaoning has clearly promoted the implementation of 24 qualified major projects such as nuclear power, pumped storage, high-voltage power transmission, LNG gas storage, and large-scale wind power photovoltaic bases as soon as possible.Sichuan proposed to introduce a batch of projects to the society in June that conform to industrial policies and development plans, with moderate investment scale and a clear return mechanism.Guangdong proposed to support banking institutions to accurately connect 1,570 key projects and 103 key projects in Guangdong Province and the Pearl River Delta industrial gradient transfer project.

In terms of promoting consumption, various places have also frequently made big moves.Zhejiang has used the leverage of consumer coupons to coordinate and orderly distribute various consumer coupons such as automobiles, home appliances, furniture and home improvement, catering and accommodation, culture, tourism and sports.Beijing has proposed to vigorously promote large-scale consumption such as automobiles.In addition, for passenger cars with a displacement of 2.0 liters and below whose purchase date is between June 1 and December 31, 2022 and whose bicycle price (excluding VAT) does not exceed 300,000 yuan, the vehicle purchase tax will be halved. .

"Recently, the epidemic has been effectively controlled, and offline consumption scenarios have gradually recovered. The timely introduction of consumption promotion policies is conducive to accelerating the recovery of the service industry and stabilizing employment. At the same time, the promotion of consumption in many places focuses on automobiles, consumer electronics, and green home appliances. It will help to speed up the release of residents' consumption upgrading needs, further increase the traction for domestic industrial upgrading, and smooth the internal circulation." said Gao Ruidong, managing director and chief macroeconomist of Everbright Securities.

——There are hard moves to stabilize the industrial chain and supply chain to resume work and reach production

Industrial chain Supply chain is the backbone of the economy.From focusing on breaking through the blocking points such as logistics and transportation, to improving the "white list" system for key enterprises to resume work and reaching production, from consolidating the construction of the supply chain system for food and energy products, to developing the supplementary chain of basic civilian production industries and the strong chain of high-precision and advanced industries To extend the chain, local governments take various measures to ensure the smooth and stable supply chain of key industrial chains.

To get through the blocking points, Guangdong has completely lifted the epidemic prevention restrictions on freight vehicles from low-risk areas of the epidemic, focused on breaking through the logistics bottlenecks in the manufacturing industry, and accelerated the progress of finished product inventory turnover.For industrial enterprises in the epidemic-related areas of the key material transportation vehicle passes, "should apply for all applications" and "should be issued" to ensure the smooth logistics of key materials.

Aiming at key industries, Guangxi implemented "one line, one policy" to support negative growth enterprises in the automobile, machinery, grain and oil, food, electronic information, building materials and other industries to resume positive growth.

Strive to promote the resumption of production and production, Fujian will establish and improve the risk monitoring mechanism of the industrial chain and supply chain, strengthen the service guarantee of "whitelist" enterprises in the supply chain of key industrial chains, promote the linkage between upper and lower levels, regional mutual recognition, and jointly promote the resumption of production and production of enterprises in the industrial chain and supply chain. .

Sun Chuanwang, a professor at the School of Economics of Xiamen University, said that based on their own actual conditions, each locality will further refine a series of measures to ensure the stability of the industrial chain and supply chain, which will help improve the pertinence, feasibility and effectiveness of the policy, break through the blocking points of industrial development in a timely manner, and empower the industry. The development of key industries and smooth supply chains will fully support the accelerated recovery and revitalization of local economies.

——There are practical measures to bail out market entities, reduce burdens and stabilize jobs

"In the grass-roots survey, market players, especially small and medium-sized enterprises and individual industrial and commercial households, reported the most concentrated and most expected policies from the government, such as tax and fee reductions, rent reductions, job stabilization returns, and financial support. These policies can increase rapidly. The cash flow of market entities helps market entities recover their vitality." Xu Yingwu, a spokesperson for the Tianjin Municipal Government, said a few days ago.Among the "35 Measures" for stabilizing the economy in Tianjin, there are 18 policy measures to solve difficulties and bail out market players.

Expand the scope of tax rebates to more industries; reduce the cost of water, electricity, gas, and network; promote financial institutions to reduce fees and profits, and reduce financing costs... Focusing on bailing out market players, all localities use "real money" to reduce burdens and stabilize jobs Practical tricks.

Yunnan emphasizes on strengthening the policy of VAT credits and refunds.Jiangxi encourages small, medium and micro enterprises and individual industrial and commercial households in the service industries such as accommodation and catering, transportation, cultural tourism, wholesale and retail, etc., to subsidize 30% of the water and electricity fees payable from June to September.Anhui Province promotes the construction of a long-term mechanism for financial services for small and micro enterprises who dare to lend, willing to lend, can borrow, and will lend, and the provincial comprehensive financial service platform will add 500 billion yuan in financing services in 2022.

"Stabilizing market entities means stabilizing employment, people's livelihood, growth, and the future. Only by stabilizing market entities can the broader economy be stabilized." Ma Xiaobai, associate researcher at the Enterprise Research Institute of the Development Research Center of the State Council, believes that all localities focus on pain points, blockages, and difficulties in order to help stabilize the market. Market entities, especially small, medium and micro enterprises, have taken many measures to relieve difficulties and have a wide range of efforts, which will help enterprises to enjoy the "timely rain" of the policy earlier and faster.

——Accelerate the formation of policy synergy to promote economic stabilization and recovery

Accelerating the formation of policy synergy has become a prominent feature of the new round of local economic stabilization measures.

"The '1+20' policy system introduced this time has produced a set of powerful and warmer policy 'combination punches'." When talking about the new package of policy measures and supporting policies introduced by Hebei Province, the Hebei Provincial Government made a press statement. Wang Suwen summed it up as "one high and three strong" - high gold content, strong directionality, strong timeliness, and strong pertinence.

"There are 38 measures in eight aspects. The policies cover a wide range of areas, are powerful, and have high precision, revealing a positive signal to further release the policy synergy." The relevant person in charge of the Zhejiang Provincial Development and Reform Commission said when interpreting the "38 measures" to stabilize Zhejiang's economy.

Liu Xiangdong, deputy director of the Economic Research Department of the China Center for International Economic Exchanges, pointed out that local governments fully implement the national economic stabilization policy and implement localized measures according to local conditions, which are more comprehensive and more realistic.He suggested that to stabilize the economy, we must adhere to the "nationwide game of chess", exert policy synergy as soon as possible, and focus on cross-regional connectivity while exerting initiative."In addition to opening up key blocking points in the economic cycle, it is necessary to give full play to the local advantages in unblocking the industrial chain and supply chain, support the development of 'specialized, specialized, and new' enterprises, optimize the business environment by means of market-oriented reform, and promote economic development. The cycle returns to expansion."

(Editor in charge: CF009)

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