At 9:00 am on March 5, the Fifth Session of the 13th National People's Congress held an opening meeting in Great Hall of the People , and Premier Li Keqiang delivered a government work report.
Premier Li Keqiang proposed in his government work report on the 5th to focus on stabilizing the macroeconomic market and keeping the economy running within a reasonable range. Continue to do a good job in " six stability " and "six guarantees". Macroeconomic policy has space and means. We must strengthen cross-cycle and counter-cyclical adjustments to provide strong support for the smooth operation of the economy.
improves the effectiveness of positive fiscal policy. This year, the deficit ratio of is planned to be arranged at around 2.8%, which is lower than last year, which is conducive to enhancing the fiscal sustainability of . It is expected that fiscal revenue will continue to grow this year. In addition, specific state-owned financial institutions and specialized institutions pay off profits in recent years in accordance with the law and transfer them to budget stabilization adjustment fund , etc., the scale of expenditure has increased by more than 2 trillion yuan compared with last year, and the available financial resources have increased significantly. The new financial resources should be transferred to the grassroots level, mainly used to implement policies to help enterprises alleviate difficulties, stabilize employment and ensure people's livelihood, promote consumption and expand demand. This year, the central government's expenditure at the same level will increase by 3.9%, among which the central department's expenditure will continue to grow negatively. The central government's transfer payments to local increased by about 1.5 trillion yuan, with a scale of nearly 9.8 trillion yuan, an increase of 18%, the largest increase in years. The central government will include more funds in the direct scope, and provincial finances should also increase support for cities and counties, so that grassroots units will be more capable and motivated to implement policies that benefit enterprises and the people.
We must make good use of government investment funds to drive the expansion of effective investment. This year, local government special bonds are planned to be arranged 3.65 trillion yuan. Strengthen performance orientation, adhere to the principle of "funds follow projects", reasonably expand the scope of use, support subsequent financing of projects under construction, and start a number of qualified major projects, new infrastructure, and old public facilities renovation and other construction projects. Private investment accounts for the majority of investment. We must give full play to the role of leading major projects and leveraging government investment, improve relevant support policies, and fully mobilize the enthusiasm of private investment.
We must insist on the government's tight life and better save and benefit the people. Vigorously optimize the expenditure structure, ensure key expenditures, and strictly control general expenditures. Revitalize fiscal stock funds and idle assets. Governments at all levels must work hard and be thrifty, and the central government and provincial governments must take the lead. Strengthen the management of income and expenditure, strictly prohibit extravagance and waste, do not build new buildings and halls in violation of regulations, and do not engage in image projects. Those who violate financial discipline and wantonly squander public funds must be strictly investigated and punished, and valuable funds must be used in important areas of development and urgent needs for people's livelihood.
Increase the implementation of prudent monetary policy . Give full play to the dual functions of the total and structure of the monetary policy tool of to provide stronger support for the real economy. Expand the scale of new loans, keep the growth rate of money supply and social financing scale basically in line with the nominal economic growth rate, and keep the macro leverage ratio basically stable. Maintain the basic stability of RMB exchange rate at a reasonable equilibrium level. Further clear the monetary policy transmission mechanism of , guide more funds to flow to key areas and weak links, and expand the coverage of inclusive finance. Promote financial institutions to reduce actual loan interest rates and charge fees, so that market entities can personally feel the increase in financing convenience and the real decline in comprehensive financing costs.
strengthens employment priority policy. Vigorously expand employment channels, focus on stabilizing employment by stabilizing market entities, and enhance the role of entrepreneurship in driving employment. Finance, taxation, finance and other policies should be implemented first around employment and increase support for enterprises to stabilize and expand jobs. All types of special employment promotion policies should be strengthened and optimized, and unreasonable restrictions on employment and entrepreneurship should be resolutely cleared and cancelled. All regions should do everything possible to stabilize and expand employment.
ensures food and energy security. Ensure the supply of important agricultural products such as grain, ensure people's livelihood and the normal production and operation of enterprises. Implement a comprehensive conservation strategy. Enhance the domestic resource production guarantee capacity, accelerate the exploration and development of oil, gas, minerals and other resources, improve the national strategic material reserve system, and ensure the supply of primary product . Keep the price level basically stable.
prevents and resolves major risks.Continue to follow the basic principles of stabilizing the overall situation, coordinating, implementing policies in a classified manner, and precise bomb disposal, and do a good job in risk disposal in the economic and financial sectors. Strengthen local responsibilities, departmental supervision responsibilities and corporate main responsibilities, strengthen risk warning, prevention and control mechanisms and capacity building, establish financial stability guarantee funds, use market-oriented and legal methods to resolve risks and hidden dangers, and firmly maintain the bottom line of preventing systemic risks.
(Compiled based on live broadcast text on the Internet)
Source: China News Network
