Is it more difficult for GDP growth than expected? - It is confident that growth will be about 6.5%
In 2017, China’s economy was remarkable, and its GDP ranked second in the world. However, some people believe that taking into account this year's investment, consumption, and exports are all facing uncertainty, China’s economic performance may not be able to achieve 'high scores' in 2018. .
According to He Lifeng, China’s economy is dynamic, has potential, has stamina, and has a very strong tenacity. This year’s official target of economic growth of around 6.5% is objectively achieved through hard work.
He said that this year's investment reinforcements will increase, and the contribution of investment to economic growth will still be maintained at about one-third; exports can still maintain stable growth; with the accelerated development of emerging industries and modern service industries, middle-income groups As consumption levels increase, the scale of consumption will further expand.
In this case, 'we are full of confidence that our economic growth will achieve a target of around 6.5% this year', said He Lifeng.
How to optimize the investment environment? - A group of 'hard measures' on the road
In 2018, China’s absorption of foreign investment started flat, and the amount of foreign investment in China has not increased compared to the same period of last year. Has China's business environment deteriorated?
Ning Jiqi provided answers with third-party data: According to the UNCTAD survey, China is still the world’s second most attractive investment destination. According to the US Business Association’s 2018 annual report on the Chinese business environment, 76 % of member companies believe that China's investment environment is 'improving' or 'maintaining stability'.
However, he also said frankly that improving the investment environment is 'still on the road' and that it needs to continue to introduce 'hard measures'.
Ning Jiyi disclosed that these measures mainly include drastically relaxing market access, such as fully liberalizing the general manufacturing industry, relaxing or eliminating restrictions on foreign-invested shares in some areas, relaxing or removing restrictions on business scope, and vigorously promoting investment facilitation and promoting foreign investment. Enterprises and domestic-funded enterprises implement fair competition in all aspects, strictly protect the intellectual property rights of foreign-invested enterprises, attract foreign capital on a large scale, replicate and replicate the experience of free trade zones.
He also stated that he will pay close attention to establishing an evaluation mechanism for the business environment and promote the transformation of local governments from the past to contend for funds and strive to create a quality business environment.
Too fast to remove production capacity? - Standardization is the basic requirement
Over the past five years, China has achieved a good result in resolving excess capacity. It has withdrawn more than 170 million tons of steel production capacity and 800 million tons of coal production capacity. However, there have been over-emergency actions in some regions, resulting in the closure of some enterprises with legal procedures.
'Standardization of capacity reduction is a basic requirement', and Ning Ji's 'barbarian' statement: If there is a place that infringes on the legitimate rights and interests of the company, 'If it is discovered, it will be resolutely corrected'.
According to this year's government work report, China will further reduce its steel production capacity by about 30 million tons this year, and withdraw its coal production capacity by about 150 million tons. Ning Jixi said that it will do a good job of resolving the surplus, optimizing the structure, and ensuring supply, and gradually realize Total capacity elimination is mainly shifting from structural to capacity-reducing and system-optimized production capacity. At the same time, industry operations monitoring and analysis should be strengthened, effective measures should be taken in time, and the price should be kept within a reasonable range.
What is the solution to the problem of 'hollow village'?
Zhang Yong admits that there are more than 200 million migrant workers in rural areas in China, most of them are young adults. The elderly and children are mainly left behind. The problem of 'hollowing out' does exist to varying degrees.
At present, the National Development and Reform Commission is leading the preparation of the five-year plan for the rural revitalization strategy. Zhang Yong stated that the plan will be adapted to local conditions and propose the revitalization paths for different types of villages, implementation requirements, priority tasks, and working methods to provide guarantees in terms of people, finances, and materials. Promote the full revitalization of rural areas.