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Original title: New faces in the free zone Experts say it is not necessary to exaggerate the pension crisis | Finance 6:00 PM
Economic news
China adds three free trade zones in Beijing, Hunan and Anhui
The free trade zone is “new” again. On Monday, the State Council issued a notice on the general plan for the Beijing, Hunan and Anhui Pilot Free Trade Zones and the expansion plan for the Zhejiang Pilot Free Trade Zone. So far, the number of free trade zones in China has increased to 21. Although both are new free trade zones, their strategic positioning is different. The Beijing Free Trade Zone will help build a globally influential technology innovation center, and the Hunan Free Trade Zone will focus on building a world-class advanced manufacturing cluster. The commercial zone will accelerate the construction of sources of scientific and technological innovation, the agglomeration and development of advanced manufacturing industries and emerging strategic industries, and will form a new inland opening mountainous zone.
Publication of the “subsidy reward” policy for fuel cell vehicles
The Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the National Development and Reform Commission, and the National Energy Administration jointly issued a notice on Monday, saying that the subsidy policy for the The purchase of fuel cell vehicles will be in line with the support policy for demonstration applications of fuel cell vehicles and the implementation of eligible city clusters. The industrialization of key fuel cell vehicle technology and demonstration applications will be awarded. Under the plan, the demonstration period is tentatively set at four years. During the demonstration period, the five departments will adopt the “reward for compensation” method and reward pre-selected city agglomerations for the demonstration according to their objectives.
China’s First Autonomous Deepwater Oilfield Group Goes into Production
There is good news in the greater bay area. According to CCTV News, China’s first autonomous deep-sea oilfield group, Liuhua 16-2 oilfield group, was officially put into operation on September 20, with an annual oil production of 3.5 million tons. . The completion and commissioning of the oilfield group has further improved China’s deepwater oil and gas development engineering technology system with independent intellectual property rights, and has injected new impetus to the development of the Great Guangdong-Hong Kong-Macao Bay Area.
Financial opinion
Lin Yifu: The most effective way to smooth the national circulation is to reform
Reform is always the key to solving problems. According to the People’s Daily, Lin Yifu, Honorary Dean of the National Development Research Institute of Peking University, said in an exclusive interview with the newspaper that the most important and effective means of smoothing the national business cycle is to deepen reform. . Lin Yifu pointed out that in the past 40 years of reform and opening-up, China’s product and service markets have developed rapidly, but the development of the factor market is still insufficient, and resource allocation is still distorted. In the financial market, farmers, small and micro enterprises, etc. they must receive greater financial support through reforms; in the talent market, measures such as the reform of the household registration system should be used to remove barriers to interregional talent mobility; in the land market, the rural collective land should be deepened. System reform.
Hu Xiaoyi: China has a pension crisis, but it is not necessary to exaggerate it
According to the “Economic Observer” report, Hu Xiaoyi, chairman of the China Social Insurance Society, recently said that China has a pension crisis, but there is no need to exaggerate it. He noted that company employee pension insurance exists under pressure from long-term fund balance, which comes mainly from the challenge of an aging population. However, the state has adopted and is planning a series of important reforms to actively respond to the challenges of an aging population, such as the implementation of a central adjustment system for pension insurance funds, and insurance will soon be implemented. basic pension at the national level. In addition, the central government has also proposed a policy of gradually delaying the retirement age to improve the dependency ratio, thus solving the problem of income and expenditure imbalance.
Zhang Bin: There is no RMB exchange rate cycle
Zhang Bin, deputy director of the Institute of World Economy, Politics and Metallurgy at the Chinese Academy of Social Sciences, pointed out that even if the US dollar enters a depreciation cycle, it does not mean that the renminbi will be able to maintain its strength. You need to be careful when judging the yuan entering the so-called appreciation cycle. Compared with changes in the US dollar index, the China Manufacturing Purchasing Managers Index (PMI) is more closely related to the RMB exchange rate, because the PMI represents the degree of national economic prosperity, which is more important for capital flows and exchange rates.
Related reports:[Entrevista]Zhang Bin: There is no cycle in the RMB exchange rate. Better to look at the PMI than the US dollar index
Financial data
September LPR stops
On Monday, the People’s Bank of China authorized the National Center for Interbank Financing to announce the loan market listing rate (LPR), which shows that the one-year LPR is 3.85%; the five-year LPR is 4.65%. Since May, there have been no changes in the one-year and five-year LPR quotes.
Related reports:Once monetary policy is back to normal, is there any chance of reducing the LPR quotes?
150 pieces of courier can stabilize 1 job
With a little bit of your hand, other people’s work will be available. Ma Junsheng, director of the State Post Office, told a briefing by the State Council Information Office on Monday that 150 express shipments can stabilize a person’s employment and create more than 200,000 new jobs each year. He also said that most of the country’s 4 million couriers are from rural areas. During the epidemic, express postal companies opened more than 100,000 jobs and prioritized the poor in poor areas.
Beijing 5G users pass the 5 million mark for the first time
According to the “Beijing Daily” report, the scale of 5G users in Beijing has exceeded 5.06 million. At the same time, Beijing has also achieved full coverage of independent 5G networks. At present, the total number of 5G base stations open in Beijing has exceeded 44,000, and by the end of the year there will be at least 50,000, achieving continuous exterior coverage within the fifth ring and sub-center of the city, and achieving precision in areas. key and typical application scenarios outside the fifth ring. cover.
The Internet penetration rate of minors has reached 99.2%
The “Youth Blue Book: Report on Internet Use by Chinese Minors (2020)”, published jointly by the Institute of Journalism and Communication of the Chinese Academy of Social Sciences, the University of the Chinese Academy of Social Sciences and the Social Science Literary Press on Monday, shows that the Internet penetration rate of minors has reached 99.2%, the age at which minors entered the Internet for the first time continued to decline, and the proportion of people of 10 years or less who started using the Internet reached 78%. The report says that while enjoying the convenience of digital life, some minors continue to depend on electronic products and the Internet, and even become addicted, leading to a host of family problems.
