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(Economic Observation) The Politburo of the CPC Central Committee Issues Three Main Signals from the Study of Economic Labor in 2021
China News Service, Beijing, Dec 11, Cable Caption: The Political Bureau of the CPC Central Committee to Release Three Main Signals from the Study of Economic Labor in 2021
Wang Enbo, reporter for the China News Agency
The Political Bureau of the CPC Central Committee held on the 11th a meeting to analyze and study economic work in 2021. Located at the crossroads of the “13th Five-Year Plan” and the “14th Five-Year Plan” and facing the complex and severe national environment and International, the conference issued three important signals.
Facing challenges and presenting satisfactory answers
In early 2020, the sudden new corona pneumonia epidemic hit a deep hole in the world economy, including China. Coordination of epidemic prevention and control, economic and social development, and repairing the impact of the epidemic has become an important examination throughout the year.
The meeting held that in the face of severe challenges and great difficulties, we maintained strategic determination, accurately judged the situation, planned and deployed carefully, acted decisively, worked hard, and delivered a response that was satisfied by the people and attracted the world’s attention. China has become the only major economy in the world to achieve positive growth. The three great battles have achieved decisive results, significant strides have been made in scientific and technological innovation, further progress has been made in reform and openness, and people’s livelihoods have been effectively guaranteed …
As the closing year of the Thirteenth Five-Year Plan, 2020 will also mark a successful conclusion for China’s economic and social development in the past five years. The meeting noted: After five years of struggle, China’s economic strength, scientific and technological strength, comprehensive national strength, and people’s living standards have risen to a new level, the goal and task of alleviating the Poverty in the new era have been completed on schedule, the victory of building a well-off society in all respects is in sight, and the great renaissance of the Chinese nation is advancing. A new big step has been taken.
China’s economic operation is gradually returning to normal, but the meeting also recalled that “the new corona pneumonia epidemic and the external environment still have many uncertainties. It is necessary to strengthen awareness of opportunities and risks, deploy scientifically, energetically implement and firmly grasp the initiative in economic work. “
Better coordinate development and security
2021 is about to arrive and it is not difficult to see through this Politburo meeting that next year is also very critical.
The meeting made it clear that in the coming year, China’s economy will continue to adhere to the general keynote of “seeking progress while maintaining stability”, and it is required to “consolidate and expand the results of prevention and control of epidemics and economic and social development, and better coordinate development and security. “
In the series of specific tasks assigned by the meeting, the outside world noted that the Political Bureau of the Central Committee emphasized the need to “adhere to the strategy of expanding domestic demand, strengthening strategic support for science and technology, and expanding openness high level”.
Ding Shuang, Chief Economist for Greater China and North Asia at Standard Chartered Bank, predicts that next year China will continue to exert its strengths in the hyperscale market, including increasing the consumer power of the domestic sector, reducing the unequal distribution of social income and the increase in property income of urban and rural residents. . In the “XIV Five-Year Plan” period and beyond, China will promote advances in key technological areas, improve the system to protect intellectual property rights, and emphasize the role of enterprises in innovation, in order to accelerate the elimination of dependence on foreign technology.
Taking reform and innovation as a fundamental driver
In addition to summarizing the achievements and design for the coming year, the meeting also noted that reform and innovation are the fundamental engine.
The meeting proposed to twist the structural reforms on the supply side, while at the same time paying attention to the reforms on the demand side, breaking the blockage points, compensating for deficiencies, linking the links of production, distribution, circulation and consumption. , and form a higher level of supply driven by demand and demand created by supply. Dynamic equilibrium improves the overall efficiency of the national economic system.
The meeting indicated that it is necessary to promote reform and openness as a whole, strengthen the national strategic scientific and technological force, enhance the independent controllability of the industrial chain and supply chain, form a strong domestic market, consolidate the agricultural base, strengthen antitrust and prevent the disorderly expansion of capital, and promote the stable and healthy development of the real estate market. , Continuously improve the quality of the ecological environment.
As usual, after the meeting of the Political Bureau of the Central Committee, the Central Conference of Economic Work will also open. By then, the context of China’s economic work in 2021 will be clearer. (End up)