Market regulation

Put into practice

Macro economy

Experts in the field of finance, agriculture and other fields generally reflected that at present, the economy has maintained steady and rapid growth, the efficiency of enterprises has continued to increase, fiscal revenue has increased substantially, the economic structure has been further optimized, employment and residents' incomes have increased steadily, people's lives have been further improved, and macroeconomic regulation and control is achieving positive results.

However, the environment at home and abroad is still very complex, and the "dilemma" faced by macroeconomic regulation and control is increasing.

The main contradiction in the economic operation is that the pressure of price rise is still greater, the financing of small and medium-sized enterprises is difficult, the contradiction between supply and demand of some SMEs is aggravated, and some enterprises are facing difficulties in production and operation. It is suggested that macroeconomic policies should be basically stable, and macroeconomic policies should be grasped so as to support independent innovation of enterprises, promote merger and reorganization and upgrading of industrial structure, perfect import and export policies, support enterprises' "going out", properly handle the problems of financing platform companies of local governments, and promote the healthy development of the real estate market.

Basic orientation

At the same time, according to the changing situation, we should improve the pertinence, flexibility and foresight of policies, grasp the intensity, rhythm and key points of macroeconomic regulation and control, handle the three relations of maintaining stable and rapid economic development, readjust the economic structure and manage the inflation expectations.

We must persist in implementing a prudent monetary policy and maintain a reasonable growth in the total amount of social financing.

Efforts should be made to optimize the credit structure, raise the level of financial services, and increase credit support for structural adjustment, especially for agriculture and small businesses.

We should improve the framework of macro Prudential policy and make rational use of various monetary policy tools to improve policy pertinence.

Further reform of interest rate marketization and exchange rate formation mechanism should be further promoted.

Strengthen effective monitoring of cross border capital.

Strengthening the supervision of off balance sheet banking activities.

Avoiding the lagging effect of monetary policy and multiple factors will have a great impact on the next stage of the real economy.

We should conscientiously implement the proactive fiscal policy, increase revenue and reduce expenditure, and optimize the expenditure structure.

We should strengthen the supervision of local government debt, continue to standardize local governments' financing platform companies, strictly control the increments, gradually digest the stock, and effectively resolve the debt risks.

According to the principle of classified management and differentiated treatment, we should properly handle debt repayment and subsequent financing of construction projects.