Local economic stabilization measures continue to release their effectiveness.
In August, the economic recovery trend in Jiangsu Province was significantly enhanced. Compared with last month, the growth rates of industry, service industry, investment and consumption all showed an upward trend. From January to August, the industrial added value, investment in fixed assets and total retail sales of social consumer goods in Jiangxi Province increased by 7.3%, 8.5% and 5.6% respectively, which were higher than the national average … … The economic "transcripts" handed over by many places recently show that the economy continues to recover.
However, some places also said that the current external situation is still complicated and severe, domestic economic recovery still faces many difficulties and challenges, and the foundation for sustained economic recovery still needs to be strengthened.
How to stabilize the economy? The recent the State Council executive meeting intensively deployed this, emphasizing that "while implementing the package policy of stabilizing the economy, 19 successive policies will be implemented to form a combined effect, so as to promote the economic stabilization and keep the operation in a reasonable range". Streamline administration, delegate power, strengthen regulation and improve services ’ The reform measures will further promote the effectiveness of the package policy of stabilizing the economy, refine the implementation policy, and implement the detailed rules in early September. ""All localities should shoulder the responsibility of stabilizing the economy and protecting people’s livelihood, and provinces with large economies should take the lead and work together to consolidate the foundation of economic stability and promote stability. "
From Jiangxi’s promulgation of "Several Successive Measures to Effectively Stabilize Economic Development" to Gansu’s formation of 24 policies and measures to stabilize the economy, and then to Shanghai’s emphasis on implementing a new round of national and municipal policies … … At present, while implementing the national macro-policies, all localities have further enriched the policy toolbox around areas such as expanding effective demand and stabilizing market players to protect people’s livelihood, so as to ensure the sustained release of policy effects.
— — Give play to the key role of effective investment
On September 22nd, the construction of Huaihong Xinhe Irrigation District in Anhui Province started with a total investment of 10.4 billion yuan. So far, all the six new large-scale irrigation projects promoted by the State Council this year have started. On September 21st, the centralized commencement of major water conservancy projects in Hubei Province was held at the site of the second phase of water resources allocation project in northern Hubei. The total investment of 19 projects started this time is 27.48 billion yuan, which will promote the construction of Hubei as the first batch of provincial water network pilot areas in China.
Expanding effective investment is a key link in the policies and measures to stabilize the economy in various places. For example, Henan proposed that, in order to make full use of the economic stabilization package and the dividends from the following policies and measures, seize the key period and fight for the red throughout the year, we will focus on tackling key problems in important economic stabilization projects. Give play to the key role of effective investment in stabilizing the economic market, realize the annual growth of fixed assets investment by more than 10%, complete 2.8 trillion yuan, and strive to achieve an economic growth rate of more than 5.5% in the second half of the year, and the annual economic aggregate exceeds 6.3 trillion yuan.
Jiangxi said that it will seize the policy-oriented development financial instruments and special bonds to increase the scale, expand the opportunities in the field, strengthen the project to sort out the reserves, accelerate the preliminary work of the project, win more support from the state, and ensure that the first batch of contracted projects will start construction before the third quarter. According to the principle of "landing, solid support and quick results", we will implement the "four major actions" of urban shantytown renovation, "big traffic" construction, rail transit in Nanchang metropolitan area and infrastructure construction in water conservancy, with a total investment of over 1 trillion yuan.
— — Promote the accelerated recovery of the consumer market
In Jiujiang City, northern Jiangxi Province, an online launching ceremony was held a few days ago for the Jiujiang Branch of the 2022 Jiangxi "Hundred Cities and Hundred Nights" Cultural and Tourism Consumption Season. During the event, nearly 100 supporting activities such as non-legacy shopping festival, camping music festival and food carnival will be held in counties (cities, districts) of Jiujiang City. According to the relevant staff of Jiujiang Wenguang New Tourism Bureau, the local government takes the creation of a national-level night cultural tourism consumption gathering area and a provincial-level cultural tourism consumption pilot city as the starting point, and actively cultivates a night consumption industrial system integrating night sightseeing and recreation, special catering, fashion shopping, cultural performances, fitness and entertainment, and immersion experience to further tap the consumption potential of domestic demand.
In order to further accelerate the recovery of consumption, many places have made great efforts in promoting mass consumption and promoting the recovery of service industry. For example, Jiangxi emphasizes that it will continue to implement the vehicle purchase tax exemption policy for new energy vehicles and encourage new energy vehicles, smart home appliances and green building the countryside. Fully activate the consumption of business travel, continue to implement various policies to promote consumption, and study and introduce policies and measures to support the recovery and development of catering and accommodation industries.
With the main promotion activities as the carrier, key consumption season activities will also appear one after another. Gansu proposed to organize a three-month key consumption season of "Enjoy Consumption and Buy Longyuan" in combination with the consumption promotion activities such as "2022 International Consumption Season", "100-city Linkage Automobile Consumption Season" and "National Household Appliances Consumption Season" organized by the Ministry of Commerce. Hainan proposed to issue 50 million yuan travel vouchers to tourists outside the province and 100 million yuan vouchers to residents in the province.
— — Boost the development confidence of market players
The key to stabilizing the economy lies in protecting market players. Many places have made great efforts to grasp the important window period and opportunity period of economic recovery, and made every effort to solve outstanding problems such as insufficient demand, weak confidence and weak expectations in the current economic operation, and adopted various measures to stimulate the vitality of market players and enhance market confidence.
Shanghai said that it is necessary to implement a new round of policies of the state and the city on the basis of the previous implementation of the policy of helping enterprises to bail out difficulties, increase financial subsidies, tax relief, rent relief and other support, and take out real money to boost corporate confidence. Focus on all kinds of problems that affect economic development, find out the bottlenecks faced by enterprises in time, and study targeted measures in time.
Gansu has put forward a series of preferential policies for market players, such as delaying payment, reducing financing costs, reducing taxes and fees, dissolving arrears of debts, increasing incentives and support for scientific and technological innovation, optimizing market supervision, and promoting employment and entrepreneurship, so as to help market players resume development.
"From the perspective of local measures to stabilize the economy, the key point is to boost consumer demand, expand effective investment, and support the promotion of infrastructure in the fields of energy, water conservancy and transportation with greater efforts, especially the construction and implementation of major projects such as new energy and new infrastructure. In addition, comprehensively adopt fiscal and taxation financial means such as tax reduction and exemption, increasing financial subsidies and expanding credit supply to solve the pain points and difficulties of industrial development, further increase the efforts to help enterprises bail out, and enhance the vitality and development confidence of market players. " Sun Chuanwang, a professor at the School of Economics of Xiamen University, told the Economic Information Daily.