central economic work conference held in beijing

Xi Jinping and Li Keqiang made an important speech

Li Zhanshu, Wang Yang, Wang Huning, Zhao Leji, Han Zheng Attended the Meeting

Xinhua News Agency, Beijing, December 18. The Central Economic Work Conference was held in Beijing from December 16 to 18. Xi Jinping, General Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, and Li Zhanshu, Wang Yang, Wang Huning, Zhao Leji, and Han Zheng, members of the Standing Committee of the Political Bureau of the CPC Central Committee, attended the meeting.

From December 16 to 18, the Central Economic Work Conference was held in Beijing. Xi Jinping, General Secretary of the CPC Central Committee, President of the People's Republic of China and Chairman of the Central Military Commission, delivered an important speech. Photo by Xinhua News Agency reporter Huang Jingwen

Xi Jinping delivered an important speech at the meeting, summarizing the economic work in 2020, analyzing the current economic situation and deploying the economic work in 2021. In his speech, Li Keqiang made specific arrangements for next year's economic work and made a concluding speech.

The meeting held that this year is an extraordinary year in the history of New China. In the face of the severe and complex international situation, the arduous and onerous tasks of domestic reform, development and stability, and especially the severe impact of the new coronary pneumonia epidemic, we have maintained our strategic determination, accurately judged the situation, carefully planned and deployed, acted decisively, made painstaking efforts, and delivered an answer that is satisfactory to the people, the world's attention and can be recorded in the annals of history. China has become the only major economy in the world to achieve positive economic growth, with decisive achievements in the three major battles, significant progress in scientific and technological innovation, important breakthroughs in reform and opening up, and strong protection of people's livelihood. These achievements have not come easily and have gone through difficulties and obstacles. They are the result of the strong leadership of the Party Central Committee with Comrade Xi Jinping at the core, and the result of the unity and struggle of the entire party, the entire army and the people of all ethnic groups.

The meeting pointed out that this year is the "13th Five-Year Plan" closing year. After five years of continuous struggle, China's economic and social development has made new historic achievements, and the main objectives and tasks of the 13th five-year Plan are about to be completed. China's economic strength, scientific and technological strength, comprehensive national strength and people's living standards have leapt to a new level. Victory in building a moderately prosperous society in an all-round way is in sight, and the great rejuvenation of the Chinese nation has taken a new step forward.

The meeting stressed that, in the practice of coordinating domestic and international situations, epidemic prevention and control and economic and social development, we have deepened our understanding of the regularity of economic work under severe challenges: the authority of the Party Central Committee is the fundamental reliance of the entire Party and the people of all ethnic groups in the country in times of crisis; the supremacy of the people is the fundamental prerequisite for making the right choice. As long as you always have the people in your heart and always put the people's interests in the highest position, you will be able to make the right decision, determine the best path, and rely on the people to overcome all difficulties and obstacles; institutional advantage is the formation The fundamental guarantee for the majestic power to overcome the difficulties, as long as the "four self-confidence" is firm, adhere to the institutional advantage of concentrating on, it will surely enable the whole party and the people of all ethnic groups to unite closely, and give full play to the powerful energy of overcoming difficulties and promoting the development of the cause; scientific decision-making and creative response are the fundamental methods to turn crises into opportunities, as long as accurate knowledge of change, scientific response, and initiative Seeking change will surely create great opportunities in fighting big risks; scientific and technological self-reliance is the fundamental support for promoting the overall development, as long as we uphold the spirit of science, grasp the laws of science, and vigorously promote independent innovation, we will certainly be able to build national development on a safer and more reliable foundation.

The meeting pointed out that while affirming the achievements, we must be soberly aware that there are many uncertainties in the changes in the epidemic and the external environment, and that the foundation for China's economic recovery is not yet solid. Next year, the world economic situation will remain complex and severe, the recovery will be unstable and uneven, and the various derivative risks caused by the impact of the epidemic cannot be ignored. We should enhance our sense of hardship, strengthen our confidence in winning, and promote sustained economic recovery and high-quality development. We should do our own business well, adhere to the bottom line thinking, improve the ability of risk foresight and prediction, and strictly guard against various risk challenges. We should continue to hold high the banner of multilateralism, actively participate in the reform and improvement of global governance, and promote the building of a community of human destiny.

The meeting stressed that next year is a year of special importance in the process of China's modernization. To do a good job in next year's economic work, we must be guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 19th National Congress of the Communist Party of China and the Second, Third, Fourth, and Fifth Plenary Sessions of the 19th Central Committee, and adhere to the general work of seeking progress while maintaining stability. Tone, based on the new development stage, implement the new development concept, build a new development pattern, promote high-quality development as the theme, deepen supply-side structural reform as the main line, and innovation as the fundamental driving force, with the fundamental purpose of meeting the people's growing needs for a better life, adhere to the concept of system, consolidate and expand the achievements of epidemic prevention and control and economic and social development, better coordinate development and security, do a solid job in the "six stability" work, fully implement the "six protection" tasks, implement macro policies scientifically and accurately, strive to maintain economic operation within a reasonable range, adhere to the strategy of expanding domestic demand, strengthen scientific and technological strategic support, and high-level opening up, and ensure a good start to the "14th five-year plan" and celebrate the 100 founding anniversary of the party with outstanding achievements.

The meeting pointed out that next year's macro policy should maintain continuity, stability and sustainability. It is necessary to continue to implement a proactive fiscal policy and a prudent monetary policy, maintain the necessary support for economic recovery, be more precise and effective in policy operations, do not make sharp turns, and grasp the effectiveness of the policy. It is necessary to make good use of the precious time window, concentrate on promoting reform and innovation, and make a good start for the 14th five-year Plan with high-quality development. Proactive fiscal policy should improve quality, efficiency, and be more sustainable, maintain a moderate expenditure intensity, enhance the financial security of major national strategic tasks, take the initiative in promoting scientific and technological innovation, speeding up economic restructuring, and regulating income distribution. Party and government organs should persist in living a tight life in the work of resolving the hidden debt risks of local governments. A prudent monetary policy should be flexible, accurate, reasonable and moderate, keep the growth rate of money supply and social financing scale basically matching the nominal economic growth rate, keep the macro leverage ratio basically stable, properly handle the relationship between economic recovery and risk prevention, supplement bank capital through multiple channels, improve the legal system of the bond market, increase financial support for scientific and technological innovation, small and micro enterprises and green development, and deepen the market-oriented reform of interest rate and exchange rate, maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.

The meeting requested that the construction of a new development pattern should take the first step next year and see a new atmosphere. To speed up the construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other, we should firmly grasp the main line of supply-side structural reform, pay attention to demand-side management, break through the blocking points, make up for the shortcomings, and connect the links of production, distribution, circulation and consumption, so as to form a higher level of dynamic balance between demand pulling supply and supply creating demand, and enhance the overall efficiency of the national economic system. We should pay more attention to deepening reform and opening up to enhance the endogenous driving force of development, and make efforts to achieve results on some key points, so as to affect the whole body.

The meeting determined that the following key tasks should be grasped next year.

One is to strengthen the national strategic scientific and technological strength. We should give full play to the role of the state as the organizer of major scientific and technological innovation, adhere to the strategic demand orientation, determine the direction and focus of scientific and technological innovation, and strive to solve major problems restricting national development and security. It is necessary to give full play to the advantages of the new national system, give full play to the role of the national team of important colleges and universities, and promote the optimal allocation of scientific research forces and the sharing of resources. It is necessary to promptly formulate and implement a ten-year action plan for basic research, focus on the layout of a number of basic discipline research centers, and support the construction of international and regional scientific and technological innovation centers in places where conditions permit. It is necessary to give full play to the main role of enterprises in scientific and technological innovation, support leading enterprises to form innovation consortia, and promote the innovation activities of small and medium-sized enterprises. International scientific and technological exchanges and cooperation should be strengthened. It is necessary to speed up the training of domestic talents so that more young talents can stand out. It is necessary to improve the incentive mechanism and the science and technology evaluation mechanism, and implement the mechanism of "unveiling the list of leaders" and other mechanisms for tackling key problems. It is necessary to standardize scientific and technological ethics, establish a good style of study and style of work, and guide scientific research personnel to concentrate on their work and make solid progress.

The second is to enhance the independent and controllable ability of the industrial chain supply chain. The security and stability of the industrial chain supply chain is the basis for building a new development pattern. It is necessary to coordinate the promotion of making up for shortcomings and forging long boards, implement key core technology research projects in response to weak links in the industry, solve a number of "stuck necks" problems as soon as possible, and work hard in areas of industrial advantages to develop more unique skills. It is necessary to implement the industrial foundation reengineering project and lay a solid foundation for basic components, basic processes, and key basic materials. To strengthen the top-level design, application traction, the whole machine drive, strengthen the supply of common technology, in-depth implementation of quality improvement action.

The third is to adhere to the strategic basis of expanding domestic demand. The formation of a strong domestic market is an important support for building a new development pattern, and effective institutional arrangements must be made in rationally guiding consumption, savings, and investment. The most fundamental thing to expand consumption is to promote employment, improve social security, optimize the structure of income distribution, expand middle-income groups, and solidly promote common prosperity. It is necessary to combine the expansion of consumption with the improvement of people's quality of life. Orderly abolition of some administrative restrictions on consumer purchases, to fully tap the consumption potential of counties and townships. It is necessary to improve the vocational and technical education system and achieve fuller and higher quality employment. It is necessary to reasonably increase public consumption and improve the efficiency of public service expenditures such as education, medical care, pensions, and childcare. To enhance the investment growth momentum, continue to play a key role. We should give full play to the guiding and leveraging role of investment in the central budget in areas with strong spillover and high social benefits. Stimulate the investment vitality of the whole society. We should vigorously develop the digital economy and increase investment in new infrastructure. It is necessary to expand investment in the upgrading of manufacturing equipment and technological transformation. It is necessary to implement urban renewal actions, promote the transformation of old urban communities, and build a modern logistics system. It is necessary to strengthen unified planning and macro guidance, coordinate the industrial layout, and avoid repeated construction of emerging industries.

Fourth, comprehensively promote reform and opening up. To build a new development pattern, we must build a high-level socialist market economic system, implement a high-level opening to the outside world, and promote the mutual promotion of reform and opening up. We should improve macroeconomic governance and strengthen international macroeconomic policy coordination. It is necessary to thoroughly implement the three-year reform of state-owned enterprises, optimize the development environment of the private economy, improve the modern enterprise system, improve corporate governance, and stimulate the vitality of various market entities. It is necessary to relax market access, promote fair competition, protect intellectual property rights, build a unified market, and create a market-oriented, legalized, and international business environment. It is necessary to improve the governance of financial institutions, promote the healthy development of the capital market, improve the quality of listed companies, and combat all kinds of debt evasion. We should standardize the development of the third pillar pension insurance. Actively consider joining the Comprehensive and Progressive Trans-Pacific Partnership Agreement. It is necessary to vigorously improve the domestic regulatory capacity and level, improve the security review mechanism, and attach importance to the use of internationally accepted rules to safeguard national security.

Fifth, solve the problem of seeds and arable land. The key to ensuring food security lies in implementing the strategy of storing food in the ground and storing food in technology. It is necessary to strengthen the protection and utilization of germplasm resources and strengthen the construction of seed banks. It is necessary to respect science, strictly supervise, and promote the industrial application of biological breeding in an orderly manner. To carry out the seed source "stuck neck" technology research, determined to fight a seed industry turnaround. It is necessary to firmly hold the red line of 1.8 billion mu of arable land, resolutely curb the "non-agriculturalization" of arable land, prevent "non-grain", and standardize the balance of arable land occupation and compensation. It is necessary to build a national food security industrial belt, strengthen the construction of high-standard farmland, strengthen the construction of farmland water conservancy, and implement the national black land protection project. It is necessary to improve the supply and security capacity of grain and important agricultural and sideline products. It is necessary to strengthen the control of agricultural non-point source pollution.

Sixth, strengthen anti-monopoly and prevent disorderly expansion of capital. Anti-monopoly and anti-unfair competition are the inherent requirements for improving the socialist market economic system and promoting high-quality development. The state supports the innovation and development of platform enterprises, enhances international competitiveness, and supports the common development of the public and non-public sectors of the economy. At the same time, it must regulate development in accordance with the law and improve digital rules. It is necessary to improve the legal norms of platform enterprise monopoly identification, data collection and use management, and consumer rights protection. It is necessary to strengthen regulation, improve regulatory capacity, and resolutely oppose monopoly and unfair competition. Financial innovation must be carried out under the premise of prudential supervision.

Seven is to solve the outstanding problem of housing in big cities. Housing issues are related to people's well-being. We must adhere to the positioning that the house is for living, not for speculation, and take measures in accordance with local conditions and multiple strategies to promote the stable and healthy development of the real estate market. We must attach great importance to the construction of affordable rental housing, accelerate the improvement of long-term rental housing policies, gradually make rental and purchase housing have the same rights in enjoying public services, and standardize the development of the long-term rental housing market. Land supply should be tilted towards the construction of rental housing, separate land use plans for rental housing, explore the use of collective construction land and idle land owned by enterprises and institutions to build rental housing, and both state-owned and private enterprises should play a functional role. It is necessary to reduce the tax burden on rental housing, rectify the order of the rental market, standardize market behavior, and rationally regulate and control the level of rent.

Eight is to do a good job of carbon peak, carbon neutral work. China's carbon dioxide emissions will strive to reach a peak before 2030 and achieve carbon neutrality before 2060. We should promptly formulate an action plan for carbon emissions to reach the peak by 2030, and support places with conditions to take the lead in reaching the peak. It is necessary to speed up the adjustment and optimization of the industrial structure and energy structure, promote the peak of coal consumption as soon as possible, vigorously develop new energy, speed up the construction of a national trading market for energy use rights and carbon emissions, and improve the dual control system for energy consumption. We should continue to fight the battle of pollution prevention and control, and realize the synergistic effect of reducing carbon pollution. It is necessary to carry out large-scale land greening operations to enhance the carbon sink capacity of the ecosystem.

The meeting pointed out that after several generations of consistent and continuous struggle, my country is about to build a well-off society in an all-round way. This is the starting point for a new life and a new struggle, and we must continue to work hard. We should consolidate and expand the achievements of poverty alleviation and resolutely prevent the phenomenon of large-scale return to poverty. To do a good job with the rural revitalization of the effective convergence, to help the policy to maintain overall stability, classification adjustment and optimization, leaving enough policy transition period.

The meeting stressed the need to promote economic operation in a reasonable range, continue to do a good job of "six stability" and "six protection" work, reasonably grasp the pace and intensity of macro-control, accurate and effective implementation of macro-policies. We should continue to stimulate the vitality of market players, improve tax and fee reduction policies, strengthen inclusive financial services, and make greater efforts to promote reform and innovation, so that market players, especially small, medium and micro enterprises and individual industrial and commercial households, can increase their vitality. We should rely on innovation to improve the development level of the real economy and promote the high-quality development of the manufacturing industry. It is necessary to fully tap the potential of the domestic market, expand consumption and effective investment guided by improving people's livelihood, improve mechanisms and policies to support the participation of social capital, pay more attention to the shortcomings of people's livelihood infrastructure, and promote new urbanization and coordinated regional development. We should comprehensively promote rural revitalization, do a good job in agricultural production, and promote rural reform and rural construction. We should deepen the reform of key areas and key links, promote the reform of "management and service", and constantly optimize the business environment. It is necessary to strengthen the prevention and control of pollution and continuously improve the quality of the ecological environment. We must do a good job in ensuring basic people's livelihood, promote multi-channel employment for key groups, and continuously improve people's lives.

The meeting pointed out that to adapt to the new development stage, implement the new development concept, and build a new development pattern, it is necessary to strengthen the party's overall leadership, be good at observing and analyzing economic and social issues from a political perspective, and work hard to implement the Party Central Committee's decision-making and deployment in all aspects of economic work. Supervision, supervision and other work should be carried out in a standardized manner and pragmatic. Leading cadres at all levels should improve their professional ability and strive to become experts in leading the construction of a new development pattern. It is necessary to enhance the sense of urgency of making up lessons and charging, and consciously catch up with the trend of the times. We must do a good job in the two major issues of development and safety, effectively prevent and resolve various economic and social risks, attach great importance to safe production and disaster prevention and mitigation, and resolutely prevent the occurrence of major accidents. We should continue to deepen social governance and crack down on all kinds of illegal and criminal activities. Epidemic prevention and control should not relax to grasp the "external anti-import, internal anti-rebound" work, strictly guard against, to ensure that there is no large-scale input and rebound. It is necessary to arrange the "two sections" market supply, ensure the basic people's livelihood, and do a good job in the work of the needy groups.

The meeting called on all comrades in the party to unite closely around the Party Central Committee with Comrade Xi Jinping at the core, work together, forge ahead, and greet the 100 anniversary of the founding of the party with outstanding results, in order to build a modern socialist country in an all-round way and realize the Chinese dream of the great rejuvenation of the Chinese nation. Unremitting struggle.

Members of the Political Bureau and Secretariat of the CPC Central Committee, relevant leading comrades of the Standing Committee of the National People's Congress, state councilors, president of the Supreme People's Court, procurator general of the Supreme People's Procuratorate, relevant leading comrades of the CPPCC National Committee and members of the Central Military Commission attended the meeting.

The main responsible comrades of the party and government of all provinces, autonomous regions, municipalities directly under the Central Government, cities under separate state planning, and the Xinjiang Production and Construction Corps, relevant departments of the central and state organs, relevant people's organizations, some financial institutions and enterprises managed by the central government, and the main responsible comrades of various departments of the Central Military Commission attended the meeting.