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Li Keqiang: Economic Restructuring Should Be Based On Expanding Domestic Demand.

2010/6/4 9:23:00 12

Clothing

Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and vice premier of the State Council, wrote in the magazine "seeking truth" published in 1, that adjusting the economic structure is not only a long-term strategic task, but also an urgent task at present.

The key to doing well this year's economic work is to correctly handle the relationship between maintaining stable and rapid economic development, adjusting the economic structure and managing inflation expectations.

In the three party relations, adjusting the economic structure is a combination point and breakthrough point, which can play an important role in balancing and regulating.


Li Keqiang pointed out that we should play well.

market mechanism

To adjust the economic structure, we should improve the fiscal and financial systems that are conducive to economic restructuring.

We need to adjust and improve credit policies in a timely manner so as to maintain pressure.

We will continue to deepen the reform of the financial system, further improve the governance structure of state-owned financial enterprises, actively develop small and medium-sized financial institutions, and promote the healthy development of the capital market, especially the bond market.

At the same time, we should further promote the reform of the RMB exchange rate formation mechanism and play a positive role in adjusting the economic structure under the principle of maintaining a basically stable RMB exchange rate at a reasonable and balanced level.

While strengthening financial effective supervision and guarding against financial risks, we should actively and steadily promote financial innovation and continue to improve the currency.

policy

Transmission mechanism.


Li Keqiang pointed out that we should base ourselves on expanding domestic demand and adjusting the structure.

Expanding domestic demand includes expanding investment demand and consumption demand.

We should focus on investment structure.

adjustment

On the other hand, investment will further tilt towards ensuring and improving people's livelihood.

Expanding domestic consumption is the key to expand domestic demand. The fundamental measure is to increase the proportion of residents' income in the distribution of national income and the proportion of labor remuneration in the initial distribution.


To play a good role of market mechanism in economic restructuring, we need to push forward the reform of key areas and key links.

One important aspect is to rationalize the price relationship and improve the price formation mechanism.

At present, promoting the price reform of resource products is of great significance for promoting structural adjustment, resource conservation and environmental protection.

Next, we need to focus on the ladder pricing reform of water, gas, electricity and other resource-based products. We can consider the basic demand level to keep the original price level in general, and consider progressive price increase for the excess use part.


We should further optimize the structure of fiscal expenditure, improve the system of matching between the central and local financial resources and the power of affairs, and promote the coordinated development of urban and rural areas, and the adjustment of the industrial structure.

We should actively and steadily push forward the tax system reform and form a tax system conducive to economic restructuring.

Promoting resource tax reform is an important aspect.

In addition, we should continue to implement more effective tax support policies for the industries encouraged by the state, support enterprises' independent innovation, and promote the development of service industries and strategic emerging industries.

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