National Development and Reform Commission: expansion of domestic demand portfolio policy after the two sessions

On the 6th, a press conference was held at the First Session of the 12th National People's Congress. Zhang Ping, director of the National Development and Reform Commission, answered questions from reporters on issues related to economic and social development and macroeconomic regulation. Zhang Ping said that this year's expansion of domestic demand will focus on consumption and investment.
On the 6th, a press conference was held at a meeting of the 12th National People's Congress. Zhang Ping, director of the National Development and Reform Commission, answered questions from reporters on issues related to "economic and social development and macroeconomic regulation and control." Zhang Ping said that this year's expansion of domestic demand will focus on two major points of consumption and investment.

The "Economic Information Daily" reporter learned from the authoritative department that the combined policy of promoting consumption and investment will be launched after the two sessions.

Zhang Ping said, "There are two aspects to expanding domestic demand this year. One is to play a fundamental role in driving economic growth, and the other is to play a key role in investment-driven economic growth." He said that the demand structure has changed in the past two years. Consumption drives the economy more than investment.

As exports from the domestic economy “Troika” are slowing, expanding consumption and investment has become a key area for promoting stable economic growth. The contribution rates of consumption and investment to economic growth last year were 51.8% and 50.4%, respectively, and consumption exceeded investment. Zhang Ping said that Premier Wen Jiabao stated in the government work report that "expanding household consumption should improve efforts on consumption, stabilize consumption expectations, enhance consumer willingness, and improve the consumption environment." These four sentences are measures to be taken this year. Do a good job.

Zhang Ping also said that "investment also plays a key role in stimulating economic growth. At present, there is still a lot of room for investment. The key is to choose the investment direction and optimize the investment structure. Industrialization, urbanization, informationization, and agricultural modernization. Still in the process of deepening the country, the country still has a lot of investment needs."

Representatives of the two associations said that expanding consumption should start from potential regions and industries and increase the level and scale of consumption.

Qin Boyong, a member of the National Committee of the Chinese People's Political Consultative Conference and deputy governor of Hebei Province, said that rural residents have a large gap with urban residents regardless of the amount of consumption expenditure or the quality of consumption. Rural residents, who account for about 60% of the total population of Hebei, consume only about 30% of their goods. In his proposal, he proposed to build a low-carbon consumption model to promote the growth of consumer demand; increase the income level of farmers, enhance the purchasing power of residents; improve the rural public goods supply system, eliminate the worries of farmers to increase consumption; establish and improve the rural consumer credit system, Meet the different levels of consumer demand in the rural market.

The proposal of the Central Committee of the Agricultural and Labor Party recommended actively developing industries such as health and leisure tourism to stimulate a new round of domestic demand growth. The proposal believes that the health industry is a complex industry that radiates and drives the industry, attracts more people, and drives consumption. According to research by the China Academy of Science and Technology Strategy, by 2020, China's biomedical industry alone will form a pillar industry of about 8 trillion yuan, and the market potential of the entire health industry will reach 10 trillion yuan.

Many deputies said that in addition to government investment, they must also promote private investment through relevant policies.

Jia Kang (microblogging), member of the National Committee of the Chinese People's Political Consultative Conference and director of the Finance Department of the Ministry of Finance, proposed in the proposal that the environmental protection enterprises should reduce the income tax by 15%, and the production and operation of pollution treatment enterprises such as sewage treatment and garbage disposal. The property tax and urban land use tax on the occupied land are exempted. The reporter was informed that before the two sessions, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Commerce and the Ministry of Industry and Information Technology and other departments intensively researched and planned to expand the domestic demand series policy this year. According to reports, after the two sessions, the relevant state departments will launch a series of policies and measures to promote consumption and investment, including: financial subsidies for energy-saving and environmentally friendly products, increase the approval of major infrastructure projects for people's livelihood, and monitor the expansion of domestic demand. Land use protection, increase structural tax reduction efforts, etc.

In the next stage, the financial subsidy policy similar to “home appliances going to the countryside” and “old-for-new” will cover energy-saving products and rural markets. "The new policy is mainly aimed at financial subsidies for energy-saving and environmentally friendly products and the establishment of waste recycling systems. Home appliances to the countryside, trade-in, energy-saving and benefiting the people are three stimulus policies implemented in the home appliance industry in recent years, which will stimulate domestic demand and promote industrial upgrading. Positive role." Experts from the Taxation Institute of the State Administration of Taxation said.

Jiang Zengwei, member of the National Committee of the Chinese People's Political Consultative Conference and vice minister of the Ministry of Commerce, said in an exclusive interview with the Economic Information Daily that the Ministry of Commerce will focus on promoting online shopping this year, which will focus on the construction of online shopping platforms, promote marketing models, and promote online Under the three aspects of the promotion. In terms of specific support policies, the Ministry of Commerce's ideas are still promoted by market-based means, and a number of e-commerce industries and service standards are being developed.

It is understood that the Ministry of Commerce will promptly study and formulate policies to replace the "home appliances to the countryside" and "old-for-new" policies, and study the consumption support policies for energy-saving and environmentally-friendly products.

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