State Department: control the trend of real estate to promote stability in the stock market

According to China Central Television news network reported today, the State Council in Beijing Municipal People's Government and provinces and autonomous regions of the State Council department responsible for the comrades of the main meeting. Premier Wen Jiabao delivered an important speech. He pointed out that in response to the international financial crisis on China's economy brought about by the adverse effects of the CPC Central Committee and State Council recently decided to implement a proactive fiscal policy and moderate monetary policy, the introduction of more effective economic development policies and measures. All localities and departments should conscientiously implement the central decision-making and deployment, do a solid job in all work and strive to maintain stable and rapid economic development.

Wen Jiabao pointed out that in the current grim situation at home and abroad, and maintain stable and rapid economic development, to prevent big ups and downs, is our priority. To this end, is the practice of implementing the scientific concept of development and concrete manifestation of the fundamental requirements for maintaining social harmony and stability of the foundation and basic security is not only our own development needs, but also the world's biggest contribution to the economy. At present, China is still in an important period of strategic opportunity, and economic development of China's ability to withstand risks and strong vitality, we are fully confident, and able to overcome the difficulties.

Wen Jiabao pointed out that the introduction of a central expanding domestic demand to promote economic growth in the 10 measures for overcoming the current difficulties and maintain long-term development is of great significance. The implementation of these measures, the total requirement is that anything faster, to re-punching, steps should be accurate, it should work. "Fast" is to sell quickly, race against time, not waste time; "heavy" is to firmly implement effective measures to fundamentally reverse the downward trend in economic growth too quickly; "associate" is to seize the key, key to Played an immediate effect; "real" is to pay attention to implementation.

Wen Jiabao deployed to implement the central policies and measures of the seven:

(A) increased investment and optimize the investment structure. Ten out of the Central, with four categories: speed up the implementation of major projects to the people's livelihood; to speed up construction of major infrastructure construction projects; as soon as possible to start a group in favor of enhancing economic development potential of large-scale projects; make greater efforts to support the adjustment and optimization of industrial structure The key project to upgrade the building. The implementation of these measures to strengthen the management of major investment, the study demonstrated the feasibility of doing a good job seriously and improve the quality and efficiency of investment. To strengthen the autonomy of the market to encourage investment and guidance, support and guide the Government to encourage private capital investment projects and in line with the national industrial policy in the field, the broad participation of various people's livelihood, infrastructure and ecological environment construction, the guiding role of government investment and private investment to play Combine enthusiasm.

(B) efforts to expand consumption demand in particular consumer demand. We should expand consumption and improve income distribution policies, combined with the expansion of employment, combined with the development of the service sector. The most important thing is to do everything possible to increase incomes and improve the consumption power. Make greater efforts to adjust the distribution pattern of national income, increase the proportion of low-and middle-income residents. Efforts to eliminate the constraints of consumption and policy barriers, improve people's consumption is expected to guide and promote the residents and expand consumer demand.

(C) to promote stable and healthy development of the real estate market. The real estate industry is an important pillar of the national economy, industry, the driving iron and steel, building materials and household goods such as household electrical appliance industry played a significant role in the financial sector stability and development for the promotion of the consumption structure upgrading, plays an important role in improving people's livelihood. It is necessary to seriously study and analysis of the real estate market situation, the right guidance and control real estate trends. To increase the low-rent rooms, affordable housing, such as the protection of housing investment and acquisition of development and construction; to promote and improve the implementation of the reasonable consumption of housing policies and measures; the promotion of small and medium-sized units, in the ordinary low and stable development of real estate development and construction; speed up the development of second-hand housing market and Housing rental market. Continue to reorganize the real estate market order and standardize market transactions.
(D) efforts to maintain stable export growth. Comprehensive use of export tax rebates, foreign trade development fund, discount, and other financial policies and measures to support their own brands, products and core technologies of large agricultural equipment and textile machinery, and other competitive labor-intensive exports. Speed up the implementation of the export market diversification strategy. Actively expand domestic needs advanced technology, equipment, key parts and components imports of raw materials and energy, the increase in the important strategic reserves.

(E) focus on improving the quality and market competitiveness. Maintain steady and rapid economic development, the most fundamental thing is to stimulate the vitality of the enterprise, to promote enterprise development. All types of enterprises suffering skills and speed up innovation, optimize product mix, improve product quality and enhance the ability to open up markets, increase market competitiveness. The macro-economic policies should be conducive to the development of enterprises, from taxation, finance, trade, industry, in areas such as fees, a variety of policies and measures to actively promote corporate mergers and acquisitions, to support the development of enterprises, especially small and medium enterprises.

(F) do a good job of the monetary and financial work. Improve financial regulation and control, comprehensive use of a variety of policy instruments to maintain a reasonable growth of monetary credit. Banking, securities, insurance industry must increase its support for economic growth, and effectively meet the real economy of the reasonable demand for financial services. To promote stable and healthy development of the stock market. Various types of financial firms to strengthen the basis of management, internal control and risk prevention; should strengthen financial supervision, improve the regulatory system and coordinating mechanism to effectively guard against financial risks, ensuring the financial security of our country. Great efforts to increase revenue and reduce expenditure to carry out financial work. Strengthening tax collection and management in accordance with the law, adjust and optimize the structure of financial expenditure, increase its economic and social development to support the weak link, to strictly control general expenditure.

(Vii) to actively promote and focus on key areas of reform. Full implementation of the VAT reform and transition; seize the favorable opportunity to further rationalize the oil and natural gas pricing mechanism; speed up the medical and health system, reform the organization well, pay close attention to the introduction of specific policies; to further transform government functions and improve efficiency .

Premier Wen Jiabao to do a good job on the current economic work to make three requests. I want to unify our thinking, strengthen our confidence. All localities and departments to fully implement the Party's 17 large and 17 Third Plenary Session of the spirit of practical thinking and understanding into line with the central economic situation at home and abroad for analysis to determine up, the reunification of the central policies and arrangements, into the scientific concept of development Line with the demands. We should strive to play a central initiative, local governments at all levels should give full play to their initiative and creativity; it is necessary to give full play to the country in response to the crisis in the leading role, but also to effectively stimulate and mobilize the initiative of the enterprises; it is necessary to strengthen macro-control The flexibility of targeting, effectiveness, but also give full play to the market in resource allocation to the basic role. Second, it is necessary to strengthen coordination, implement the plan, set by the central authorities to promote stable and rapid economic development policies and measures put in place as soon as possible, to establish the working mechanism, a clear responsibility to form a concerted effort to strengthen the supervision and effectively grasp results. To strengthen investment and financial supervision and management to enhance the transparency of the work to ensure good use of the funds, effective play. Third, it is necessary to change style, and do solid work. Leading cadres at all levels to the actual in-depth investigations and studies, and found to keenly grasp the trends, symptoms of the problem, concerned about the hot and difficult issues, study and solve.

Vice Premier Li presided over the meeting, Vice Premier Hui Liangyu, Zhang, Wang, State Councilor Liu, Ma Kai, Meng, Dai Bingguo attended the meeting.