Central Fixed Rate Monetary Policy Next Year: From Moderate Easing To Steady

Several major points of the central economic work conference

　　 Hu Jintao, general secretary of the CPC Central Committee, presided over the meeting.

CPC The Political Bureau of the Central Committee Held in December 3rd Meeting We will analyze and study the economic work next year. Hu Jintao, general secretary of the CPC Central Committee, presided over the meeting.

The conference held that since the beginning of this year, China's economic and social development environment has been extremely complex, and all kinds of natural disasters and major challenges are extremely severe. The Party Central Committee and the State Council take the overall situation and make scientific decisions, firmly grasp the initiative in economic work, persist in implementing the package plan to deal with the impact of the international financial crisis, accelerate the transformation of the mode of economic development, accurately grasp the key points, intensity and rhythm of macroeconomic regulation and control, work hard and implement the national economy in an all-round way, achieve rapid growth in the national economy, actively promote structural readjustment, basically stabilize the price level, improve the effectiveness of people's livelihood, consolidate the momentum of economic and social progress, and take a solid step forward in our socialist modernization drive.

The meeting pointed out that China will maintain steady and rapid economic development next year with many favorable conditions, but it will also face many difficulties and challenges. The whole Party and the whole country should enhance the sense of crisis and risk awareness, firmly grasp and make good use of the important strategic opportunities.

The meeting stressed that doing a good job in the work of economic and social development next year is of great significance for the "12th Five-Year" to make a good start and take a good step, and to meet the party's 90th anniversary with excellent results. We should comprehensively implement the spirit of the 17th CPC Central Committee and the seventeen third, fourth and fifth plenary session of the CPC Central Committee, and take the Deng Xiaoping theory and the important thought of "Three Represents" as the guidance, thoroughly implement the Scientific Outlook on Development, correctly grasp the new changes and characteristics of the situation at home and abroad, take the theme of scientific development as the theme, and accelerate the transformation of the mode of economic development as the main line, and implement a proactive fiscal policy. Steady Of monetary policy , enhance Macro-control We should speed up structural adjustment, vigorously strengthen independent innovation, do a good job in energy conservation and emission reduction, deepen reform and opening up, strive to protect and improve people's livelihood, consolidate and expand the response to the impact of the international financial crisis, maintain stable and rapid economic development, and promote social harmony and stability. {page_break}

The meeting pointed out that next year we should continue to strengthen and improve macroeconomic regulation and control, co-ordinate the current and long-term, and grasp the key points, intensity and rhythm of policy implementation. We should solve the outstanding problems and promote the solution of deep-seated contradictions and potential risks, so as to lay a good foundation for long-term development. We should further expand domestic demand, especially consumer demand, strive to increase the income of the middle and low income masses, actively expand the consumption of commodities, vigorously expand the consumption of services, give play to the guiding role of government investment in economic structural adjustment, promote steady growth and structural optimization of social investment, prevent unauthorized paving and blind duplication. We should vigorously promote the construction of modern agriculture, promote stable production and increase production in agriculture, strictly protect arable land, strengthen the construction of water conservancy infrastructure and disaster prevention and reduction capacity, enhance the support role of science and technology, improve the supporting policies for agriculture, and accelerate the development of agricultural informatization, specialization, intensification and industrialization. We should strengthen market protection and price stability, implement the responsibility system of "rice bag" governor and the mayor responsibility system of "vegetable basket", improve the market control plan, and continue to rectify and standardize the market price order. We should vigorously promote industrial restructuring, formulate plans for the development of strategic emerging industries, and strengthen the construction of technological innovation system with enterprise as the main body, market orientation and industry, University and research integration, and promote technological transformation and merger and reorganization of enterprises, and vigorously support the development of small and medium-sized enterprises. We must unswervingly promote the work of energy conservation and emission reduction and climate change, strengthen the construction of key energy conservation and environmental protection projects, further promote circular economy, implement the goal of controlling greenhouse gas emissions and strengthen international cooperation in coping with climate change. We must steadily raise the level of the open economy, stabilize the foreign trade policy, promote steady growth of foreign trade, actively expand imports, optimize the structure of utilizing foreign capital, and thoroughly implement the strategy of "going global". We should improve the coordination of regional development, increase support for old revolutionary base areas, ethnic minority areas, border areas and poverty-stricken areas, actively promote the construction of main functional areas, and actively and steadily promote urbanization. Efforts should be made to push forward the reform of key areas and key links, actively promote the reform of fiscal, taxation, financial and investment systems, deepen rural reform, and do a good job in the pilot work of comprehensive supporting reforms. We should vigorously protect and improve people's livelihood, adhere to a more active employment policy, promote balanced development of education, strengthen the construction of weak links in social security, basically accomplish the 3 year key tasks of the reform of the medical and health system, continue to deepen the reform of the cultural system, vigorously promote the development of cultural prosperity, increase the construction of affordable housing projects, do a good job in post disaster recovery and reconstruction work, do a good job in safety production and strengthen social management.

Other matters were also discussed.