The economy achieved a "good start" in the first quarter. How can we continue to consolidate the recovery and positive trend in the future? In the face of complex and severe external challenges, how can we do our own business well? The meeting of the Political Bureau of the CPC Central Committee held a few days ago took "coordinating domestic economic work and international economic and trade struggle" as an important response strategy and made arrangements.
This is based on a calm judgment on the complex and volatile economic situation. The unilateralism and bullying behavior of the United States in abuse of tariffs have caused the global industrial chain and supply chain to be threatened by unprecedented threats, seriously damaging international economic and trade rules and order, the volatility of the financial market has increased, and the momentum of global economic growth is being weakened; my country's foreign trade enterprises are under pressure to move forward, risks in some key areas still exist, and the foundation for the continued recovery and improvement of the economy needs to be further consolidated.
Although facing the impact, China's long-term positive development trend will not change. We have predicted the new round of pressure from the United States, a series of extraordinary policies are taking effect, and policy tools have sufficient room for adjustment. Better coordinate development and security, adhere to the general tone of work of seeking progress while maintaining stability, and take into account the stimulation of endogenous motivation and expanding external space, we can effectively boost confidence and create a new situation of high-quality development.
To this end, the Political Bureau of the CPC Central Committee proposed for the first time the "four stability" was proposed, and stabilizing employment, stabilizing enterprises, stabilizing markets and stabilizing expectations became the focus of the next step of economic work. Stabilizing employment will help increase residents' income, drive consumption, and thus stabilize enterprise production; stabilizing enterprises will not only effectively absorb employment, but also enrich product supply and enrich market vitality; stabilizing the market will create a predictable investment and consumption environment, which is a positive expectation itself; stabilizing expectations can mobilize the enthusiasm of the whole society and give full play to the effectiveness of existing policies and incremental policies. The "four stability" is closely linked and is related to the overall economic development.
For enterprises that are more affected by tariffs, increase the proportion of job stability refunds for unemployment insurance funds; accelerate the solution to the problem of local governments arrears in corporate accounts; timely cut the reserve requirement ratio and interest rate cuts, maintain abundant liquidity, and increase support for the real economy... A series of policy "combination punches" hit the current prominent contradictions and risks, in order to make the "four stability" virtuous cycle and solidly stabilize the economic market.
"Stability" is not conservative or retreating, but opening up new space and creating new opportunities with a positive attitude and pragmatic measures. To promote stability with "progress" and "new" to promote stability, we must especially grasp the dialectical relationship between fast and slow, addition and subtraction, and breaking and establishment, organically combine the implementation of macro-policy measures with further comprehensive deepening of reform, focus on using institutional and mechanism innovation to solve problems, and win the initiative in development.
Unsolutely doing your own thing well and unswervingly expanding high-level opening up to the outside world is a powerful counterattack against unilateralism and bullying. Recently, the service industry has expanded its opening up to 9 new pilot cities and supported the opening of foreign-funded nursing colleges, and China's institutional opening up is getting faster and faster. The meeting of the Political Bureau of the CPC Central Committee proposed to "increase the intensity of pilot policies for opening up the service industry and strengthen services for enterprises to 'go global'". The direction is also quite clear - no matter how the world changes, China's determination to work with the international community to safeguard multilateralism will not change, and China's determination to share development opportunities with the world will not change, and China's door to opening up will only open wider and wider.
China has always grown up in the baptism of wind and rain and grown through trials. Anchoring strategic goals, strengthening confidence in development, advancing and facing difficulties, we will eventually climb over the hills and climb another peak, and see a more magnificent scenery. (Author: Jin Guanping)
