Many committee members talked about promoting high-quality economic development. China's manufacturing industry has quietly started.

Abstract This year's government work report pointed out that we must vigorously promote high-quality development. On the afternoon of March 8, the 13th session of the National Committee of the Chinese People's Political Consultative Conference held a press conference on the theme of "The CPPCC members talked about promoting high-quality economic development" in the press conference hall of the Great Hall of the People. This year's government work report will...

This year's government work report pointed out that we must vigorously promote high-quality development. On the afternoon of March 8, the 13th session of the National Committee of the Chinese People's Political Consultative Conference held a press conference on the theme of "The CPPCC members talked about promoting high-quality economic development" in the press conference hall of the Great Hall of the People.

This year's government work report sets the economic growth target at around 6.5%, which is lower than the 6.9% economic growth rate last year. In this regard, Qian Yingyi, member of the National Committee of the Chinese People's Political Consultative Conference and vice chairman of the National Federation of Industry and Commerce, believes that the expected target set this year is 6.5%, which is the same as the target set last year. But this year is different from previous years. The 19th National Congress determined a strategic shift from high-speed growth to high-quality development. Therefore, the expected target for this year is 0.4 percentage points lower than the actual growth last year in order to leave room for transformation.

"Quality development is a very inclusive concept that can be observed and recognized from different angles." Yang Weimin, member of the National Committee of the Chinese People's Political Consultative Conference and deputy director of the Central Financial and Economic Leading Group Office, believes that two aspects are very important. First, the investment is highly efficient. Second, the benefits should be relatively high.

Yang Weimin said that last year's Central Economic Work Conference proposed to promote high-quality development to establish six systems plus one system. This is a long-term task, and relevant departments are studying and formulating the process.

Although there is no policy system yet, Yang Weimin believes that it will gradually change in the future. For example, the relevant departments are now taking measures to enable the new unicorn enterprises to enter the listed enterprises as soon as possible, giving the people more choices of high-quality assets and wealth. "Proposing high-quality development is just beginning. In the process of pursuing high-quality development, the evaluation system, statistical system, policy system, performance evaluation, etc. will make some adjustments and gradually improve."

The government work report proposes that we should comprehensively carry out quality improvement actions, promote benchmarking with international advanced standards, promote the spirit of artisans, and come to a quality revolution made in China. Ning Gaoning, a member of the National Committee of the Chinese People's Political Consultative Conference and a member of the Sinochem Group, said that China's manufacturing industry has progressed from being a world factory to a manufacturing country, and has made remarkable achievements, but still at the quality and technical level. Not high enough.

"Without innovation, no technology, no investment, no expansion, no more repetitive construction. I think this is a good start. It can be said that China's manufacturing industry has quietly started, upgrading to manufacturing. High quality upgrades such a phase shift." Ning Gaoning said.

It is worth noting that the three major battles were repeatedly mentioned during the "two sessions" this year. The first priority is to lay a solid battle to prevent and resolve major risks, with a focus on preventing and controlling financial risks. Regarding how to comprehensively and strictly supervise the financial industry, Hu Xiaolian, member of the National Committee of the Chinese People's Political Consultative Conference and chairman of the Export-Import Bank of China, said that, first of all, regulators should focus on strengthening corporate governance of financial institutions. Second, the gaps in supervision should be remedied in time, and some gray areas should be eliminated, so that the behavior of “fishing in troubled waters” can be formed. Third, supervision must be effectively coordinated. In addition, Hu Xiaolian hopes that when the regulatory authorities issue regulatory requirements, they should increase communication with the market and let financial institutions prepare early to prevent the behavior of the financial institutions and the impact on the market. It is also hoped that supervision should improve efficiency and enhance pertinence. It should not regard approval as supervision. It is necessary for financial institutions to work hard to achieve business operations in the context of the bottom line and knowing the boundaries, and create more space for the services of the real economy.

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