The second session of the 14th National People's Congress held a press conference at the press conference Hall of Media Center in Beijing

On March 6, the second session of the 14th National People's Congress held a press conference at the Media Center in Beijing. Director of the National Development and Reform Commission Zheng Hajie, Minister of Finance LAN Fuan, Minister of Commerce Wang Wentao, Governor of the People's Bank of China Pan Gongsheng and Chairman of the China Securities Regulatory Commission Wu Qing answered questions from Chinese and foreign journalists on development and reform, budget, commerce, finance and securities and other related issues. This is a reporter raising his hand. Photo by Li Xin/Xinhua News Agency

Press conference on economic theme of the Second Session of the 14th National People's Congress

At 3 PM on March 6, the Second session of the 14th National People's Congress held a press conference in the press conference hall of Media Center. We invite Chairman Zheng Hajie of the National Development and Reform Commission, Minister of Finance LAN Fuan, Minister of Commerce Wang Wentao, Governor Pan Gongsheng of the People's Bank of China and Chairman Wu Qing of the China Securities Regulatory Commission to answer questions on development and reform, budget, commerce, finance and securities and other related issues.

Zheng Zhajie: There is strong support for the growth target of about 5% in 2024

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Photo by Li Xin/Xinhua News Agency

Zheng Hajie, director of the National Development and Reform Commission, introduced at the economic theme press conference of the Second session of the 14th National People's Congress on the 6th that in 2024, the favorable conditions of China's economic development are stronger than the unfavorable factors, the development foundation is more solid, the economic impact resistance and resilience continue to increase, and the macro policy continues to strengthen, providing a strong macro-control policy supply for the stable development of the economy. New growth drivers have been replaced at a faster pace, local governments have become more proactive in their development, officials across the country have been more enthusiastic and proactive in starting businesses, and positive factors have been accumulating. Since the beginning of the year, leading indicators such as the quantity of real goods have grown rapidly. We have the confidence, ability, conditions and confidence to push for sustained economic recovery and long-term improvement, and achieve all economic and social development goals and tasks this year with high quality.

Wang Wentao: We will promote the replacement of automobiles, home appliances, kitchen and other consumer goods with new ones

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Minister of Commerce Wang Wentao said at the press conference on the economic theme of the second session of the 14th National People's Congress on the afternoon of the 6th that this year, the Ministry of Commerce and five departments launched the "National Online New Year Shopping Festival", which is also the first activity of the Ministry of Commerce this year's "Consumption promotion Year". There are also two key tasks to promote consumption this year, one is to promote the replacement of old consumer goods such as automobiles, household appliances, and home improvement kitchens and bathrooms, and the other is to boost consumption of services. For the work of replacing old consumer goods with new ones, the Ministry of Commerce will earnestly implement it. The general idea is to adhere to the market, through policy support and guidance, fully mobilize the enthusiasm of all parties, and form an effective mechanism that makes it easier to replace the old and more willing to replace the new.

Pan Gongsheng: Maintaining price stability and promoting moderate price recovery are important considerations for monetary policy

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Pan Gongsheng, governor of the People's Bank of China, said at a press conference on the economic theme of the Second session of the 14th National People's Congress on the 6th that China's monetary policy toolbox is still rich and there is still enough space for monetary policy. At present, China's legal reserve ratio is 7% on average, and there is still room for future cuts. The People's Bank of China will use a combination of monetary policy tools to step up counter-cyclical regulation, maintain reasonable and sufficient liquidity, and support steady growth and balanced supply of social financing and total money and credit. At the same time, we will take maintaining price stability and promoting moderate price recovery as an important consideration of monetary policy, take into account the health of the balance sheet of the banking industry, and continue to promote the stability and decline of the comprehensive financing cost of society.

LAN Foan: This year's budget for education, social security and employment will exceed 4 trillion yuan

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LAN Foan, Minister of Finance, introduced at the economic theme press conference of the Second session of the 14th National People's Congress on the 6th that in recent years, the financial sector has continued to improve the "livelihood content" of funding arrangements and constantly enhance the "livelihood temperature" of policy measures. Policies to ensure employment, education, social security, medical care, housing, and the ecological environment have been improved, and more and more investment has been made. In 2024, the budget arrangements for education, social security and employment will all exceed 4 trillion yuan. In the next step, the Ministry of Finance will continue to do its best, do its best, focus on the urgent problems of the people, and continue to increase financial investment.

Wu Qing: The next work focus on "strong" and "strict"

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Wu Qing, chairman of the China Securities Regulatory Commission, said at a press conference on the economic theme of the second session of the 14th National People's Congress on the 6th that capital market regulators should pay special attention to the issue of fairness, and take openness, fairness and justice as the most important principle. The next step will be to respect laws and rules. The key is to highlight "strong" and "strict". "Strong" is a strong foundation. Investors are the foundation of the market, listed companies are the foundation of the market, we must sincerely treat investors, we must focus on improving the quality of listed companies. "Strict" means strict supervision and management. The CSRC will comprehensively review and speed up the shortcomings and weaknesses of supervision in all areas, subjects and links such as the stock market, bond market, futures and derivatives market.

This article is from Xinhuanet.com