The State Council deploys further measures to promote reform and structural adjustment

Premier Li Keqiang of the State Council presided over the executive meeting of the State Council on October 18 to listen to reports on the implementation of reform and structural adjustment measures introduced by the State Council more than half a year ago, and to deploy further efforts to consolidate the economy and stabilize the foundation.
The meeting pointed out that in the face of this year’s complicated domestic and international economic situation, the Party Central Committee and the State Council made scientific judgments. We worked in accordance with the general tone of work for stability and progress, unified planning for steady growth, structural adjustment, and reform, and maintaining stability and stability policies. They have the ability to innovate in ways to control innovation, persist in not expanding the deficit, do not relax or tighten monetary policy, and introduce a number of reforms such as simplifying administration and decentralization, trade and investment facilitation, interest rate marketization, and expanding the number of pilot sites for reforms, etc., and promote the consolidation of the agricultural foundation. Policies and measures such as releasing domestic demand potential, optimizing industrial structure, resolving excess production capacity, reducing the burden on small and micro enterprises, and improving people's livelihood, clarify the upper and lower limits of the reasonable range of economic growth, thereby effectively alleviating downward pressure on the economy, stabilizing social expectations, and continuing to stimulate market vitality. Constantly accumulate positive factors. The newly released statistics show that China's economy has been stable in the third quarter. The agricultural harvest has basically reached a fixed position, the internal dynamics of economic development have been strengthened, structural adjustments and industrial upgrading have shown positive changes, urban employment has continued to increase, and residents’ income has continued to increase.
The meeting studied the problems in the implementation of various measures to promote reform and structural adjustment. It is pointed out that when the pressure of economic downturn is high, it is necessary to strengthen confidence; when the economy is stable and good, we must also keep a clear head. We must see that the foundation for the current economic upswing is still not solid, the deep-seated contradictions are still outstanding, and development still faces many risks and challenges. The task of achieving sustainable and healthy economic development is still heavy. We have the conditions and ability to achieve the expected goals of economic and social development throughout the year, but we must also make unremitting efforts. We must take greater efforts to advance reforms and structural adjustments, continue to do a good job of the implementation of the measures that have already been promulgated so that the dividends of reforms can be continuously released, the policy effect can continue to be exerted, and we can truly realize the benefits that are currently beneficial to the long-term, consolidate the foundation for steady improvement, and promote The economy improves quality and efficiency, strengthens endogenous growth and has long-term staying power.
The meeting requested that, first, the policy should be honored as the goal, and no effort should be made to implement it. All localities and departments must address the weaknesses in the implementation of policy measures, speed up the improvement and refinement of supporting measures, and adopt pragmatic and efficient work to allow policy measures to be “accomplished” as soon as possible and further stabilize the hard-won positive and positive market expectations. Social confidence. Second, we must take the transformation of government functions as the starting point and continue to deepen reforms. Accelerate the implementation of the transformation of government functions, reverse the phenomenon of poor lakes and lakes, overcome overdone delays, cope with discounts, engage in flexible behaviors, and study concrete measures for promoting reforms so that market functions can be better played and government management can be better implemented. Efforts will be made to create a market environment in which all types of entities will compete fairly. Third, we must shape the new advantages of competition as the guide and promote industrial transformation and upgrading. Actively tap new growth points for consumption, speed up the implementation of innovation-driven strategies, vigorously cultivate emerging industries, effectively resolve excess production capacity, increase financial support for small and micro enterprises and real economy, guard against various risks, and maintain stable growth of imports and exports, encourage Leading industries "go out" to better participate in international competition. Fourth, we must ensure the basic, pocket bottom line, promote fairness, and sustainable development as the guideline for people's livelihood protection and improvement. We will continue to encourage employment and entrepreneurship, implement practical measures to promote the employment of college students and difficult groups, and improve supporting regulations. We will improve the basic livelihood security mechanism for the difficult groups and properly arrange the production and livelihood of the affected people.
The meeting emphasized that all localities and departments must carry out self-examination of the implementation of the reform and structural adjustment measures that have already been introduced, and the State Council will organize inspections. We will strive to make policy measures more effective, promote economic and social development to continue to improve, and lay a solid foundation for future development.

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