On April 17, Premier Li Keqiang presided over the State Council executive meeting to listen to the report on the proposal of the National Committee of the two countries in 2019, requesting better gathering of public intelligence to promote stable and healthy economic and social development; and determining measures to further reduce the financing costs of small and micro enterprises. Financial support for the real economy.

The meeting pointed out that the proposal of the NPC deputies and the CPPCC members' proposal is an important measure to focus the wisdom of all parties, improve the government's work, and promote scientific and democratic decision-making. This year, the proposals of the National People's Congress, which was sponsored by the State Council, accounted for more than 94% of the total. All departments should enhance their sense of responsibility and take the proposal for proposal as an important starting point for the implementation of the "Government Work Report", and promote policy measures to better meet the needs of reform and development and respond to the expectations of the masses. The meeting requested that the first is to compact the responsibility, and to propose the proposal and the business work with the deployment and the same assessment. It is difficult to block the pain points involving enterprises and the masses. If it can be solved within a certain period of time, it must be resolved within a limited time. The second is the innovative way to unblock the “through train” between the government and the representative committee. Before the proposal is submitted, it is necessary to conduct in-depth research and direct communication with the deputies. If necessary, a symposium will be held to listen to opinions and suggestions. The third is to do a good job in handling the response, timely feedback, and further listen to the opinions of the deputies. Answers to major public interests and general concerns of the masses should be disclosed to the public in a timely manner. The fourth is to effectively improve the quality of handling, to resist formalism, to solve problems through practical measures, and to improve the level of government work and the people's sense of gain.

The meeting pointed out that in accordance with the deployment of the Party Central Committee and the State Council, further efforts should be made to ensure that small and micro enterprises have increased financing scale, reduced costs, and promoted employment expansion and new kinetic growth. First, we must persist in not engaging in "big flood irrigation", implement a sound monetary policy, use monetary policy tools flexibly, expand the scale of tools such as refinancing and rediscounting, and speed up the establishment of a policy framework for implementing low deposit reserve ratios for small and medium-sized banks. In view of the fact that financing difficulties are mainly concentrated in private and small and micro enterprises, the incremental funds released should be used for private and small and micro enterprise loans. We will promote bond financing support tools to ensure that the scale of private enterprise debt issuance and the size of special financial bonds issued by financial institutions for small and micro enterprises will exceed 2018. Second, we must promote the bank's assessment and incentive mechanism of “dare to lend, be willing to lend, and be able to lend” and support the development of a credit plan for inclusive small and micro enterprises. Five large state-owned commercial banks, including workers, and peasants, must take the lead to ensure that the balance of small and micro enterprise loans will increase by more than 30% this year, and the comprehensive financing cost of small and micro enterprises will be reduced by 1 percentage point on the basis of last year. Guide other financial institutions to substantially reduce the financing costs of small and micro enterprises. Third, we must reduce corporate financing costs through government financing guarantees. The central government continued to arrange funds to implement the subsidy policy for small and micro enterprise financing guarantees. The National Financing Guarantee Fund supports 200 million yuan of guaranteed loans for small and micro enterprises, and the number of households is more than 100,000. All localities should realize the goal of guaranteeing the single-family guarantee amount of less than 5 million yuan for small and micro enterprises as long as 1%, and 5 million yuan or more and not exceeding 1.5%. Fourth, we must guide banks to increase the proportion of credit loans and reduce excessive reliance on mortgage guarantees. To clean up and regulate the additional costs of enterprise mortgage registration, asset evaluation, bridge crossing, etc., relevant departments should jointly carry out special inspections on unreasonable and illegal charges in corporate financing to reduce the burden on enterprises.