The Central Economic Work Conference affirmed the achievements, pointed out problems, and pointed out the direction. We have the strong leadership of the party and the significant advantages of the socialist system with Chinese characteristics. We have the solid material and technical foundation accumulated since the reform and opening up. We have the advantages of a large-scale market and the potential for domestic demand. We have huge human capital and human resources. This kind of risk challenge will promote the steady and long-term development of China's economy on the road of high-quality development.

The Central Economic Work Conference was held in Beijing from December 10th to 12th. The meeting summarized the economic work in 2019, analyzed the current economic situation, and deployed economic work in 2020. The meeting emphasized that next year will be the year when a well-off society will be fully established and the "Thirteenth Five-Year Plan" ends. It is necessary to achieve the first 100-year goal and lay a solid foundation for the development of the 14th Five-Year Plan and the second century. Good economic work is very important. The meeting pointed out that to achieve the expected goals next year, we must adhere to the stability of the word, adhere to the policy framework of macroeconomic policies, microeconomic policies, and social policies.

The annual central economic work conference, the main tasks are to summarize the economic work of the year, analyze and judge the current international and domestic economic situation, and formulate a macro development plan for the coming year. Looking back on 2019, it was hard to come by to meet difficult challenges. Faced with various unfavorable conditions, China's economic growth is still operating within the target range. From the perspective of the whole year, it is sure to achieve the growth target of 6% to 6.5%.

In 2019, the central government issued measures to reduce taxes and fees on a scale of about 2 trillion yuan in response to the heavy operational burden of enterprises. The "Regulations on Optimizing the Business Environment" was promulgated to make greater efforts to break the barriers and solve problems for various market entities to invest in the industry and give enterprises a peace of mind. Preventing and resolving financial risks, increasing the disposal of non-performing loans, and reducing the risky assets of the banking industry by 2.5 trillion yuan. With protectionism and unilateralism intensifying, world economic growth slowing down, and the grim trade situation, China's economy has maintained steady growth and important steps have been taken in reform and opening up. The achievements are hard-earned and experience is commendable.

The world today is experiencing unprecedented changes in a century. While fully affirming China's economic development achievements in 2019, we must soberly realize that the world economy is still in a period of deep adjustment after the international financial crisis, and China is now in the process of transforming its development model, optimizing its economic structure, and transforming its growth momentum. Tackling stage. The current global turbulence sources and risk points have increased significantly, and the downward pressure on the economy has increased. This requires China's economic work to adhere to the word stability next year.

The key word for China's economy in 2020 is "stable". Next year, we will end the "Thirteenth Five-Year Plan" and lay a solid foundation for the development of the "Fourteenth Five-Year Plan" and the achievement of the goal of the second century. It is required that the Chinese economy must ensure a reasonable increase in quantity and a steady improvement in quality. In 2020, we must unswervingly implement the new development concept, resolutely fight the three major battles of preventing and resolving major risks, accurately alleviating poverty, and preventing and controlling pollution, continue to steadily open the meridian of high-quality economic development, and continue to move steadily toward the mid-to-high-end level.

Economy is the body, finance is the blood. To continue to implement a proactive fiscal policy and a prudent monetary policy in 2020 is an important cornerstone of China's economic stability. Fiscal and monetary policies should be combined with policies such as consumption, investment, employment, industry, and regions to guide investment in advanced manufacturing, people's livelihood construction, and infrastructure shortcomings, and promote the "dual upgrade" of industry and consumption to ensure economic growth. keep it steady.

Development for the people, development depends on the people. In 2020, it is necessary to stabilize the total employment, improve the employment structure, and improve the quality of employment. It is necessary to adhere to the positioning of "houses are used for living, not for speculation," and comprehensively implement the long-term management and regulation mechanism that is based on the city's policies to stabilize land prices, house prices, and expectations, and promote the stable and healthy development of the real estate market. Since the beginning of this year, price changes represented by fluctuations in fruit prices and rising pork prices have had a significant impact on the consumer market, highlighting the significance of improving the stability of important agricultural productive capacity. In 2020, we must continue to promote structural reforms on the supply side of agriculture. We must combine price stabilization and supply promotion with transformation and upgrading to ensure that the "vegetable baskets" of ordinary people are available and stable.

The basic trend of China's economic stability and long-term improvement has not changed. The Central Economic Work Conference affirmed the achievements, pointed out problems, pointed out the direction, released positive signals, and boosted the confidence of all parties in the prospects of the Chinese economy and even the global economy. We have the strong leadership of the party and the significant advantages of the socialist system with Chinese characteristics. We have the solid material and technical foundation accumulated since the reform and opening up. We have the advantages of a large-scale market and domestic demand. This kind of risk challenge will promote the steady and long-term development of China's economy on the road of high-quality development.