China's economic development enters a period of growth and shifts to accelerate the upgrading of industrial structure

In 2011, GDP grew by 9.3%, increased by 7.7% in 2012, and increased by 7.6% in the first half of 2013. The economic growth rate is higher than the expected target of an average annual growth rate of 7% in the “Outline”. The major macro-control targets such as employment, price, and international balance of payments have also been basically achieved. At the same time, under the influence of changes in the international and domestic development environment and conditions, China's economic development has entered a growth period.
At the 6th session of the Standing Committee of the 12th National People’s Congress held in Beijing on December 25, entrusted by the State Council, Xu Shaoshi, Director of the National Development and Reform Commission made the State Council's “Twelfth Five-Year Plan for National Economic and Social Development of the People’s Republic of China” The Outline (hereinafter referred to as the "Outline") describes the implementation of the mid-term evaluation report.
Xu Shaoshi pointed out that institutional innovation is the core driving force for development and is an important guarantee for the implementation of the main theme of the Outline, and it is also the fundamental way out for resolving many contradictions and problems in economic and social development. During the second half of the "Twelfth Five-Year Plan" period, it is necessary to speed up the various reform tasks that have already been clarified in the "Outline", and it is necessary to focus on establishing and improving the institutional mechanisms conducive to the promotion of scientific development and to deploy in accordance with the reforms of the Third Plenary Session of the 18th CPC Central Committee. Focusing on the reform of the economic system, focusing on giving play to the decisive role of the market in allocating resources and giving better play to the role of the government, accelerating the areas of government governance, the unified market, fiscal and taxation systems, social security, financial systems, land systems, and ecological and environmental protection. Make a breakthrough in reform.

Ensuring Expected Growth Objectives The assessment report shows that due to changes in the international and domestic development environment and conditions, China's economic development has entered a growth period. The economic growth rate dropped from 9.3% in 2011 to 7.7% in 2012 and is expected to be around 7.6% this year. From the perspective of the international environment in the next two years, the stable recovery of the global economy remains variable, and it is difficult for the international market demand to reproduce the strong growth of the past. Judging from internal conditions, the factors and constraints of economic growth are changing, labor costs have entered an upwards channel, and the external costs of enterprises such as the ecological environment have become more constrained, and traditional growth models are facing challenges. The downward pressure on economic growth cannot be ignored.
In response, the assessment report proposes that in the face of downward pressure on the economy, we must further improve the macro-control policy system, reasonably grasp the direction and intensity of macro-economic policy control, further increase the two-way flexibility of exchange rates, and strengthen policies such as fiscal, monetary, industrial, land, and environmental protection policies. The coordination between them prevents major economic fluctuations. Actively prevent and control and properly resolve fiscal financial risks, and actively and appropriately respond to the risks of local government debts in accordance with the principles of differential treatment, classification supervision, and combination of evasion and prevention, and effectively control overall debt risks while ensuring reasonable financing needs. Adhere to both demand management and supply management, comply with the urgent requirements of transformation and upgrading and improvement of core competitiveness, focus on improving the efficiency of the supply side, continuously improve entrepreneurial innovation and business environment, and strive to build a new internal stable growth mechanism.

The evaluation report on accelerating the promotion of industrial structure shows that the pattern of relying on investment to stimulate economic growth has not been fundamentally changed. The contribution rate of consumption to economic growth in the past two years has increased, mainly due to the decline in investment growth and the decline in export growth. The traditional comparative advantage is gradually weakening. The new comparative advantage is difficult to form in the short term. Agricultural production faces many challenges. The growth potential of the service industry has not been fully released. The scale of strategic emerging industries is relatively small. Steel, cement, electrolytic aluminum, flat glass and ships The industry has serious overcapacity. Technological progress and human capital contribute little to economic growth, industrial technology upgrades are slow, basic and cutting-edge research is weak, and the situation in which core technologies are controlled by people has not changed fundamentally.
With regard to the problem of slow progress in structural optimization and upgrading, the assessment report calls for accelerating the development of modern agriculture, coordinating international and domestic markets and two resources, increasing market supply capacity, advancing advances in agricultural science and technology, building new types of agricultural production and management entities, and further consolidating agriculture. Basic position. Accelerate the construction of a modern industrial system, further strengthen the integration of informatization and industrialization, continuously increase the value-added of the service industry and the proportion of employment, cultivate and develop strategic emerging industries, transform and upgrade the manufacturing industry, and continue to resolve steel, in accordance with the requirements of the “four batches”. The serious overcapacity in the cement, electrolytic aluminum, plate glass, and shipbuilding industries has inhibited the blind expansion of the “two high” industries.
Actively nurture dynamic comparative advantage, speed up the accumulation of human capital, speed up the development of modern vocational education, train high-quality laborers and skilled talents, establish collaborative innovation mechanism of production, study, and research, and increase government investment in basic, frontier, public welfare, and common key technology research We will cultivate a good environment conducive to corporate R&D and innovation, encourage companies to increase the research and development of new technologies and new products, vigorously promote innovation-driven and foster new competitive advantages.

The evaluation report on strengthening energy conservation and environmental protection management measures disclosed that environmental pollution is characterized by diversification of pollution sources, expansion of pollution scope, and persistent effects of pollution. While the traditional soot-type atmospheric pollution is still severe, compound pollutants characterized by fine particles and ozone are increasingly serious. According to relevant standards, about 60% of urban air quality in the country is not up to standard. Water pollution is still prominent. The discharge of chemical oxygen demand, total phosphorus and total nitrogen in key river basins remains high, and the water resources security is threatened. Soil pollution has become increasingly prominent. The cumulative impact of industrial development on soil pollution has gradually emerged. The local area is relatively serious, and part of the arable soil pollution is excessive.
In response to the serious environmental pollution problem, the assessment report put forward the implementation of the most stringent system of resource conservation and ecological environmental protection. Strengthen energy conservation and consumption reduction, implement double-control assessments of total energy consumption and energy intensity, further improve industrial energy consumption thresholds, strictly implement energy evaluation system, promote energy conservation in key areas, and strictly prohibit preferential electricity prices for high energy-consuming enterprises. Energy saving statistics system. Strengthen the governance of outstanding environmental problems, increase the emission reduction of major pollutants, implement the environmental protection electricity pricing policies such as denitrification of coal-fired power plants, and strengthen the treatment and restoration of concentrated air, water, and soil pollution problems.
Improve resource conservation and eco-environment protection models, strengthen full-process protection, large-scale regional protection and social participation, adopt more legal means and economic measures, improve the system of paid use of resources and ecological compensation systems, and improve resource products and environmental protection pricing mechanisms. The high energy-consuming and high-pollution products are included in the scope of excise tax collection, and the scope of resource taxation is gradually expanded to occupy various types of natural ecological space, and the internal costs of the external environment of the ecological environment are promoted.

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