Scenery here is a good foreseeing policy behind the policy

Recently, the online forum of "Landscape Landscape" of Zhengxin Investment Group was successfully held. This forum focuses on the situation of weak global economic growth and the increase in downward pressure on my country's economy. Through the economic data and move the pulse investment to help investors get out of the time of the time of the situation.

The forum invited Dong Feng, a policy researcher at the China Institute of Political and Credit Research, to interpret the economic data of the first four months of our country.

The downward pressure on the economy continued to increase. In the first quarter, the central government was densely introduced by special debt and tax reduction policy to protect weak market entities.

According to Dong Feng, a worrying phenomenon in the data in April-Social Rong and M2 departure. The scale of social merging of the three economic circles represented by the Yangtze River Delta, Pearl River Delta, and Beijing -Tianjin -Hebei has declined. This needs to attract attention under the context of the current impact of anti -epidemic stack. It can be seen that the central government convened conferences to promote economic growth from April to May. This reflects the decline in the decline in medium- and long -term loans in short -term financing. This is a sign of economic weakness. The supply and demand of funds are asymmetric. Although the central government has introduced a large number of stimulus policies and loose currency at this stage, the effective demand is insufficient.

State -owned enterprises, state -owned enterprises, and local platform companies bear the stability of the economy

At this stage, central enterprises, state -owned enterprises, and local platform companies take the lead in undertaking a stable economy, especially local government platform companies with sufficient cash flow. When the effective demand from the people is insufficient, the central enterprises and state -owned enterprises have set up a fixed star in the economic market. Although my country's economic development is facing multiple pressures at this stage, for China, which has a huge economy, the policy space is large, the room has a large room, completely capable, confident, and conditional to respond to these challenges. Regardless of how the international storm changes, this "economic card" in the hands must be done first.

First, we adhere to the zero -zero policy of the epidemic and maintain the leading position of the economic recovery world.

Second, in terms of international trade, China can continue to maintain a leading position.

Third, from the perspective of consumption, the state has issued policies to establish a large unified market in the country and break the blocking points of internal circulation. In the large market with a population of 1.4 billion, the domestic demand market is very large.

Fourth, the priority is to start the economic role of infrastructure at the bottom of the infrastructure, give play to the effective pull of infrastructure on the economy, and drive exports, employment and domestic demand.

Policy increases infrastructure and county urbanization: central enterprises and state -owned enterprises are the main forces

The central government proposed that the infrastructure support is that we want to develop the national team, mainly the government's platform company. Enterprises represented by platform companies use infrastructure to support the economy, and continue to exert the power of "infrastructure madness". In late April this year, the Central Finance and Economic Commission Meeting issued the "Comprehensive Strengthening Infrastructure Construction and Construction of the Modern Infrastructure System", emphasizing that in the construction of modern countries, infrastructure is first. Immediately afterwards, the Central General Office and the General Office of the State Council issued the "Opinions on Promoting Urbanization Construction with County Town as an important carrier". The speeches of General Advisor Li Yi Ning's 2016 China PPP Investment Forum mentioned the concept of cities, and the "Opinions on Promoting Urbanization of County Town as an important carrier" gave this group better destination. In the past two years, the development of the county economy will strongly support the stable and sustainable development of GDP. Conversely, assets have a lot of assets, so the capital corresponding to the assets, including social finance, will also increase significantly.

In the second quarter, the key to see the policy implementation in place to maintain the steady economic growth

In order to protect the economy steadily, the central government has launched all the proposed policies in accordance with the Central Economic Work Conference and Government Work Report. The following is to request all localities to implement policies as soon as possible, implement the central policy in place, and ensure that the economic operation in the first half of the year and the whole year is in a reasonable range in a reasonable range. Essence Dong Feng believes that the data will not be good in May, but it will not be bad.

As the government's guidance funds, the participation of social capital will accelerate with the acceleration of issuance and use.

To revitalize the assets of state -owned enterprises to maintain sufficient cash flow

Dong Feng, a policy researcher at the Chinese Academy of Political and Credit Research, believes that the state -owned enterprise and central enterprises held by the State -owned Assets Supervision and SASAC on the advancement meeting of the state -owned enterprises and central enterprises on rectification is to revitalize the assets of central enterprises and state -owned enterprises and maintain plenty of cash flow. In the case of infrastructure support, a lot of funds must be needed. Whether it is banks or special bonds, the government’s credit factors are also national policy. If the decline, the bottom of the background is unclear, the products of investing in debt are safer, and the cash flow can maintain liquidity.

China's economy is the cornerstone of the world economy

As a policy researcher of the China Institute of Political and Credit, Dong Feng has long studied China's economic policy. He believes that from the long run, China is the cornerstone of the world economy, and this pattern will not change in the middle and long term.

First of all, the weight of the RMB in SDR increased by 2%to 12.8%. This range was very large, and the proportion of the yen and the pound was declining, which means that China's position in the international supply chain is becoming increasingly important.

Second, China's $ 32 trillion foreign exchange reserve is a firewall for China's economy exempt from impact.

Third, through the starting point of traditional infrastructure and new infrastructure, it helps to build infrastructure facilities through the “Belt and Road”.

Fourth, we drive external circulation through internal circulation. The large market with a population of 1.4 billion is the good time to cultivate domestic products and go to the world.

Finally, we can see the attraction of Chinese assets to capital through foreign capital's tendency to Chinese assets.Among them, foreign investment in China's construction is a strong evidence.For investors, the stable and economical large -scale construction industry will rise strongly. On the one hand, as an uncertain shelter fund, on the other hand, there are exact policy expectations.Dong Feng, a policy researcher at the China Institute of Political and Credit Research, said that no matter how turbulent the external situation is, China is doing its own business according to the established goals. This is China's strategic determination.In order to cross various risks and move forward steadily.At the moment, foreign capital is optimistic about China's long -term confidence in China's economy. We should maintain sufficient confidence in the future of the Chinese economy. The scenery is unique!

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