中国日报:政策发力,确保经济平稳运行

2022-03-11

Policies must keep economy steady 

  The role of macroeconomic policies must be brought into full play to keep the economy on a steady course, with efforts to boost smaller businesses and shore up weak links to improve the quality of growth, a political advisor said. 

  Hu Xiaolian, chairwoman of the Export-Import Bank of China and also a member of the National Committee of the Chinese People's Political Consultative Conference, expects that more policies will be rolled out in key areas to ensure stable growth, a priority of China's economic agenda this year. 

  "As a CPPCC member who serves on the Committee on Economic Affairs and works in the financial sector, I expect this year's macroeconomic policies to work in a way that helps to improve China's economic structure, address risks and deepen reforms, as this will be crucial for maintaining stability while pursuing growth, the overarching goal set for 2022 at the Central Economic Work Conference," Hu said in an exclusive interview with China Daily before the kickoff of the two sessions, the annual sittings of China's national legislature and the top political advisory body. 

  She underscored the importance to front-load macroeconomic policies in a forward looking manner to maximize their effect in maintaining stability, spurring growth and tackling downward pressure. 

  In particular, monetary policies should be kept stable overall with enhanced predictability, and be flexible and appropriate to keep liquidity reasonably ample. 

  "Policy making will be a delicate balancing act. On the one hand, policy makers need to take care of the weak market demand with regard to small and medium-sized enterprises, or SMEs, and fixed asset investment. On the other, they must keep an eye on CPI, the inflationary expectation," said Hu, also a former vice-governor of People's Bank of China, China's central bank. 

  "More emphasis is needed on boosting the confidence of market players and anchoring expectations across society." 

  The central government has introduced forceful measures to meet the needs of micro, small and medium-sized businesses for financing, particularly over the past weeks and months, when the economy is faced with three-fold pressure of contracting demand, a supply slump and weakening market expectations, which weighs on small businesses' recovery. 

  A decision made on Monday at the 24th meeting of the central committee for deepening overall reform of the Communist Party of China Central Committee gives the market a much expected shot in the arm. 

  It confirmed further efforts to promote financial inclusion and build a sound financial system that is highly adaptable, competitive and inclusive, to better meet diverse financial needs of the people and the real economy. 

  The most recent State Council's executive meeting on Feb 15 also urged an increased amount of incentive funding from the PBOC to step up inclusive lending to micro and small businesses, and enable a steady fall in their overall financing costs. 

  In the interview with China Daily, Hu said that to ensure steady growth, a key step would be optimizing the economic structure. While money supply and aggregate financing shall be basically in step with nominal GDP growth, additional support shall be extended to micro and small businesses, sci-tech innovation and green development. 

  "Only through shoring up these weak links will we be able to secure a balanced and resilient economy," she said. 

  Noting that China is to tackle emerging challenges and risks in both immediate and long terms, and that international market volatility might aggravate the disruptive impact of risks, Hu said efforts in forestalling and fending off risks remain crucial to ensure stability. 

  "It is important to always remain on high alert and well-prepared for risks that come our way. We should bear in mind that risk prevention and mitigation is vital to development and security, and get a head start," she noted. 

    

政策发力,确保经济平稳运行 

  全国政协常委、中国进出口银行董事长胡晓炼在两会开幕前接受了中国日报专访。她表示,要充分发挥宏观经济政策有效保稳的作用,支持中小企业发展,以补短板促进经济高质量发展,期待出台更多关键领域稳增长政策。 

  胡晓炼表示,作为来自经济界别、从事金融工作的委员,她认为要做好宏观政策有效保稳、经济结构优化有力促稳、防范化解风险全力维稳、深化改革发力助稳,落实好中央经济工作会议提出的“稳字当头、稳中求进”总要求。 

  胡晓炼强调,宏观经济政策要靠前发力,实施好逆周期调节和前瞻性调控,最大限度发挥政策在保稳、刺激增长和应对经济下行压力方面的作用。货币政策要保持基本稳定,提高可预测性,保持流动性合理充裕,灵活适度、张弛有度。要重视中小企业市场需求预期和固定资产投资预期偏冷、居民物价上涨预期偏热这一冷一热问题,更加注重稳定市场主体信心,引导社会心理预期。 

  一段时期以来,特别是近期经济面临需求收缩、供给冲击、预期转弱三重压力,中小微企业复苏受到影响,中央已出台一系列强有力措施,更好满足中小微企业的融资需求。 

  中央全面深化改革委员会第二十四次会议决定推进普惠金融高质量发展,健全具有高度适应性、竞争力、普惠性的现代金融体系,更好满足人民群众和实体经济多样化的金融需求,这一决定极大提振了市场信心。215日召开的国务院常务会议也指出,人民银行要提供激励资金支持增加普惠小微贷款,促进企业综合融资成本稳中有降。 

  在采访中,胡晓炼表示,要支持经济结构优化有力促稳,保持货币供应量和社会融资规模增速同名义经济增速基本匹配,加大对实体经济特别是小微企业、科技创新、绿色发展的支持,以补短板增强经济增长的协调性和韧性。 

  胡晓炼指出,当前和今后一个时期,我国仍处于各类矛盾和风险的易发高发期,国际市场动荡会加剧风险的破坏性,必须居安思危、未雨绸缪,把防范化解风险作为事关发展和安全大局的任务来抓,下好“先手棋”。