Conference of the Political Bureau of the CPC Central Committee: Solving the difficulties encountered in the development of private enterprises

Xinhua News Agency, Beijing, October 31st The Politburo of the CPC Central Committee held a meeting on October 31 to analyze and study the current economic situation and deploy current economic work. Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting.

The meeting held that since the beginning of this year, all localities and departments have followed the decision-making arrangements of the Party Central Committee, adhered to the general tone of steady progress, implemented new development concepts, implemented high-quality development requirements, and focused on supply-side structural reforms, focusing on prevention and resolution. The three major battles of major risks, precision poverty alleviation and pollution prevention and control have accelerated the pace of reform and opening up and achieved sustained and healthy economic and social development. In the first three quarters, the economic operation was generally stable, stable, and continued to maintain a reasonable range. Consumer prices are basically stable, manufacturing investment has rebounded to a higher level in recent years, imports and exports have grown rapidly, foreign capital utilization has steadily expanded, autumn grain has achieved a bumper harvest, and income growth of residents has been basically synchronized with economic growth. New urban employment has completed the annual target ahead of schedule. . The economic structure continues to be optimized. Supporting the development of the private economy and implementing a series of measures to promote the healthy development of the financial market have boosted market confidence.

The meeting pointed out that the current economic operation has changed steadily, the downward pressure on the economy has increased, some enterprises have more operational difficulties, and the long-term accumulated risks are exposed. We must attach great importance to this, enhance predictability, and take timely countermeasures.

The meeting pointed out that the current economic situation in China is the result of long-term and short-term, internal and external factors. China's economy is shifting from a high-speed growth stage to a high-quality development stage, and the external environment has undergone profound changes. Some policy effects need to be further released.

The meeting stressed that in the face of the outstanding contradictions and problems in economic operation, we must adhere to the general tone of steady progress, adhere to the new development concept, adhere to the supply-side structural reform as the main line, increase reform and opening up, and seize the main contradictions. Targeted to solve. We must effectively manage our own affairs, unswervingly promote high-quality development, implement a proactive fiscal policy and a prudent monetary policy, do a good job in stabilizing employment, stabilizing finance, stabilizing foreign trade, stabilizing foreign investment, stabilizing investment, and stabilizing expectations. Respond to changes in the external economic environment to ensure a smooth economic operation. We must adhere to the "two unwavering", promote the common development of multiple ownership economies, and study and solve the difficulties encountered in the development of private enterprises and small and medium-sized enterprises. Focusing on capital market reform, strengthening institutional development, stimulating market vitality and promoting long-term healthy development of the capital market. Continue to actively and effectively use foreign capital to safeguard the legitimate rights and interests of foreign-funded enterprises in China. It is necessary to improve the style of work and pay close attention to implementation so that the various policies and measures that have been introduced will play their role as soon as possible.

The meeting requested that the work at the end of the year be done in a solid manner. We must do a good job in celebrating the 40th anniversary of reform and opening up and hold the first China International Import Expo. We will do a good job in ensuring people's livelihood security in the winter, especially to ensure that the masses warm the winter, ensure the timely and full payment of migrant workers' wages, do a good job in safe production, strengthen natural disaster prevention, and ensure the stability of the overall situation of society.

Editor in charge: Zheng

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