The government report states that the steel industry should act in this way this year.
The 4th session of the 14th National People's Congress opened in Beijing on March 5th. Premier Li Qiang of the State Council delivered the government work report on behalf of the State Council to the 14th session of the National People's Congress.
This year's government work report mentioned various macroeconomic targets, such as expanding domestic demand and rectifying "internal competition" behaviors. The relevant steel-related points are as follows:
The report will state that the "comprehensive rectification of 'internal competition' activities" has been upgraded to "in-depth rectification of 'internal competition' activities", and it requires:
Strengthen anti-monopoly and anti-unfair competition measures, enhance the rigid constraints of fair competition review, comprehensively utilize means such as production capacity regulation, standard leadership, price law enforcement, and quality supervision, and thoroughly rectify "internal competition" patterns, creating a favorable market environment.
In the field of steel demand, the requirements are:
The main expected targets for this year's development are: an economic growth rate of 4.5% to 5%, and efforts will be made to achieve better results in actual work.
2. This year, the deficit ratio is planned to be set at around 4%. The deficit amount is 5.89 trillion yuan, an increase of 230 billion yuan compared to the previous year. The scale of general public budget expenditure will reach 30 trillion yuan for the first time, an increase of approximately 1.27 trillion yuan compared to the previous year.
3. Plans to issue 1.3 trillion yuan of ultra-long-term special government bonds to continue supporting the "two major" construction projects, "two new" work, and other related efforts. Plans to issue 300 billion yuan of special government bonds to support the capital replenishment of large state-owned commercial banks. Plans to allocate 4.4 trillion yuan of local government special bonds to improve the management of negative lists for special bond projects and the self-examination and spontaneous pilot programs, with a focus on supporting the construction of major projects, replacing implicit debts, and resolving government arrears.
4. This year, fiscal expenditures will continue to maintain a considerable scale. We must continue to make efforts to optimize the expenditure structure, giving greater emphasis to supporting the stimulation of consumption, investment in human resources, and ensuring people's livelihoods, and improving the efficiency of the use of fiscal funds.
5. Continue to implement a moderately loose monetary policy. Consider promoting stable economic growth and reasonable price recovery as important aspects of the monetary policy. Use various policy tools such as reducing reserve requirements and lowering interest rates flexibly and efficiently, maintain ample liquidity, and ensure that the growth of social financing scale, money supply, and the increase in money supply are in line with the expected targets for economic growth and overall price levels.
6. Promote the expansion and upgrading of commodity consumption. Allocate 250 billion yuan of ultra-long-term special government bonds to support the trade-in program for consumer goods, and optimize the implementation mechanism of the policies. Establish a 100 billion yuan special fund for fiscal and financial collaboration to stimulate domestic demand. Utilize methods such as loan interest subsidies, financing guarantees, and risk compensation in combination to support the expansion of domestic demand.
7. This year, the central government plans to allocate 755 billion yuan of central budgetary investment, and allocate 800 billion yuan of ultra-long-term special treasury bonds for "dual-track" construction. The central investment subsidy standards will be classifiedly raised. 800 billion yuan of new policy-based financial instruments will be issued to stimulate more social capital to participate in investment.
8. We will continue to promote the quality improvement and upgrading of key industries. A number of major technological transformation and upgrading projects will be newly deployed, and 200 billion yuan of ultra-long-term special treasury bonds will be allocated to support large-scale equipment renewal.
9. Further promote the new type of urbanization that is people-oriented. Scientifically and orderly implement the process of urbanization for rural migrants, relax the conditions for participating in the high school entrance examination in the inflow areas based on local circumstances, and further improve the policy of linking "people, land and funds". High-quality carry out urban renewal, and steadily implement the renovation of old urban residential areas and urban villages.
10. Strengthen housing security for first-time married and first-time childbearing families, and support the upgrading housing needs of families with multiple children. Focus on stabilizing the real estate market. Implement differentiated policies to control the increase in supply, reduce inventory, optimize supply, explore multiple channels to revitalize existing commercial housing, and encourage the acquisition of existing commercial housing for use in affordable housing, etc. Promote the construction of "good houses" that are safe, comfortable, green, and smart in an orderly manner.
In terms of green and low-carbon aspects, the requirements are:
This year, the carbon dioxide emissions per unit of GDP have decreased by approximately 3.8%.
2. Improve policies to promote green and low-carbon development, implement actions to enhance efficiency, reduce costs, and lower carbon emissions in key industries, and further promote the construction of zero-carbon parks and factories.
3. Effectively control high-energy-consuming and high-emission projects, accelerate the elimination of backward production capacity, and support the innovation and application of green and low-carbon technologies and equipment. Improve the total resource management system and the comprehensive conservation system, and strengthen the recycling of renewable resources.
4. Implement a dual control system for total carbon emissions and intensity, improve the carbon emission statistics and accounting system, as well as the carbon footprint management system, and further expand the coverage of the carbon emission trading market.
In terms of new productive forces, the requirements are:
Implement a new round of actions for high-quality development of key manufacturing industries, strengthen the reengineering of industrial foundations and the research and development of major technological equipment, and create a number of national advanced manufacturing clusters.
2. Deepen and expand the "artificial intelligence +" strategy, accelerate the promotion of new-generation intelligent terminals and intelligent entities, promote the commercial-scale application of artificial intelligence in key industries and fields, and cultivate new intelligent business models and forms.
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