Central Economic Work Conference: Eight Key Tasks to Be Grasp in 2021

The annual Central Economic Work Conference will be held in Beijing from December 16 to 18, 2020 . It is clear that in 2021 "to continue to implement active fiscal policies and prudent monetary policies, to maintain the necessary support for economic recovery, to be more accurate and effective in policy operation, not to make sharp turns, and to grasp the effectiveness of policies. It is necessary to make good use of the precious time window, concentrate on promoting reform and innovation, and take high-quality development as the general tone of the 14th five-year Plan. The meeting determined that the following eight key tasks should be grasped in 2021.

One is to strengthen the national strategic scientific and technological strength. We should give full play to the role of the state as the organizer of major scientific and technological innovation, adhere to the strategic demand orientation, determine the direction and focus of scientific and technological innovation, and strive to solve major problems restricting national development and security. It is necessary to give full play to the advantages of the new national system, give full play to the role of the national team of important colleges and universities, and promote the optimal allocation of scientific research forces and the sharing of resources. It is necessary to promptly formulate and implement a ten-year action plan for basic research, focus on the layout of a number of basic discipline research centers, and support the construction of international and regional scientific and technological innovation centers in places where conditions permit. It is necessary to give full play to the main role of enterprises in scientific and technological innovation, support leading enterprises to form innovation consortia, and promote the innovation activities of small and medium-sized enterprises. International scientific and technological exchanges and cooperation should be strengthened. It is necessary to speed up the training of domestic talents so that more young talents can stand out. It is necessary to improve the incentive mechanism and the science and technology evaluation mechanism, and implement the mechanism of "unveiling the list of leaders" and other mechanisms for tackling key problems. It is necessary to standardize scientific and technological ethics, establish a good style of study and style of work, and guide scientific research personnel to concentrate on their work and make solid progress.

The second is to enhance the independent and controllable ability of the industrial chain supply chain. The security and stability of the industrial chain supply chain is the basis for building a new development pattern. It is necessary to coordinate the promotion of making up for shortcomings and forging long boards, implement key core technology research projects in response to weak links in the industry, solve a batch of "stuck necks" problems as soon as possible, and work hard in industrial advantage areas to develop more unique skills. It is necessary to implement the industrial foundation reengineering project and lay a solid foundation for basic components, basic processes, and key basic materials. To strengthen the top-level design, application traction, the whole machine drive, strengthen the supply of common technology, in-depth implementation of quality improvement action.

3 is to adhere to the strategic basis of expanding domestic demand. The formation of a strong domestic market is an important support for building a new development pattern, and effective institutional arrangements must be made in rationally guiding consumption, savings, and investment. The most fundamental thing to expand consumption is to promote employment, improve social security, optimize the structure of income distribution, expand middle-income groups, and solidly promote common prosperity. It is necessary to combine the expansion of consumption with the improvement of people's quality of life. Orderly abolition of some administrative restrictions on consumer purchases, to fully tap the consumption potential of counties and townships. It is necessary to improve the vocational and technical education system and achieve fuller and higher quality employment. It is necessary to reasonably increase public consumption and improve the efficiency of public service expenditures such as education, medical care, pensions, and childcare. To enhance the investment growth momentum, continue to play a key role. We should give full play to the guiding and leveraging role of investment in the central budget in areas with strong spillover and high social benefits. Stimulate the investment vitality of the whole society. We should vigorously develop the digital economy and increase investment in new infrastructure. It is necessary to expand investment in the upgrading of manufacturing equipment and technological transformation. It is necessary to implement urban renewal actions, promote the transformation of old urban communities, and build a modern logistics system. It is necessary to strengthen unified planning and macro guidance, coordinate the industrial layout, and avoid repeated construction of emerging industries.

The fourth is to comprehensively promote reform and opening up. To build a new development pattern, we must build a high-level socialist market economic system, implement a high-level opening up, and promote the mutual promotion of reform and opening up. We should improve macroeconomic governance and strengthen international macroeconomic policy coordination. It is necessary to thoroughly implement the three-year reform of state-owned enterprises, optimize the development environment of the private economy, improve the modern enterprise system, improve corporate governance, and stimulate the vitality of various market entities. It is necessary to relax market access, promote fair competition, protect intellectual property rights, build a unified market, and create a market-oriented, legalized, and international business environment. It is necessary to improve the governance of financial institutions, promote the healthy development of the capital market, improve the quality of listed companies, and combat all kinds of debt evasion. We should standardize the development of the third pillar pension insurance. Actively consider joining the Comprehensive and Progressive Trans-Pacific Partnership Agreement. It is necessary to vigorously improve the domestic regulatory capacity and level, improve the security review mechanism, and attach importance to the use of internationally accepted rules to safeguard national security.

Five is to solve the problem of seeds and arable land. The key to ensuring food security lies in the implementation of the strategy of storing food in the ground and storing food in technology. It is necessary to strengthen the protection and utilization of germplasm resources and strengthen the construction of seed banks. It is necessary to respect science, strictly supervise, and promote the industrial application of biological breeding in an orderly manner. To carry out the seed source "stuck neck" technology research, determined to fight a seed industry turnaround. It is necessary to firmly hold the red line of 1.8 billion mu of arable land, resolutely curb the "non-agriculturalization" of arable land, prevent "non-grain", and standardize the balance of arable land occupation and compensation. It is necessary to build a national food security industrial belt, strengthen the construction of high-standard farmland, strengthen the construction of farmland water conservancy, and implement the national black land protection project. It is necessary to improve the supply and security capacity of grain and important agricultural and sideline products. It is necessary to strengthen the control of agricultural non-point source pollution.

Six is to strengthen antitrust and prevent disorderly expansion of capital. Anti-monopoly and anti-unfair competition are the inherent requirements for improving the socialist market economic system and promoting high-quality development. The state supports the innovation and development of platform enterprises, enhances international competitiveness, and supports the common development of the public and non-public sectors of the economy. At the same time, it must regulate development in accordance with the law and improve digital rules. It is necessary to improve the legal norms of platform enterprise monopoly identification, data collection and use management, and consumer rights protection. It is necessary to strengthen regulation, improve regulatory capacity, and resolutely oppose monopoly and unfair competition. Financial innovation must be carried out under the premise of prudential supervision.

Seven is to solve the outstanding problem of housing in big cities. Housing issues are related to people's well-being. We must adhere to the positioning that the house is for living, not for speculation, and take measures in accordance with local conditions and multiple strategies to promote the stable and healthy development of the real estate market. We must attach great importance to the construction of affordable rental housing, accelerate the improvement of long-term rental housing policies, gradually make rental and purchase housing have the same rights in enjoying public services, and standardize the development of the long-term rental housing market. Land supply should be tilted towards the construction of rental housing, separate land use plans for rental housing, explore the use of collective construction land and idle land owned by enterprises and institutions to build rental housing, and both state-owned and private enterprises should play a functional role. It is necessary to reduce the tax burden on rental housing, rectify the order of the rental market, standardize market behavior, and rationally regulate and control the level of rent.

Eight is to do a good job of carbon peaking and carbon neutralization. China's carbon dioxide emissions will reach its peak by 2030 and achieve carbon neutrality by 2060. We should promptly formulate an action plan for carbon emissions to reach the peak by 2030, and support places with conditions to take the lead in reaching the peak. It is necessary to speed up the adjustment and optimization of the industrial structure and energy structure, promote the peak of coal consumption as soon as possible, vigorously develop new energy, speed up the construction of a national trading market for energy use rights and carbon emissions, and improve the dual control system for energy consumption. We should continue to fight the battle of pollution prevention and control, and realize the synergistic effect of reducing carbon pollution. It is necessary to carry out large-scale land greening operations to enhance the carbon sink capacity of the ecosystem. (article from the network)