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How to issue 1 trillion ultra-long-term special treasury bonds?

author:New Express

On April 17, the Information Office of the State Council held a press conference on the macroeconomic situation and policies. Liu Sushe, deputy director of the National Development and Reform Commission, said that the National Bureau of Statistics announced the main indicators of the national economy in the first quarter of this year on the 16th. On the whole, in the first quarter, the economic operation continued to pick up and improve, the economic growth rate exceeded expectations, the economic structure continued to be optimized, the quality and efficiency improved, the employment price was basically stable, the market expectation improved overall, the overall social situation remained stable, and the economic and social development achieved a good start.

Liu Sushe pointed out that at present, the positive factors in economic operation continue to increase, but the external environment is complex, severe, and uncertain, the effective domestic demand is insufficient, social expectations are weak, the foundation for economic stability and improvement is not yet solid, and economic operation is still facing many risks and challenges.

Liu Sushe said that the National Development and Reform Commission will, in accordance with the deployment of the Central Economic Work Conference and the clear tasks of the "Government Work Report", adhere to the principle of seeking progress while maintaining stability, promoting stability with progress, establishing first and then breaking down, increase the implementation of macro policies, implement the recent large-scale equipment renewal and consumer goods trade-in action plan, greater efforts to attract and utilize foreign investment action plan and other policies, accelerate the implementation of ultra-long-term special treasury bonds and other measures, continue to strengthen the construction of a modern industrial system, expand domestic demand, We will comprehensively deepen reform and expand high-level opening-up, coordinated development of urban and rural areas, green and low-carbon development, safeguard and improve people's livelihood, and prudently prevent and resolve risks in related fields, and actively cultivate and develop new quality productive forces. At the same time, we will strengthen the guidance of expectations, enhance market confidence, make every effort to consolidate and enhance the positive trend of economic recovery, and promote the high-quality completion of the annual economic and social development goals and tasks.

National Development and Reform Commission: The central budget investment plan has been issued more than 200 billion yuan

Liu Sushe, deputy director of the National Development and Reform Commission, said that the National Development and Reform Commission has taken the following measures in terms of giving full play to the role of government investment in driving and amplifying:

First, it is necessary to speed up the issuance of investment plans within the central budget. A total of 700 billion yuan has been allocated for investment in the central budget this year. The National Development and Reform Commission, together with all relevant parties, insists on paying equal attention to quality and efficiency, strengthens project reserves and preliminary work, and organizes the preparation of investment plans. Up to now, more than 200 billion yuan has been allocated in the central budget investment plan, accounting for more than 30% of the annual total. The National Development and Reform Commission will further accelerate the issuance of the plan, strengthen the implementation of the plan, and at the same time earnestly grasp the construction and supervision of the project, and continue to improve the efficiency of the use of funds in the central budget.

The second is to complete the preliminary screening of local government special bond projects. This year's special bond scale is 3.9 trillion yuan. Previously, the National Development and Reform Commission (NDRC) and the Ministry of Finance (MOF) appropriately expanded the scope of special bonds and industries to be used as project capital. Recently, in accordance with the division of responsibilities for special bonds, the National Development and Reform Commission has checked the investment areas and preliminary work of local projects, and completed the preliminary screening of special bond projects this year, which has been pushed to the Ministry of Finance and fed back to the localities. On the whole, the number of projects that have passed the preliminary screening is sufficient and the capital demand is large, which has laid a solid project foundation for the issuance and use of special bonds throughout the year. The National Development and Reform Commission will work with relevant parties to form a final list of projects to be prepared as soon as possible, urge local governments to speed up the issuance and use of bonds, and promote the formation of more physical workload for projects.

The third is to accelerate the construction and implementation of additional treasury bond issuance projects in 2023. In February this year, the National Development and Reform Commission (NDRC) completed the issuance of all three batches of projects totaling 1 trillion yuan in additional treasury bonds, and the funds for the additional issuance of treasury bonds have been implemented to about 15,000 specific projects. Since March, the National Development and Reform Commission (NDRC) has established an online scheduling mechanism to supervise the project to speed up the start of construction, and has worked with relevant industry authorities to carry out full-chain and full-cycle supervision of the implementation of the project. At present, the NDRC has completed the supervision of the first batch of 12 provinces, and other provinces have also carried out self-inspections, and the second and third batches of supervision will be organized within the year. Tomorrow (18th), the National Development and Reform Commission will also organize a national video and telephone conference on the implementation and promotion of additional treasury bond projects in 2023 to inform the progress and supervision of the project, rectify and rectify the problems found in a timely manner, further consolidate the responsibility of local entities, and promote the construction of all additional treasury bond projects before the end of June this year.

At the same time, the National Development and Reform Commission will effectively drive the investment of the whole society through government investment and policy incentives, and implement various policies to guide private investment. The specific work includes giving full play to the role of the national public-private partnership project information system that has been launched, fully implementing the specific requirements of the outline of the franchise plan, and implementing the new mechanism of public-private partnership; publicly promoting more major projects to attract private capital participation; studying and expanding the scope of investment-loan linkage pilot cooperative banks, guiding banks to continue to increase financing support for private investment projects and national key projects, and taking multiple measures to mobilize the enthusiasm of private investment.

"With the opening of airspace as a guarantee", the National Development and Reform Commission said that it will promote the healthy development of the low-altitude economy

Jin Xiandong, director of the Policy Research Office of the National Development and Reform Commission, said at the press conference that the low-altitude economy is a strategic emerging industry with broad prospects and a typical representative of new quality productivity. Therefore, it is of great significance and bright prospects to actively and steadily promote the development of low-altitude economy.

He said that the mainland's development of low-altitude economy "has policies, foundations, and capabilities", "At the same time, we must also see that the mainland's low-altitude economic development is still in its infancy, and there are still many difficulties and challenges in strengthening top-level design, improving safety supervision capabilities, improving infrastructure and basic rules and systems, and cultivating new market formats." ”

Jin Xiandong said that in the next step, the National Development and Reform Commission will coordinate and cooperate with relevant departments, adhere to the principle of seeking progress while maintaining stability, better coordinate high-quality development and high-level safety, and promote the formation of a good situation of healthy development of the low-altitude economy with rich and diverse scenarios, intelligent and efficient supply, and standardized supervision and safety.

National Development and Reform Commission: Promote the transformation of kindergartens with reduced student resources into childcare services

For the field of elderly care and childcare, Liu Sushe, deputy director of the National Development and Reform Commission, said that the National Development and Reform Commission has continuously improved the "one old and one small" service around the three aspects of "expanding the increment, optimizing the stock, and improving the quality".

In terms of expanding the increment, Liu Sushe said that during the 14th Five-Year Plan period, the National Development and Reform Commission added a special project to actively respond to the aging of the population and the construction of childcare, giving full play to the demonstration and driving role of the central government's investment. In 2024, the National Development and Reform Commission will further increase the support for investment in the central budget, focusing on supporting the construction of the "one old and one small" facility service system.

In terms of optimizing the stock, in view of the insufficient supply of childcare on the one hand, and the surplus of kindergarten resources on the other hand, the National Development and Reform Commission will work with relevant departments to promote the overall allocation of 0~6-year-old childcare service resources, support the overall transformation of kindergartens with reduced students or the development of childcare services, and promote the orderly connection of 0~3-year-old and 3~6-year-old service supply.

In terms of improving quality, Liu Sushe said that the National Development and Reform Commission will do a good job in the implementation of the "26 articles of the silver economy", and will organize the implementation of the quality assessment of childcare institutions with relevant departments, "do good things well, and do practical things".

The National Development and Reform Commission talks about ultra-long-term special treasury bonds: it will step up efforts to promote the introduction and implementation of relevant supporting policies

With regard to ultra-long-term special treasury bonds, Liu Sushe, deputy director of the National Development and Reform Commission, said at the press conference that the central authorities have decided to issue ultra-long-term special treasury bonds in the next few years, starting this year, to be used exclusively for the implementation of major national strategies and security capacity building in key areas. In accordance with the arrangements of the CPC Central Committee and the State Council, the NDRC and relevant departments have studied and drafted an action plan to support the country's major strategies and security capacity building in key areas, and will begin to organize its implementation after approval and approval.

Liu Sushe pointed out that the action plan adheres to goal-oriented and precise breakthroughs, concentrates on supporting a number of important and difficult things that are related to modernization, urgently needed for development, have been wanted to do for many years but have not been able to do, and need to be promoted at the central level, adhere to the benign interaction between high-quality development and high-level security, and consolidate the foundation for national security and long-term development; adhere to the overall planning of hard investment and soft construction, and use reform methods and innovative ideas to break down deep-seated obstacles; adhere to step-by-step implementation, orderly progress, and issue 1 trillion yuan of ultra-long-term special treasury bonds in 2024.

Liu Sushe introduced that in terms of support areas, the focus is on accelerating the realization of high-level scientific and technological self-reliance and self-reliance, promoting the integrated development of urban and rural areas, promoting regional coordinated development, improving the security of food and energy resources, promoting high-quality population development, and comprehensively promoting the construction of a beautiful China The National Development and Reform Commission will take the lead in conjunction with relevant departments to effectively strengthen overall coordination, do a good job in financial guarantees, optimize investment methods, and increase supervision, especially to build a number of projects with more mature and qualified conditions in the early stage as soon as possible, and will also pay close attention to promoting the introduction and implementation of relevant supporting policies, through institutional and mechanism reform to break down deep-seated obstacles, and form a joint force with the construction of major projects, to ensure that the clear tasks of the action plan are implemented with high quality.

National Development and Reform Commission: Accelerate the legislative process of the "Private Economy Promotion Law", and put down the requirements for equal treatment of state-owned enterprises and private enterprises from the system and law

Yuan Da, deputy secretary-general of the National Development and Reform Commission, said at the press conference that in terms of boosting the development expectations and confidence of the private economy, the National Development and Reform Commission will further intensify its work, do a good job in overall coordination, and highlight three aspects of work:

The first is to strengthen the protection of the rule of law. Accelerate the legislative process of the "Private Economy Promotion Law", constantly improve the system and mechanism of adhering to the "two unswerving", speed up the system and law to reduce the requirements for equal treatment of state-owned enterprises and private enterprises, and effectively give play to the role of the rule of law in consolidating the foundation, stabilizing expectations, and benefiting the long-term.

The second is to effectively solve the problems of enterprises. Build and make good use of the comprehensive service platform for the development of the private economy, form a joint force and implement a closed loop of collection, handling, feedback, tracking and efficiency, strengthen the coordination and resolution of common problems restricting the development of the private economy, highlight typical problems, and effectively achieve the goal of securing, protecting, stabilizing and benefiting enterprises.

The third is to continue to create a good atmosphere. Implement the normalized communication and exchange mechanism, regularly organize and convene on-site meetings to promote the development and growth of the private economy, thoroughly implement the cultivation and empowerment plan for private economic personnel in the new era, summarize and promote the typical experience and practices of promoting the high-quality development of the private economy in various places, and actively create a good environment to encourage and support the development of the private economy.

Source: Southern + reporter Wang Shikun and Wu Binbin