According to sources, after the two sessions of the National People's Congress, the National Development and Reform Commission, the People's Bank of China, the Ministry of Commerce and other central ministries and commissions set up research groups to go to the localities to check the implementation of the central series of economic boost measures. Since then, the central government has sent 24 inspection teams to various places to track the new central investment this year. Financial analysts analyzed that this round of large-scale intensive research activities will provide an important basis for the next stage of the central government's macro-tune decision-making in response to the financial tsunami.
It is understood that this round of inspections started at the end of March lasted for one month, and 24 inspection teams adopted two methods: resident inspection and patrol inspection. For provinces and cities with large investment volume and many investment projects, they adopted patrol inspection methods and local matching funds. Implementation will be the focus of inspection.
The ministries and commissioners sent in-depth local exploration. From the end of November last year to the end of January this year, the Central Discipline Inspection Commission and other departments have sent the first round of 24 central inspection teams to check the local implementation of 4 trillion yuan of investment.
According to reports, in the first round of inspections, no new central government investment was found in high-energy-consumption and high-pollution industries, low-level redundant construction and overcapacity industry projects, and projects for office buildings such as party and government offices. In violation of the regulations, no violations of discipline and law such as bribery, corruption, embezzlement, seizure or misappropriation were found. However, in some places, there are problems such as insufficient preparation in the early stage, differences in declarations and actual conditions, and unauthorized expansion or reduction of the scale of construction.
It is understood that since the end of March, the main ministries and commissions of the central macro-control have joined the ranks of the survey. These departments sent a research team led by the deputy minister or the head of the department, and conducted in-depth research in various fields. The National Development and Reform Commission, the Bureau of Statistics, and the People's Bank of China focus on the overall economic situation, policy implementation, and business operations of the localities. The Ministry of Commerce focuses on the field of circulation and foreign trade. The Ministry of Construction and the Ministry of Land and Resources examine the real estate market. The Ministry of Human Resources and Social Security focuses on employment. Happening.
Since the impact of the international financial crisis on China in the fourth quarter of last year, the central government quickly responded by proposing a series of response plans to expand domestic demand, and implemented them on the eve of the National Conference.
Premier Wen Jiabao of the State Council further clarified the government's policies in response to the current economic crisis at the two sessions. Analysts believe that the main task of the next phase of the central ministries is to implement policies and track new trends.
Analysis of the effectiveness of growth measures Economic analysts believe that the Chinese economy has now entered a delicate time window. Historical experience shows that it takes about three to six months from policy introduction, transmission to manufacturing, driving demand growth, expanding production capacity, and ultimately achieving investment growth. Now, in November last year, the central government announced that the 4 trillion yuan investment plan has been in March, and the measures taken by the government began to show results. This round of large-scale research was carried out under such a time background.
They stressed that although there are uncertainties in the international economic trend, confidence in the domestic market is recovering remarkably, and a series of policies adopted by the government have initially shown positive effects. After the Spring Festival this year, the mainland capital market took the lead in showing signs of activity. The expansion of government investment led to a decline in corporate inventories in the first quarter. The prices of production data such as steel and copper increased slightly, and household consumption maintained normal growth, especially the rapid recovery of electricity consumption. People are uplifted, but this growth is a shocking recovery or a bottoming out, and the signs are still unclear. The central government will conduct a survey of the momentum of economic recovery and provide a basis for the next decision.
The central ministries and commissions investigated the nine key points 1. The implementation of the various policies and measures issued by the central government and the results, the judgment of the next step, especially the economic trend in the first half of the year, and listened to the suggestions of local governments and enterprises on the next step of macroeconomic regulation and control;
2. Measures needed to further expand domestic demand, especially to expand consumer demand;
3. Increase the progress of central investment projects and the implementation of local supporting funds;
4. The real estate market situation;
5. Foreign trade import and export situation;
6. Implementation of the policy of strengthening farmers and benefiting farmers;
7. Accelerate the transformation of structural adjustment and development mode;
8. The overall situation of current employment;
9. The supporting role of science and technology in economic growth.
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