february foreign exchange reserves decreased by US $7.8 billion, which is mainly due to the decline in asset prices
According to the latest data released by the State Administration of foreign exchange on March 7, as of the end of February 2022, China’s foreign exchange reserve balance was US $3213827 billion, a decrease of US $7.805 billion or 0.24% month on month in February. Wang Chunying, deputy director of the State Administration of foreign exchange and spokesman, explained that in February 2022, cross-border capital flows were stable and orderly, and the supply and demand in the domestic foreign exchange market were basically balanced.
continuous feedback from several securities companies: the number of two financial early warning accounts has not increased significantly throughout the day
A shares opened low and went low today, with large fluctuations. The two financial situations have attracted much attention. As of today’s closing, a number of interviewed securities companies said that the current two financial early warning remained at a normal level. A person in charge of East China head Securities branch told reporters that from the perspective of the whole branch, there are only more than 10 accounts with a guarantee ratio of less than 135%, which is still in the normal range.
Zheng Xinjian, director of the fourth Supreme People’s Procuratorate: illegal fund-raising with new concepts such as Yuan universe began to rise
During the two sessions this year, the 21st Century Business Herald reporter interviewed Zheng Xinjian, director of the fourth procuratorial Office of the Supreme People’s Procuratorate, and talked about the characteristics of current financial crimes and relevant measures taken by procuratorial organs. Zheng Xinjian pointed out that the illegal and criminal situation in the financial field is still complex and severe. Criminal cases in the fields of online lending, private equity funds and housing for the elderly are still high and frequent. Illegal fund-raising under the new concepts of meta universe and NFT began to take the lead.
CPPCC members suggested abolishing the shared area of commercial housing: people who can’t see or touch it bear high expenses
On the morning of March 7, “it is suggested to cancel the shared area of commercial housing” was the first topic of microblog hot search, which aroused widespread concern. In the process of performing his duties, Hong Yang, a member of the CPPCC National Committee, found that “what area is shared and how much area is shared” is a fog, which can only be “opened up” by the developer, and the owner has no right to defend. Hong Yang strongly recommends that the state cancel the shared area! The actual shared area cost can be calculated into the practical area. Let Lbx Pharmacy Chain Joint Stock Company(603883) understand the payment and purchase with confidence. At the same time, it also resolves many contradictions and disputes between owners and developers and promotes social harmony.
avoiding loopholes in the tax collection and management of rich immigrants deputies to the National People’s Congress proposed the introduction of a nationality abandonment tax
Chen Jingying, deputy to the National People’s Congress and counsellor of the Shanghai Municipal People’s government, told first finance that in view of the current loopholes in China’s tax collection and management for rich immigrants and the phenomenon that some rich immigrants still make money in China after tax evasion, it is suggested to amend the enterprise income tax law and the individual income tax law to pay taxes on abandoned immigrants Individual income tax collection and management and collection and management process should be improved.
will the conflict between Russia and Ukraine affect China’s economy? The national development and Reform Commission responded
Lian Weiliang, deputy director of the national development and Reform Commission, said that the recent escalation of the conflict between Russia and Ukraine has had an impact on the global energy market, and the international crude oil and natural gas prices have further risen. Due to the high proportion of crude oil and natural gas in China, it will be affected, and the import cost will rise objectively. But overall, the impact is controllable.
3-7 CCTV news broadcast Financial Highlights
[the general secretary is with us] hold China’s rice bowl and make a good bottom line for people’s livelihood
China Central Television network news (News Network): Xi Jinping general secretary’s important speech during his visit to members of the agricultural, social welfare and social security sectors attending the CPPCC session on the 6th aroused warm repercussions among the members of the CPPCC National Committee. They said that we should keep in mind the entrustment and live up to our mission, better stabilize and secure China’s rice bowl, grasp the initiative of food security, hold the bottom line of people’s livelihood, and take practical actions to welcome the victory of the 20th CPC National Congress.
On the afternoon of June 6, the joint group meeting of agricultural circles, social welfare and social security circles welcomed Xi Jinping general secretary.
Yang Fengji was the first member to speak. He reported to the general secretary of Xi Jinping that his hometown Baisha Li Autonomous County in Hainan Province will lift the hat of poverty alleviation in 2020, vigorously develop rural industries and consolidate and expand the achievements of poverty alleviation.
Solving the problems of agriculture, rural areas and farmers has always been the concern of Xi Jinping general secretary. At the joint group meeting, the members once again strongly felt the general secretary’s deep love for the land and the true love for the countryside. The general secretary pointed out that food security is “the greatest of the country”. We should not be careless. We should take precautions and always tighten the string of food security. This heavy advice makes everyone feel the responsibility and glory of the mission.
Xi Jinping General Secretary stressed that eating is the most important thing for everything. Food is the most important thing for the people. From the strategic perspective of the national economy, the people’s livelihood and national security, the general secretary stressed the important position of food security, which is “the largest of the country”, and made a series of in-depth elaboration and scientific deployment on how to do a good job in food production. Everyone said that this provides ideological guidance and action guidance for how to secure China’s rice bowl in the next step.
People’s livelihood is no small matter, and the branches and leaves are always concerned Xi Jinping General Secretary pointed out that we should continue to make efforts to promote the high-quality development of social security, enhance the unity and standardization of the system, develop a multi-level and multi pillar old-age insurance system, and bring more people into the social security system. We should pay special attention to, care for and care for the needy people and help them solve their problems. One by one, the guidelines and instructions anchor the current problems and point out the development road of common prosperity. The general secretary’s Thoughts on the well-being of people’s livelihood make everyone feel warm.
At the joint group meeting, we also received a special touch. On behalf of the CPC Central Committee, general secretary Xi Jinping extended congratulations and blessings on women’s day on March 8. Peaceful and warm words showed respect and care.
the fifth session of the 13th CPPCC National Committee held its second plenary meeting
CCTV news (news broadcast): the second plenary meeting of the fifth session of the 13th CPPCC National Committee was held in the Great Hall of the people on the morning of July 7.
Wang Yang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and chairman of the CPPCC National Committee, attended the meeting. 12 members made speeches at the meeting.
Sun Chunlan, member of the Political Bureau of the CPC Central Committee and vice premier of the State Council, Huang Kunming, member of the Political Bureau of the CPC Central Committee, member of the Secretariat of the CPC Central Committee and director of the Propaganda Department of the CPC Central Committee, and responsible comrades of relevant departments of the CPC Central Committee and the State Council were invited to attend the meeting to listen to speeches.
Vice chairmen of the CPPCC National Committee Zhang Qingli, Liu Qibao, Wan Gang, he Houhua, Lu Zhangong, Ma Biao, Chen Xiaoguang, Liang Zhenying, Li Bin, bater, Wang Yongqing, he Lifeng, Su Hui, Zheng Jianbang, Gu Shengzu, Liu Xincheng, He Wei and Gao Yunlong attended the meeting.
Shao Hong, vice chairman of the CPPCC National Committee, presided over the meeting.
Member Ge Huijun said in his speech that this year, the Communist Party of China will hold its 20th National Congress, which is a major, important and happy event in the political life of the party and the state. CPPCC members and CPPCC workers should deeply understand the decisive significance of the “two establishment”, shoulder the responsibilities and missions of the CPPCC in the new era with high spirit and full enthusiasm for performing their duties, and always be a firm builder of the common ideological and political foundation, a loyal practitioner of socialist consultative democracy, and a tireless fighter for the new era, Deliver satisfactory answers to the party and the people by performing their duties with high quality.
Member Wang Yiming said in his speech that China’s economy is “stable” and can be expected to “advance” with momentum. It shows resilience under pressure, breeds opportunities in challenges, opens an innovative Bureau in the changing situation, and the fundamentals of long-term improvement have not changed. As long as we strengthen our confidence and concentrate on our own affairs, the giant ship of China’s economy will be stable and far-reaching.
On behalf of the Central Committee of the National Revolutionary Committee, member Wang Hong said that expanding rural industries is not only the need to consolidate and expand the achievements of poverty alleviation, but also the inevitable requirement of Rural Revitalization and rural sustainable development. We should build a new pattern of rural industrial development based on rural characteristics, driven by urban-rural integration and focusing on Farmers’ entrepreneurship, consolidate the industrial foundation and promote rural revitalization.
Gao Peiyong said in his speech that to promote the common prosperity of all the people, we should correctly handle the relationship between efficiency and fairness. On the basis of “making the cake bigger”, we should “divide the cake”, pay attention to the fairness of opportunity and process, adhere to the basic socialist economic system, adhere to the “two unwavering”, pay equal attention to economic development, social progress and the improvement of people’s lives, set development goals according to time and local conditions, and rely on the common struggle of all the people to promote common prosperity.
On behalf of the all China Federation of industry and commerce, member Liu Zhendong said that we should give full play to the positive role of private enterprises in stabilizing growth, strengthen expected guidance, solve the blocking points, pain points and difficulties in the development of small and medium-sized enterprises, activate and standardize private investment, maintain fair competition market order, improve the internal control system of enterprises and hold the bottom line of growth.
In his speech, member Chen Mengshan suggested that the state should take the lead in building a high-level national food security industrial belt and comprehensively improve the comprehensive grain production capacity in the Northeast Plain, the Huang Huai Hai Plain and the middle and lower reaches of the Yangtze River; Promote intensive grain processing and efficient breeding, and comprehensively improve the comprehensive benefits of grain; Build a grain transportation corridor, form an efficient supply chain with production, rapid adjustment and supply, and lay a solid foundation for national food security.
Shen NANPENG said in his speech that we should work together to promote “carbon reduction” and coordinated development between the East and the west, and turn the clean energy advantage of the western region into an economic advantage; Increase the allocation and construction of cross regional renewable energy; Take the carbon emission per unit of GDP as a new yardstick for industrial undertaking, so that the clean energy industry can grow nearby in the West; Quantify and compensate the carbon contribution, and use market-oriented means to add green and gold.
Speaking on behalf of the Central Committee of the Democratic Progressive Party, member Huang Zhen said that the “double reduction” policy is a major measure to ensure educational equity and a correct way to promote the all-round development and healthy growth of students. We should do a good job in policy publicity and interpretation, improve the basic education security system, deepen the comprehensive reform of education, further narrow the gap between urban and rural areas and between schools in basic education, promote the integration, diversification and characteristic development of general and vocational education in senior high school, and better promote the effectiveness of the “double reduction” policy.
Member Tian Qinxin said in his speech that literary and artistic workers should stick to the people’s position, devote themselves to life, adhere to integrity and innovation, sing songs for the people with true feelings, and create epic works of the new era reflecting “the changes of the times, the progress of China and the call of the people”, so as to create the literary and artistic peak of the new era.
Wei Mingde said in his speech that Hong Kong, with its back to the motherland and facing the world, has the advantages of “one country, two systems” system and can play a more important role in building a community with a shared future for mankind. After the outbreak of the fifth wave of covid-19 pneumonia in Hong Kong, Xi Jinping general secretary was very concerned, and the Central Committee fully supported the fight against the epidemic in Hong Kong. We firmly believe that under the strong leadership of the CPC Central Committee, we will be able to win this anti epidemic war. After the epidemic, Hong Kong will attach importance to the glory of the “Pearl of the East”, and will give better play to its unique advantages and role to contribute to world peace and development.
On behalf of the Central Committee of the Taiwan Democratic self government League, member Zhang Zexi said that while sharing the development opportunities of the motherland, Taiwan compatriots should jointly undertake the sacred mission of promoting the great rejuvenation of the Chinese nation. We should resolutely implement the CPC’s overall strategy for solving the Taiwan issue in the new era, closely unite the broad masses of Taiwan compatriots, work together, forge ahead, constantly promote the peaceful and integrated development of both sides of the Strait, and accumulate a more solid public opinion foundation for the complete reunification of the motherland.
Member Sun Dongsheng said in his speech that the “simple, safe and wonderful” Winter Olympic Games came to a successful conclusion, and the winter Paralympic Games arrived as promised. This is another important contribution of the Chinese people to the development of the International Olympic movement, and shows the world that mankind can move forward hand in hand, unite and cooperate in the face of difficulties, and contribute to the final victory of the epidemic It has injected strong confidence and impetus into the prosperity and development of the world. We should continue to tell the Olympic story well, inherit the Olympic heritage, carry forward the Olympic spirit, enhance self-confidence in development, empower national rejuvenation, and promote the construction of a community with a shared future for mankind.
the fifth session of the 13th CPPCC National Committee held a video conference
CCTV news (news broadcast): the fifth session of the 13th CPPCC National Committee held a video conference on the afternoon of July 7. Wang Yang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and chairman of the CPPCC National Committee, attended the meeting. 12 members made speeches at the meeting. The main venue of the meeting shall be set up in the organs of the CPPCC National Committee and sub venues shall be set up in the residence of members.
You Quan, Secretary of the Secretariat of the CPC Central Committee and director of the United Front Work Department of the CPC Central Committee, attended the meeting to listen to the speech. Responsible comrades of relevant departments and units of the State Council were invited to participate in the meeting online through the Internet.
Vice chairmen of the CPPCC National Committee Zhang Qingli, Liu Qibao, Wan Gang, he Houhua, Lu Zhangong, Ma Biao, Chen Xiaoguang, Liang Zhenying, Xia Baolong, Li Bin, Bartel, Wang Yongqing, he Lifeng, Su Hui, Zheng Jianbang, Gu Shengzu, Liu Xincheng, He Wei and Shaohong attended the meeting.
The meeting was presided over by Gao Yunlong, vice chairman of the CPPCC National Committee.
Member Li Daokui said that China’s development is still in an important period of strategic opportunities at present and in the future. We should establish a national unified market, further release the strong expansion tension inherent in the market economy, protect and make good use of human resources, consolidate the basic driving force of long-term economic development, promote scientific and technological innovation, take the initiative to open to the outside world, seize the development strategic opportunity, and create a new miracle of China’s economic development.
Speaking on behalf of the NLD Central Committee, member Chen Qun said that China’s urban development has shifted from incremental expansion to connotation and quality improvement. We should adhere to the value orientation of people-centered, improve the quality of public services and make up for the shortcomings in the field of people’s livelihood; Promote the organic renewal of old cities and protect and inherit history and culture; Realize multi-agent cooperation and promote the pattern of joint construction and sharing; Strengthen urban quality management, actively carry out urban physical examination, and promote urban renewal in a scientific and orderly manner.
On behalf of the Central Committee of the Zhigong party, member Zhang endi said that to build a new development pattern, we should give play to the role of double cycle nodes, strengthen and expand the Chinese market, effectively expand domestic demand, promote the integration of innovation chain and industrial chain, steadily implement the “double carbon” strategy, promote personnel exchanges and exchanges, and promote high-quality economic development.
Cai Wei, speaking on behalf of the Central Committee of the rural labor party, said that at present, the government and the market should “work with both hands” to accelerate the reform and development of the pharmaceutical and medical device industry, maintain the integrity of the industrial chain and supply chain, improve the innovation ability, industrial supervision level and industrial concentration, promote the equal development and organic combination of traditional Chinese medicine industry and Western medicine, and promote international cooperation to achieve mutual benefit and win-win results, Make the pharmaceutical and medical device industry play a greater role in ensuring people’s health needs.
Speaking on behalf of the non party personages, member Gao Hongjun said that to build a strong and modern country in science and technology, we must make up for the shortcomings of science popularization and forge a “wing of Science Popularization”. Accelerate the revision of the science popularization law and its supporting implementation policies, establish the “great science popularization strategy” as a national strategy, make full use of high-level scientists and abundant scientific and technological resources, and carry out high-level scientific quality improvement actions.
Member Yuan Wen said in a speech that we should establish a positive outlook on aging in the whole society and create a good social atmosphere for the elderly to have something to do; Break down the barriers that may affect the social participation of the elderly; Support and encourage the elderly to participate in voluntary services and improve their sense of access, happiness and security.
On behalf of the Central Committee of the Jiusan Society, member Qian Feng said that we are more eager for talents, especially young scientific and technological talents, than at any time in history. We should break down seniority and let more young talents shoulder the burden of scientific research; Allocate high-quality scientific and technological resources to more young talents; Strive to break the restrictions on the flow of outstanding young scientific and technological talents and broaden the growth channels; We will further reform and improve the policy to guarantee the treatment of young talents, and cultivate a soil of knowledge, love, respect and use of talents.
On behalf of the Communist Youth League, member Fu Zhenbang said that greater efforts should be made to encourage childbirth and promote good birth and child rearing; Establish legal and policy guidance to encourage childbirth; Actively build a comprehensive chain of supporting policies to encourage fertility; Vigorously protect the rights and interests of mothers and women’s employment rights and interests; Promote balanced and sustainable population development.
On behalf of the religious community, member Shen Bin said that only when religious rules are eliminated can faith be pure; Only when the teaching style is strict can we establish an image. We should strengthen self-education and have the courage to purify ourselves; We should strengthen self-management and promote teaching according to law; We should strengthen self-discipline, take the initiative to act, further promote the Sinicization of Chinese religions, better adapt to the socialist society with Chinese characteristics, and promote the healthy inheritance of Chinese religions.
Member Liao Zeyun said in his speech that the construction of Hengqin Guangdong Macao deep cooperation zone has opened up new space and injected new momentum into the stable and far-reaching practice of “one country, two systems” in Macao. We should focus on the main line of “promoting the moderate and diversified development of Macao’s economy” to open up the situation, promote active investment and business development and pool social resources; Effectively learn from advanced management concepts and attract talents at home and abroad with high-quality livelihood services; Give full play to its advantageous role and write a new chapter in the practical exploration of “one country, two systems”.
Speaking on behalf of the Central Committee of the China Democratic National Construction Association, member Gao Feng said that the pilot free trade zone plays an irreplaceable role in promoting free trade and expanding opening to the outside world. We should combine strengthening top-level design with giving play to regional advantages and strengthen the function of serving the national strategy; Give full play to the leading role of the pilot Free Trade Zone in institutional innovation and promote the construction of the national unified market system; Deepen the reform and innovation of the system and mechanism of the pilot Free Trade Zone, promote institutional opening-up, and promote the high-quality development of the pilot free trade zone.
Member Zhang Min said in his speech that without the Communist Party, there would be no new China and there would be no Braun today; Following the Communist Party to build a common home for the Chinese nation is the only correct choice to achieve a happy life. We should stick to the oath of national unity, hold together like pomegranate seeds in the big family of the Chinese nation, and work together with confidence towards the great rejuvenation of the Chinese nation and a better tomorrow.
the financial and Economic Committee of the National People’s Congress carried out the review of the 2022 plan and budget according to law
CCTV news (news broadcast): on the morning of March 7, the financial and Economic Committee of the 13th National People’s Congress held a plenary meeting to further examine the 2022 plan report and draft plan, 2022 budget report and draft budget on the basis of preliminary examination and in accordance with the examination opinions of delegations and relevant special committees. On the basis of full discussion, The meeting adopted the report of the financial and Economic Committee of the 13th National People’s Congress on the review results of the implementation of the 2021 national economic and social development plan and the draft 2022 national economic and social development plan, and Report of the financial and Economic Committee of the 13th National People’s Congress on the review results of the implementation of the central and local budgets in 2021 and the draft central and local budgets in 2022, and decided to submit the two reports to the presidium of the Congress.
The financial and Economic Commission believes that the implementation of the national economic and social development plan is generally good in 2021. The draft national economic and social development plan for 2022 proposed by the State Council is guided by the thought of socialism with Chinese characteristics in a new era, meets the requirements of the outline of the 14th five year plan and the reality of China’s economic and social development, and makes a careful analysis of the more complex and severe external environment and the triple pressure of China’s shrinking demand, supply shock and weakening expectation, Corresponding arrangements have been made in the main tasks. The overall requirements, main expected objectives, main macro policy orientation and main tasks of national economic and social development are basically coordinated and matched, which is generally feasible. It is suggested that the fifth session of the 13th National People’s Congress approve the report on the implementation of the national economic and social development plan in 2021 and the draft national economic and social development plan in 2022 proposed by the State Council, and approve the draft national economic and social development plan in 2022.
The financial and Economic Committee believes that the implementation of the central and local budgets is generally good in 2021. The draft central and local budgets for 2022 proposed by the State Council are guided by the thought of socialism with Chinese characteristics in the new era, in line with the annual economic and social development goals and the overall requirements of macro-control, the overall requirements of budget preparation and financial work, the main revenue and expenditure policies, the estimated revenue and expenditure are basically coordinated and matched, and the existing difficulties The problems and challenges have been carefully analyzed and arranged accordingly, which is in line with the provisions of the budget law and is generally feasible. It is suggested that the fifth session of the 13th National People’s Congress approve the report on the implementation of the central and local budgets in 2021 and the draft central and local budgets in 2022 proposed by the State Council, approve the draft central budget in 2022, and approve the general debt balance limit of local governments of 15828922 billion yuan and the special debt balance limit of 21818508 billion yuan in 2022.
take strong measures to ensure the realization of the economic growth target
China Central Television network news (news broadcast): the Information Office of the State Council held a press conference today (March 7). The relevant person in charge of the national development and Reform Commission introduced the relevant situation around “adhering to the principle of keeping the word at the head, seeking progress while maintaining stability, and promoting new progress in high-quality development”. This year, we will achieve the economic growth target of about 5.5%. Therefore, we will further introduce and implement policies and measures to expand domestic demand, strive to maintain the good momentum of foreign trade development, fully grasp food security, energy security and industrial chain supply chain stability, and do a better job in epidemic prevention and control.
In addition, the relevant person in charge of the national development and Reform Commission also said that this year, we will further promote the reform of the economic system and implement a series of major reform measures.
China webcast express
CCTV news (news broadcast):
2022 release of the advanced deeds of “the most beautiful woman striver”
A few days ago, the Propaganda Department of the CPC Central Committee and the all China Women’s Federation released the advanced deeds of the “most beautiful female striver” in 2022, telling the touching stories of 10 outstanding women, including Lu Yutong, Lu shengmei, Yang Ning, Gan Gongrong, Wu Rongjin, Yin Jianmin, Guan Xin, Li Huanying, Hu Hailan and burumahan muledo, showing the high spirited style of the new era of Chinese women’s achievements.
The release ceremony of the most beautiful women will be broadcast on the science and education channel of China central television tonight (March 7).
China’s foreign trade started steadily, with a year-on-year increase of 13.3% in the first two months
The General Administration of Customs announced today (March 7) that in the first two months, China’s total import and export value was 6.2 trillion yuan, a year-on-year increase of 13.3%. Among them, the export was 3.47 trillion yuan, an increase of 13.6%; Imports reached 2.73 trillion yuan, an increase of 12.9%. Foreign trade continued to maintain a positive momentum. In the first two months, China’s imports and exports with the European Union, ASEAN and the United States increased by 12.4%, 10.5% and 9.7% respectively. China’s China and the “one belt, one road” countries have increased 18.3% in total imports and exports over the same period, and China’s RCEP partners have increased 9.5% in imports and exports.
at the end of 2 month, the scale of China’s foreign exchange reserves was 3213.8 billion US dollars
According to the latest data from the State Administration of foreign exchange, as of the end of February, China’s foreign exchange reserves amounted to US $3213.8 billion. China’s cross-border capital flows are stable and orderly, and the supply and demand in the domestic foreign exchange market are basically balanced.
seven departments issued opinions on strengthening the implementation of personal safety protection order system
Recently, the Supreme People’s court, together with the all China Women’s Federation, the Ministry of education, the Ministry of public security and other departments, jointly issued the opinions on strengthening the implementation of the personal safety protection order system to further clarify the compulsory reporting obligations of relevant departments and improve the protection and level of victims of domestic violence.