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Macro policies should be sound and effective. The central economic conference emphasized the “six stabilities” and “six guarantees” and focused on stabilizing the macro-economic market, highlighting the intention of the current policy to stabilize growth. The national development and Reform Commission and other departments have issued several policies on promoting the steady growth of the industrial economy to promote the steady growth of the industrial economy and ensure the stable operation and high-quality development of the national economy. From the perspective of specific measures, “steady growth” mainly starts from the perspective of Finance and currency. On the financial side, we should increase the implementation of new tax reduction and fee reduction policies, reduce the burden on small and medium-sized enterprises, and carry out infrastructure investment ahead of schedule. In 2022, China’s economic work will focus on steady growth, and a large number of infrastructure projects will be implemented one after another; The monetary level is to ensure the “flexibility and moderation” of the policy and strengthen the support for small, medium-sized and micro enterprises, especially scientific and technological innovation and green enterprises. The central economic conference set the tone for 2022 as “steady growth”. At the same time, judging from the recent central bank speech and the issuance of special bonds, the fiscal and monetary policies throughout the year are expected to continue to exert force, which constitutes a basic support for the macro-economy.
Regional policies should enhance the balance and coordination of development. To further implement major regional strategies and coordinated regional development strategies, in October last year, the CPC Central Committee and the State Council issued the outline of the plan for the construction of Chengdu Chongqing dual city economic circle, which is also to form an important growth pole for high-quality development in the West and promote the coordinated development of the East, central, West and northeast regions. With the continuous promotion of the construction of the twin city economic circle, rail transit infrastructure, affordable housing, urban renewal, livelihood infrastructure and water conservancy projects in Sichuan and Chongqing will achieve rapid growth, and relevant infrastructure and infrastructure design enterprises are expected to benefit. This year, the national development and Reform Commission jointly issued a notice with multiple departments, agreeing to start the construction of National Computing hub nodes in 8 places, including Beijing, Tianjin and Hebei, the Yangtze River Delta, the Great Bay area of Guangdong, Hong Kong and Macao, Chengdu and Chongqing, Inner Mongolia, Guizhou, Gansu and Ningxia, and planned 10 national data center clusters, and the “East data and West computing” project was officially launched. Computer and electronic communication industry is one of the core industries in Chengdu and Chongqing. In recent years, the industrial scale has maintained rapid growth, and the demand for regional data storage has been increasing. At the same time, Sichuan is rich in hydropower resources and low electricity price, which has cost advantages for the data center industry.
Correctly understand and grasp carbon peak and carbon neutralization. The climate and environmental constraints facing China’s economic and social development are further strengthened, but China also faces a major opportunity for green and low-carbon development. The central economic work conference put forward that “achieving carbon peak and carbon neutralization is the internal requirement of promoting high-quality development, which should be unswervingly promoted, but it is impossible to accomplish its work in one battle.” The gradual withdrawal of traditional energy should be based on the safe and reliable substitution of new energy, based on the basic national conditions dominated by coal, and promote the optimal combination of coal and new energy.
“Rural Revitalization” helps agricultural development. According to the No. 1 central document of 2022, “We should firmly adhere to the two bottom lines of ensuring national food security and preventing large-scale return to poverty… We should do a solid and orderly job in the key work of rural development, rural construction and rural governance, promote new progress in Rural Revitalization and take new steps in agricultural and rural modernization. On the whole, the development of modern agriculture will help promote rural revitalization. Under modern agriculture,” vegetable basket ” Security will be effectively guaranteed. At the same time, high efficiency will also improve farmers’ income from growing grain and further promote common prosperity.
Risk tips: the overseas epidemic fluctuates more than expected, the downstream demand is less than expected, and the monetary policy changes.
