[morning review]
In the morning, the two markets were mixed. As of the afternoon closing, the Shanghai Composite Index fell – 0.16% to 3610.32 points; The Shenzhen Component Index rose 0.10% to 14730.75 points; The gem index rose 0.10% to 3297.20. On the disk, computer equipment, software development, instruments and meters, Internet services, rubber products and other industries were active, while power industry, coal industry, gas, traditional Chinese medicine, public utilities and other sectors led the decline. In terms of concept, human brain engineering, digital currency, lithium extraction from Salt Lake, machine vision, locust control and other sectors are strong, while pumped storage, green power, diamond cultivation, helium concept, Alzheimer’s concept and other concept sectors are weak. In terms of energy, as of the closing of the afternoon market, the total turnover of the two markets was 607.12 billion yuan.
[afternoon opportunity]
On December 27, 2021, at the national financial work video conference, Minister of Finance Liu Kun introduced the key points of financial work in 2022. He said that to implement an active fiscal policy in 2022, we should focus on six aspects: first, we should make greater efforts to reduce taxes and fees and enhance the vitality of market players; Second, maintain appropriate expenditure intensity and improve expenditure accuracy; Third, reasonably arrange special bonds of local governments to ensure the construction of key projects; Fourth, increase the transfer payment from the central government to local governments and firmly grasp the bottom line of “Three Guarantees” at the grass-roots level; Fifth, adhere to the tight living of Party and government organs and run all undertakings thrifty; Sixth, strictly enforce financial discipline and straighten out financial order.
“Strengthen support for market players and strengthen policy implementation.” Liu Kun said that in 2021, China will optimize and implement the policy of tax reduction and fee reduction, and it is expected that the annual new tax reduction and fee reduction will reach 1 trillion yuan. In 2022, it is necessary to strictly implement various tax reduction and fee reduction policies issued by the state to ensure the implementation of tax reduction and fee reduction policies. We will strengthen assistance for the relief of small, medium-sized and micro enterprises, implement the award and subsidy policy for the inclusive financial development demonstration zone, continue to implement the award and subsidy for the reduction of financing guarantee fees for small and micro enterprises, support a new number of national specialized and new “little giant” enterprises, and encourage local governments to arrange relief funds for small and medium-sized enterprises.
