China financial news broadcast on April 13

Li Keqiang presided over the executive meeting of the State Council

China Central Television network news (news broadcast): Premier Li Keqiang chaired an executive meeting of the State Council on April 13 to deploy policies and measures to promote consumption, help stabilize the economic fundamentals and ensure and improve people’s livelihood; Decided to further strengthen policy support such as export tax rebate to promote the steady development of foreign trade; Determine measures to increase financial support for the real economy and guide market players to reduce financing costs.

The meeting pointed out that consumption has a lasting driving force for the economy and is related to ensuring and improving people’s livelihood. We should implement the deployment of the Party Central Committee and the State Council, make concerted efforts, give consideration to both far and near, stabilize current consumption and release consumption potential. First, we should deal with the impact of the epidemic and promote the recovery and development of consumption. We will promptly put in place the relief policies for industries in special need and stabilize more players in the consumer service market. Ensure the supply and price of basic consumer goods and ensure smooth logistics. Second, we should accelerate the integration of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) consumption and cultivate “smart +” consumption of Shanghai Dzh Limited(601519) products and services. Third, we should expand consumption in key areas. We will promote the consumption of medical and health care, elderly care and childcare, and support social forces to make up for the short supply of services. Encourage large-scale consumption of automobiles and household appliances, and all localities shall not add new automobile purchase restriction measures, and gradually increase the incremental indicators for those that have implemented purchase restrictions. Support the consumption of new energy vehicles. Fourth, we should guide commercial circulation enterprises and e-commerce platforms to extend to rural areas and promote brand quality consumption into rural areas. Fifth, we should strengthen security. Deepen reform and remove obstacles restricting consumption. Promote the healthy and sustainable development of consumption platforms. Guide financial institutions to enrich bulk consumer financial products. Speed up the construction of key projects and bring consumption with investment. Punish counterfeiting and shoddy and other acts according to law.

The meeting pointed out that in order to promote the steady development of foreign trade, we should give better play to the policy effectiveness of export tax rebate, which is inclusive, fair and in line with international rules, and optimize the foreign trade business environment. First, processing trade enterprises are allowed to transfer in the input tax to offset the value-added tax on the amount of tax that should be refunded after implementing the policy of the same tax rate for export products. Export credit insurance compensation shall be regarded as foreign exchange collection and refunded. Second, speed up the progress of tax rebate, implement the whole process online, and reduce the tax rebate processing time from an average of 7 working days to 6 working days. Third, we will improve the efficiency of customs clearance for the return of export goods, formulate policies to facilitate the return and exchange of goods by cross-border e-commerce, give more convenience to trustworthy enterprises in customs clearance and tax refund, and severely punish fraud in tax refund.

The meeting decided to encourage large banks with high provision level to reduce the provision rate in an orderly manner, timely use monetary policy tools such as RRR reduction, further strengthen financial support for the real economy, especially industries seriously affected by the epidemic, small, medium-sized and micro enterprises and individual industrial and commercial households, reasonably transfer profits to the real economy and reduce comprehensive financing costs.

The meeting examined other matters.

import and export increased by 10.7% in the first quarter, and foreign trade started smoothly

China Central Television network news (news broadcast): the Information Office of the State Council held a press conference today (April 13). According to the relevant person in charge of the General Administration of customs, China’s total import and export value increased by 10.7% year-on-year in the first quarter, and its foreign trade started smoothly.

In the first quarter of this year, the total value of China’s foreign trade import and export was 9.42 trillion yuan, a year-on-year increase of 10.7%, of which the export was 5.23 trillion yuan, a year-on-year increase of 13.4%; Imports amounted to 4.19 trillion yuan, an increase of 7.5% year-on-year.

According to customs statistics, China’s general trade import and export in the first quarter was 5.95 trillion yuan, a year-on-year increase of 13.9%. China’s imports and exports to ASEAN, the European Union, the United States and South Korea were 1.35 trillion yuan, 1.31 trillion yuan, 1.18 trillion yuan and 574.18 billion yuan respectively, with a year-on-year increase of 8.4%, 10.2%, 9.9% and 12.3% respectively.

China and the “one belt, one road” along the same period of the total import and export volume totaled 2 trillion and 930 billion yuan, up 16.7% over the same period. China’s imports and exports with 14 other RCEP member countries totaled 2.86 trillion yuan, a year-on-year increase of 6.9%.

all localities have continuously improved the level of scientific and accurate prevention and control, and orderly promoted the resumption of work and production

CCTV news (news broadcast): all localities should pay close attention to the epidemic prevention and control, improve the level of scientific and accurate prevention and control, and minimize the impact of the epidemic on economic and social development.

Yesterday (April 12) afternoon, Jilin fifth shelter hospital, the largest shelter hospital in Jilin Province, cleared the cabin. At present, the number of medium risk areas in Jilin has dropped to 37. Changchun has focused on clearing, and 6 districts have achieved social clearing.

Guangzhou, Guangdong, continued to carry out nucleic acid testing in key areas, controlled the regional classification of epidemic situations, and further strengthened the epidemic prevention and control measures in key places. Closed and semi closed places such as entertainment places in Guangzhou were suspended, and hall food services were suspended in some areas. Today, students from grades 4 to 8 in Shenzhen began to return to school. Shenzhen has established a joint prevention and control network composed of multiple departments, implemented “one school and one policy”, and strictly implemented detailed epidemic prevention measures to ensure campus safety.

Since the static management of the main urban area was launched on April 5, Fuyang, Anhui, has opened an online service platform to connect with relevant departments to help the masses solve their difficulties, troubles and doubts. We will take measures to restore production order in different regions of Liaoning Province and restore the order of some public transportation lines.

China webcast express

CCTV news (news broadcast):

ex servicemen and other preferential treatment objects have applied for more than 2.6 million preferential treatment certificates

The Ministry of Veterans Affairs announced today (April 13) that as of the end of March, the number of applications for preferential treatment certificates for veterans and other special care objects had exceeded 2.6 million. The holder can enjoy various preferential services such as financial consumption, motor vehicle refueling, express mail, air travel and so on.

in the first quarter, the investment of major projects in the construction of Shuangcheng economic circle in Chengdu and Chongqing exceeded 40 billion yuan

In the first quarter of this year, Chengdu Chongqing twin city economic circle completed a total investment of 43.95 billion yuan in major projects, accounting for 24% of the annual investment plan, including jointly building a modern infrastructure network, jointly building a science and technology innovation center of Chongqing Science City in the west, and jointly building an ecological barrier in the upper reaches of the Yangtze River.

1680 new key projects started in Hebei in the first quarter

In the first quarter of this year, 1680 key projects were newly started in Hebei Province, with a total investment of 817.6 billion yuan, including 10 aspects such as Beijing non capital function relief projects, scientific and technological achievement transformation and industrialization projects, and modern service industry projects.

ice and snow project national team public service plan launched

Today (April 13), the national mass ice and snow themed activity with the theme of “ice and snow to the future” was launched in Shijingshan, Beijing. Many winter Olympic champions and medal athletes interacted with ice and snow sports lovers and teenagers to publicize the spirit of the Beijing Winter Olympics. This is the first activity of the public service plan of the national team of ice and snow projects after the Beijing Winter Olympics.

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