On Wednesday, May 18, the essence of the headlines of today’s newspapers and periodicals is as follows:
china Securities Journal
The effect of fiscal policy is concentrated on releasing the tax rebate policy of retention, and accelerating the issuance and use of landing special bonds
On May 17, the relevant person in charge of the finance and taxation department said at the press conference on the theme of “China’s decade” held by the Publicity Department of the CPC Central Committee that the tax department is deploying to advance the return time of large-scale enterprise stock tax rebate from October to June, so as to ensure that the large-scale tax rebate policy is basically implemented in the first half of the year. In addition, relevant departments will plan incremental policy tools and spare no effort to expand China’s demand.
National Development and Reform Commission: pay close attention to planning incremental policy tools and make every effort to ensure the supply and price of bulk commodities
“At present, the rebound of the epidemic in China has been effectively dealt with, various policies have been pushed forward, and the policy effects have been gradually released. It is believed that the normal economic order will be restored quickly and the economic operation will return to the normal track soon.” Meng Wei, spokesman of the national development and Reform Commission, said at the may press conference held by the national development and Reform Commission on May 17 that in the next step, we will make greater efforts to implement the policies that have been issued and grasp the planning of incremental policy tools.
322 companies to be listed in the second batch of innovation list since the beginning of this year
On May 17, the national share transfer company released the preliminary screening list of the second batch of listed companies to be transferred to the innovation layer in 2022, with a total of 322 companies to be transferred to the innovation layer. The national share transfer company said that among the second batch of companies to be promoted, 308 companies planned to be promoted according to the net profit or income standard (i.e. standard 1 or standard 2).
In April, the bank’s settlement and sales of foreign exchange continued the trend of surplus, and the net inflow of cross-border funds increased month on month
According to the data released by the State Administration of foreign exchange on May 17, the surplus of bank foreign exchange settlement and sales in April was about 19 billion US dollars. From January to April, the bank accumulated a surplus of 77.8 billion US dollars in foreign exchange settlement and sales. Wang Chunying, deputy director of the State Administration of foreign exchange and spokesman, said that the overall situation of China’s cross-border capital flows remained stable
Shanghai Securities News
The association of bond financing dealers serving private enterprises launched an upgraded “support tool”
Serving private enterprise bond financing, the Dealers Association launched an upgraded version of the “support tool” – the “China bond private enterprise bond financing support tool” (csipb). The reporter learned yesterday that the dealers association held an online research forum on the development of private enterprise bond financing on May 17 to deeply analyze the current situation of private enterprise bond financing, summarize the practical experience of private enterprise bond financing support tools, introduce csipb mechanism, and discuss the next measures to strengthen private enterprise bond financing services.
The “healthy development of digital economy” consultation meeting conveys “confidence and hope”
The CPPCC National Committee held a special consultation meeting on “promoting the sustainable and healthy development of the digital economy” in Beijing on the 17th, which released a new signal of continuously strengthening, optimizing and expanding the digital economy and stimulating the innovation vitality of enterprises on the basis of ensuring the security of national networks and data, and once again clarified its support for the sustained and healthy development of platform economy and private economy, as well as the listing of digital enterprises in capital markets outside China, It has greatly inspired the confidence of digital economy practitioners.
Ministry of Finance: the fall in fiscal revenue growth in April is the initiative of active fiscal policy
In response to the large decline in fiscal revenue data in April recently announced in many places, Vice Minister of Finance Xu Hongcai responded at a series of thematic press conferences on “China’s decade” held by the Propaganda Department of the CPC Central Committee on the 17th that the growth of fiscal revenue in April fell, which is mainly a reflection of the strengthening of fiscal and taxation departments at all levels to implement the tax reduction and rebate policies of the CPC Central Committee and the State Council, It is the initiative of active fiscal policy to deal with the downward pressure on the economy. Through the subtraction of fiscal revenue, we can gain the addition of enterprise benefits and the multiplication of market vitality.
In April, the surplus of foreign exchange settlement and sales of banks was US $19 billion, and China’s cross-border capital continued to flow in net
China’s cross-border capital flows continued the pattern of “double surplus”. According to the data released by the State Administration of foreign exchange on the 17th, in April, the surplus of foreign exchange settlement and sales of banks was US $19 billion, which was equivalent to the monthly average level in the first quarter and much higher than the level in the same period in 2021; The bank’s foreign collection and payment surplus on behalf of customers was US $16.2 billion, an increase of 57% month on month
Securities Times
National Development and Reform Commission: the economic operation will soon return to the normal track, and the policy adjustment will be strengthened
On May 17, the national development and Reform Commission held a press conference in May. Meng Wei, deputy director of the Political Research Office of the national development and Reform Commission and spokesman, said at the meeting that he believed that the normal economic order would be restored quickly and the economic operation would return to the normal track soon. The national development and Reform Commission will strengthen macro policy adjustment, fully expand China’s demand, accurately and vigorously expand effective investment.
The valuation performance of Chinese Internet giants is the “anchor” of value
On May 17, Tencent, Alibaba, jd.com, meituan and other popular Hang Seng technology stocks rose strongly. The Hang Seng technology index rose more than 5%, and investor confidence improved significantly. In the long run, the trend of zhonggai technology stocks is still dominated by performance. The latest quarterly report shows that there are no obvious problems in the fundamentals of zhonggai Internet enterprises, and the profitability is stable.
The fiscal “cake” is getting bigger and bigger, and we should pay close attention to planning incremental policy tools
The person in charge pointed out that since the 18th CPC National Congress, China’s financial strength has been continuously strengthened, the financial “cake” has become bigger and bigger, and the scale of tax reduction and fee reduction has been unprecedented. Since the beginning of this year, in the face of the downward pressure of the economy, the proactive fiscal policy has been pushed forward. Through the subtraction of fiscal revenue, we have gained the addition of enterprise benefits and the multiplication of market vitality. It is believed that with the effectiveness of coordinating epidemic prevention and control and economic and social development, fiscal revenue will rise steadily.
The bank’s foreign exchange settlement and sales continued to have a surplus, and the net inflow of cross-border funds increased month on month
Data show that in April, the overall situation of China’s cross-border capital flows remained stable. The bank’s foreign exchange settlement and sales continued the surplus trend. The surplus in April was US $19 billion, which was basically equivalent to the average monthly surplus in the first quarter and much higher than the level in the same period in 2021. The net inflow of cross-border funds increased month on month. In April, the foreign-related revenue and expenditure surplus of enterprises, individuals and other non banking sectors was US $16.2 billion, an increase of 57% over March
Securities Daily
The list of the second batch of innovative layers on the new third board was released this year: 322 companies are proposed to be shortlisted, which is significantly increased compared with the first batch of 40
Recently, based on the 2021 annual report and other information disclosed by the basic level listed companies before April 30, the national share transfer company carried out the implementation of the second innovation layer in 2022 as planned. After the self inspection of the listed companies, the verification of the host securities companies, the preliminary screening of the national share transfer company and other procedures, the national share transfer company released the preliminary screening list of the second batch of listed companies to be transferred to the innovation layer in 2022 on May 17, 2022, with a total of 322 companies being shortlisted.
Safe: China’s cross-border capital flows continued to be net inflows in April
According to the data, in dollar terms, in April, the bank settled foreign exchange of 229.7 billion US dollars, sold foreign exchange of 210.6 billion US dollars, and the surplus of foreign exchange settlement and sales of 19 billion US dollars, which is basically equivalent to the monthly surplus of the first quarter, far higher than the level of the same period in 2021; The bank’s foreign-related revenue of acting customers was US $505.4 billion, foreign payments were US $489.2 billion, and the foreign-related receipt and payment surplus was US $16.2 billion, an increase of 57% month on month.
Over the past decade, fiscal revenue has increased by an average of 8.5% annually, focusing on the “big country” to promote high-quality economic development
Xu Hongcai, Vice Minister of finance, said that over the past decade, the Ministry of finance has seriously organized and implemented active fiscal policies, continuously improved macro-control, strengthened capital and policy guarantee around the “big country”, deeply promoted the reform of fiscal and taxation system, actively played the role of “breakthrough” and “vanguard” in comprehensively deepening reform, promoted economic operation within a reasonable range and improved the quality of high-quality development.
National Development and Reform Commission: the economic operation will soon return to the normal track. In the next step, we will pay close attention to planning incremental policy tools
The new downward pressure on the economy has increased due to the unexpected impact of the new round of epidemic and changes in the international situation. However, with the current rebound of China’s epidemic situation being dealt with effectively, various policies are moving forward and the policy effects are gradually released. It is believed that the normal economic order will be restored quickly and the economic operation will return to the normal track soon. ” On May 17, at the may press conference held by the national development and Reform Commission, Meng Wei, spokesman of the national development and Reform Commission, said
people’s daily
The intensive introduction of measures to stabilize growth, employment and prices will soon return to normal economic operation
Since the beginning of this year, in the face of the downward pressure on the economy, all regions and departments have adhered to the principle of stability and seeking progress while maintaining stability, coordinated epidemic prevention and control and economic and social development, and taken multiple measures to do a good job in stabilizing growth, employment and prices. With the development of various policies and the gradual release of policy effects, the normal economic order will be restored quickly and the economic operation will return to the normal track soon
first finance
Stabilize the basic market of foreign investment and release positive signals from multiple departments
In response to the media’s question that some enterprises are considering transferring their existing or planned investment in China to other markets, Meng Wei, spokesman of the national development and Reform Commission, said at a press conference on the 17th that they are studying the revision and expansion of the catalogue of industries encouraging foreign investment. The basic principle of this revision is to promote the “total increase and structural optimization” of the utilization of foreign investment, with the purpose of continuing to encourage foreign investment, In particular, encourage foreign investment in key areas such as manufacturing and producer services, as well as key areas such as the central and western regions and the northeast.
In April, the cross-border capital of China’s real economy continued to flow in and the net outflow of securities investment decreased
Although in April 2022, under the background of the strength of the US dollar index, the exchange rate of RMB against the US dollar fell below the important mark continuously. However, according to the latest data from the safe, China’s cross-border capital flow situation remained stable on the whole during the month, especially in real economy related fields such as trade and investment, which still maintained a high net inflow
21st Century Business Herald
Maintain policy focus and “stabilize the property market” from both ends of supply and demand
Data show that from January to April, the national real estate development investment decreased by 2.7%. At present, the government has continuously issued policies to stabilize the real estate market, and launched more active financial policies to enterprises on the supply side of real estate and buyers on the demand side of the market.
Ministry of Finance: in April, the fiscal revenue was greatly affected by the retention tax rebate, and we paid close attention to planning incremental policy tools
The Ministry of finance will pay close attention to planning incremental policy tools, strengthen contingent regulation, grasp the advance and redundancy of policies under the guidance of objectives, give better play to the role of Finance in macroeconomic regulation, stabilize the economy, strive to achieve the expected objectives of economic and social development throughout the year, and maintain the economic operation within a reasonable range
economic reference
Multisectoral deployment of relief and opening-up measures to accelerate the promotion of China’s market attraction and stabilize the multi-dimensional force of foreign investment
This year, China’s absorption of foreign investment started smoothly, but due to multiple internal and external factors, stabilizing foreign investment throughout the year still faces many challenges. The reporter noted that recently, many departments have deployed one after another to strengthen relief services, coordinate and solve the difficulties in the resumption of work and production of foreign-funded enterprises, personnel entry and logistics transportation. At the same time, we have accelerated the revision of the catalogue of industries encouraging foreign investment and the opening of key areas such as finance and automobile, and made comprehensive multi-dimensional measures to promote the “total increase and structural optimization” of foreign capital utilization.
The national development and Reform Commission explained in detail the focus of stabilizing the economy, and paid close attention to the planning of incremental tools in many fields, such as helping enterprises to bail out, ensuring supply and stabilizing prices
The reporter learned from the press conference of the national development and Reform Commission held on May 17 that in order to stabilize the macro-economic market, the national development and Reform Commission will make greater efforts to implement the issued policies, make forward arrangements, speed up the pace, and strive to land in the first half of the year and form the physical workload as soon as possible. On the other hand, focusing on the policy deployment of fully expanding China’s demand, strengthening enterprise rescue assistance, and strengthening the supply and price stability of energy and resources, we will pay close attention to planning incremental policy tools.
