[morning review]
In the morning, the two markets fell together. As of the afternoon closing, the Shanghai Composite Index fell 0.08% to 308339 points; The Shenzhen composite index fell 0.25% to 1118040 points; The gem index fell 0.12% to 236255 points. From the disk perspective, wind power equipment, photovoltaic equipment, real estate services, education, real estate development and other industries were active, with mining industry, brewing industry, coal industry, insurance, utilities and other sectors leading the decline. In terms of concept, hit battery, photovoltaic building integration, lease and sale of the same rights, virtual power plant, wind energy and other sectors are strong, while blind box economy, pinduoduo concept, tax rebate store, Baijiu, syringe concept and other concept sectors are weak. In terms of energy, as of the closing of the afternoon market, the two markets had a total turnover of 473.53 billion yuan.
[afternoon opportunity]
On May 18, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, presided over a symposium on stabilizing growth, stabilizing market players and ensuring employment in Yunnan. Heads of 12 provincial governments in the East, central and western regions and Northeast China participated in the symposium, of which 10 provinces ranked among the top 10 in the country.
Li Keqiang said that since the beginning of this year, under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, all parties have implemented the deployment of the Party Central Committee and the State Council and done a lot of work to stabilize the economy, and the results have not come easily. However, since March, especially in April, some economic indicators have weakened significantly, and the downward pressure on the economy has further increased. We should not only strengthen our confidence and see that there are still more than 150 million market players in China. At present, prices are stable and there is still policy space to deal with challenges, but also face up to difficulties and shocks. We should fully, accurately and comprehensively implement the new development concept, effectively coordinate epidemic prevention and control and economic and social development, act decisively and increase macro policy adjustment. The policies that have been issued should be put in place as soon as possible, and the policies determined by the central economic work conference and the government work report were basically implemented in the first half of the year; All localities and departments should enhance their sense of urgency, see that the new measures that are accurate can be exhausted, and can be released in May, so as to ensure that the economy operates within a reasonable range in the first half of the year and the whole year, and strive to make the economy return to the normal track quickly.
Li Keqiang said that reform should be used to solve the difficulties in moving forward. Give priority to employment, ensure employment and people’s livelihood by stabilizing market players, implement combined relief policies such as tax rebate and tax reduction, and guide financial institutions to delay the payment of interest on loans to small, medium-sized and micro enterprises and individual industrial and commercial households. Ensure stable food production and stable energy supply. While doing a good job in epidemic prevention and control, we will further unblock the logistics artery and microcirculation. Enhance the core competitiveness of state-owned enterprises and enhance the confidence of private enterprises with effective measures. Support platform economy and digital economy to legally comply with domestic and foreign listing and financing. Stabilize land prices and house prices, support residents’ reasonable housing needs, and maintain the steady and healthy development of the real estate market.
