In the face of the complex situation at home and abroad in the coming year, how can the Chinese economy maintain its stability and activate its potential? At the 2019 meeting of the international peace forum (cgiac) held on Thursday, experts and scholars said that we need to stay committed to deepening reform and opening up in the spirit of "never relax", and boost China's economy with high-quality development.

Yang weimin, deputy director of the economic affairs committee of the national committee of the Chinese people's political consultative conference (CPPCC), pointed out that the basic trend of China's economic stability and long-term improvement has not changed. We need to accelerate supply-side reform in agriculture, deepen reform of the science and technology system, and speed up the transformation and application of scientific and technological achievements. We need to support the development of strategic industries, promote the optimization and upgrading of traditional manufacturing industries, and deal with "zombie enterprises" in an orderly manner.

"It is more urgent for ships to wander in the middle, and steeper for people to climb halfway up the mountain. At a time when global economic growth is sluggish and external uncertainties and destabilizing factors are on the rise, we need to be dynamic in reform and dynamic in opening up in the face of opportunities and challenges, and strive to give full play to the decisive role of the market in allocating resources." Tan tianxing, vice minister of the united front work department of the CPC central committee, said China should continue to open its door to the outside world for development, integrate itself into the global economic development trend, take an active part in global economic governance, promote economic transformation and upgrading, and achieve high-quality development.

The real economy has always been an important support for the strategic advantage of development. Xu hongcai, vice minister of finance, believes that China's economy is shifting to high-quality development, to prevent the emergence of real to virtual, industrial hollowing out and other problems. We must vigorously develop the real economy, such as advanced manufacturing, and ensure that resources are concentrated in the real economy.

"Only by boosting the real economy and comprehensively improving the quality and efficiency of economic development can we effectively address risks and challenges." Xu hongcai said that from January to October of this year, China cut taxes and fees by nearly 2 trillion yuan, effectively reducing the burden on market entities on the premise of ensuring fairness and efficiency. In the future, we will consolidate and expand the effects of tax cuts and fee reductions, further reduce costs for enterprises in the real economy, and release the dividends of tax cuts and fee reductions.

As the economic structure continues to adjust and industries accelerate transformation and upgrading, financial services need to keep pace.

"We need to expand support for innovation-driven development of financial services, give full play to the role of the capital market, increase the proportion of direct financing, and break through the information asymmetry in bank credit and improve the efficiency of financial services with the help of Internet big data and other technologies." Bank of China vice President Lin jingzhen said.

To promote high-quality development, we must give top priority to the new development philosophy. Gao peiyong, vice President of the Chinese academy of social sciences, said that the new development concept means that the quality and efficiency of economic work should also be brought into the horizon.

Source: China financial information net