China economic charge period a financing means soft fill short board – financial Sohu-sunny came home

China economic "charge" period: a financing means soft fill short board of Sohu financial     [Lange Economic Research Center Chief Analyst Chen Kexin believes that the current demand gap is the biggest source of pressure China economic downturn. Monkey days after the Spring Festival, the Chinese economy ushered in frequent blowing "spring breeze"". On the one hand, the global market rebounded sharply after the turmoil, in this context, China’s stock market in the first day of the monkey opening performance tenacious, did not appear significant "compensation"; 16, the Shanghai composite index continued to rise, rose 3.3%. At the same time, the General Administration of Customs announced on 15, the data show that in January the trade surplus hit a record high, China continues to maintain a larger current account surplus. More noteworthy is that the RMB hit the biggest one-day gain in ten years, once again weakening the devaluation expectations. China’s economy grew slightly less than 7% last year, causing a lot of controversy, although 6.9% of the growth rate still belongs to a reasonable range, but how to seize the window period opportunities, as soon as possible to transform kinetic energy, looking for new growth engine, become the top priority. With the upcoming new year of government work, what measures the government will introduce to maintain development and reform has become a topic of widespread concern in the market. Recently, the first financial daily interviewed many officials and related scholars. Overall, respondents believe that opportunities and challenges will continue to be the main theme of this year. Due to changes in domestic and international political, economic, technological and other aspects of the environment, China’s past development mode and regulatory means will face greater challenges. An economic department middle-level cadres told the newspaper, the use of monetary, fiscal, financial and other means of regulation will be a new bright spot. He believes that in the past, China’s regulation and control more emphasis on investment, production, trade and other aspects, but with the changes in China’s capital environment, the government is trying to use more "soft means" to achieve the role of 42 kilograms. He also stressed that the infrastructure and the basic guarantee Chinese there are still a lot of short board, the transition period in recent years, the short board "fill" has a positive effect on the future development. In his view, infrastructure investment, social security, precision poverty alleviation and other aspects of the last two years will become the focus of policy intensive tilt. The "short board": the implementation of the project lays a solid foundation for the beginning of 2016, the real estate stock to the battle has started the first. Although the "five major tasks to production, inventory, deleveraging, reduce costs, make up the short board" has been clear, but the market for the supply side reforms the understanding and interpretation of different voices still exist. For the difference, the State Council Development Research Center researcher Li Zuojun believes that the supply side structure, clarify the concept of reform is very important, which is concerned about the "supply management" refers to the government for the supply side problems of management, five major tasks belong to the category of supply management. The first task is considered to be against the China economy far more prominent problems in the short board an antidote against the disease;, many experts believe that the long-term development considerations, truly reflects the supply side of the way. Lange Economic Research Center Chief Analyst Chen Kexin believes that the current demand gap is Chinese. 中国经济“蓄力”期: 以融资软手段“补短板”-搜狐财经     [兰格经济研究中心首席分析师陈克新认为,目前需求青黄不接是中国经济下行的最大压力源。]   猴年春节后的数个工作日,中国经济迎来频频吹送的“春风”。  一方面,全球市场在大动荡后出现强势反弹,在此背景下,中国股市猴年首日开盘表现顽强,没有出现大幅“补跌”;16日上证指数继续走高,大涨3.3%。与此同时,海关总署15日公布数据显示,1月贸易顺差创下单月历史新高,中国继续保持较大的经常账户顺差。更值得注意的是,人民币当日创下十年最大单日涨幅,再次弱化了贬值预期。  中国经济去年增长略低于7%的数据引发许多争议,尽管6.9%的增速仍属于合理区间,但如何抓住窗口期机遇尽快转化动能、寻找新的增长引擎,成为当务之急。随着新一个政府工作年度即将来临,政府将推出哪些措施维持发展和改革,成为市场普遍关注的话题。  近期,《第一财经日报》就此问题采访了多部门官员和有关学者。总体来看,受访者认为机遇与挑战并存将依旧是今年的主旋律,由于国内外政治、经济、科技等多方面环境发生变化,中国过往的发展方式和调控手段将面临较大挑战。  一名经济部门中层干部告诉本报,运用货币、财政、金融等手段实施调控将是新的亮点。他认为,过去中国的调控更多地注重投资、生产、贸易等方面,但随着中国资本环境的变化,政府正在尝试用更多的“软手段”来实现四两拨千斤的作用。他同时强调,中国的基建和基础保障还存在很大的短板,利用最近几年的转型期,将这些短板都“补牢”对未来发展有积极作用。在他看来,基建投资、社会保障、精准扶贫等方面在最近两年将成为政策密集“倾斜”的焦点。  “补短板”:落实项目打实基础  2016年伊始,房地产去库存之役已经率先打响。尽管“去产能、去库存、去杠杆、降成本、补短板”的五大任务已经明确,但市场对于供给侧改革的理解和解读依旧存在不同声音。对于这其中的差异,国务院发展研究中心研究员李佐军认为,厘清有关供给侧、结构改革等概念十分重要,其中较受关心的“供给管理”是指政府针对供给侧问题而进行的管理,五大任务就属于供给管理的范畴。  其中,前四项任务被认为是针对中国经济目前较突出的问题对症下药;而在补短板方面,许多专家认为是对长远发展的考虑,真正体现了供给侧的思路。  兰格经济研究中心首席分析师陈克新认为,目前需求青黄不接是中国经济下行的最大压力源。为了稳定中国经济增长,弥补国内需求不足,一年多来有关部门密集批复固定资产投资项目,剑指交通、环保、棚户区改造等基础设施建设和民生领域。未来落实好这些领域的项目,不仅将成为稳增长的重要动力,同时将为中国经济的质变打下基础。  他同时认为,尽管国内外市场动荡剧烈,但现在恰恰是一个难得的窗口期。  近日,国务院总理李克强会见在华工作的部分外国专家时谈到中国发展问题曾指出,目前中国还有大量农村剩余劳动力。“我们将通过新型工业化、信息化、城镇化和农业现代化,使中国的劳动生产率在未来五年提高三分之一,这一过程蕴藏着巨大的发展潜力,也将为世界经济增长提供动力。”  专项债券和建设资金持续发力  通过加大基建投资力度的方式实现稳增长和补短板去年以来已经成为中央和地方的共识,在收紧过剩产能的同时,政府去年批复了数万亿元的基建投资项目。但在财政收入减少和地方经济下滑等背景下,这些项目的进展并不十分令人满意,资金掣肘是其中最大的原因。  发改委一名官员告诉本报,为了加快基建项目的落地推进力度,发改委去年进行了多项尝试。这其中,成绩最可喜的是专项债券和专项建设资金在多项重大工程里的尝试。今年将总结经验推广到更多的地区和项目。  发改委官方近期发布文件显示,2016年将继续发挥好专项建设基金的放大撬动作用。加快项目开工和建设进度。积极推动商业银行信贷资金和社会资本跟进,发挥投贷结合效应。推动出台相关规章制度,进一步规范基金管理。  尽管增加赤字、扩大地方政府债务置换规模等均被认为是获取建设资金的重要渠道,但多名受访学者还是认为,发行重大投资项目建设债券有可能是现阶段获取建设资金,推动已批复投资项目迅速、全面开工的最重要途径。陈克新还认为,这也是中国经济稳增长见效最快的措施。  事实上,一些重大项目的承担企业过去已经进行了一些发债尝试。例如,经国家发改委批复,中国铁路总公司在2015年度内,就发行了总额为1600亿元的铁路建设债券。相关的主题文章: