The National Development and Reform Commission is scheduled to hold a regular press conference in July at 10:00 on July 16, 2019 (Tuesday). National Development and Reform Commission spokesman Meng Wei will preside over the release of macroeconomic operations and answer questions from reporters.
Meng Wei said that the relevant departments will conduct supervision and inspection in the third quarter to eliminate outdated and overcapacity production in the steel and coal fields, and resolutely prevent the resumption of retired capacity.
On the one hand, the operation of coal supply and demand indicators
In the first half of the year, the coal output of coal enterprises above the designated size in China totaled 1.76 billion tons, a year-on-year increase of 2.6%. National railways shipped 1.2 billion tons of coal, an increase of 2.3% year-on-year. As of June 30, 138 million tons of coal had been stored in the nation's unified power plants, with an average availability of 27 days, which remained at a high level.
The second aspect is to resolve excess capacity in the steel and coal fields.
Meng Wei said that in the first half of the year, the National Development and Reform Commission and relevant parties carefully implemented the spirit of the Party Central Committee and the State Council's decision-making and deployment and the Central Economic Work Conference. We will comprehensively shift to a new stage of structural de-capacity and systematically superior production capacity. We will make overall efforts to advance employee placement, asset and debt disposal, mergers and reorganizations, and transformation and upgrading, and strive to promote high-quality development in the steel and coal industries.
The first is to stick to the big pressure and reduce the small, increase the advantages and reduce the disadvantages. In the coal field, on the one hand, guide local governments to study and formulate a classification and disposal plan for coal mines below 300,000 tons / year (excluding 300,000 tons / year) in accordance with the principle of first-come-first-break, combined with coal supply and demand situation and resource capacity situation. Coal mines that require safety and environmental protection quality continue to eliminate invalid supply. On the other hand, we will further optimize the allocation of stock resources, accelerate the construction of coal mines under construction, accelerate the commissioning of completed coal mines, release high-quality advanced production capacity in an orderly manner, and continuously expand high-quality incremental supply. In the field of steel, more market-oriented and rule-of-law methods are used to adjust and optimize stocks on the premise of controlling total production capacity. Further improve and strictly enforce environmental protection, quality, technology, energy consumption, safety and other laws, regulations and standards, strictly investigate backward production capacity that does not meet mandatory standards and industrial policies, and force backward production capacity to accelerate withdrawal.
The second is to consolidate the results of de-capacity. For example, in the field of steel, our committee, in conjunction with the Ministry of Industry and Information Technology, and the State Administration of Market Supervision, issued the “Circular on Special Spot Checks on the Elimination of Excessive Capacity in the Iron and Steel Industry to Prevent“ Steel Bars ”from Resurgence” to effectively prevent the local government from illegally adding new production capacity, "The resurgence of dead ash made clear requirements. In response to the more serious problems of Guangdong Taidu Iron and Steel and Guoxin Industrial reporting illegal and illegal new production capacity, the relevant member units of the inter-ministerial joint meeting were organized to conduct on-site inspections and reported the results of the inspections. In addition, the relevant departments will conduct supervision and inspection in the third quarter to eliminate outdated and overcapacity production in the steel and coal fields, and resolutely prevent the resurgence of retired production capacity.
The third is to enhance the systemicity and synergy of de-capacity work. Cooperate with the Ministry of Human Resources and Social Security to issue the "Notice on Effectively Doing a Good Job Resettlement in Overcoming Overcapacity," and set clear requirements for employee resettlement throughout the year. Coal and power generation enterprises are encouraged to invest in the construction of coal-electricity integration projects and the development of coal-electricity joint ventures in various ways, such as mutual shareholdings and share swaps. Currently, the first batch of key coal-electricity joint venture key projects has been announced.
Fourth, make overall plans to reduce production capacity, ensure supply, and stabilize expectations. With the further advancement of de-capacity and the accelerated withdrawal of small coal mines in the south, coal production is further concentrated in the Shanxi, Shaanxi and Mongolian regions. In response to the new situation and situation of coal supply and demand, guide key coal-producing regions and coal production enterprises to organize production in a scientific and balanced manner under the premise of ensuring safety, and strive to increase production. Actively promote the implementation of medium and long-term contracts for power coal, and promote the supply and demand of new contracts. Held a national energy conference and video conference on power peak summer, as well as on-site meetings of coal storage, to plan ahead to ensure the supply of coal during peak summer.
The original text is as follows:
Meng Wei: Good morning, media friends! Welcome to the National Development and Reform Commission's scheduled press conference in July. First of all, I will inform you of the four aspects in accordance with the usual practice, and then answer your concerns.
The first aspect is about economic operation
Focus on five aspects of data.
Meng Wei: The first is the operation of power indicators. From the perspective of power generation, in the first half of the year, the national power generation increased by 3.3% year-on-year, and the growth rate was slowed by 0.9 percentage points from the first quarter. Among them, thermal power, hydropower, nuclear power, wind power, and solar power generation increased by 0.2%, 11.8%, 23.1%, and 6.6 respectively. % And 11.2%. In June, power generation increased by 2.8% year-on-year, an increase of 2.6 percentage points from the previous month.
From the perspective of electricity consumption, the nation's total electricity consumption in the first half of the year was 3.4 trillion kilowatt-hours, an increase of 5.0% year-on-year. Among them, the primary, secondary, tertiary, and household electricity consumption increased by 5.0%, 3.1%, 9.4%, and 9.6% year-on-year respectively. The tertiary and residential electricity consumption continued to grow rapidly. In terms of different regions, electricity consumption in 28 provinces (autonomous regions and municipalities) across the country is increasing, and 3 provinces (autonomous regions) achieved double-digit growth of over 10%. In June, the electricity consumption of the whole society increased by 5.5% year-on-year, an increase of 3.2 percentage points from the previous month.
Meng Wei: The second is the operation of natural gas consumption indicators. In the first half of the year, the demand for natural gas consumption in the country increased steadily. The apparent consumption of natural gas nationwide was 149.3 billion cubic meters, a year-on-year increase of 10.8%. In June, the country ’s apparent natural gas consumption was 23.8 billion cubic meters, a year-on-year increase of 7.6%.
The third is the operation of coal supply and demand indicators. In the first half of the year, the coal output of coal enterprises above the designated size in China totaled 1.76 billion tons, a year-on-year increase of 2.6%. National railways shipped 1.2 billion tons of coal, an increase of 2.3% year-on-year. As of June 30, 138 million tons of coal had been stored in the nation's unified power plants, with an average availability of 27 days, which remained at a high level.
Fourth, the approval of investment projects. In the first half of the year, our committee approved a total of 94 fixed asset investment projects with a total investment of 471.5 billion yuan, of which 71 were approved and 23 were approved, mainly in the energy, transportation and high-tech industries.
Fifth, price operation.
In the first half of the year, China's overall price level remained basically stable, the rise in factory prices for industrial producers narrowed, and the rise in consumer prices was modest.
In terms of consumer prices, the CPI in the first half of the year increased by 2.2% year-on-year, which was in a moderately reasonable range. From the perspective of internal structure, the CPI rise has obvious structural characteristics. The price index of industrial products and services rose slightly, up 1% and 2% respectively; the food price index rose 4.7%, a relatively large increase. In terms of breakdowns, the prices of fresh fruits, vegetables, and animal meat were the highest, rising 16.1%, 9.2%, and 6.6%, respectively.
Meng Wei: In terms of ex-factory prices for industrial producers, the PPI in the first half of the year increased by 0.3% year-on-year, a significant decrease from the same period last year. From the perspective of the industry, the year-on-year decline in prices was mainly caused by paper and paper products, chemical fiber manufacturing, chemical raw materials and chemical products manufacturing, and electrical machinery and equipment manufacturing. Since the beginning of the year, commodity prices have generally risen steadily.
On the whole, China's economy has a strong ability to recycle itself, ample supply of industrial and agricultural products, and a stable basis for stable prices. It is expected that the overall price level in the later part of this year is expected to maintain overall stability.
In response to the new situation and changes in price operation, we will further strengthen price monitoring, analysis, and early warning, and increase the frequency of monitoring and early warning of price changes in key regions and species, especially important livelihood commodities; and actively enrich the price control toolbox in conjunction with relevant departments Make preparations for adjustments and adjustments as necessary; guide localities to conscientiously implement the linkage mechanism of social assistance and security standards and price increases. Recently, temporary subsidies have been issued to the needy people in a timely manner.
Meng Wei: In the second aspect, the progress of supply-side structural reform in related fields
Here we will focus on the progress of work in the first half of the year in the steel and coal sector in terms of capacity reduction, market-oriented debt-for-equity swaps, cost reductions, and shortcomings.
First, work on reducing excess capacity in the steel and coal sectors.
In the first half of the year, the National Development and Reform Commission conscientiously implemented the spirit of the decision-making and deployment of the Party Central Committee and the State Council and the Central Economic Work Conference, and focused on the eight-character policy of “consolidation, enhancement, promotion, and unblocking”, and focused on consolidating the results of de-capacity and fully transferred to the structure In the new stage of reducing production capacity and systematically optimizing production capacity, we will make overall efforts to advance employee placement, asset and debt disposal, mergers and reorganizations, and transformation and upgrading, and strive to promote high-quality development in industries such as steel and coal.
The first is to stick to the big pressure and reduce the small, increase the advantages and reduce the disadvantages. In the coal field, on the one hand, guide local governments to study and formulate a classification and disposal plan for coal mines below 300,000 tons / year (excluding 300,000 tons / year) in accordance with the principle of first-come-first-break, combined with coal supply and demand situation and resource capacity situation. Coal mines that require safety and environmental protection quality continue to eliminate invalid supply. On the other hand, we will further optimize the allocation of stock resources, accelerate the construction of coal mines under construction, accelerate the commissioning of completed coal mines, release high-quality advanced production capacity in an orderly manner, and continuously expand high-quality incremental supply. In the field of steel, more market-oriented and rule-of-law methods are used to adjust and optimize stocks on the premise of controlling total production capacity. Further improve and strictly enforce environmental protection, quality, technology, energy consumption, safety and other laws, regulations and standards, strictly investigate backward production capacity that does not meet mandatory standards and industrial policies, and force backward production capacity to accelerate withdrawal.
Meng Wei: The second is to consolidate the results of de-capacity. For example, in the field of steel, our committee, in conjunction with the Ministry of Industry and Information Technology, and the State Administration of Market Supervision, issued the “Circular on Special Spot Checks on the Elimination of Excessive Capacity in the Iron and Steel Industry to Prevent“ Steel Bars ”from Resurgence” to effectively prevent the local government from illegally adding new production capacity, "The resurgence of dead ash made clear requirements. In response to the more serious problems of Guangdong Taidu Iron and Steel and Guoxin Industrial reporting illegal and illegal new production capacity, the relevant member units of the inter-ministerial joint meeting were organized to conduct on-site inspections and reported the results of the inspections. In addition, the relevant departments will conduct supervision and inspection in the third quarter to eliminate outdated and overcapacity production in the steel and coal fields, and resolutely prevent the resurgence of retired production capacity.
The third is to enhance the systemicity and synergy of de-capacity work. Cooperate with the Ministry of Human Resources and Social Security to issue the "Notice on Effectively Doing a Good Job Resettlement in Overcoming Overcapacity," and set clear requirements for employee resettlement throughout the year. Coal and power generation enterprises are encouraged to invest in the construction of coal-electricity integration projects and the development of coal-electricity joint ventures in various ways, such as mutual shareholdings and share swaps. Currently, the first batch of key coal-electricity joint venture key projects has been announced.
Fourth, make overall plans to reduce production capacity, ensure supply, and stabilize expectations. With the further advancement of de-capacity and the accelerated withdrawal of small coal mines in the south, coal production is further concentrated in the Shanxi, Shaanxi and Mongolian regions. In response to the new situation and situation of coal supply and demand, guide key coal-producing regions and coal production enterprises to organize production in a scientific and balanced manner under the premise of ensuring safety, and strive to increase production. Actively promote the implementation of medium and long-term contracts for power coal, and promote the supply and demand of new contracts. Held a national energy conference and video conference on power peak summer, as well as on-site meetings of coal storage, to plan ahead to ensure the supply of coal during peak summer.
Meng Wei: Second, on the progress of market-oriented debt-to-equity swaps.
As of June 30 this year, the contracted amount of market-oriented debt-to-equity swaps amounted to about 2.4 trillion yuan, the actual amount reached 1 trillion yuan, and the fund availability rate increased to 41.5%, involving more than 200 enterprises with high asset-liability ratios. Among them, since the beginning of this year, the newly-added contracted amount of market-oriented debt-to-equity swaps is about 390 billion yuan, and the new landing amount is about 3800.
$ 100 million.
Third, on the progress of cost reduction work.
On the one hand, arrange and deploy annual tasks and actively promote implementation. In conjunction with the Ministry of Industry and Information Technology, the Ministry of Finance, and the People's Bank of China, the "Notice on Doing a Good Job in Cost Reduction in 2019" was issued, and 27 tasks in eight areas were proposed. At present, all units are pressing ahead with implementation. A large number of cost reduction policies, such as reducing the value-added tax rate of the manufacturing industry, further cleaning up and standardizing enterprise-related charges, extending the periodical reduction of unemployment and industrial injury insurance rates, and lowering the average electricity price of general industrial and commercial enterprises, have been introduced.
On the other hand, actively promote local typical experiences. Recently, a national on-site meeting on cost reduction work experience was organized to promote local and enterprise typical practices. For example, Beijing has made full use of tools such as rediscounting, refinancing, and the “loan before borrowing” model to guide financial institutions to increase their support for small and micro enterprises and private enterprises; Zhejiang has implemented a differentiated tax exemption policy for urban land use taxes; Chongqing has established Private enterprises' bail-out funds, expanding the scope of credit loan pilots, and other measures to increase financial support have all achieved significant results.
Meng Wei: Fourth, on the progress of the work of compensating for shortcomings.
In accordance with the requirements for promoting high-quality development, the National Development and Reform Commission, together with relevant parties, actively promoted positive progress in the key areas of the shortcomings. As of the end of June, 1.79 million sets of shantytowns have been renovated, 4 172 major water conservancy projects have been started, and 137 projects have been started. The major projects of Beijing Daxing International Airport have been completed as scheduled, and the construction of the Jinsha River Rawa Hydropower Station project has been progressing steadily.
In the next step, we will precisely focus on the key areas of supplementing the shortcomings, further improve and improve the coordination mechanism, strengthen the reserve of major projects, accelerate the construction of major projects, strengthen the guarantee of project funds, promote the sustainable and healthy development of private investment, and continue to deepen the "decentralization of investment" "Reform service" reforms, resolutely refrain from "flooding floods", effectively prevent the hidden debt risks of local governments, and make every effort to make up for shortcomings and stabilize investment.
Wu Mengwei: In the third aspect, the progress of poverty alleviation in the first half of the year
Since this year, the National Development and Reform Commission has thoroughly implemented the decision-making arrangements of the Party Central Committee and the State Council, and has achieved new staged results in all aspects of poverty alleviation.
First, promote high-quality poverty alleviation and relocation work. The first is to issue and implement the "Guiding Opinions on Further Strengthening the Follow-up Support for Poverty Alleviation and Relocation" from the relevant departments, addressing the prominent issues of "two cares and three guarantees" for relocated people, employment assistance, industry cultivation, community management, society In terms of integration, protection of rights, etc., the goals and tasks and supporting policies for follow-up support work were clearly defined, and the support work was organically linked with the strategy of promoting new-type urbanization and rural development. The second is to timely release 7.23 billion yuan of investment in the central budget for 2019 and coordinate the Ministry of Finance to issue 129.3 billion yuan of local government debt funds, which has effectively guaranteed the funding requirements for the construction of ex-situ poverty alleviation and relocation projects in 2019. The third is to issue the “Working Plan for the Supervision and Inspection of Ex-situ Poverty Relocation in 2019”, which will be carried out in two batches in 16 provinces including Yunnan, Sichuan, Guizhou, Gansu, Xinjiang, and Tibet. The inspections, audits, and media exposure will be prominent. Carry out mobile supervision and inspection on issues, urge local governments to do a good job of rectification, and ensure that policy implementation is not deviated and work implementation is not out of shape. Fourthly, more than 10 departments jointly issued the "100 Questions and Answers to Relocation and Poverty Alleviation Work in the New Era", and held multiple sessions on the promotion and relocation of poverty alleviation and relocation policies to further clarify policy boundaries and standardize working procedures.
Wu Mengwei: Second, support weak infrastructure construction in poor areas. On the one hand, multiple measures are taken to strengthen funding support. We will further strengthen the supply of poverty alleviation policies, and introduce policies and measures for the state to arrange public welfare construction projects in poor areas and cancel related supporting funds. Focus on infrastructure and basic public service facilities, and continue to increase investment support for central budgets in poor areas. For example, the central budget for rural poverty alleviation roads in 2019 was set to invest 2.6 billion yuan, of which 119 million yuan was used for the construction of the "slow train" toll road project, which effectively alleviated the problem of travel difficulties for people in poor areas. The central government invested 5.92 billion yuan in labor to support the construction of small and medium-sized public welfare infrastructure in rural areas in poverty-stricken areas, organized poor people to participate in the construction of engineering projects, paid about 600 million yuan in labor services, and effectively promoted poor people's local employment and income. On the other hand, focus on poverty alleviation and development in key areas. Formulate the main points of work for the development and construction of revolutionary old areas in 2019, hold inter-ministerial joint meetings to support the revitalization and development of the former Central Soviet Areas such as southern Gansu, and promote the revitalization and development of key revolutionary old areas such as Shaanxi, Gansu, Ningxia, Gansu, Fujian, Sichuan, Shaanxi, Dabie Mountains, and Zuojiang The plan was implemented.
Third, help targeted poverty alleviation counties to overcome poverty. Take the lead in exploring the development of poverty alleviation by government agencies at the central and national levels. The "Feiyan +" Fuzhi Program Education Fund was set up to reward students from poor families in poverty-stricken counties and to reward outstanding rural teachers. Twenty-eight cadres were selected to help the poverty-stricken counties in designated areas, to hold training courses for cadres training at the grassroots level in 2019, and to guide the cadres at the grassroots level to carry out squatting surveys.
Meng Wei: In the fourth aspect, the progress of the construction of the social credit system
The first is the release of a list of institutions that can undertake special credit training tasks and issue credit reports. In order to improve the credit punishment mechanism for administrative penalty information and protect the rights and interests of dishonest subjects, in May, the Commission issued the "Notice on Further Improving the Credit Repair Mechanism for Administrative Penalty Information for" Credit China "Websites and Local Credit Portals, clarifying the acts involving dishonesty. The scope of administrative penalty information classification, the time limit for the publication of administrative penalty information, the standardization of credit repair, and the strengthening of the main responsibility of credit repair work, etc. According to the requirements of the notice, recently, the National Public Credit Information Center released the first batch of 13 credit service agencies that can undertake special credit training tasks and the first batch of 62 credit service agencies that can issue credit reports for credit repair applicants.
The second is to strengthen the collection and sharing of credit information. As of the end of June, the total number of aggregated credit information sharing platforms across the country continued to grow, with a total of 36.883 billion pieces of credit information. "Credit China" website publicized 126 million pieces of administrative license information and 39.35 million pieces of administrative penalty information.
Meng Wei: The third is to strengthen the joint punishment of dishonesty. In June, 503,100 subjects of untrustworthy blacklists were added, involving 455,500 untrustworthy subjects, and 120,400 subjects withdrawn from the untrustworthy blacklist. Since the implementation of the information disclosure system of the list of dishonest persons executed in October 2013, as of the end of June, the national courts have issued a total of 14.43 million person-times of dishonest persons. The 4.37 million unscrupulous persons were deterred by credit punishment to actively fulfill their legal obligations.
The fourth is to promote special governance in key areas. In the field of counterfeiting and cheating in examinations, the China Office and the State Office recently issued the "Opinions on Further Promoting the Spirit of Scientists and Strengthening the Construction of Style and Style of Study", which clearly states that serious violations of scientific research integrity requirements shall be investigated and punished, and responsibility shall be recovered as appropriate People's gains are recorded in the database of scientific research integrity and serious dishonesty according to procedures, and "zero tolerance" is implemented, and "one vote veto" is used in promotion use, recognition and encouragement, and participation in projects. In the area of special governance related to financial dishonesty, a total of 415 blacklists were issued in the sixteenth batch, including severely dishonest debtors, illegal fund-raising individuals, illegal fund-raising companies, and other serious illegal lists.
Fifth is to carry out comprehensive evaluation of public credit. Organized the National Public Credit Information Center and third-party institutions to further promote the comprehensive evaluation of public credit for a full range of market entities. At present, more than 33.13 million market entities have completed the first phase of evaluation. At the same time, industry evaluations in key areas such as listed companies and childcare continued. The "Credit China" website announced the results of the fourth phase of the evaluation in the field of natural gas, which provided important support for credit supervision.
The above is what I took the initiative to introduce to you today. I am willing to answer your questions below. Please ask questions.
Xinhua News Agency: My question is from the economic situation in the first half of the year, what are the main risks and challenges facing the Chinese economy today? Are we confident in achieving the expected economic and social development goals for the whole year? Thank you.
Meng Wei: Thank you for your question. Everyone knows that the National Bureau of Statistics released the macroeconomic data for the first half of the year yesterday. The data shows that since this year, China's economic operation has continued to be generally stable, stable and progressive, and the positive factors for promoting high-quality development have been increasing.
The so-called "stable" means that the main economic indicators are kept within a reasonable range. In the first half of the year, China ’s GDP increased by 6.3% year-on-year and was within the expected target range of 6% -6.5%; 7.37 million new jobs were created in cities and towns, 67% of the year ’s target tasks were completed, and the national urban unemployment rate remained at 5% The consumer price rose 2.2%, with a moderate increase; the international balance of payments was basically balanced, and foreign exchange reserves remained above US $ 3 trillion.
The so-called "progress" refers to the continuous optimization of the economic structure and the increase of positive factors for promoting high-quality development. In terms of industrial structure, in the first half of the year, the added value of the tertiary industry accounted for 54.9% of GDP, 15 percentage points higher than the secondary industry, and the service industry production index increased by 7.3%. Among the industries above designated size, strategic emerging industries and The high-tech industry maintained rapid growth. From the perspective of demand structure, with the implementation of a series of policies to promote the formation of a strong domestic market, consumption has maintained steady growth. The total retail sales of consumer goods in the first half of the year increased by 8.4%, and the contribution rate of final consumer expenditure to economic growth was 60.1%. Efforts have been intensified, and investment in fixed assets has increased by 5.8%. Of these, investments in short-term areas such as ecological protection and environmental governance, and education have increased by 48% and 18.9%. From the perspective of the element structure, scientific and technological progress, improvement of laborers' quality, management innovation and other contributions are increasing. Innovation and entrepreneurship are expanding in depth. The average daily number of newly registered enterprises in the first half of the year reached 19,400. At the same time, the development coordination between regions has continued to strengthen, reform and opening up have been further advanced, the business environment has continued to be optimized, people's livelihood and welfare have continued to improve, and society has maintained harmony and stability.
Wu Mengwei: What needs to be seen is that the domestic and international environment facing China's economic development is still complicated. From the external environment, uncertain factors have risen, the world economy and trade growth have slowed down, geopolitical instability and economic operations have increased risks. From the perspective of the internal environment, the resolution of the long-standing domestic structural institutional contradictions requires a process. The economic operation is facing new downward pressure. The real economy still has more difficulties, and there are still many shortcomings in the field of people's livelihood. In the face of these issues, we must have a clear understanding and adhere to the bottom line thinking; we must also strengthen our confidence and maintain our strategic determination. China is still in a period of important strategic opportunities, and the long-term positive fundamentals and megatrends of our economy have not changed and will not change.
In the next step, the National Development and Reform Commission will work with relevant departments to resolutely implement the deployment of the Central Economic Work Conference and the “Government Work Report”, adhere to the general tone of the work of progress while maintaining stability, strive to manage its own affairs, and coordinate and promote stable growth, reform, and adjustment. Structure, benefit people's livelihood, prevent risks, and maintain stability, and make greater efforts to do a good job in the "six stability". Adhere to the direction of high-quality development and unswervingly, strive to expand high-level opening through deepening market-oriented reforms, and stimulate the vitality of market players; vigorously cultivate and form a strong domestic market to release market potential; and continue to promote innovative development and industrial upgrading to strengthen new development momentum. For new situations and challenges in economic operation, we will strengthen policy evaluation, optimize policy mix, strengthen policy coordination, pay close attention to policy implementation, and ensure that China's economic operation is within a reasonable range.
CLP Media China Power News reporter: us
