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China's income distribution reform plan needs to be introduced as soon as possible
On the morning of August 28, Zhang Ping, director of the National Development and Reform Commission, told the Standing Committee of the National People's Congress the "Report of the State Council on the Implementation of the National Economic and Social Development Plan for the Year", saying that the pressure on housing prices in the real estate market has increased recently. Zhang Ping said that in the second half of this year, the real estate market regulation and control policies will be stabilized, and speculative investment demand will be resolutely suppressed to prevent housing prices from rebounding. The situation has recently increased the pressure on housing prices. Zhang Ping said that in the first half of this year, the real estate market regulation policy achieved phased results, and speculative investment demand was effectively curbed. In July, among the 70 large and medium-sized cities, 58 new urban residential prices fell year-on-year. . But recently, the pressure on housing prices in the real estate market has increased. In this regard, Zhang Ping said that in the second half of this year, the real estate market regulation and control policies will be stabilized, speculative investment demand will be resolutely curbed, and the supply of ordinary commodity housing, especially small and medium-sized housing, will be effectively increased to prevent housing price rebound; public opinion guidance will be strengthened to stabilize market expectations. Avoid false information misleading. At the same time, accelerate the establishment of a long-term mechanism and policy system for the regulation of the real estate market. When deliberating on the real estate policy, it is not appropriate to have a one-size-fits-all review report on the afternoon of the 28th. Real estate regulation has also become a hot topic for members. Some members believe that the regulation and control policy should continue to be implemented, but some representatives have suggested that the real estate policy should not be "one size fits all". "The issue of real estate regulation is clearly clear by the State Council, but the local government is not clear. Therefore, the local government is inconsistent with the central government. This is an important issue in the current macroeconomic regulation and control." He Wei said that the Brazilian financial crisis and the Asian financial crisis, as well as Thailand's Real estate is enough to warn that China should continue to implement real estate regulation. Liu Shoupei, a deputy to the National People's Congress, believes that real estate policies should not be "one size fits all" and should be different. "This problem is more prominent at the city and county levels. Now the county's fiscal revenue sources in the western region are mainly based on two aspects: one is transfer payment, and the other is selling land. This is an indisputable fact. Liu Shoupei said that now real estate From the perspective of the central government, macroeconomic regulation and control is correct, but the tightening aspect of specific policies continues to tighten, and the relaxation is moderately relaxed.†Wu Xiaoling said that real estate is an important part of investment, real estate regulation We should aim at “residence and residence†rather than price control. We must separate the different boundaries between the housing security of the people and the housing market. The government's duty is to provide housing for those who cannot obtain a place to live through the market. The economic situation increased by 7.8% in the first half of the year. The CPI rose by 3.1% in July. Zhang Ping said that economic difficulties may continue for a period of 28 days. Zhang Ping, director of the National Development and Reform Commission, said in the report that the preliminary accounting results showed that the GDP in the first half of the year was higher than that of the previous year. The increase was 7.8%. Zhang Ping said that the current domestic and international environment facing China's economic and social development is still complicated and severe, and some uncertain factors may bring new shocks. Economic difficulties may continue for some time. The situation of external demand is weak and it is difficult to change in the short term. "The implementation of the national economic and social development plan is good. The various policies and measures that have been introduced are seeing results, and economic growth is showing a slow and steady trend." Zhang Ping said, preliminary accounting, on the The half-year GDP grew by 7.8% year-on-year, with 8.1% and 7.6% respectively in the first and second quarters, down 0.8 and 0.5 percentage points respectively from the previous quarter, and the quarterly decline narrowed. Zhang Ping said that in the first quarter, CPI rose by 3.8% year-on-year, and the second quarter rose to 2.9%. The first seven months were 3.1%, which was controlled within the 4% target set at the beginning of the year. “The fall in the rise in food prices is the main factor driving the decline in consumer prices.†Zhang Ping said that although China’s economic development fundamentals are good and economic growth is slowing down, there are still many unfavorable factors that affect the smooth operation of the economy. In the external environment, the downward pressure on the world economy has increased, and instability and uncertainties have increased. In the domestic environment, Zhang Ping analyzed the four aspects of expanding domestic demand, business operation, structural adjustment, and agricultural production, and believed that economic difficulties may continue for some time. In the first seven months of this year, foreign trade exports increased by 7.8%, of which only 1% in July. "From the trend point of view, the situation of sluggish external demand will not change much in the short term. In addition, the export competitive advantage of some products in China will weaken, the export environment will become increasingly severe, and the future export situation will not be optimistic." At the same time, he said, market expectations. Prudent, corporate investment willingness and ability to weaken, these restrict the expansion of domestic demand. In addition, the recent housing market rebound pressure has increased. In the fields of food and drug safety, income distribution, land acquisition and demolition, and safe production, there are still outstanding problems. "All measures need to be taken seriously to solve them." The measures will carry out large- scale illness insurance for urban and rural residents. "The more difficult it is, the more important it is to pay attention to and meticulously do a good job in people's livelihood." Zhang Ping said that the focus of people's livelihood work in the second half of the year will include: speeding up the improvement of the national health insurance system and carrying out urban and rural residents. Major illness insurance, improve the primary health care and public health service system. “7·21†Beijing's heavy rainfall and natural disasters have exposed the deficiencies in urban flood control and disaster mitigation. Zhang Ping specifically mentioned that the next step will be to strengthen the planning and construction of urban flood control and drainage facilities and improve the ability to cope with natural disasters. It is also one of the key points of people's livelihood in the second half of this year. "Expanding domestic demand, especially consumer demand, is an effective way to stabilize growth." Zhang Ping said that in the second half of the year, it will vigorously develop information, culture, tourism, fitness and other service consumption, standardize the development of new consumer formats such as online shopping; The 36 “implementation rules†are actually launching a number of specific projects in which private capital can participate in investment and construction. In the second half of the year, the overall price level will remain basically stable. We will implement a plan to ease the cyclical fluctuations in the price of the live pig market to avoid the ups and downs of pig production. Hot Development and Reform Commission: In the second half of the year, we will promptly formulate proposals for income distribution plan members, and we should pay attention to the widening gap in income distribution. Some media reports have previously been reported that the income distribution system reform plan will be introduced in October this year. Yesterday, Zhang Ping said that in the second half of the year, he will promptly formulate a reform plan for the income distribution system. At the time of the group deliberation on the afternoon of the 28th, Qi Chunchun said that although the current rural per capita income growth rate is higher than the urban residents' income growth ratio, the absolute value of urban residents' income and rural residents' income is not narrowing, but continues to widen. "It is necessary to attach great importance to the problem of disparity in distribution. The unfair distribution and the widening income distribution gap have created an imbalanced mentality. This is a big social problem and I hope to come up with some practical measures." "To promote domestic consumption, we should strengthen the income distribution system. Reform. It has been called for eight years, and has not been introduced yet.†Wu Xiaoling said that the income distribution system reform plan should not focus on the equality of the results of the national income distribution pattern, but should focus on the equality of the starting point in the initial distribution and fair competition. surroundings. "The initial allocation of efficiency, it is likely that income gaps will occur, and should be corrected by secondary allocation. The second allocation is fair, but the current secondary distribution does not make a positive adjustment to the results of one allocation, but instead reverses The adjustment did not adjust the unreasonable pattern, but it worsened." Development and Reform Commission: The real estate tax pilot steadily promoted the proposal that the property tax should be legislated for the current real estate tax pilot situation, Zhang Ping, director of the National Development and Reform Commission, said "steadily advance." Minister of Finance Xie Xuren said in his budget report on August 28 that the pilot project for personal housing property tax reform will be steadily promoted in the second half of this year. When the group deliberated on the afternoon of the 28th, Commissioner Wu Xiaoling proposed that the property tax should not be piloted again. "The tax should still be legislated by the National People's Congress. What is the purpose of the property tax and what is the object of adjustment? This issue should be discussed clearly. The legislative process of the National People's Congress is A process of unified understanding, even if the time is longer, but as long as there is a draft, there is a policy orientation, and everyone has an expectation that will adjust their behavior." "Everyone's voice is to adjust the price with property tax. I think it is very difficult to adjust the price of the property tax." Commissioner Wang Guangtao said, "The property tax is property ownership tax. If the property tax is adjusted according to the possession tax, how can this matter be evaluated? Wang Guangtao suggested that the top-level design of real estate should be strengthened to comprehensively study the relationship between the real estate market and housing. The view that "7 trillion investment is scary" not long ago, there is news that the local government will come up with 7 trillion investment. When the group deliberated on the afternoon of the 28th, many members talked about this data. "Now the investment has started to loosen some more. The local bank is 7 trillion. This is also scary. The local government does not have the financial resources to invest. Bank borrowing, now the local financing platform has exceeded 10 trillion, and it is very risky to increase local debt." Yan Yixin said. Commissioner Yang Zhengwu said, "The last round of 4 trillion investment, the legacy of the problem has not been fully digested. If you introduce a few trillion yuan of investment, then the price paid is not only overcapacity, but will further overdraw in the next few years. Investment demand, there is a vicious circle of the economy."