State Council: Increase The Intensity Of "Directional Reduction" Measures

Li Keqiang, premier of the State Council, chaired the executive meeting of the State Council on May 30th, and decided to further reduce and standardize the charges related to enterprises, lighten the burden of enterprises, deploy and implement the financial support for the real economy, and decide to conduct a comprehensive inspection of the implementation of the policies and measures promulgated by the State Council.

The meeting held that reducing and standardizing the charges related to enterprises and looking at the hands stretched out to enterprises are important measures to deepen reform, decentralization and standardize market order, which is of great significance for reducing operating costs and encouraging investment and entrepreneurship.

The meeting confirmed that the first one was the regular tax clearance. Abolish the government's charging items that provide universal public services or reflect general management functions. It is a long-term measure to temporarily exempt small and micro enterprises from management, registration and licensing administrative fees. In accordance with the law, we will incorporate the tax fund projects with tax nature into the corresponding taxes. The two is to establish a list management system for enterprises, and all fees should be included in the list, open to the public and supervised. No more charges should be charged outside the list. The three is to clean up and standardize the fees for administrative examination and approval service. Directory management is required if government pricing or guidance prices are to be implemented. Strictly regulate the charges of trade associations and intermediary organizations. The four is the establishment of new administrative fees and government funded projects involving enterprises, which must be stipulated by laws and regulations. We should establish a mechanism of reporting and feedback on enterprises' burdens and strictly investigate charges such as arbitrary fees, fines and apportionment.

The meeting heard the State Council's financial support for the implementation of the relevant policies of the real economy. It is pointed out that the "ten financial items" introduced in July last year played a positive role in promoting economic development, strengthening weak links and improving the financial system. In the current steady economic operation, but the downward pressure is still large, we must adhere to a prudent monetary policy, while implementing the existing policies, deepen financial reform, adjust the structure in a timely and appropriate manner to fine tune, and dredge the financial services of the real economy.

First, we must maintain Money and credit And reasonable scale of social financing scale. Increase " Directional calibration "Measures are made to reduce the reserve ratio of banking financial institutions that meet the needs of the" three rural "and small and micro enterprises which meet the needs of the structural adjustment and meet the demand of the market. Expand support for small and micro enterprises refinancing and special financial debt scale. We should revitalize the loan stock by increasing the write off of bad debts, promoting securitization of credit assets and improving macro Prudential Management. Two, we should reduce the cost of social financing. Regulate businesses such as peers, trusts, financial management, entrusted loans and so on, and clean up unnecessary funds "passageways" and "bridge crossing" links, so as to shorten the financing chain. Special charges for banking charges will be carried out, and no charges will be lifted. Reduce the guarantee cost of small and micro enterprises. Three, we must optimize the financing structure. We should uphold support and control and increase support for key national construction, enterprise transformation and service industries. Four, we need to improve financial services. Improve the efficiency of loan approval. We should strengthen the construction of rural credit system and mortgage guarantee system. Expand coverage of agricultural insurance. Five must strengthen risk We should monitor and supervise, improve the mechanism of financial market default and bankruptcy, strengthen local government debt management, and guard against financial risks.

In order to speed up the implementation of policies and measures for steady growth, promoting reform, adjusting structure and benefiting the people's livelihood, and establishing a good political style of saying yes and doing things, improving the credibility of the government and enabling enterprises and the masses to enjoy the dividend policy, the meeting decided to carry out a comprehensive inspection of the implementation of the policies and measures promulgated by the State Council. Focusing on the slow progress, we should find out the causes, put forward countermeasures, and get through the "first mile" and "last mile", to break the "middle obstruction" and eliminate the institutional obstacles to the landing of the policy.

At present, the power list system has been established. It is not allowed to be an official mess. It should also clarify and strengthen its responsibilities and overcome the "no matter what happens, rather than do things" officials do not want to do things and "do not seek to be too hard, but only to get through". The meeting called for the inspection to focus on innovation, both at all levels of government self-examination and on-site inspection, and the introduction of the third party assessment and social evaluation, both local and regulatory departments. The State Council will send an inspection team to carry out serious accountability for ineffective implementation, to promote policies and measures as soon as possible, to see actual results, and to ensure the goal of economic and social development this year. Other matters were also discussed.