Auto Home appliance consumption New Deal intensive to expand domestic demand

Source: Internet
Author: User
Keywords Unveiled this year withdrew
Every reporter Wan Xia from Beijing all kinds of signs suggest that policymakers in the "stimulus policy when the exit" problem is not worried. On the one hand, faced with the lack of vitality in the economy, on the other hand, in the European debt crisis, China has formed a 10-year external demand expansion of the economy facing remodeling.  Recently, the relevant ministries and departments to introduce or extend the stimulus policy to help the economy to take the road of consumption expansion as soon as possible.  New policy delayed expansion of the Ministry of Commerce, the Ministry of Finance and the Ministry of Environmental Protection yesterday jointly issued the "home appliances to the old trade promotion work plan", home appliances to replace the new policy will be from the pilot 9 provinces and cities to increase to 28, the extension of the implementation period is tentatively scheduled for June 1 to December 31 this year, and plans to expand to the country As a response to the financial crisis, to stimulate domestic consumption of one of the measures, from June 1, 2009 onwards, Beijing, Tianjin, Shanghai and other sites to carry out the old home appliances to replace the new policy.  Policy for consumers to subsidize the price of new home appliances 10%, and to participate in the old for the new home appliances enterprises and recycling of old home appliances enterprises subsidies.  Yesterday, the three ministries announced a new plan to expand the coverage of this policy, the new provinces including Hebei, Shanxi, Liaoning, a total of 19 provinces and cities. The continuation of the stimulus policy is not only a demonstration of the continuation of the stimulus, but also a footnote to the recent policy of sustained stimulus.  Premier Wen Jiabao said May 31 in Tokyo, should be prepared to prevent the world economy two times, it is too early to talk about the exit mechanism.  If the recent focus on the introduction of some of the policies in tandem, it is not difficult to find that our government has not done "quit" the intention, but also steadily for the further economic recovery "backing."  June 1, the four Ministerial committee issued a joint "on the private purchase of new energy vehicles subsidy pilot Notice", Shanghai, Changchun, Shenzhen, Hangzhou, Hefei a total of 5 cities as a pilot, private purchase of new energy vehicles per vehicle can enjoy a maximum of 60,000 yuan subsidy.  Subsequently, the Ministry of Finance and other four ministries and committees issued the "energy-saving vehicles (1.6 liters and the following passenger cars) to promote the implementation of the Rules, for the displacement of 1.6L and below the passenger car models, the state grants 3000 yuan/car subsidies, the rules in the nationwide promotion of implementation."  In fact, in the near future, including electric vehicles, range hood, including many varieties of household appliances into the countryside directory, and "Building materials to the countryside" there are rumors will be introduced this year. Although there is no 4 trillion investment in the size of the big, but a number of more attention to the people's Livelihood and industrial restructuring and development policies in the details of the full "Kung Fu". In fact, the details also bring a recovery tension.  Statistics show that from 3 to May this year, home appliances with old for new sales growth of 21%, the policy led to the role of household electrical appliances significantly.  Fine-tuning control and control efforts "economic stimulus policy is not easy to withdraw", the national Development and Reform Commission China Macroeconomics Society Secretary-General Wang Jian told the "Daily Economic news", the Chinese economy does not exist overheating one said that the two-quarter macroeconomic data to be released in July would be generally lower than the first quarter. Wang JianAnalysis, the May PMI index has a downward trend, despite the obvious economic stimulus in the introduction of the policy, but this year's macroeconomic trend will still be "downward", last year "V"-type reversal of the route map will not reappear this year.  Li Huiyong, chief macroeconomic analyst at Wanguo, also believes the Chinese economy, which began decelerating in March, will continue to decelerate in the next 2~3 quarter.  Guo Tianyong, director of the China Banking Research Center at the Central University of Finance and Economics, said any unconventional, external stimulus policy would be withdrawn, but would not be a hasty exit when the fundamentals of economic recovery were not yet strong. Experts said that the current is not too big to introduce a stimulus package, macro-control more from the introduction of a period of intensive to see the implementation of the effect of the "monitoring period", and then into the fine-tuning period.  Li Huiyong said that this year, China's macro-policy has been doing fine-tuning, running data good-policy tightening-observation effect-the cycle of policy. The Bank of China Institute of International Finance recently released a report suggesting that fiscal policy should be based on the premise of maintaining the stimulus, the structural tax reduction as an important option for the next step; monetary policy should be to manage inflation expectations as the focus of policy implementation, while moderate tightening, pay attention to the pace and intensity of policy.
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