In terms of deleveraging, the Central Economic Work Conference pointed out that under the premise of controlling the total leverage ratio, reducing the leverage ratio of enterprises is the top priority. 20 17 debt-to-equity swap will continue to deepen in the direction of marketization and rule of law, promote the elimination of backward production capacity, reduce the leverage ratio of enterprises, and create conditions for deepening supply-side structural reform.
In terms of cost reduction, in 20 17, China will continue to implement and improve tax reduction and fee reduction policies such as the reform of the camp, further reduce the burden on enterprises, and give full play to the positive effects of tax reduction policies on economic and social development. At the same time, deepen decentralization, reduce institutional transaction costs, further clean up and standardize funds and fees, then cancel, adjust and standardize a number of administrative fees, and make public the list of central and local fees.
To promote the five major tasks as a whole, it is necessary to go to the old and establish the new.
In terms of making up the shortcomings, it is not simply to increase investment, but to increase effective supply from the perspective of meeting demand. 20 17 will effectively improve the accuracy and effectiveness. Starting from the important areas and key links that seriously restrict economic and social development and the outstanding problems that the people urgently need to solve, we will fill in the shortcomings of soft and hard, development and system, and increase investment in weak links and key areas such as poverty alleviation, public services, innovation capability, ecological civilization and soft and hard infrastructure.
Taking the coordinated development of urban and rural areas as an example, in 20 17, efforts will be made to control "urban diseases", more than 2,000 kilometers of construction sites under common ditches will be newly opened, the construction of sponge cities will be accelerated, urban black and odorous water bodies will be continuously rectified, winter cleaning and heating in northern areas will be accelerated, smog control will be vigorously promoted, and ten projects to improve rural living environment will be vigorously promoted.
The ultimate goal of supply-side structural reform is to meet demand, the main direction is to improve supply quality, and the fundamental way is to deepen reform. At present and in the future, the task of grasping planning, overall planning and implementation is still arduous and arduous. Under the strong leadership of the CPC Central Committee, all localities and departments should be firm in their determination, take advantage of the situation, roll up their sleeves and work hard to promote reform and achieve practical results.