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On the morning of March 7, the Financial and Economic Committee of the 14th National People’s Congress held a plenary meeting to review the 2024 plan report submitted by the State Council to the Second Session of the 14th National People’s Congress based on the review opinions of various delegations and relevant special committees. and review draft plans, budget reports and draft budgets. The meeting adopted the “Report on the Review Results of the Financial and Economic Committee of the 14th National People’s Congress on the Implementation of the National Economic and Social Development Plan in 2023 and the Draft National Economic and Social Development Plan in 2024” and the “Report on the Review Results of the 14th National People’s Congress” Report of the General Assembly’s Financial and Economic Committee on the results of the review of the implementation of the central and local budgets in 2023 and the draft central and local budgets in 2024. These two review results reports will be submitted to the Presidium of the National People’s Congress in accordance with the rules of procedure of the National People’s Congress.

The Financial and Economic Committee adheres to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, studies and implements the spirit of the 20th National Congress of the Communist Party of China and the Second Plenary Session of the 20th Central Committee of the Communist Party of China, adheres to the leadership of the Party, improves its political position, and serves the overall work of the Party and the country. , focusing on the decision-making and deployment of the Party Central Committee, focusing on the thoughts and hopes of the people, and in accordance with the requirements of doing a good job in the work of the National People’s Congress with high quality, and conscientiously carry out plan and budget review work in accordance with the law.

The Financial and Economic Committee believes that the implementation of the National Economic and Social Development Plan for 2023 is good. The draft plan for 2024 proposed by the State Council is in line with the spirit of the 20th National Congress of the Communist Party of China, the Second Plenary Session of the 20th Central Committee of the Communist Party of China and the Central Economic Work Conference, in line with the requirements of the “14th Five-Year Plan” outline, in line with the actual economic and social development, overall requirements, goals and tasks, Policy orientations and specific measures are basically coordinated and matched, and are generally feasible. It is recommended that the second session of the 14th National People’s Congress approve the “Report on the Implementation of the National Economic and Social Development Plan in 2023 and the Draft National Economic and Social Development Plan in 2024” proposed by the State Council, and approve the 2024 National Economic and Social Development Plan. Draft development plan.

The Financial and Economic Committee believes that the implementation of the 2023 budget is good. The 2024 budget report and central and local budget drafts proposed by the State Council are in line with the spirit of the 20th National Congress of the Communist Party of China and the Second Plenary Session of the 20th Central Committee of the Communist Party of China, the spirit of the Central Economic Work Conference, and the annual economic and social development goals and overall macro-control requirements. The main revenue and expenditure The policies are basically coordinated and matched, comply with the provisions of the budget law, and are generally feasible. It is recommended that the second session of the 14th National People’s Congress approve the “Report on the Implementation of the Central and Local Budgets in 2023 and the Draft Central and Local Budgets in 2024” proposed by the State Council, approve the draft central budget in 2024, and also approve the draft 2024 central budget. The general debt limit of local governments is 17,268.922 billion yuan, and the special debt limit is 29,518.508 billion yuan.

2024 is the 75th anniversary of the founding of the People’s Republic of China. It is a critical year for achieving the goals and tasks of the “14th Five-Year Plan”. It is of great significance to do a good job in economic and social development. Under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, and guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we must fully implement the spirit of the 20th National Congress of the Party and the Second Plenary Session of the 20th Central Committee of the Communist Party of China, and in accordance with the deployment of the Central Economic Work Conference, Earnestly implement the 2024 National Economic and Social Development Plan, the 2024 Central Budget and related resolutions reviewed and approved by the Second Session of the 14th National People’s Congress, adhere to the general tone of seeking progress while maintaining stability, fully, accurately and comprehensively implement the new development concept, and accelerate Build a new development pattern, strive to promote high-quality development, comprehensively deepen reform and opening up, promote self-reliance and self-reliance in high-level science and technology, increase macro-control efforts, coordinate the expansion of domestic demand and deepen supply-side structural reform, coordinate new urbanization and comprehensive rural revitalization, and coordinate High-quality development and high-level security, effectively enhance economic vitality, prevent and resolve risks, improve social expectations, consolidate and enhance the positive trend of economic recovery, continue to promote the economy to achieve effective qualitative improvement and reasonable quantitative growth, enhance people’s livelihood and well-being, and maintain social stability. stability, and comprehensively promote the construction of a strong country and the great cause of national rejuvenation with Chinese-style modernization. We must maintain a spirit of hard work, have the courage to take on responsibilities, strengthen our confidence, and work hard.

The Financial and Economic Committee put forward eight suggestions for the implementation of the 2024 plan: first, do a good job in overall coordination of macro policies, second, develop new productive forces, third, expand domestic demand, fourth, deepen reform and expand opening up, and fifth, stimulate the vitality of business entities. , the sixth is to effectively prevent and resolve risks in key areas, the seventh is to promote the construction of ecological civilization and green and low-carbon development, and the eighth is to do a good job in key areas such as people’s livelihood.

The Financial and Economic Committee put forward six suggestions for the implementation of the budget and fiscal work in 2024: first, focus on strengthening the financial guarantee for major national strategic tasks; second, effectively protect and improve people’s livelihood; third, continuously improve the efficiency of budget management; fourth, accelerate the establishment of the same level To develop a government debt management mechanism suitable for quality development, the fifth step is to plan a new round of fiscal and taxation system reform, and the sixth step is to strictly enforce financial discipline.