Xi Jinping presided over the eighth meeting of the Central Financial and Economic Committee, emphasizing the overall promotion of the construction of a modern circulation system to provide strong support for the construction of a new development pattern.

Xi Jinping, general secretary of the CPC Central Committee, state president, chairman of the Central military Commission and director of the Central Financial and Economic Commission, presided over the eighth meeting of the Central Financial and Economic Commission on the afternoon of September 9 to study the smooth circulation of the national economy and the construction of a modern circulation system, and to study the implementation of the decisions and arrangements of the Central Financial and Economic Commission since the 19th CPC National Congress. Xi Jinping delivered an important speech at the meeting and emphasized that the circulation system plays a fundamental role in the national economy. To build a new development pattern, we must take the construction of a modern circulation system as an important strategic task. It is necessary to implement the new concept of development, promote high-quality development, deepen supply-side structural reform, give full play to the decisive role of the market in the allocation of resources, give better play to the role of the government, and comprehensively promote the construction of hardware and software of the modern circulation system. we will develop new circulation technologies and new business models, improve institutional norms and standards in the field of circulation, and cultivate and strengthen modern logistics enterprises with international competitiveness, to provide strong support for the construction of a new development pattern with the domestic large cycle as the main body and the domestic and international double cycle promoting each other.
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Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee, Premier of the State Council, and Deputy Director of the Central Finance and Economics Committee; Wang Huning, member of the Standing Committee of the Political Bureau of the CPC Central Committee, secretary of the Central Secretariat, and member of the Central Finance and Economics Committee; Han Zheng, member of the Standing Committee of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council, and member of the Central Finance and Finance and Economics attended the meeting.
The meeting heard reports from the National Development and Reform Commission, the Ministry of Transport, the Ministry of Commerce, and the People's Bank of China on the smooth circulation of the national economy and the construction of a modern circulation system, and heard reports from the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, and the Ministry of Ecology and Environment., Emergency Management Department, People's Bank of China and other departments on the implementation of the decisions and deployments of the Central Finance Committee meetings since the 19th CPC.
The meeting pointed out that the construction of a modern circulation system is of great significance to the construction of a new development pattern. In the process of social reproduction, circulation efficiency and production efficiency are equally important, and it is an important aspect to improve the overall operating efficiency of the national economy. An efficient circulation system can link production and consumption on a larger scale, expand the scope of transactions, promote the deepening of the division of labor, improve production efficiency, and promote wealth creation. Domestic circulation and international circulation are inseparable from the efficient modern circulation system.
The meeting emphasized that since the 18th National Congress of the Communist Party of China, my country's circulation system has made significant progress, the national backbone circulation network has gradually improved, new business models and new models in the circulation field have continued to emerge, the construction of a unified national market has been accelerated, and the environment for the circulation of commodities and factors has improved significantly. The distribution industry has played an important role in the fight against the new coronary pneumonia epidemic. At the same time, the modernization of China's circulation system is still not high, and there are still many blocking points that need to be opened up.
The meeting pointed out that it is necessary to speed up the improvement of the domestic unified market, form a virtuous circle of mutual promotion of supply and demand and simultaneous development of production and marketing, shape a market-oriented, legalized and international business environment, and strengthen the role of competition policy. It is necessary to build a modern comprehensive transportation system, form a unified and open transportation market, optimize and improve the layout of comprehensive transportation channels, strengthen the capacity building of high-speed rail freight and international air freight, and accelerate the formation of a safe and efficient logistics network with internal and external connectivity. It is necessary to improve the modern trade circulation system, cultivate a number of modern circulation enterprises with global competitiveness, promote digital, intelligent transformation and cross-border integration, strengthen standardization construction and green development, and support the transformation, upgrading and healthy development of trade circulation facilities related to residents' daily life. It is necessary to improve the social credit system, speed up the construction of an important product traceability system, and establish and improve a new credit-based regulatory mechanism. We should strengthen the construction of financial infrastructure such as payment and settlement, deepen the structural reform of the financial supply side, and provide more financial products that go directly to the main operators of all circulation links. We should seriously study the experience of dealing with the new coronary pneumonia epidemic, and speed up the establishment of an emergency logistics system with sufficient reserves, rapid response and strong impact resistance.
The meeting emphasized that since the 19th National Congress of the Communist Party of China, the Central Finance and Economics Committee has made a series of major decisions and deployments, and various departments have conscientiously implemented them and introduced many policies and measures. The results have been remarkable. At present, the domestic and international environment for my country's development is complex and severe, and many problems must be planned and promoted from a long-term perspective and a strategic height. Many of the matters studied and decided at the meeting of the Central Financial and Economic Committee are long-term and strategic events related to the country's economic and social development. It is necessary to strengthen the centralized and unified leadership of the Party Central Committee over economic work, enhance the initiative and consciousness of implementation, and better implement the major decisions and arrangements made by the Party Central Committee.
The meeting pointed out that the key to achieving the "two maintenances" must be reflected in actions, to enhance the sense of purpose, to establish a correct view of political achievements, and to implement it from a political perspective. The focus of implementation is on practical results, and the key is whether the objectives of the policy formulation have been achieved. It is necessary to translate the major decisions made by the Party Central Committee into specific policies and regulations in a timely manner, strengthen inter-departmental coordination and cooperation, and enhance strategic consistency. It is necessary to set up work accounts, reconcile accounts in a timely manner, improve the evaluation mechanism, and do a good job in supervising and inspecting the implementation of major decisions.
Members of the Central Financial and Economic Committee attended the meeting, and responsible comrades of relevant departments of the central and state organs attended the meeting as nonvoting delegates.

Reprinted from: Central wide network