Six ＂Focus＂ and five ＂Big Articles＂ keywords convey the new trend of economic work in 2024.

　　CCTV News:On the morning of December 13th, 2023-2024 China Economic Annual Conference was held in Beijing. At the meeting, Lin Zechang, director of the Comprehensive Department of the Ministry of Finance, said that in order to achieve the goals and tasks of economic and social development in 2024, the proactive fiscal policy in 2024 should be moderately strengthened, improving quality and efficiency, and doing six "efforts".

　　Lin Zechang said that efforts should be made to support the construction of a modern industrial system, actively support scientific and technological innovation, ensure the demand for funds for tackling key core technologies, continue to increase support for basic research, deepen the reform of the allocation and use mechanism of scientific and technological funds, and adjust and optimize the use direction of funds.

　　Efforts will be made to expand effective demand, continue to make good use of local government special bonds and investments in the central budget, give play to the leading role of government investment, make good use of social security transfer payments and other tools, increase residents’ investment through multiple channels, and enhance consumption capacity.

　　Lin Zechang, Director of the Comprehensive Department of the Ministry of Finance:Efforts should be made to promote the coordinated development of urban and rural areas, adhere to the priority development of agriculture and rural areas, and support the comprehensive promotion of rural revitalization. Focusing on ensuring national food security, we will implement the strategy of "storing grain on the ground and storing grain in technology" and steadily implement the subsidy policy for farmland fertility protection.

　　Efforts will be made to promote green and low-carbon development, continue to promote the prevention and control of air pollution and the protection of water ecological environment, increase the protection and restoration of ecosystems, and promote the construction of a large-scale protection system from the top of the mountain to the ocean. Continue to support the green and low-carbon transformation in key industries such as industry, transportation and construction, and continue to optimize the support policies for clean energy.

　　Efforts will be made to safeguard and improve people’s livelihood, continue to implement the employment priority strategy, promote the employment and entrepreneurship of key groups, and strengthen social security measures.

　　Efforts will be made to enhance financial sustainability, strengthen early warning and monitoring of local financial operations, increase tracking and monitoring of areas with weak financial resources and high risks, strengthen financial fund scheduling, and timely discover and dispose of potential risks in financial operations.

　　Doing Five "Big Articles" on Digital Finance of Science and Technology Green and Inclusive Pension

　　At the 2023-2024 China Economic Annual Meeting held by China International Economic Exchange Center, Lu Lei, member of the Party Group and Deputy Director of the State Administration of Foreign Exchange, said that the effect of monetary policy continued to show, and the financial sector was making efforts to do five "big articles" on science and technology, green, inclusive, pension and digital finance.

　　Lu Lei said that the scale of China’s money and credit stock is already very large. It is necessary to deeply understand the connotation and function of activating incremental funds and give full play to the role of idle and inefficient stock funds. Even if the new money and credit grow less, it can also strongly support the development of the real economy. Secondly, with the transformation of economic structure and the return of finance, the investment in credit will be adjusted accordingly.

　　Lu Lei, Deputy Director of the Party Group of the State Administration of Foreign Exchange:In the past, more real estate and local financing platform credit may decline. At the same time, the increment and proportion of loans in key areas such as scientific and technological innovation, manufacturing, green development, and universal benefits are all rising significantly. At the same time, the proportion of direct financing will also increase in the future, which will have a benign substitution effect on loans, and the quality and efficiency of credit services to the real economy will inevitably improve significantly.

　　Lu Lei said that in the next stage, we should actively revitalize the inefficient financial resources and improve the efficiency of capital use. Every year, 80% of all loans in China need to be recovered and put back. By improving the allocation efficiency, the effective revitalization of these stocks and the annual increase can effectively support economic growth.