The needs and possibilities, with the goal of building a moderately prosperous society dovetail with the economy expanding and upgrading adapted to the requirements, in line with the law of development, in line with objective reality. At this rate maintained for a long period of development, the material basis to achieve modernization will be more abundant. Steady growth but also to preserve employment, with the proportion of service sector rose, small and micro enterprises and increase economies of volume increases, the rate of about 7% can be achieved relatively full employment. Around from reality, proactive, tap potential, strive for better results. Government work this year, to grasp the following three points. First, stabilize and improve macroeconomic policies. Continue to implement the proactive fiscal policy and prudent monetary policy, pay more attention to pre-tune fine-tuning, pay more attention to directional control, good use of incremental and revitalize the stock, focusing on weaknesses. Microscopically support dynamic macro stability, to supply the expanding demand driven innovation, promote structural adjustment of the total balance, to ensure that a reasonable range of economic operation. Proactive fiscal policy to afterburner efficiency. This year projected a deficit of 1.62 trillion yuan, an increase of 270 billion yuan more than last year, the deficit ratio increased from 2.1% last year to 2.3%. Among them, the central government deficit 1.12 trillion yuan, an increase of 170 billion yuan; local budget deficit 500 billion yuan, an increase of 100 billion yuan. Handle the relationship between debt management and steady growth, innovation and improvement of local government debt financing mechanism. Appropriate issuing special bonds. Guarantee qualified financing for projects under construction, to prevent and resolve risks. Optimize the structure of fiscal expenditure, vigorously revitalize the stock funds and improve efficiency. Continue to implement structural tax cuts and cut fees to further reduce the enterprises, especially small and micro enterprises burden. Prudent monetary policy to an appropriate degree. Broad money M2 is expected to grow about 12% in the actual implementation, according to the economic development needs to be slightly higher. Strengthen and improve macro-prudential management, flexible use of open market operations, interest rates, deposit reserve ratio, lending and other monetary policy tools to maintain steady growth of money and credit and social financing scale. Accelerate cash flow, optimize the credit structure, increase the proportion of direct financing and reduce the social cost of financing, so that more financial resources to be channeled into the real economy. Second, Paul
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