Guiding Significance of the Central Economic Work Conference to the in the Coming Year
The Central Economic Work Conference was held in Beijing in December. The meeting pointed out that to achieve the expected goals next year, we must stick to the word stability.
From an international perspective, the cyclical slowdown of the global economy in 2019 has impacted the global supply chain and industrial chain layout. The global economy is expected to remain at a low level in 2020. From a domestic perspective, the pains of structural adjustment continue to appear, the pressure on debt sustainability under high leverage has increased, the pressure on local government funding gaps have increased, the coordination between policies is insufficient, and the downward pressure on the economy continues.
Compared with last year ’s Central Economic Work Conference and the Politburo Conference in July this year, there are several new changes in the real estate policy of this conference. One is that it does not continue to say “do not use real estate as a short-term means of stimulating the economy”; The statement of "stabilizing land prices, housing prices, and expectations" made it clear that the purpose of real estate regulation is not to make housing prices fall; the third is to emphasize the "comprehensive implementation of measures based on cities", meaning that local governments may have greater control over real estate regulation Degrees of freedom.
In other words, the purpose of real estate regulation is to stabilize the real estate market, not to tighten it blindly. In recent years, many cities have adopted some loosening measures, which fully reflects the flexibility and freedom of policy. At the same time, the meeting proposed to strengthen urban renewal and the reconstruction of existing housing, and to do a good job in urban old quarters. The steady development of the real estate industry will inevitably increase the overall demand of the timber industry next year.
In the fight against pollution, after several years of vigorous efforts to improve the environment, the ecological quality has improved markedly, and progress has been made in the treatment of air, water, and soil pollution, but the results have not been solid. It is also necessary to continue the defense of the blue sky, clear water and pure land, accelerate ecological restoration, let the concept of green development become more popular, the foundation of the green development system is stronger, the green economy is stronger, and strive to achieve new victories in pollution prevention. It will inevitably raise higher environmental protection requirements for the wood processing industry.