Key points of the “Suggestions of the Communist Party of China Central Committee on Formulating the 15th Five-Year Plan for National Economic and Social Development”
Clarify the core goal of high-quality development: Maintain economic growth within a reasonable range, steadily improve total factor productivity, continuously enhance the leading role of domestic demand in driving growth, advance the in-depth development of the national unified big market, and ensure that residents’ income grows in line with economic growth and labor remuneration increases in tandem with labor productivity.
Strengthen technological innovation and digital-intelligent development: Tackle key core technologies in key areas such as integrated circuits and industrial mother machines, promote the construction of a Digital China, implement the “AI +” initiative, deepen the integration of the real economy and the digital economy, and strengthen basic research and original innovation.
Dual-drive of boosting consumption and expanding effective investment: Launch special actions to boost consumption, expand the supply of high-quality goods and services, and cultivate international consumption center cities; maintain reasonable investment growth, optimize the structure of government investment, stimulate the vitality of private investment, and advance major landmark engineering projects.
Break down barriers to build a national unified big market: Unify basic market systems and rules, eliminate barriers to factor flow and market access, rectify “involutionary” competition, standardize market supervision and law enforcement, reduce logistics costs, and build a market order of sound competition.
Give play to the guarantee role of fiscal policy: Implement a proactive fiscal policy, deepen the zero-based budget reform, optimize the expenditure structure, improve the local tax and direct tax systems, standardize tax incentives, and enhance fiscal sustainability and the capacity to guarantee major strategies and basic people’s livelihoods.
Oct 28 Block Trade Info
*Discount
-Kuang-Chi Tech (002625 CH) saw 4 block trades worth 241.16mn at 44.66yuan per share, 2.49pct discount from last closing.
-Botanee Bio-tech (300957 CH) saw 1 block trade worth 368.21mn at 43.70yuan per share, 4.10pct discount from last closing.
-Everprox Tech (300548 CH) saw 19 block trades worth 238.02mn at 96.60yuan per share, 15.00pct discount from last closing.
-Hangzhou Oxygen Plant (002430 CH) saw 1 block trade worth 364.02mn at 26.06yuan per share, 0.31pct discount from last closing.
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