△A-share industry sector gains. Screenshot of Oriental Fortune Software
Six aspects and 33 measures to stabilize the economy
The circular requires that all localities and departments should earnestly shoulder the responsibility of stabilizing the macro-economy, do a good job in the implementation of the decision-making arrangements of the CPC Central Committee and the State Council in the spirit of nailing nails, effectively stabilize the economy in the second quarter, strive to lay a solid foundation for development in the second half of the year, and keep the economy running in a reasonable range.
In terms of fiscal policy, * * * has seven measures, including further strengthening the VAT refund policy; Accelerate the progress of fiscal expenditure; Accelerate the issuance and use of local government special bonds and expand the scope of support; Make good use of government financing guarantee and other policies; Increase government procurement to support small and medium-sized enterprises; Expand the implementation of social security fee deferred payment policy; Increase support for stable jobs.
In terms of monetary and financial policies, we will encourage small and medium-sized enterprises, individual industrial and commercial households, truck drivers' loans and personal housing and consumer loans affected by the epidemic to postpone the repayment of principal and interest; Increase the support of Pratt & Whitney small and micro loans; Continue to push the real loan interest rate down steadily; Improve the efficiency of capital market financing; Increase financial institutions' support for infrastructure construction and major projects.
Six policies, such as stabilizing investment and promoting consumption, include accelerating a number of effective water conservancy projects; Accelerate investment in transportation infrastructure; Continue to promote the construction of urban underground common ditch according to local conditions; Stabilize and expand private investment; Promote the healthy development of platform economy; We will steadily increase the bulk consumption of automobiles and household appliances.
In terms of ensuring food and energy security, the "Notice" requires improving policies such as food income security; Under the premise of ensuring safe, clean and efficient utilization, release high-quality coal production capacity in an orderly manner; Accelerate the implementation of a number of energy projects; Improve the coal reserve capacity and level; Strengthen the reserve capacity of energy resources such as crude oil.
In terms of policies to ensure the stability of industrial chain supply chain, including reducing the cost of hydropower network of market players; Promote phased reduction and exemption of housing rents for market participants; Increase support for civil aviation and other industries that are greatly affected by the epidemic; Optimize the policy of returning to work and reaching production; Improve the policy of ensuring smooth traffic and logistics; Coordinate and increase support for logistics hubs and logistics enterprises; Accelerate the construction of major foreign investment projects and actively attract foreign investment.
Policies to protect basic livelihood, including the implementation of phased support policies for housing provident fund; Improve the support policies for agricultural transfer population and rural labor employment and entrepreneurship; Improve social and people's livelihood security measures.
A-shares and Qi Xin, a Hong Kong stock, joined forces, and the consumer and technology sectors performed strongly.
On May 3 1 day, the main indexes of A-share market fluctuated weakly in the morning, and began to exert their strength near midday, and rose strongly in the afternoon. At the close, the Shanghai Composite Index rose 1. 19% to close at 3 186.43. The GEM index rose by 2.33%, regaining the 2400 mark, and the Kechuang 50 index rose by 3.37%. On that day, more than 3,000 stocks rose, exceeding the daily limit of 100 stocks, and the total turnover of the two cities exceeded 900 billion yuan, which was enlarged compared with the previous days. On the same day, the net inflow of funds from Shanghai, Shenzhen and Hong Kong to the north was 654.38+03.865 billion yuan, a significant net inflow for the third consecutive trading day.
On that day, A-share semiconductors, wind power equipment, consumer electronics and other emerging growth sectors all performed well. High-speed rail electric, Chang Ying Precision, Huaxing Yuanchuang, Puyuan Jingdian and Yingjixin all closed at a daily limit of "20CM". The number of new shares in the scientific and technological innovation board rose one after another. Congyun Technology, one of the "AI Four Little Dragons", rose more than 30% that day, which once triggered a temporary suspension in the session. Hong Kong technology stocks also performed strongly, with the Hang Seng Technology Stock Index rising more than 3% in the afternoon.
With the approach of "6 18" and the Dragon Boat Festival holiday, the A-share consumption sector has also continued to exert its strength, and the food and beverage, tourist hotels and other industries and the concept of pre-cooked dishes have soared. On May 3 1, black sesame, Gan Yuan Food, Sunshine Dairy, Hong Guang Holdings and many other stocks, while Kweichow Moutai, the "stock king", returned to the 1800 yuan mark.
Recently, a series of steady growth policies and measures have been released one after another to convey confidence to the market. Earlier, on May 25, a national video conference on stabilizing the economy was held, demanding that the package of stable economic policies promulgated by the National People's Congress be implemented before the end of May. According to the latest Notice, in the near future, the General Office of the State Council will, together with relevant parties, carry out special supervision on the steady growth and employment of market players in relevant provinces.
According to the May PMI data released by 3 1, the purchasing managers' index (PMI) of China's manufacturing industry in May was 49.6%, up 2.2 percentage points from the previous month. Non-manufacturing PMI rose to 47.8%, up 5.9 percentage points. Huatai Securities commented that the national epidemic prevention and control measures were more detailed, the logistics rebounded from a low point, and the situation of both production and sales recovered. The overall logistics situation in the country has improved, and the previously blocked logistics network has gradually recovered. The supplier delivery time index rose by 6.9 percentage points to 44. 1%.
Zheshang Securities said that the new order index rebounded by 5.6 percentage points to 48.2%, with steady growth and multiple measures, the demand improved significantly, and the economic prosperity will be further boosted in June. "In May, the PMI index of service industry rose by 7. 1 percentage point to 47. 1%, which is highly repairable. We believe that with the implementation of normalized nucleic acid testing, the bottom recovery of consumption is extremely certain. It is recommended to pay attention to the relevant consumer industrial chains such as catering, airports, tourism, aviation and hotels, and continue to see more stable growth chains. "