National Development and Reform Commission: will further standardize local economic stimulus actions.
On January 20, the State Council Information Office held a press conference to introduce the implementation of the spirit of the Central Economic Work Conference and promote the good start of the "Fifteenth Five-Year Plan". Wang Changlin, Vice Director of the National Development and Reform Commission, stated that to promote supply achieving dynamic balance and virtuous circulation at a higher level, it is necessary to consistently focus on deepening the unified national market construction in the regulation of market operations and fully stimulate market vitality. The key is to comprehensively rectify "internal competition" and shift from "rolled prices" to "optimal value". It is necessary to improve mechanisms such as market access, fair competition, and capacity elimination, strengthen capacity regulation, actively resolve the temporary contradictions of oversupply, further refine local investment attraction, and regulate local economic promotion activities.
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