On the supply side reform ministries one after another recruit a number of papers at the first half of the introduction of Sohu financial 22 meeting of the Central Political Bureau meeting this year’s government work report proposed in the discussion draft, the supply side structural reform will be a priority. Before the report was submitted to the National People’s Congress for deliberation, the major ministries and commissions have already made moves. Zhengbao reporter combing found that these policies are mainly concentrated in the iron and steel production capacity, coal to real estate inventory, through decentralization continues to trend, the enterprise related stocks to implement a new round of reform of rural power grid to make up the short board. Among them, the real estate policy to stock the most intensive, only in February so far, more than 10 ministries issued a five pound policy relates to drop down, improve the provident fund account deposit rates, lower real estate transactions related tax, regulate land reserves and fund management etc.. However, there are more supply side reforms, and specific policies are expected to be introduced in the first half of the year. Real estate inventory policy is the most intensive, in this year’s supply side reform, to capacity policy is not only "head", and the most clear goal. On February 4th and 5, the State Council issued the "opinions on the coal industry to resolve the excess capacity to achieve the development of extricating difficulties" and "opinions on the steel industry to resolve excess capacity to achieve the development of extricating difficulties". Among them, the State Council made clear quantitative indicators of coal Yajian capacity: from the beginning of 2016, with 3 to 5 years, and then exit the capacity 5 tons, 5 tons reduction restructuring. To implement the spirit of the proposal, in February 18th, the national energy board held a meeting to refine the task of production capacity. In 2016, more than 1000 coal mines were shut down, with a total capacity of 60 million tons. In February 19th, the NDRC, the Ministry of industry and information, the SASAC jointly convened a teleconference to defuse the excess capacity of steel. The meeting put forward, comprehensively prohibit the new steel production capacity, through the exit according to law, guide active withdrawal and other ways to effectively quit the excess capacity of iron and steel. However, in many policies, the real estate inventory policy is the most intensive. According to incomplete statistics of the Shanghai Stock Exchange, since February, just 20 Yu Tian, the central bank, the development and Reform Commission and other more than 10 ministries have introduced five heavy measures, almost every week the property market policy. In February 2nd, the central bank and China Banking Regulatory Commission announced that the city’s down payment would be reduced to 25%, and the minimum urban down payment rate could be as low as 20%. In February 14th, the central bank, the national development and Reform Commission, the Ministry of industry and credit and other eight ministries jointly issued "opinions on financial support for industrial steady growth, structural adjustment and increasing benefits", of which seventh proposed to accelerate the securitization of housing loans assets". In February 17th, the central bank, the Ministry of housing, the Ministry of Finance issued a notice, decided since February 21st, the employee housing provident fund accounts and current deposit rates, perform three months deposit benchmark interest rate from the current collection in accordance with the time, adjusted to a uniform according to the benchmark one-year deposit interest rate. The same day, the Ministry of finance, the State Administration of Taxation and the Ministry of housing also issued another notice, announced the reduction of real estate transactions related taxes and fees. For individuals.

部委接踵放招供给侧改革 多份文件望上半年出台-搜狐财经   22日召开的中央政治局会议在讨论今年政府工作报告稿时提出,供给侧结构性改革将是工作重点。而在这份报告稿即将提交全国人大代表审议前,各大部委已纷纷出招。   上证报记者梳理发现,这些政策主要集中在钢铁煤炭去产能、房地产去库存、通过简政放权持续为企业减负 相关公司股票走势 、实施新一轮农村电网改造以补短板等方面。其中,房地产去库存的政策最为密集,仅2月份迄今,已有10余部委接连出台了五项重磅政策,涉及降首付、提高公积金账户存款利率、下调房地产交易环节相关税费、规范土地储备和资金管理等方面。   不过,还有更多的供给侧改革具体政策有望上半年陆续出台。   房地产去库存政策最密集   在今年供给侧改革中,去产能政策不仅“打头阵”,而且目标最为明确。   2月4日、5日,国务院相继发布《关于煤炭行业化解过剩产能实现脱困发展的意见 》和《关于钢铁行业化解过剩产能实现脱困发展的意见 》。其中,国务院明确了煤炭产能压减的量化指标:从2016年开始,用3至5年的时间,再退出产能5亿吨左右、减量重组5亿吨左右。   为落实意见精神,2月18日,国家能源局召开会议细化了去产能的任务。其要求,2016年力争关闭落后煤矿1000处以上,合计产能6000万吨。   2月19日,发改委、工信部、国资委联合召开化解钢铁过剩产能工作部署电视电话会议。会议提出,全面禁止新增钢铁产能,通过依法依规退出、引导主动退出等方式切实退出钢铁过剩产能。   不过,在诸多政策中,房地产去库存政策最为密集。据上证报不完全统计,自2月份以来,短短20余天里,央行、发改委等10多个部委相继出台了五项重磅措施,几乎每周都有楼市政策出台。   2月2日,央行、银监会宣布,将不限购城市首付下调至25%,不限购城市首付比例最低可至20%。   2月14日,央行、发改委、工信部等八部委联合印发《关于金融支持工业稳增长调结构增效益的若干意见》,其中第七条提出“加快推进住房贷款资产证券化”。   2月17日,央行、住建部、财政部发布通知,决定自2月21日起,将职工住房公积金账户存款利率,由现行按照归集时间执行活期和三个月存款基准利率,调整为统一按一年期定期存款基准利率执行。   同一天,财政部、国税总局和住建部还发布了另外一则通知,宣布下调房地产交易环节的相关税费。对于个人购买90平方米及以下的家庭唯一住房和二套改善性住房,统一减按1%税率征收契税。   2月23日,财政部、国土部、央行、银监会联合发布《关于规范土地储备和资金管理等相关问题的通知》,要求进一步规范土地储备行为,合理确定土地储备总体规模。通知还指出,自2016年1月1日起,各地不得再向银行业金融机构举借土地储备贷款。   “在诸多政策中,实际上功效最大的政策是商业贷款首付比例下调到20%的新政,这样一个政策甚至比降息等政策更有效果。” 易居研究院智库中心研究总监严跃进在接受上证报记者采访时说。   严跃进说,从目前各地的执行情况看,除一线城市和省会城市外,其他三、四线城市都有条件实施。这使得此类城市后续购房的活跃度容易上升,并且进一步提高了全国房地产市场的去库存节奏。   改革配套文件上半年有望陆续出台   本周一召开的中央政治局会议再次明确,着力加强供给侧结构性改革。会议提出,抓好去产能、去库存、去杠杆、降成本、补短板,加强民生保障,做好重点领域风险防控。   可以预见,供给侧改革将成为今年政府工作报告的重点。目前中央正在研究制定供给侧改革方案,分析人士预计,未来供给侧改革的任务将进一步细化,并在国务院层面出台相关执行文件。   中金公司在最新发布的研报中就指出,“去产能、降成本、去库存、降杠杆、补短板”的五大目标会得到进一步的分解和明确,相关文件将在上半年陆续出台。   事实上,除中央层面的政策外,部委及地方政府未来也将出台多项涉及供给侧改革的措施。   比如,在去产能方面,据上证报记者了解,在国务院出台煤炭、钢铁去产能意见后,国资委将根据意见研究提出产能退出总规模、分企业退出规模及时间表,据此制订实施方案及配套政策。   在降成本方面,年初国务院已经部署清理规范一批政府性基金收费项目,持续为企业减负。而国家工商行政管理总局局长张茅22日在国新办发布会上透露,“今年拟和税务部门联合实现个体工商户的‘两证合一’,减少个体工商户登记的时间,降低它的成本。”   23日,商务部部长高虎城在国新办发布会上表示,今年供给侧改革发力重点主要在解决商品品种、价格、质量、安全、购物环境等方面的问题。他特别提到价格方面会涉及税费调整问题,尤其是居高不下的物流成本。   而房地产去库存政策仍是市场最为关注的领域。接受上证报记者采访的多位分析人士均预期,未来有更多配套政策出台。   严跃进认为,“如果从全国性的角度看,在购租并举市场的建立、房贷利息抵扣个税方面可能会推出新的政策。”   交行金融研究中心研究员夏丹也认为,尽管目前房地产交易交易税费已有所下调,但力度比较小,还会继续调整。此外,二套房利率未来还有较大的下行空间,公积金贷款额度上也有松动空间。相关的主题文章: