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(1) The situation and countermeasures of foreign direct investment of China

Ding Xuedong

Foreign direct investment has become an important way for China to participate in the global resource allocation and adjust domestic economic structure. This paper focuses on the analysis of the general situation of China’s foreign direct investment and new trends and new features in recent years, reveals prominent problems and risks of foreign investment, puts forward policy suggestions to find out the overall situation of foreign investment, improve the foreign investment promotion system, upgrade the comprehensiveness of foreign investment, and actively respond to the whole risks of foreign investment.

(2)The research on increasing financial support for precise poverty alleviation

Song Hai

Financial support is the most important means of poverty alleviation in China at this stage. From a practical point of view, financial support for precise poverty has a comparative advantage and irreplaceable role, but there are some shortcomings, for example, the main responsibility for financial poverty relief has not yet been clarified at the national level, the relevant national policy documents on poverty alleviation have rules but without operation details, making hard to follow in practice. To further improve the financial poverty alleviation, the government should perfect and clarify national regulation and policies on financial support for poverty alleviation, make clear financial funds as discounted, guaranteed and risk compensated funds, establish a national financial poverty alleviation guarantee institution and risk compensation institution, establish a national policy agricultural insurance institution, implement the main functions of financial institutions for poverty alleviation to specific financial institutions, select financial support projects to the highest standards, innovate rural financial products and services, and vigorously drive financial ecological environment construction in poor areas.

(3)Thoughts on how to promote the structural reform of supply side

Gao Shangquan

In the face of the new normal of China’s economic and social development, promoting the structural reform of the supply side is the strategic adjustment of central government. Promoting the supply side structural reforms needs a accurate understanding of its connotation and extension; Reducing capacity is the primary task of structural reform of supply side, the core is to dispose zombie companies, combined with poverty alleviation and “going out”; reducing inventory should be combined with the rural reform; reducing taxes should pay attention to the adjustment of the gap between the rich and the poor; the government should provide institutional guarantee for the supply side structural reform, and further deepen the reform of the government; at the same time, we should emancipate our minds and promote people’s free and all-round development, providing the impetus for innovation.

(4)Special topics on the “China economic annual meeting (2016-2017)”

Ning Jizhe, Zhang Xiaoqiang and Li Yining

Jointly organized by the Chinese Center for International Economic Exchanges and the Xinhua News Agency, the national high-end “2016-2017 China economic think-tank annual meeting was held in Beijing in December 17, 2016. The theme of this annual meeting is “surrounding the main line, focusing on tackling, making progress while maintaining stablility and striving for perfection”,learning to interpret the central economic work conference, sticking to the deepening of structural reforms of supply side, to complete the five tasks of reducing capacity, reducing inventory, removing leverage, reducing costs, and making up short board, as well as exert the leading role of reform, opening up and innovation, foster and strengthen the new growth momentum. This issue publishes the speeches of three experts, Zhang Xiaoqiang, Ning Jizhe and Li Yining, in the annual meeting.

(5)Analysis and Prospect of world economic situation in 2016-2017

Chen Wenling and Yan Shaojun

In 2016 both world economic and trade grew in the doldrums, the outlook of economic growth is unclear, more contradictions and problems intertwined, the world economic growth is facing many uncertain risks. But for 2017 or for a longer period of time, the world economy and China’s economy, moving into the new normal of low growth, are facing many challenges while fostering new opportunities for development. When facing the complex external environment, China must have a clear understanding and correct judgment, tackling challenges and difficulties while focusing on our own domestic issues, striving to promote the supply side structural reform, fostering new economic growth momentum, enhancing China’s economic ability to resist risks; China must adhere to the basic national policy of opening up, continue to promote the economic globalization process, study and formulate a package of coping strategy for the new situation, extend the cycle of strategic opportunities and economic growth, while continuing to promote the reform of the global macro-management system, create a better external environment.

(6)Building a perfect system of children’s welfare with international experience

Tian Fan and Sun Xi

In our country, the number of left-behind children is very large. With the development of urbanization, the issue of left-behind children has gradually become a prominent social problem in the process of China’s transformation. In fact, China’s attention to the problem of children is not enough, there is no special child welfare system. The United States and Norway, two developed countries, have experience in the child welfare system, child welfare agencies, child welfare and other aspects, it is worth learning for china. In future work, we should define the direction of system construction, transform child welfare concept, improve child welfare legislation, establish specialized child welfare agencies and mobilize social resources to participate in children’s welfare course.

(7)The field investigation and consideration on the national policy of precise poverty reduction

Liu Xuemin

Based on the on-the-spot investigation, this paper argues that to achieve precise poverty locally is closely related with the economic cycle in the operation of macro economy; in the current situation, to solve the problem of poverty, the biggest difficulty is to withstand the pressure of the economic downturn, create new impetus for economic development,and ensure the realization of sustainable development. To achieve precise poverty reduction, the local government must have the big ideas for development and planning, which is far more important and more meaningful than specifically supporting one farmers’ poverty relief; based on the “negative income tax”, we can make current precise poverty-reduction policy more precise. Through the implementation of the “negative income tax”, we can give birth to the self-help power for poor households.

(8) Policy suggestions for accelerating the improvement of labor productivity in China

Liu Xiangdong

China’s economy is in a critical period of stride over the “middle income trap”. Improving labor productivity will become one of the driving forces to maintain long-term healthy development of economy and society in China, help to improve the Chinese economic “gold content” and building a well-off society, and contribute to the smooth stride across the “middle income trap”. In recent years, China’s overall labor productivity is still showing an upward trend, with the growth rate being slowing, and no longer has a global lead. The next 5 to 10 years, China’s labor productivity has still much room for improvement. Improving labor productivity cannot rely on the reduction of employment, but rely on the implementation of innovation-driven strategy, change the mode of economic development, continuously improve the quality of workers and efficiency of production and innovation, to realize comprehensively the level of total factor productivity, accelerate the strategic emerging industries, promote the technological transformation of enterprises, improve production and management level, strengthen the occupational education, cultivate innovation gene, develop modern high-efficiency agriculture, protect intellectual property rights and other policy measures.

(9) Vigorously develop private economy and promote a new round of revitalization in Northeast China

Yuan Lixing, Chen Huaihai, Zhang Bin and Duan Zhixiang

At present, the private economy in the Northeast gradually expands the scale, its strength increasing, its social contribution becoming more prominent, its role in boosting economy growing, and becoming an important part of the northeast economy, an important force of science and technology innovation, the main channel of employment, the main source of income for urban and rural residents. Because there are still problems or restrictions of government’s development concept lagging behind, the threshold of market access being too high, poor financing environment, the weak, imperfect and irregular administrative service function, the backward development ideas and management, weak innovation ability, lack of talent and other factors limiting itself, the private economy in the northeast is still relatively small,weak and the low level. Therefore, it is necessary to increase policy support, optimize the soft investment environment as the focal point, strengthen security of capital, talent and other elements, promote “public entrepreneurship, mass innovation”, and enhance the development of endogenous power of private economy, promote the transformation and upgrading of enterprises, accelerate the new round of the Northeast revitalization.

Editor：Huang Yongfu