The Central Economic Work Conference was held in Beijing from February 5, 2005 to February 6, 2006. The meeting stressed that it is necessary to adhere to the direction of socialist market economy reform, enhance the systematicness, integrity and coordination of reform, and promote the next step of reform with greater political courage and wisdom.
According to the six main tasks of economic work in 20 13 put forward by the central economic work conference, four main beneficiary lines are sorted out, such as expanding domestic demand, urbanization construction, consolidating agricultural foundation and tax reform.
First, expand domestic demand.
1. Cultivate a number of consumption growth points with strong pulling force.
The Central Economic Work Conference emphasized that macro-control should be strengthened and improved in economic work in 20 13 years to promote sustained and healthy economic development. Firmly grasp the strategic basis of expanding domestic demand, cultivate a number of strong consumption growth points, enhance the basic role of consumption in economic growth, and give full play to the key role of investment in economic growth.
In the "troika" of investment, consumption and export, China's investment and export always "run too fast". With the international economic crisis entering a period of deep adjustment, external demand continues to be weak, and investment needs to be digested urgently. Expanding domestic demand has become a new economic growth point in the future. The data shows that the total retail sales of social consumer goods of 2011.81.226 million yuan increased in nominal terms 17. 1% year-on-year. It is the consensus of the whole society in China to make domestic demand the engine of growth.
In fact, the market has long expected to expand domestic demand, and many topics have long been hot topics in China, such as: further promoting the reform of the income distribution system and improving the income level of residents; The policy of stimulating household appliances should be continued, and new policies should be innovated and introduced; Establish e-commerce and supporting systems, and suggest that the government support the logistics construction of key enterprises.
From the performance of the sector, affected by favorable expectations, as of June 14, Black Peony, Fanghua Textile, Hengshun Vinegar, Dongfang Electric Heating, Renhe Pharmaceutical, Seven Wolves, Evergreen Group, Yangpu Medical, Schwab Silk, Zhonghe Shares and Hunan and Hubei Affairs all increased more than June 18. TCL Group, hisense electric, Fanghua, Renhe Pharmaceutical, Yilite, Jilin Aodong, Qingdao Haier, Fujian South and other stocks all had net capital inflows of more than 50 million yuan in February.
Look at the specific industries involved in the concept of big consumption. Fast food consumption has entered a golden period of development. The government's support for consumption, consumption upgrading, further improvement of urbanization rate, the continuous development of modern retail industry and the acceleration of people's life pace will make the fast food consumption industry usher in a period of strategic opportunities for rapid development. It is predicted that the next 5- 10 years will be the golden stage of the development of fast food consumption industry.
In addition, the logic of the expansion of the pharmaceutical industry remains unchanged, and the prospects remain unchanged. In 2025, the population aged 60 and over in China will reach 300 million, which will bring huge medical needs. The increasing government investment in health care and the decreasing proportion of personal expenditure will further stimulate the release of medical demand. A large amount of capital participates in the medical and health market, providing impetus for the innovation and development of the industry. In recent years, the approval of generic drugs and new drugs in China has been gradually tightened. Policies encourage innovation and standardization, and high-quality enterprises will gain greater market space. Long-term optimistic about the positioning of serious diseases and rich product lines of Hengrui Pharma and East China Medicine, optimistic about Chinese medicine consumer goods Jiang Zhong Pharmaceutical and Yunnan Baiyao.
2. Black peony
Net profit has increased substantially.
The company is the only A-share listed company in the domestic cowboy industry. The product sales area covers more than 20 provinces and cities in China and more than 30 overseas countries and regions. 90% of its products are exported to Japan, Hong Kong, Macao, Europe and America. It has been praised by foreign businessmen as the first brand of jeans in China, and has become one of the three best-selling brand-name fabrics of American jeans. At present, the company has an annual output of 80 million meters of denim, 8 million pieces of denim clothing, 8 million meters of various yarn-dyed fabrics, and spinning10.5 million tons.
In addition, the company's development business mainly serves the construction of new towns in northern Changzhou, occupying the core area in business development. Xinbei District covers an area of 439 square kilometers, and urbanization currently accounts for only 1/5 of the whole territory of Xinbei District. Since its reorganization in 2009, the company has gradually formed a complete industrial chain integrating urban infrastructure construction, first-class land development, affordable housing construction, real estate development, first-class land development, www.southmoney.com market construction in Wan Qingliang, construction and operation of science parks, development of new industries and innovation of traditional industrial models. The company's third quarterly report of 20 12 shows that Jiangxi Trust, the top ten tradable shareholders, holds a total of 6.5438+0.73 million shares (the three trusts held a total of 5.58 million shares in the previous period); The number of shareholders decreased by about 7% compared with the previous period, and the chips tended to be concentrated.
2012,6543819 October, Black Peony Real Estate, a wholly-owned subsidiary of the company, signed an agreement with Xinbei Land Reserve Center to purchase the land use right of the plot on the east side of Hengshan Road on the south side of Liaohe Road in Xinbei District, Changzhou. According to the agreement, the total price of land purchased by the New North Land Reserve Center is1670,000 yuan, and the difference between the purchase amount and the net book value of land assets is about 1. 168.
Investment in innovative industries
It is reported that the company focuses on emerging industries such as new materials, new energy, energy conservation and environmental protection, and combines urban industrial upgrading planning to invest in emerging industries that emphasize technology and capital. Peony Jiangnan Innovation Industry Investment Co., Ltd., a wholly-owned subsidiary, has a registered capital of 300 million yuan, which is mainly used for investing in unlisted equity, acquiring other high-quality assets, incubating outstanding small and medium-sized enterprises, introducing advanced technologies and investing in the company's existing technological transformation. At present, Yixing Jiangnan Tianyuan Investment Fund with a total scale of 654.38 billion yuan has been successfully established, and invested in landmark technology, Jisheng Xingtai and other projects.
The company's "2009 -20 14 Development Plan Outline" revealed that as a promoter of urban resource integration and value discovery, it will become a management holding group company with regional influence and brand appeal. By 20 12, the pattern of urban resource development platforms such as industrial upgrading and urban construction has basically taken shape; The market value of the company is fully displayed. By 20 14, the leading position of new investment industry will be basically determined. The brand value of the company is outstanding; The company's performance has steadily increased, and shareholders' investment has steadily returned. Overall requirements, the average annual return on net assets in the planning period is not less than 10%, and the increase of return on assets of listed companies reaches150% of the increase of GDP in Changzhou; At the end of the planning period, the total annual profit of listed companies will reach 65.438+0.5-2 billion yuan.
In addition, the company also shares in finance. According to the 20 12 interim report, the company holds 1. 1 billion shares of Bank of Jiangsu, with an initial investment cost of132 million yuan.
3、TCL
Founded in 198 1, the company is one of the largest consumer electronics enterprise groups in China with a global scale. TCL has formed four major industrial groups: multimedia, communication, Huaxing Optoelectronics and TCL household appliances, and six major business segments: System Technology Headquarters, Tyco Group, Emerging Business Group, Investment Business Group, Hanlinhui Company and Real Estate.
2012,65438 The announcement on February 7th disclosed the sales data of main products in 10, and16543810 sold LCD TVs in October, with a year-on-year increase of 25.80. 597,000 smart TVs and 277,200 3D TVs); The sales volume of mobile phones was 5,065,438+700,000 units, up by 8. 17% year-on-year (including 932,600 smart phones, up by 284.38% year-on-year); Huaxing photoelectric liquid crystal glass substrate165438+110.2 million pieces (8.5 generation line 2200mm*2500mm) sold in October.
4. Gree Electric
At present, the company is the world's largest specialized air-conditioning enterprise integrating R&D, production, sales and service. Gree brand air conditioner under the company is the only "world famous brand" product in China air conditioner industry, and its business covers more than 0/00 countries and regions in the world. It has six production bases in Zhuhai, Chongqing, Hefei, Brazil, Pakistan and Vietnam, with more than 50,000 employees. Up to now, more than 7,000 varieties and specifications of 20 categories, 400 series, such as household air conditioners and commercial air conditioners have been developed. 20 1 1 year realized an operating income of 8351700 million yuan, a year-on-year increase of 37.35%.
From the performance point of view, the third quarterly report of 20 12 shows that the company's net profit and operating income in 20 1210-September were 5.332 billion yuan and 7,765,438+65 million yuan respectively, and the net profit and operating income increased steadily. The increase in sales expenses is due to the increase in sales and the increase in marketing efforts; The increase of management expenses is caused by the expansion of scale; The year-on-year decrease in income from changes in fair value is due to the fact that changes in fair value in the current period are profit and loss in the same period of last year; The year-on-year decline in investment income is due to the decrease in income realized by forward foreign exchange transactions.
Second, lay a solid foundation for agriculture
1, rural policy adjustment is concerned.
The Central Economic Work Conference pointed out that it is necessary to consolidate the agricultural foundation and ensure the supply of agricultural products. Taking solving the "three rural issues" as the top priority of the whole party's work, we must persist in it for a long time and never waver, and we must never ignore and relax agriculture because of the bumper harvest in successive years. China has a population of1300 million. Only by firmly holding the rice bowl in your own hands can we maintain the overall social stability. It is necessary to improve the comprehensive agricultural production capacity, strictly protect cultivated land, vigorously develop farmland water conservancy, strengthen scientific and technological services, and constantly improve the level of agricultural material, technology and equipment. It is necessary to stabilize and improve the policy of strengthening agriculture, benefiting farmers and enriching farmers, fully protect and mobilize farmers' enthusiasm for production and operation, and make farming and grain production profitable. On the basis of adhering to and improving the basic rural management system, we should innovate the agricultural management system and accelerate the development of modern agriculture. It is necessary to strengthen green production and ensure the quality and safety of agricultural products from the source.
It is noteworthy that, according to the usual practice, after the Central Economic Work Conference, the Central Rural Work Conference will be held in late February or late February of 12. Market participants predict that 20 13 Document No.1 of the Central Committee is expected to focus on the agricultural management system. Affected by this favorable expectation, agricultural stocks have also become a hot spot in the near future. Last Friday, the overall agricultural sector rose by 5.44%. Among them, Luo Niushan is a daily limit. In fact, from165438+1October 29th, Luo Niushan opened at 4.43 yuan/share, and after a half-month increase, it closed at 5.57 yuan/share, an increase of more than 25%. In addition, many agricultural stocks such as Jinnongxin, Dakang Animal Husbandry and LAM Raymond Group have also staged daily limit shows in turn recently.
According to reports, the central government's research work on the "three rural" policies began in the middle of the year. Recently, meetings at the central level have intensively released signals of changes in agricultural policies. Focusing on food security and increasing farmers' income, how to adjust rural policies has attracted much attention.
With the intensive commercial capital going to the countryside, "company+farmers" has become one of the leading modes of agricultural development in various places. However, some scholars believe that if it is true as the market news says, the upcoming Central Document No.1 will change this situation. It is predicted that the basic spirit of the policy is to insist that farmers are the main body of agricultural production and management, and to innovate and develop production and management forms such as large professional households, family farms, professional cooperatives and agricultural industrialization.
It is necessary to focus on the national key leading enterprises in agricultural industrialization and increase support in agricultural industrialization policy support, mergers and acquisitions, and integrated listing.
2. Great Northern Wilderness
At present, the company is the largest agricultural listed company in China, the commodity grain production base with the highest level of modernization, and one of the key leading enterprises in national agricultural industrialization. It has won preferential treatment in taxation, bank credit and rights issue financing. Agricultural mechanization, water conservancy and improved varieties are in a leading position in China, with obvious equipment and technical advantages. The company has 16 agricultural branches, 1 fertilizer branch and 8 subsidiaries, with 9.36 million mu of cultivated land.
3. Huaying Agriculture
The company is the largest integrated processing enterprise for cherry valley ducks in China, and its leading products are frozen ducks, ducklings, duck feathers and cooked food products. This company is one of the 35 cooked food processing enterprises in China approved by the Japanese government. Huaying trademark was awarded "China Famous Trademark" and its products were awarded "China Famous Brand Agricultural Products" and "National Pollution-free Agricultural Products" and many other honors.
The company announced on 201214 that the company's plan for adjusting the non-public offering was approved by the State-owned Assets Supervision and Administration Commission of Henan Province. The company plans to adjust to a non-public offering of no less than 4.65 yuan/share (original 6.66 yuan/share) and no more than 6.5438+0.32 million shares (original no more than 92.04 million shares), invest in the production projects of 20 million commercial chicken farms, 20 million commercial ducks slaughter and 40 million commercial ducklings in Cherry Valley and supplement the working capital.
In terms of performance, the company expects the net profit for 20 12 to be 5 million to100000 yuan, down 94% to 88% year-on-year, compared with 85,206,600 yuan in the same period last year. Reason: Affected by unfavorable domestic environmental factors, the sales price of main products has decreased compared with the previous year, the procurement cost of feed raw materials and labor costs have continued to rise, and the company's operating performance will drop significantly.
Third, new urbanization.
1, the historical task of China's modernization.
The Central Economic Work Conference closed in Beijing on June 6, 2006 16. The meeting pointed out that urbanization is the historical task of China's modernization and the greatest potential for expanding domestic demand. We should focus on improving the quality of urbanization, take advantage of the situation, seek advantages and avoid disadvantages, and actively guide the healthy development of urbanization.
At the end of 20 1 1, the urban population in China surpassed the rural population for the first time, which marked the turning point of urbanization and the mode of economic development will change accordingly. He Maochun, director of Tsinghua University Economic and Diplomatic Research Center, said that the urbanization of China is a process of continuous evolution and sublimation, and now it has reached a critical period from quantity growth to quality improvement.
Statistics show that every increase in China's urbanization rate by 1 percentage point will probably bring about 7 trillion yuan of market demand.
At present, the urbanization rate of China is basically around 5 1%, which is obviously low compared with other emerging markets. The urbanization rate of developed countries is generally close to or higher than 80%, and the urbanization rates of neighboring countries such as Malaysia and the Philippines, whose per capita income is close to that of China, are also above 60%. According to international experience, only when the urbanization rate reaches 70% will it be stable. This means that from the perspective of horizontal comparison and empirical laws, the pace of urbanization in China is far from stopping.
In addition, the acceleration of urbanization will help to provide impetus for China's economic development. Urbanization has not only brought a large number of rural people into cities and towns, but also brought about a substantial increase in consumer demand, which has promoted the investment demand for infrastructure, public service facilities and housing construction. It can be said that the urbanization process runs through investment and consumption and is an important power source to promote economic development. More importantly, the infrastructure construction brought by urbanization will help to digest the excess capacity of industrialization and help the economy to complete the transformation from investment-driven to consumption-driven. If the urbanization rate increases by one percentage point every year in the future, it will take nearly 20 years to reach 70%. In other words, the investment and consumption demand brought by urbanization will provide impetus for the development of domestic economy in the next 10 -20 years and promote the smooth transition of economic transformation.