This year's economic system reform has established four main directions

Peng Sen, deputy director of the National Development and Reform Commission, said at the National Economic System Reform Work Conference on the 26th that the more difficult it is, the more attention should be paid to exerting the driving force and institutional guarantee for reform and economic development, focusing on expanding domestic demand and maintaining growth. We will adjust the structure and focus on people's livelihood, and earnestly promote reforms in key areas and key links.
According to Peng Sen, this year, around the expansion of domestic demand to maintain growth will promote reform in four areas.
The first is to transform government functions and stimulate market investment. It is necessary to deepen the reform of the investment system, minimize the scope of audit of enterprise investment projects, decentralize audit authority, standardize audit procedures, implement the autonomy of enterprise investment decisions, and accelerate the formation of a pattern that mainly guides corporate investment behavior through national industrial policies and market supply and demand information. It is necessary to scientifically define the scope and scope of government investment, avoid "grasping with the people" and repeat construction, give full play to the guidance and leading role of government investment in social investment, and minimize the "crowding out" effect of government investment on private investment.
The second is to further relax market access and broaden the scope and channels of private investment. This year, we must accelerate the reform of the railway, electric power, municipal public utilities, salt industry and other industries, implement various policies to relax market access, actively support private capital to participate in the reform of state-owned enterprises, and enter infrastructure, public utilities, financial services, and social undertakings. field.
The third is to promote the reform of employment, income distribution and social security system, and improve residents' spending power. It is necessary to establish and improve a unified human resources market and public employment service system in urban and rural areas, and to adapt to local conditions and establish flexible and diverse employment and entrepreneurship promotion mechanisms. In terms of the social security system, this year we will focus on improving the basic old-age insurance system, continue to carry out pilot projects for individual accounts, introduce transfer and renewal methods for pension insurance, and comprehensively promote provincial-level co-ordination; formulate measures for implementing endowment insurance for migrant workers; and new rural social endowment insurance The pilot will cover about 10% of the counties (cities) in the country.