Many provinces have held economic work conferences to clarify key and key tasks

Mondo Finance Updated on 2024-01-31

Yuncheng City, Shanxi Province, has vigorously developed strategic emerging industries in recent years, actively promoted the deep integration of industrialization and informatization, cultivated the core industrial ecosystem of the digital economy, improved the digital service capabilities of the manufacturing industry, built a number of pilot demonstration enterprises for intelligent manufacturing, continuously improved the level of networking, digitalization and intelligence of the manufacturing industry, and boosted the high-quality development of the economy. The picture shows an electronic technology company in Miaoqian Town, Xia County, Yuncheng City, where the staff inspects the export display screen order products.

People's Vision. After the 2023 ** Economic Work Conference was held, many places have recently held local economic work conferences to plan and deploy economic work in 2024. According to the content of the meeting, how will the deployment be implemented locally in 2024?What are the breakthrough paths in the locality?Recently, a reporter from China City Daily conducted relevant combing and interviews.

Key words: strong industry, with new quality productivity to build up the future

New quality productivity is a key word for the deployment of next year's work at the 2023 ** Economic Work Conference.

The 2023 ** Economic Work Conference emphasized that scientific and technological innovation should lead the construction of a modern industrial system. It is necessary to promote industrial innovation with scientific and technological innovation, especially to use disruptive technologies and cutting-edge technologies to give birth to new industries, new models, and new kinetic energy, and develop new quality productive forces.

A reporter from China City Daily noticed that the local economic work conferences held in recent days also focused on new quality productivity, listed the development of new quality productivity as the focus of economic work in 2024, and made specific work arrangements.

Liaoning Province proposed to speed up the cultivation of new quality productivity, accelerate the expansion of new materials, aerospace, robots, new energy vehicles, integrated circuit equipment and other industrial clusters, and accelerate the development of low-altitude economyFocus on artificial intelligence, cells**, metaverse, deep sea and deep earth development and other fields, and vigorously develop future industries.

Henan Province said that it is necessary to continue to implement the strategy of changing lanes and leading the way, take the future industry as the key to building new quality productivity, find the entry point of the new industry and new track, strengthen industrial scientific and technological innovation and industrial ecological construction, and leapfrog and catch up in the multi-point and multi-dimensional layout.

According to Pan Helin, co-director and researcher of the Digital Economy and Financial Innovation Research Center of Zhejiang University International Business School, new quality productivity is an emerging and high-quality productivity that involves new fields, a wide range of fields, and high technology content. Its essence is to concentrate on the development of emerging industries and future industries by integrating scientific and technological innovation resources.

Different from the traditional productive forces, the composition of the new quality productive forces not only includes the traditional production factors and subjects such as laborers, labor objects and labor means, but also information, data, networks, knowledge and technology have also become important components of the productive forces. Pan and Lin said.

Song Xiangqing, deputy dean of the Institute of Management Research of Beijing Normal University and director of the Industrial Economy Research Center, believes that the new quality productivity is the productivity corresponding to the traditional productivity, which is mainly empowered by scientific and technological innovation and is driven by innovation.

The carriers of new quality productivity should be strategic emerging industries based on major cutting-edge technological breakthroughs and major development needs, as well as forward-looking science and technology industries that play a major leading role in the overall and long-term development of the economy and society, including new growth engines such as information technology, artificial intelligence, and biotechnology. Song Xiangqing said.

Although there are broad prospects for the development of new quality productive forces, local governments are still facing many practical challenges in the process of cultivating and developing new quality productive forces. "The core elements needed for the development of new quality productivity, such as talent, technology, capital, etc., have a large gap in some areas, and there is an urgent need to cultivate and deploy in-depth resources to build new quality productivity. Song Xiangqing said.

At the same time, Song Xiangqing mentioned that there are still some unsuitable places in the policy and legal environment required for the development of new quality productive forces, and it is necessary to optimize and integrate them to enhance the adaptability of policies and markets to new quality productive forces.

In addition, it is necessary to further improve the market-oriented mechanism in order to develop new quality productive forces. "There is still a lot of room for improvement in the new and efficient market-oriented incentive mechanism required for the development of new quality productivity, and it is necessary to strengthen the incentive for the creators, applications and devotees of new quality productivity. Song Xiangqing said.

He suggested that the cultivation of targeted talents should be strengthened, a multi-level and multi-field talent introduction and cultivation mechanism should be established, and the construction of an adaptive talent echelon should be strengthened. At the same time, the establishment of new quality productivity to promote, absorb a variety of social capital, for the development of new quality productivity to provide a strong financial guarantee. In addition, it is necessary to revise and improve as soon as possible the policy, legal, and social environment that is not conducive to the development of the new quality of productive forces, and eliminate the shackles that may hinder the development of the new quality of the productive forces.

Pan and Lin believe that in the long run, in the face of the development of new quality productive forces and other key problems such as insufficient investment in science and technology, the industrial foundation needs to be strengthened, the institutional environment is not perfect, and the support of talents is insufficient, it is necessary to rely on a relaxed innovation environment, strong policy support and perfect legal guarantees.

Of course, this process requires the coordination of resources and relationships among stakeholders such as **, industry and research institutions. In particular, there is a need to simplify cumbersome policies and regulations, and to reduce ideological barriers and institutional barriers to innovation and investment through effective measures to encourage venture capital, intellectual property protection and market access. Pan and Lin said.

Key words: expanding domestic demand to promote a virtuous cycle of consumption and investment

Domestic demand is the basic driving force of China's economic development. In terms of "focusing on expanding domestic demand", the 2023 ** Economic Work Conference mentioned that it is necessary to stimulate potential consumption, expand profitable investment, and form a virtuous circle in which consumption and investment promote each other.

Promoting a virtuous cycle of consumption and investment has become an important direction for local governments to expand domestic demand next year.

Henan Province stressed that consumption and investment should be better coordinated to form a virtuous circle of mutual promotion. On the basis of stabilizing and expanding traditional consumption, we should cultivate and expand new, improved, and upgraded consumption. Give full play to the amplification effect of investment, strengthen scientific and technological innovation, green development, basic people's livelihood and other fields to make up for shortcomings, and support social capital to participate in the construction of new infrastructure and other fields.

Jiangxi Province proposed to actively expand effective demand, unswervingly implement the project-driven strategy, solidly promote the "ten hundred thousand" project, make full use of industrial guidance, introduce and cultivate more large projects and good projects, vigorously implement the three-year action to promote consumption expansion and upgrading, fully tap the potential of consumption, and form a virtuous circle of mutual promotion of investment and consumption.

Zhejiang Province requires that we should focus on expanding effective investment, stimulate potential consumption, deeply implement the "thousands of trillions" project to expand effective investment, promote the construction of major projects, take multiple measures to expand consumption, and promote the continuous recovery of consumption.

Stimulating potential consumption and expanding profitable investment are the top priorities of the local government and the needs of local development. In Song Xiangqing's view, "potential consumption" has two meanings, one is high-quality consumption, and the other is consumption that conforms to the development of new industries and new models;"Profitable investment" also has two meanings, one is investment that is in line with the direction of industrial development and the general trend of market development, and the other is investment that can leverage related industries.

How can local governments form a virtuous circle in which consumption and investment promote each other?Song Xiangqing told a reporter from China City Daily that the key is to control the release of consumption potential and the output rate of investment benefits. Policies should not blindly pursue promoting consumption and increasing investment, but should strive to promote potential consumption and effective investment, focus on tapping the quality of consumption and the effectiveness of investment, lead the sustainable development and high-quality development of consumption and investment, and pursue a virtuous circle in which consumption and investment promote each other, forming a spiral upward trend.

Peng Peng, executive chairman of the Guangdong Provincial Institutional Reform Research Association, told a reporter from China City Daily that "potential consumption" is a consumption field with huge potential, broad prospects, and yet to be fully developed, such as pension consumption"Profitable investment" refers to investment areas with relatively high input and output, such as semiconductor chips.

Peng Peng believes that from the current point of view, the investment areas that are relatively easy to produce benefits in the near and short term are precisely the "potential consumption". Localities should tap "productive investment" in "potential consumption" as soon as possible, clarify the boundary between state-owned enterprises and the market, and treat state-owned enterprises and private enterprises equally.

Keyword 3: Promote reform and empower the development of the private economy

The contribution of the private economy to economic development is irreplaceable, its status is unquestionable, and its strength is indispensable. The development and expansion of the private economy has been listed as the focus of next year's economic work in many localities.

Zhejiang Province proposed to further release the vitality of the private economy and polish the golden business card of Zhejiang's private economy more brightly. Hebei Province said that it will fully implement the 25 measures of financial support for the development and growth of the private economy to further optimize the business environment. Liaoning Province emphasized that it should support the development of the private economy and stimulate the endogenous power of the private economy.

In terms of deepening the reform of key areas, the 2023 ** Economic Work Conference proposed to "fully stimulate the endogenous power and innovation vitality of various business entities", "promote the development and growth of private enterprises, and implement a number of measures in market access, factor acquisition, fair law enforcement, and protection of rights and interests".

From an objective point of view, the private economy has not yet entered the best state of development after the epidemic as a whole, but the confidence of private enterprises has increased significantly, the momentum has been enhanced, and the potential energy has accumulated. Song Xiangqing said.

Specifically, Song Xiangqing believes that the performance is outstanding in three aspects, one is that the enthusiasm for investment has been initially stimulated, and the number of investors who dare to invest and are willing to invest has increased significantlyThe second is to put more emphasis on the efficiency of operation, which is highlighted by the emphasis on obtaining profits as the core;The third is to pay more attention to the rationality of institutional setup and personnel allocation, and improve operational efficiency by optimizing institutions and strengthening personnel allocation.

In addition, the flexibility, innovation ability, autonomy and risk awareness of the private economy are gradually improving, and the actual control of enterprises by private entrepreneurs is strengthening. Song Xiangqing added.

Since the beginning of this year, a series of policies and measures to promote the development of the private economy have been implemented at the national level.

In July, the "Opinions of the Communist Party of China on Promoting the Development and Growth of the Private Economy" was released. Subsequently, relevant departments have successively introduced a series of supporting policy measures to form a "1+N" policy system.

In September, the National Development and Reform Commission set up the Private Economic Development Bureau, aiming to strengthen the overall coordination of policies in relevant fields and promote the early implementation and practical results of various major measures.

At the same time, local ** is also taking active action. Taking Jilin Province as an example, in order to allow business entities to "travel lightly", 31 municipal departments in the province have introduced 282 hard-core measures, and introduced new policies in eight aspects, including incentives and incentives, tax and fee reductions, market relaxation, and compression of approvals, to fully support the high-quality development of the private economy.

From the first to the local level, a series of measures are constantly releasing the development vitality of private enterprises. According to the National Bureau of Statistics, in the first 11 months of this year, after deducting real estate development investment, private investment increased by 9% year-on-year1%, the growth rate is faster. According to data from the General Administration of Customs, in the first 11 months of this year, the import and export volume of private enterprises increased by 61%, 4% faster than the general ** import and export growth rate5 percentage points, accounting for 533%, an increase of 31 percentage point.

Xing Can, a reporter from China City Daily.

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