Aiming at the three major areas, the road map for local "steady growth" has been drawn

Beijing, 21 Jan (Xinhua) -- On 21 January, "China Securities News" published an article entitled "Roadmap for Aiming at Three Major Areas and Drawing a Roadmap for Local "Steady Growth." According to the article, the provincial and local two sessions were held intensively recently, and the China Securities News reporter combed and found on the 20th that many places set the GDP growth target for this year at more than 6%, and the focus of steady growth was aimed at expanding investment, promoting consumption, and scientific and technological innovation.

The expected GDP target has been lowered

As an important indicator of stable growth, GDP growth has an important expected guiding effect on local stable growth, and also helps local governments to plan and then move, so it has attracted much attention.

(Data chart, issued by Xinhua News Agency)

China Securities News reporter combed and found that as of January 20, Anhui, Beijing, Chongqing, Hebei, Henan, Hubei, Hunan, Jiangsu, Shanghai and other places announced this year's GDP growth targets. The expected GDP growth targets in most regions have been lowered. Among them, the EXPECTED GDP target proposed by Beijing, Shanghai, Guangdong and other places is more than 5% or about 5.5%.

"Referring to the two-year average growth rate of 5.1% of the country's regional GDP last year, this downward revision is in line with expectations." Wen Bin, chief researcher of Minsheng Bank, told reporters that this year's economic operation is facing triple pressure, superimposed on the severe complexity and uncertainty of the external environment, and the local government combines the actual situation to lower the expected target of GDP growth, which is linked with the potential growth rate, which will help guide local stable growth expectations and boost confidence.

Under the general tone of steady words and steady progress, the downward revision of the GDP growth target leaves room for local economic growth. Taking Guangdong as an example, Lin Jiang, a professor at Lingnan College of Sun Yat-sen University, said that the expected target of 5.5% GDP growth in Guangdong this year fully reflects the development tone of Guangdong's steady progress. "With reference to the two-year average growth rate of 5.1% of the country's regional GDP, Guangdong, which has such a huge economic volume, has a reasonable and reserved growth target of 5.5% this year." Lin Jiang said.

Expanding investment and promoting consumption has become the main grasp

From the perspective of the focus of work in 2022, expanding investment and promoting consumption have become the main starting points for local stable growth this year.

In order to give play to the key role of investment in economic growth, all localities stressed that they will pay close attention to the construction of major projects in 2022, and form a physical amount of work as soon as possible by accelerating the construction of projects in the fields of "two new and one heavy", urban renewal, and people's livelihood. For example, Henan proposes to focus on expanding effective investment. Continue to promote the "three batches", and complete the investment in fixed assets of 2.8 trillion yuan throughout the year, of which 1.8 trillion yuan is invested in projects of more than 100 million yuan. Hunan proposed to actively expand effective investment and grasp the ten major infrastructure projects and ten major industrial projects. Zhejiang proposed to do everything possible to expand effective investment, optimize the investment structure, improve investment efficiency, and achieve an effective investment growth of about 6%.

Consumption, as the "ballast stone" of stable economic operation, has proposed that in 2022, many places should take multiple measures to promote consumption and cultivate new consumption growth points. For example, Beijing proposes to encourage green consumption, enrich digital consumption, develop sports consumption, innovate life, cultural tourism consumption, and vigorously incubate new consumer brands. Chongqing proposed to promote consumption upgrading and expansion, cultivate quality consumption, stimulate county and township consumption, and cultivate new consumption. Henan proposes to strengthen new consumption, cultivate fashion consumption, and develop live e-commerce, social e-commerce, first store economy, and night economy.

Wen Bin believes that the role of foreign trade in driving economic growth this year may weaken, and domestic demand will become the main grasp of local economic growth. Promoting infrastructure investment and promoting consumption growth are the top priorities. By boosting consumer confidence and driving consumption growth, all localities will also help to further stimulate investment, prompt more enterprises to invest in research and development, expand production, and form a virtuous economic cycle.

Strengthen the leading role of scientific and technological innovation

Using scientific and technological innovation to help stabilize growth is one of the focuses of local economic development this year. Many places are stepping up efforts to strengthen the leading and supporting role of scientific and technological innovation, and promote the scientific and technological innovation of enterprises to inject new momentum into local development.

For example, Gansu proposed to make emerging industries bigger and stronger, and strengthen the leading support of scientific and technological innovation. Jiangxi proposed that scientific and technological innovation should be taken as the key to "stabilization, advancement, and optimization", effectively improve the efficiency of innovation-driven development, and continue to enhance the core competitiveness of the industry. Guangdong proposed to strengthen strategic scientific and technological strength. Chongqing proposed to make greater efforts to promote scientific and technological innovation and accelerate the construction of a scientific and technological innovation center with national influence. Strive to reach 140 national specialized and special new "little giant" enterprises, exceed 5500 high-tech enterprises, and exceed 40,000 science and technology enterprises.

Li Zhijian, chairman of the Guangdong Asia-Pacific Innovation Economy Research Institute, said that the main role of enterprise innovation should be fully utilized, and the innovation vitality of enterprises should be stimulated through mechanism system reform. We should emphasize the leading role of high-end talent innovation, combine industrial development, actively promote the construction of various talent gradients, and create a large number of high-skilled industrial workers in the new era. Guided by the market and industrial development, combined with application scenarios, promote industrial development, and constantly cultivate new development momentum. (End)