Fujian's "Fourteenth Five-Year Plan" Has Made a Good Start, Opening Up and Cooperation, Going Deep and Solid

Fuzhou, China, January 22 (Reporter Long Min) Despite the adverse impact of the new crown pneumonia epidemic, Fujian still achieved a good start in the "14th Five-Year Plan", with a regional GDP of 4,881 billion yuan (RMB, the same below) in 2021, an increase of 8% year-on-year.

At the Sixth Session of the 13th People's Congress of Fujian Province, which opened in Fuzhou on the 22nd, the "report card" published in the Work Report of Fujian Province made a specific note on this: the provincial key projects completed an investment of 633.1 billion yuan, and 441 newly started key projects; 428 major investment promotion activities were signed with a total investment of more than 1.2 trillion yuan; the added value of industries above designated size increased by 9.9% year-on-year, and the total profit ranked fifth in the country; and the total retail sales of social consumer goods increased by 9.4% year-on-year, exceeding 2 trillion yuan.

The steady growth of investment and consumption is a strong engine for Fujian to achieve a good start in the "14th Five-Year Plan". It can be seen from the work report of the Fujian Provincial Government that in the past year, the provincial boundary section of the Xing (Guo) Quan (Zhou) Railway and the Jianning-Guanzhishan Railway were completed and put into operation, the 400,000-ton iron ore wharf in Luoyu and the shipping hub project under the Dam of the Minjiang River were completed and opened, the construction of Zhangzhou Nuclear Power, Fuzhou Airport Phase II, Intercity Railway F1 Line, and Fuzhou (Zhou) Xiamen (Gate) High-speed Railway was accelerated, the new Xiamen Airport was fully started, the first phase of Gulei Refining and Chemical Integration was completed and put into operation, and major industrial projects such as Wanhua Chemical and Yongrong Petrochemical Caprolactam were solidly promoted.

At the same time, the trade volume with countries and regions along the "Belt and Road" increased by 31.8% year-on-year, the number of members of the "Silk Road Shipping" Alliance exceeded 220, and the Central Legal Affairs District of the Silk Road landed in Xiamen; the construction of the Xiamen BRICS New Industrial Revolution Partnership Innovation Base accelerated; foreign exchanges and cooperation were deepened, with 120 pairs of international sister cities; the pilot free trade zone launched 25 new national initiatives and approved new offshore international trade pilots... The deepening of opening up and cooperation has also boosted Fujian's steady growth.

Official statistics show that Fujian's actual use of foreign capital in 2021 increased by 6.1% year-on-year; imports and exports increased by 30.9% year-on-year, of which exports increased by 27.7% year-on-year, exceeding 1 trillion yuan for the first time, and the scale of trade in goods hit a record high.

At present, Fujian's economic and social development is facing many challenges, including the external environment becoming more complex and severe, the uncertainty of the development of the epidemic, the triple pressure of demand contraction, supply shock, and expected weakening, etc., and placing stable growth in a more prominent position.

In the face of the 2022 expected target of "6.5% growth in the province's regional GDP", Fujian has planned and reserved a number of reform measures and supporting policies in the fields of finance, finance, employment, industry, trade, and factor guarantees, promoted investment expansion, consumption, stabilization of foreign trade, and stabilization of foreign investment, and made every effort to maintain stable and rapid economic growth.

In terms of expanding opening up, Fujian continues to seek new actions: to promote the expansion and quality improvement of the pilot free trade zone, coordinate and link with the development zone and the comprehensive bonded zone, expand and enhance the single window of international trade, and enhance the level of trade facilitation; promote the expansion and efficiency of the cross-border e-commerce comprehensive pilot zone, cultivate a number of high-quality overseas warehouses, and expand the market procurement trade; seize the effective opportunity of the Regional Comprehensive Economic Partnership Agreement (RCEP), continue to introduce policies to support import and export, promote "buying the world, selling the world", and stabilize the good situation of foreign trade.

Zhao Long, acting governor of Fujian Province, said that he will give full play to the advantages of Fujian's "overseas Chinese", enhance emotional exchanges with overseas Chinese and the new generation of Ethnic Chinese, create all conditions to attract overseas Chinese capital, gather overseas Chinese strength, and pool overseas Chinese wisdom, deepen cooperation between Fujian, Hong Kong, Fujian and Macao; solidly promote the construction of the Xiamen BRICS New Industrial Revolution Partnership Innovation Base, strengthen economic and trade exchanges with ASEAN East Asian countries, continue to carry out international sister city exchanges, and enhance the level of open cooperation. (End)

Source: China News Network