On December 23, Chongqing held the Economic Work Conference. The main task was studying and implementing the spirit of the Central Economic Work Conference, analyzing the current economic trend, summarizing the economic work of 2019, and arranging related work of 2020.
The Conference pointed out that Chongqing will enlarge the effective investment in various ways, leverage investment in infrastructure projects, and ensure the continual and stable development of the industrial investment. Besides, it should make every attempt to tap the consumer demand potential, accelerate the construction of international consumer centers, increase resident income, strengthen product innovation and brand building, and improve the consumer service environment. Meanwhile, Chongqing will try every possible way to promote foreign trade while improving its quality, continue to enlarge the construction of emerging markets under the Belt and Road Initiative, deepen the economic and trade cooperation with ASEAN, optimize the quality and efficiency of export products, and expand import channels.
The Conference stressed that Chongqing should persist in the new development concept, and facilitate high-quality development. To realize this goal, it will highlight the high-quality growth in industries, speed up the clustered development of strategic emerging industries, boost the transformation and upgrading of the traditional manufacturing industry, and form a new cluster of consumer goods industry. In addition, the city is required to push forward the coordinated urban and rural development, balance the rural revitalization and urban improvement, boost the coordinated development of the “One Circle and Two Clusters” (the Metropolitan Circle, Northeast Chongqing Town Cluster, and Southeast Chongqing Town Cluster), and the synergetic advance of Chengdu-Chongqing City Cluster. It will focus on the innovation of big data intelligence, and concentrate efforts in building itself into an important city of smart manufacturing and a place renowned for the smart industry.
Chongqing needs to deepen the reform and opening-up, the economic structural reform, and the structural reform on the supply side in finance. It is required to carry forward the opening-up of higher level, give play to the role of China (Chongqing) Pilot Free Trade Zone (CFTZ) as experimental fields for reform and opening-up, promote the in-depth and down-to-earth construction of the New International Land-Sea Trade Corridor, build opening-up platform systems with higher capacities, and create a marketized, legal, and international business environment. The city will intensify the efforts to ensure the wellbeing of the people and improving their lives.
The Conference stressed that Chongqing should tap the potential of domestic demand growth, enlarge productive investment, and expand consumption and improve its quality. The construction of a modern industrial system will be accelerated, and the industrial chain of “chips, LCD panels, intelligent terminals, core components, and Internet of Things (IoT)” and “cloud, network, big data, cloud computing and application” element cluster will be both supported, thus promoting the coordinated development of advanced manufacturing industry and modern service industry. Chongqing will strengthen the supporting capacity on innovation, upgrade innovation platforms, cultivate innovation subjects, optimize innovation ecology, and attract related talent. It will continue to deepen the reform in the economic field, in financial and taxation systems, and facilitate the high-quality development of the private economy. Moreover, it will contribute to the open-up at a higher level, expand the corridor economy, strengthen opening-up platforms, and optimize foreign investment and trade.
Source: Shangyou News