All regions release "roadmaps" for steady growth

  Our reporter Xiong Li

  As provinces successively hold two sessions and release government work reports, the "roadmap" for local economic development in 2022 has been clarified.

Faced with the triple pressure of demand contraction, supply shock, and weakening expectations, all localities have put stable growth in a more prominent position, insisted on maintaining stability and seeking progress while maintaining stability, and made more policies to expand investment, boost consumption, and unleash the potential of domestic demand. "Combo punch".

  Moderately lower growth targets in many places

  So far, apart from Tianjin's postponement of the two sessions due to the epidemic, 30 provinces have put forward their expected economic growth targets for 2022 in their government work reports.

  The reporter sorted out and found that compared with the economic growth rate of various regions in 2021, except for Tibet, Henan, Ningxia, and Hebei, 26 provinces have lowered their growth rate targets for this year.

Among them, the expected growth rate target value of most provinces is between 5.5% and 7%, and the target growth rate in the central and western regions is relatively high.

  "The downward revision of the 2022 economic growth target in many places is not only in line with the objective laws of economic growth, but also in line with the actual economic development of various places." Wen Bin, chief researcher of China Minsheng Bank, said that on the one hand, driven by the accelerated economic recovery, most regions will be in 2021. It has achieved a relatively high economic growth rate, so when setting the economic growth target for this year, it is necessary to consider the impact of the base.

On the other hand, all provinces are facing downward pressure on the economy to varying degrees. Considering the actual situation of economic development, the growth target has been lowered.

  Hubei Provincial Governor Wang Zhonglin said in the government work report that the expected economic growth target of about 7% this year is in line with the potential growth rate of Hubei's economy, the recovery trend that has rebounded quarter by quarter since last year, and the development support of the province. .

  Shanghai's economic growth target for 2022 is set at around 5.5%.

Shanghai Mayor Gong Zheng said that this goal takes into account both the current and the long-term, and comprehensively considers demand, supply and expected pressure.

  The reporter noticed that although the target growth rate of many places this year has been lowered compared with last year, according to the published data, except for Chongqing, Shandong, and Jiangsu, the target growth rate of the rest of the provinces is higher than the average growth rate of the past two years. A positive orientation of seeking progress while maintaining stability.

  Do everything possible to expand effective investment

  In 2022, all localities will actively deploy and expand effective investment.

The Hebei Provincial Government Work Report stated that the main direction of economic work is to invest in projects.

It is necessary to promote structural adjustment, kinetic energy conversion, ecological optimization, and improvement of people's livelihood with high-quality investment and project construction.

The work report of the Zhejiang Provincial Government requires the establishment of a provincial-led implementation mechanism for major cross-regional, cross-basin, and cross-cycle major projects to ensure that projects are implemented early and start early, deliver early and take effect.

  "Affected by various factors such as the epidemic, investment has a weak driving force for economic growth. To implement the general principle of seeking progress while maintaining stability, it is urgent to increase the key role of stable investment in stabilizing growth and optimizing the supply structure." China International Economic Exchange Liu Xiangdong, deputy director of the Center's Economic Research Department, said that local governments play an important role in investment. It is necessary to increase investment in accordance with local conditions and local financial resources, give full play to the leading role of "four or two allocations" of financial funds, and actively guide social capital to participate in "two new and one heavy". And the construction of complementing shortcomings in the fields of society and ecology.

  Many countries will carry out infrastructure investment moderately ahead of schedule.

Beijing proposes to give full play to the leading role of government investment, arrange a number of infrastructure projects in advance, and focus on expanding effective investment.

Inner Mongolia said that it is necessary to seize the opportunity of the country to moderately advance infrastructure investment, and to build a modern infrastructure network system that connects the whole country and the whole region.

Jiangsu requires scientific demonstration and moderately advanced layout of major infrastructure, increasing investment in transportation, energy, water conservancy, pipelines, especially urban gas pipelines, as well as municipal, ecological environment, disaster prevention and mitigation and other fields, and accelerating the construction of new infrastructure such as information networks. , to promote the intelligent transformation of transportation, logistics, energy, municipal and other fields.

  "Two new and one heavy" is an important force for stabilizing growth and increasing stamina.

For example, Sichuan proposed to pay close attention to 700 provincial key projects, especially 100 provincial-level key promotion projects, increase the construction of "two new and one heavy" projects, and speed up new types of gigabit optical networks, integrated big data centers, and charging and swapping stations. Infrastructure construction, and promote the construction of new urbanization such as public services and municipal public utilities.

  Liu Xiangdong believes that 2022 is a critical year for the construction of major projects proposed in the "14th Five-Year Plan". It is necessary to accelerate the formation of physical workloads for these key projects, and at the same time, strengthen the effective management of investment to avoid local investment and construction. Repeated construction and inefficient competition appear, so that the effect of investment on stabilizing growth will take into account long-term development.

  Take multiple measures to activate residents' consumption

  In 2021, my country's final consumption expenditure will contribute 65.4% to economic growth, and consumption will once again become the first driving force for economic growth.

This year, various localities continued to deploy and introduce a series of policies and measures to promote consumption, focusing on promoting the expansion of total consumption and the improvement of quality.

  For example, Beijing proposes to actively adapt to the changes in consumption patterns brought about by the epidemic prevention and control, and carry out in-depth special actions for international consumption center cities.

Zhejiang proposed to vigorously cultivate new consumption hotspots, promote the consumption of new energy vehicles, carry out green smart home appliances to the countryside and trade in old ones for new ones, actively develop the night economy, and promote the recovery of the tourism market.

  "Domestic demand is still the main driving force for my country's economic growth. In 2022, we must increase our efforts to boost domestic demand." Wen Bin said that while giving full play to the key role of investment in economic growth, we must further play the role of consumption in economic growth. basic role.

  The reporter found that in addition to stabilizing traditional bulk consumption such as automobiles and home appliances, new types of consumption such as green consumption and digital consumption, as well as county and township consumption, have become hot spots.

Many provinces have proposed to increase the upgrading and transformation of pedestrian streets and commercial streets, and actively develop the night economy.

  International consumption center cities have become an important starting point for promoting consumption improvement and expansion this year.

For example, Shanghai said that it will accelerate the construction of an international consumption center city, expand and strengthen the first-time economy, night economy, tax-free and rebate economy, and brand economy, and promote the continuous improvement of the format and function of world-class business circles.

Guangdong proposes to speed up the construction of Guangzhou and Shenzhen into international consumption center cities, and plan and arrange several regional consumption center cities.

Chongqing proposes to seize the opportunity of cultivating and constructing international consumption center cities and implement "ten projects" such as improving the quality of international consumption carriers.

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