Give full play to the basic role of consumption and the key role of investment to form a virtuous cycle of consumption and investment - Secretary General Su Hongxing accompanied the leaders of the Provincial Political Consultative Conference to conduct a special research in Yantai
In order to thoroughly implement the decisions and deployments of the central and provincial committees on boosting consumption and expanding effective investment, from February 18th to 20th, Chen Jiayan, Deputy Director of the Economic Committee of the Shandong Provincial Political Consultative Conference and former Party Secretary and Director of the Shandong Regulatory Bureau of the China Securities Regulatory Commission, led a research team to Yantai City to carry out a study; Better leverage the fundamental role of consumption and the key role of investment; Monthly negotiation research. Su Hongxing, Secretary General of Shandong Equipment Manufacturing Association, and several members of the Chinese People's Political Consultative Conference, experts, scholars, and enterprise representatives participated in the research.
The research team went deep into Mouping District, Penglai District, Laizhou City and other places in Yantai City to conduct on-site inspections of representative projects such as the Yanwei Tourism Distribution Center, Mouping District Resort Management Committee, Penglai District Qiugu Valley Wine Industry Cluster, Lafite Longdai Winery, Wanhua New Materials Low Carbon Industrial Park, and Maritime Silk Road Memorial Hall. They also visited Laizhou City Citizen's Home, Luda Dream Factory in Chenggang Road Street, and Zhongwei Power Technology Co., Ltd. to understand the local practices and explorations in activating consumption potential and optimizing investment layout.
On the afternoon of the 19th, the research team held a symposium at the conference center of the Maritime Silk Road Memorial Hall. Participants pointed out that it is necessary to enhance residents' willingness and ability to consume, improve their consumption expectations, vigorously develop emerging consumption forms such as digital consumption, green consumption, and healthy consumption, and adapt to modern consumption trends; By optimizing the government investment structure, improving the efficiency of fund utilization, attracting more private capital to participate in major infrastructure construction and public service projects, stimulating the vitality of private investment, and actively expanding effective investment. The meeting also discussed the relationship between consumption and investment and their mutual promotion mechanism, advocating the formation of a virtuous cycle of "consumption guiding investment and investment promoting consumption".
This survey brings together various forces from government, enterprises, academia, and research. Participants include Li Changying, a member of the Provincial Committee of the Chinese People's Political Consultative Conference and a professor at the School of Economics of Shandong University, Song Yong, Secretary and Chairman of the Party Committee of Yantai Feilong Group Co., Ltd. and Vice Chairman of the Yantai Federation of Industry and Commerce, Ross, an expert from the Provincial Committee of the Chinese People's Political Consultative Conference, Chairman and General Manager of Shandong Guotai Capital Management Co., Ltd., Sun Liyang, Deputy Director of the Bond Department of the Shandong Regulatory Bureau of the China Securities Regulatory Commission, and Liang Wei, Deputy Director of the Office of the Economic. The research team will sort out the research results to form special recommendations, providing reference for the scientific decision-making of the provincial party committee and government, and helping Shandong to take the lead in expanding domestic demand and stabilizing growth.
Text: Guo Guangli/Image: Su Hongxing
