Chinese Vice Premier Ding Xuexiang learned about the economic operations, technological innovation, and industrial development in Henan and Jiangsu provinces from Monday to Thursday, urging the two major economic provinces to make greater contribution to the national economy.
Ding, also a member of the Political Bureau of the Communist Party of China Central Committee, visited several sci-tech institutions and universities in Zhengzhou, capital city of central China's Henan, to investigate the construction of innovation clusters, agricultural technology support, and assess the progress of key projects. He also visited two local companies to learn about the transformation and upgrading of the manufacturing sector and the development of the digital economy.
Ding emphasized the need to promote the high-quality construction of key projects, and focus on successfully managing a number of major initiatives that align with national strategic needs. He called for the detailed implementation of equipment upgrades and and consumer goods trade-ins to promote stable growth in investment and consumption. He also underscored relying on independent innovation to strengthen the real economy, enhance and expand the digital economy, and develop new productive forces tailored to local conditions.
Ding also visited a government supported housing project site to investigate its construction, urging increased fiscal and tax policy support to stabilize and recover the real estate market.
In Jiangsu, Ding came to companies, industrial parks and a polytechnic college in cities of Suzhou and Jiangyin. He emphasized the need to make significant efforts to promote the deep integration of technological innovation and industrial innovation, continuously enhancing new drivers for high-quality development.
He called for increased counter-cyclical adjustments, actively making good use of local government special bonds, and fully leveraging the role of government investment as a catalyst. He stressed the importance of continually optimizing the development environment for the private economy, focusing on expanding greater space for private investment. Additionally, he highlighted the need to strengthen service guarantees for foreign investment, attracting more foreign companies to make investment, and achieve common development.
During his trip, Ding urged relevant authorities to strengthen resource support for major economic provinces so that they can better leverage their pillar industries to contribute more to the stable and healthy development of the national economy.