Circular on the issuance of a number of policies to promote the steady growth of the industrial economy Featured

Tuesday, 22 February 2022 16:09

On investment and foreign trade and foreign investment policies:

Organize the implementation of special actions for the innovative development of the photovoltaic industry, implement the construction of large-scale wind power photovoltaic bases in the desert Gobi desert area, encourage the development of distributed photovoltaics in the central and eastern regions, promote the development of offshore wind power in Guangdong, Fujian, Zhejiang, Jiangsu, Shandong and other countries, and drive investment in the industrial chain of solar cells and wind power equipment.


Promote the transformation and upgrading of coal-fired power units with a coal consumption of 300 grams per kilowatt-hour or more, implement the flexibility transformation of coal-fired power units in the northwest, northeast China, north China and other places, and accelerate the completion of the transformation of heating units; for inter-provincial transmission lines and supporting power sources with conditions included in the planning, it is necessary to speed up the approval of the start of construction, construction and production, and promote investment in the equipment manufacturing industry.


Start the implementation of energy-saving and carbon-saving technology transformation projects for enterprises in key areas such as iron and steel, nonferrous metals, building materials, and petrochemicals; accelerate the implementation of the five-year action plan for improving the core competitiveness of the manufacturing industry and major national special planning projects in the manufacturing industry, start a number of industrial base reconstruction projects, promote the strong chain replenishment of the manufacturing industry, promote the modernization and transformation of old ships along the coast and inland rivers in key areas, accelerate the cultivation of a number of advanced manufacturing clusters, and increase the cultivation of small and medium-sized enterprises.


Accelerate the construction of major projects for new infrastructure, guide telecom operators to accelerate the progress of 5G construction, support industrial enterprises to accelerate digital transformation and upgrading, and promote the digital transformation of manufacturing; start the implementation of major Beidou industrialization projects to promote the large-scale application of Beidou in major strategic areas; accelerate the implementation of special actions for the construction of big data centers, and accelerate the construction of 8 national data center hub nodes in the Yangtze River Delta, Beijing-Tianjin-Hebei, Guangdong-Hong Kong-Macao Greater Bay Area, etc. Promote the healthy development of real estate investment trusts (REITs) in the infrastructure sector, effectively revitalize existing assets, and form a virtuous circle of existing assets and new investment.


Financial institutions with cross-border financial service capabilities are encouraged to increase financial support for the construction and use of overseas warehouses by traditional foreign trade enterprises, cross-border e-commerce and logistics enterprises under the premise of legal compliance and risk control. Further smooth international transportation, strengthen the supervision of the charging behavior of relevant entities in the maritime transport market, investigate and deal with illegal charging behaviors according to law; encourage foreign trade enterprises to sign long-term agreements with shipping enterprises, guide localities and importers' associations to organize small and medium-sized foreign trade enterprises and shipping enterprises to carry out direct passenger docking; increase the number of China-Europe trains, and guide enterprises to expand exports to the west through China-Europe trains.


Mike Chang




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