The Central Economic Work Conference supports major economic provinces to take on significant responsibilities, and relevant provinces are conveying and studying this message.

According to Xinhua News Agency, the Central Economic Work Conference was held in Beijing from December 11 to 12. Xi Jinping, General Secretary of the Communist Party of China, President of the country, and Chairman of the Central Military Commission, attended the meeting and delivered an important speech.

The conference identified nine key tasks to focus on by 2025. These include: increasing the implementation of regional strategies to enhance regional development vitality; leveraging the synergistic effects of regional coordinated development strategies, major regional strategies, and principal functional area strategies to actively cultivate new growth poles; improving the innovation capabilities and radiating effects of economically advantageous regions; supporting major economic provinces to take on significant responsibilities while encouraging other regions to adapt to local conditions and showcase their strengths; deepening industrial cooperation among the eastern, central, western, and northeastern regions; and vigorously developing the marine economy and bay area economy.

Since December 13, several major economic provinces have expressed their positions. For instance, according to the WeChat public account “Southern Daily,” on the afternoon of December 13, the Standing Committee of the Guangdong Provincial Party Committee held a meeting to thoroughly convey and study Xi Jinping’s important speech at the Central Economic Work Conference and the spirit of the conference, as well as his important speeches at the Central Politburo meeting and the symposium with non-Party figures, and to discuss the implementation measures for the province. The meeting was chaired by Provincial Party Secretary Huang Kunming.

The meeting emphasized the need to deeply understand the overall requirements, policy orientations, and key task deployments for next year’s economic work as outlined by Xi Jinping and the Central Committee, to earnestly implement the various requirements of the Central Economic Work Conference, to steadfastly promote high-quality development, and to firmly shoulder the political responsibility of “major economic provinces must truly take on significant responsibilities.” It called for advancing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, leveraging the comprehensive advantages of the three regions, and jointly promoting “hard connectivity” in infrastructure and “soft connectivity” in regulatory mechanisms, thereby driving the province to further deepen reforms and expand high-level opening-up. The meeting also stressed the importance of boosting consumption, optimizing investment, stabilizing external demand, closely aligning with and effectively utilizing central incremental policy measures such as ultra-long-term special bonds, and better driving project investment and promoting consumption, while continuously strengthening the foreign trade and foreign investment sectors to support the consolidation of traditional markets and the exploration of emerging markets.

According to Jiao Hui Point News, on December 13, the Standing Committee of the Jiangsu Provincial Party Committee held an expanded meeting to convey and study the spirit of the Central Economic Work Conference and to discuss the implementation work for the province. The meeting was chaired by Provincial Party Secretary Xin Changxing.

The meeting emphasized the need to deeply understand the Central Committee’s significant judgments on the current situation, accurately grasp the overall requirements, policy orientations, and key tasks for next year’s economic work, and to combine Jiangsu’s mission of “leading the way and setting an example” with the responsibility of “major economic provinces taking on significant responsibilities,” focusing on both short-term and long-term needs while planning for next year’s work from a higher perspective. It called for adhering to the general principle of seeking progress while maintaining stability, focusing on stabilizing expectations, stimulating vitality, and implementing extraordinary counter-cyclical adjustment policies, expanding effective demand comprehensively, further deepening reforms, and expanding high-level opening-up, while developing new quality productivity suited to local conditions and building a modern industrial system. The meeting also highlighted the need to better coordinate development and security, consolidate and enhance the positive trend of economic recovery, and continue to lead in high-quality development, making greater contributions to the national development landscape. It further emphasized the importance of implementing the significant requirement of strengthening the Party’s leadership over economic work, being adept at finding confidence from understanding the laws of economic development, enhancing initiative in work, dynamically improving the effectiveness of development strategies during the implementation of policies, and guiding expectations and stimulating enthusiasm across society through the proactive efforts of cadres, creating a better development atmosphere for grassroots communities and business entities, and igniting the enthusiasm and passion for development across all sectors of society to collectively foster a spirit of entrepreneurship and responsibility.

On the morning of December 13, the Standing Committee of the Shandong Provincial Party Committee held an expanded meeting to convey and study Xi Jinping’s important speech at the Central Economic Work Conference and the spirit of the meeting, and to discuss implementation measures. The meeting was chaired by Provincial Party Secretary Lin Wu.

According to Dazhong News, the meeting emphasized that next year marks the final year of the 14th Five-Year Plan, making it crucial to effectively carry out economic work. It called for closely aligning with the spirit of the Central Economic Work Conference, scientifically planning next year’s economic work in accordance with the province’s realities, and effectively fulfilling the role of a major economic province. The meeting stressed the need to amplify policy effects, thoroughly implement the central package of incremental policies, promptly plan and reserve a new batch of policy lists for the province, and ensure systematic integration and coordination of policies related to finance, industry, technology, and real estate. It also emphasized the importance of building a modern industrial system, leading the development of new quality productivity through technological innovation, implementing the “number one project” for industrial economy with greater intensity, continuously promoting the transformation and upgrading of traditional industries, nurturing emerging industries, and advancing the layout of future industries to accelerate the creation of new momentum and advantages. The meeting called for focusing on boosting consumption and promoting investment, deeply implementing actions to stimulate consumption, cultivating new growth points for consumption, effectively utilizing ultra-long-term special bonds and special bonds, ensuring the construction of key projects at the provincial, municipal, and county levels, and striving to improve investment efficiency. It also highlighted the need to stabilize foreign trade and foreign investment, fully expand new emerging markets in countries participating in the Belt and Road Initiative, increase imports of bulk commodities, enhance exports of green ships and other products, and strengthen new forms of foreign trade.

Additionally, according to the WeChat public account “Zhejiang Release,” on the morning of December 13, the Standing Committee of the Zhejiang Provincial Party Committee held an expanded meeting to convey and study the spirit of the Central Economic Work Conference and to discuss the implementation measures for the province. The meeting was chaired by Provincial Party Secretary Wang Hao, who conveyed Xi Jinping’s important speech at the Central Economic Work Conference.

The meeting emphasized the need to closely align with Zhejiang’s realities, accurately and practically plan the economic work ideas, goals, and key tasks for next year. It underscored the core task of high-quality development and building a demonstration zone for common prosperity, insisting on overall advancement and key breakthroughs; firmly grasping the responsibility and significant opportunities of “major economic provinces taking on significant responsibilities” to achieve better results; adhering to the principles of “seeking progress while maintaining stability, promoting stability through progress, maintaining integrity while innovating, prioritizing establishment before breaking, and ensuring systematic integration and collaborative coordination”; and fulfilling the work requirements of “always acting practically, leading the way, and standing at the forefront” by exploring new paths and enhancing new momentum. The meeting called for prioritizing action and practicality, better leveraging the guiding and supporting role of policies, maximizing the release of policy dividends; focusing on major project construction, further optimizing investment structure, and improving investment efficiency; accelerating the construction of an innovative Zhejiang, developing new quality productivity suited to local conditions, and building a modern industrial system; vigorously boosting and expanding consumption, further enhancing the foundational role of consumption in promoting development; advancing high-level opening-up, and accelerating the construction of a high-energy-level open province; using the “Ten Million Project” as a driver to promote high-quality urban-rural integration development and reduce income disparities between urban and rural areas; accelerating the implementation of major reforms to enhance development momentum and vitality; promoting green and low-carbon development to create a high-level ecological province; and ensuring and improving people’s livelihoods to further enhance the well-being of the populace.

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