Expanding Investment and Strengthening the Sports Industry: Looking at the Economic "Closing Battle" in the Fourth Quarter from Local Deployment

2023-10-10

By the fourth quarter, sprinting towards the full year economic target has entered a critical period. The "11th" holiday has just ended, and multiple places have held meetings one after another to deploy key work for the fourth quarter, boost morale, prioritize, and win the annual economic "closing battle". Among them, accelerating the implementation of investment projects, creating an "upgraded version" of the business environment, stabilizing the operation of key industry enterprises, and accelerating the construction of a modern industrial system with distinctive advantages have become key priorities. Industry insiders believe that the fourth quarter is a crucial period for continuously consolidating the upward trend of the economy. Based on regional development strategies and development conditions, various regions have made specific arrangements and comprehensive mobilization for the fourth quarter's economic work, releasing a clear signal of full efforts to overcome difficulties, and helping to achieve the annual economic growth goals on schedule. On October 7th, the mobilization and deployment meeting for the first year of the fourth quarter decisive victory in Liaoning Province was held to mobilize and deploy efforts to do a good job in the fourth quarter and achieve a successful first battle in the three-year operation. The quarterly work meeting of the Shanghai Municipal Party Committee was also held on October 7th. The meeting proposed that "make full use of policy tools, implement policies and measures that have already been introduced, improve the accessibility and convenience of operation, and allow more business entities to easily access policies and receive timely assistance. For policy measures that already meet the conditions, they should be launched in a timely manner and implemented accurately according to the situation." In addition to provincial-level measures, Suqian City, Dezhou City Ji'an City and others also held a work deployment meeting for the fourth quarter after the "11th" holiday. In fact, since the end of September, many places have successively deployed economic work for the fourth quarter. Looking through the "task books" of key work in the fourth quarter of various regions, expanding effective investment and increasing efforts have become a key move. From strengthening the coordination and scheduling of key projects to strengthening the guarantee of various elements, all regions have made every effort to achieve the "progress bar" of project construction in the fourth quarter. On October 7th, the fourth batch of major projects in Anhui Province in 2023 began construction, with a total investment of 707.46 billion yuan in 1089 projects and an annual planned investment of 76.28 billion yuan, involving multiple industries such as manufacturing, infrastructure, and people's livelihood. From January to August this year, the completion rate of key projects in Anhui Province was 72.1%, the construction rate was 81%, and the completion rate was 80.3%, all exceeding the scheduled schedule. Striving to sprint towards the fourth quarter, Anhui proposed to accelerate the promotion of more projects to form physical workload as soon as possible, actively explore the potential of infrastructure investment, and strive to stabilize real estate investment, especially to strengthen the key support for manufacturing investment; Further enhance the vitality of private investment, leverage the driving role of government investment, and improve the database of major projects that attract private investment. Liaoning, Shaanxi, and other regions will also consider expanding investment as an important part of achieving a successful economic conclusion throughout the year. On October 7th, Liaoning stated at the mobilization and deployment meeting for the first year of the fourth quarter of the decisive battle, that it should coordinate the start of signed projects, the production of starting projects, and the effectiveness of production projects, accelerate investment progress, and increase investment growth rate. Shaanxi stated that in the fourth quarter, it is necessary to fight a strong battle to stabilize investment and accelerate the construction of over 600 new provincial and municipal key projects, providing strong support for investment stabilization and recovery; Strive to increase central investment and strive for financial support for landmark and regional strategic projects such as the Yanyu high-speed railway. In the first eight months of this year, fixed assets investment increased by 3.2% year on year, including infrastructure

Edit:Hou Wenzhe    Responsible editor:WeiZe

Source:Economic Information Daily

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