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Economy

Looking at the "Book" of China's Economic Spring Festival from the Perspective of Local Department Planning

2024-02-11   

On the first day of the first lunar month, the north and south of the Yangtze River have a strong annual flavor, and the spring is full of vitality. A year's plan lies in spring. From the development plans of various regions and departments this year, combined with frontline interviews and research at the beginning of the year, we have gained a new understanding of the "book value" of China's economy during the New Year. A more stable "book value": Consolidate and restore a good foundation while expanding domestic demand. In Hangzhou, Zhejiang, a unique spring flower exhibition at the Qian Wang Temple by the West Lake has attracted many tourists to stop. The reporter walked into the gate of the Qian Wang Temple with the flow of people, and the red and bustling "ribbons" lingered around the "Fu Lin Gate", full of joy. Red plums, wax plums, and daffodils are clustered in a cluster, and the square in front of the hall is decorated beautifully. "This year's unique feature is the indoor exhibition of West Lake water lilies, allowing citizens and tourists to see the summer scenery of West Lake during the Spring Festival," said Sha Shuhui, a staff member of the West Lake Water Management Office in Hangzhou. After many years, the West Lake Spring Flower Exhibition has reopened. Local innovative performances such as zither, bamboo flute, pipa performance, Paper Cuttings, sugar painting and so on won the applause of the audience. Consumption is the main engine driving economic growth and the underlying color of the economic "book". Since the beginning of the new year, from "Erbin" to "four provinces of mountains and rivers", from netizens spontaneously "supervising" to cultural and tourism departments online "listening to advice", various regions have frequently resorted to practical measures, striving to expand and strengthen cultural and tourism consumption, and consolidating a good foundation for consumption recovery. The reporter reviewed recent government work reports released in various regions and found that a series of supportive policies for expanding consumption are impressive: Fujian will vigorously develop new formats and models such as experiential services, shared services, and smart services; Shanxi will boost bulk consumption of new energy vehicles, household appliances, and other industries; Hainan has proposed online and offline linkage to strengthen new types of consumption such as digital consumption, green consumption, and healthy consumption... In the new year, relevant departments of the central government are also making efforts to "raise salaries and add fuel" to consumption. The National Development and Reform Commission has proposed to actively cultivate new consumption growth points, stabilize and expand traditional consumption, and further improve consumption facilities; The Ministry of Finance has made it clear that the scale of fiscal expenditure should be moderately increased to better play its role in driving domestic demand and promoting economic circulation; The Ministry of Commerce has clearly designated 2024 as the "Consumer Promotion Year"... "The Ministry of Commerce will ensure that there are themes in each season, activities in each month, and scenes in each week, and will hold four major theme activities and 12 key events throughout the year." Vice Minister of Commerce Sheng Qiuping said. While the consumption of "horse drawn carriages" is accelerating, effective investments are also continuing to drive forward. On January 2nd, Jiangsu held a kickoff meeting for major project construction, with 2710 projects planned to start construction in the first quarter with a budget of over 100 million yuan; On January 11th, Sichuan held an on-site promotion activity for major projects in the first quarter of the province, promoting a total of 2217 projects; On January 30th, Beijing released three key projects of the "100" city, with a total investment of about 1.2 trillion yuan... Major projects such as hydropower stations, highways, and power transmission and transformation projects involving infrastructure and addressing shortcomings in people's livelihoods in many areas are being accelerated; New infrastructure projects such as intelligent computing centers and computing power centers in Guizhou, Zhejiang, and other regions are transforming into high-quality development drivers. The Financial Times published a commentator's article pointing out that local investment projects launched by China in early 2024 have a "clear scientific color", demonstrating

Edit:Hou Wenzhe Responsible editor:Weize

Source:Xinhua News

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