At the end and beginning of the year, several provinces across the country held economic work conferences to deploy and arrange work for 2025. Among them, major economic provinces such as Guangdong, Henan, Zhejiang, and Shandong have explicitly proposed to ensure a "good start" to the economy in the first quarter. Liu Xiangdong, Deputy Director of the Economic Research Department of the China Center for International Economic Exchange, told reporters that since the beginning of this year, various regions have taken the initiative to increase work deployment, optimize economic layout, especially major economic provinces have played a leading role in promoting the stabilization of the economic fundamentals and leading high-quality economic development. Focusing on the "two new" and "two dual" initiatives to stimulate new economic vitality. Faced with issues such as insufficient effective demand and overcapacity in some industries, many regions have focused on deploying actions for the "two new" and "two dual" initiatives. For example, Henan has explicitly proposed to increase efforts to boost consumption and expand domestic demand. Implement special actions to boost consumption, enrich application scenarios, cultivate new types of consumption, and enhance consumption capacity, willingness, and hierarchy. Intensify efforts to expand and implement the "two new" policies, and leverage more bulk consumption. Promote the construction of "dual" projects with higher quality and further improve investment efficiency. Guangdong has stated that it will vigorously implement the special action to boost consumption, make greater efforts to promote the "two new" work, innovate consumption scenarios, and stimulate consumption potential through multiple channels. We need to strengthen the traction and driving force of major projects, conscientiously implement the national "dual" policy, do in-depth and detailed preliminary work, actively broaden investment and financing channels, and continuously expand effective investment. Liu Xiangdong stated that multiple major economic provinces are seizing the opportunity for development, taking the initiative to shoulder the responsibility of carrying out major projects, accelerating the deployment of major projects, using government investment to drive social investment, continuously boosting effective demand, expanding domestic demand, and cultivating economic momentum while unleashing greater demand potential, forming strong support for stabilizing local economic growth. Zhang Yiqun, Vice Chairman of the Performance Management Special Committee of the Chinese Society of Finance, told reporters that there will be significant changes in China's investment this year. The scope of government investment will be broader, the investment methods will be more flexible, the investment increment will be more abundant, and the investment pace will be significantly accelerated. This can more actively and effectively compensate for the lack of market and social investment, and form the effect of supporting the chassis, enlarging space, and activating the market. Technological innovation and the development of new quality productivity have also become the focus of attention for major economic provinces. For example, Shandong proposed to focus on developing new quality productive forces according to local conditions. Fully leverage the leading role of technological innovation and accelerate the construction of a modern industrial system. We will make greater efforts to coordinate and promote the transformation and upgrading of traditional industries, the cultivation and growth of emerging industries, and the advanced layout of future industries. Hunan proposes to make great efforts in leading the development of new quality productive forces through technological innovation, dynamically compile a "4 × 4" modern industrial system innovation map, strengthen the deep integration of industry, academia and research led by enterprises, improve the industrial chain length system, and carry out actions such as "artificial intelligence+" and "intelligent empowerment of ten thousand enterprises". This year, the pace of China's economic structural adjustment and industrial upgrading has accelerated, and we are at a critical period of developing new quality productive forces. It is of great significance to boost market confidence and achieve a 'good start' to the first quarter of the economy, especially for economically major provinces that still have a clear demonstration and leading role in the national economy Zhang Yiqun stated. The economy is expected to continue its upward trend in the first quarter. Currently, various regions are implementing a series of specific policies and strategies to promote high-quality economic development, which will help the Chinese economy maintain stable growth and sustained improvement in the future. When it comes to the economic trend in the first quarter of 2025, Tian Lihui, Dean of the Institute of Financial Development at Nankai University, told reporters: "The economy is expected to show a stable and positive trend in the first quarter of 2025. Specifically, firstly, consumption is expected to achieve a gradual recovery with policy support; secondly, technological innovation in the manufacturing industry is expected to grow significantly and contribute more to economic growth; thirdly, industry is steadily advancing and the offsetting effect of new driving forces is constantly increasing; fourthly, the supply-demand contradiction is gradually easing, promoting a moderate rebound in prices." Liu Xiangdong believes that with more active and powerful macro policy support, a package of stock increment policies is expected to take effect, and the economy in the first quarter of 2025 is expected to continue the growth trend of the fourth quarter of 2024, with stronger industrial development momentum and a continuous improvement in economic recovery. Consolidate and present the characteristics of stable quantity and excellent quality, Effectively transform all positive factors into development achievements. Zhang Yiqun stated that the first quarter of 2025 will continue the positive trend of economic recovery at the end of last year. Investment in major infrastructure projects remains crucial, and new energy, new technologies, and new materials will become important engines of economic growth. With the joint promotion of domestic consumption and investment policies and the construction of a unified large market, the foundation for economic stabilization and recovery will be further consolidated. (New Society)