Precise Investment Strengthens Northeast Revival
The Northeast region of China is an important industrial and agricultural base with a significant strategic position. For some time, the three provinces of Liaoning, Jilin, and Heilongjiang have been actively fostering and developing new quality productive forces, fully utilizing multiple policy opportunities, increasing investment, optimizing investment structure, and efficiently promoting projects, investment, and growth. The economy of the three Northeast provinces has shown a good development trend of promoting stability, optimizing structure, and maintaining growth. Investment, as one of the "three engines" driving economic growth, is an important force for the comprehensive revitalization of the Northeast in the new era. Currently, how to continuously build a precise and efficient investment layout to consolidate the economic foundation for the comprehensive revitalization of the Northeast and inject strong momentum is worth studying.
In recent years, the Northeast region has continuously optimized the investment environment, actively attracted domestic and foreign investment, and promoted economic transformation, upgrading, and comprehensive development. Data can accurately illustrate this point: so far this year, Jilin Province's investment has always maintained a stable and rapid growth, with a provincial investment growth of 5.6% in the first half of the year, 1.7 percentage points higher than the national average; Liaoning Province's fixed asset investment grew by 4% last year, high-tech manufacturing industry investment grew by 25.3%, actual investment attracted increased by 16%, and actual foreign capital utilized was $3.38 billion; Heilongjiang Province's actual foreign capital utilization increased by 11.8% last year, with a growth rate 25.4 percentage points higher than the national average, and 241 new foreign-funded enterprises were established, a growth of 68.5%.
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Despite a series of achievements, problems still exist, such as weak project planning awareness, the need for improvement in the business environment, low willingness for private investment, and a large amount of ineffective and low-efficiency investment. In response, future efforts need to further deepen the reform of the investment system in the Northeast region, continue to establish a fair competitive market environment, mobilize the vitality of business entities, and maximize the enthusiasm for private investment.
Lead with planning and expand effective investment. Relevant departments should follow national policies, adhere to target orientation, and design, approve, and manage investment projects based on the new era planning system such as development planning, territorial spatial planning, regional planning, and special planning. Local governments should adhere to problem orientation, reform bank management mechanisms, and effectively support the real economy, improve financing conditions for small and micro enterprises, promote the reform of the venture investment system and mechanism, and help the development of new quality productive forces. In terms of new infrastructure construction, efforts should be made to guide business entities to fully participate and integrate, develop private capital and social resources, focus on building a diversified, market-oriented, and professional new infrastructure investment and construction system, improve the investment hard environment, and provide strong support for regional economic development.
Improve investment efficiency and transform development momentum. Local governments need to continuously optimize the business environment, ensure the implementation of policy measures such as streamlining approval processes, clearing enterprise charges, and relaxing access requirements, and reduce enterprise costs. The guiding and driving role of government investment should be played, ineffective and low-efficiency investment should be cracked down on, support for filling gaps, strengthening weak links, and cultivating new momentum should be increased, effective investment space should be actively expanded, and profitable investment should be increased. Investment policies should be tilted towards major strategies, advantageous regions, and specific fields, encouraging social funds to increase investment in high-tech industries, strategic emerging industries, modern service industries, and other fields to optimize the investment structure and promote industrial structure upgrading, and promote technological innovation and industrial upgrading. In terms of enterprise investment, it is necessary to seek differentiated competitive advantages from investment projects, choose projects with development potential and deep integration with the local economy, avoid homogenization and vicious competition, and improve the return on investment.
Strengthen talent training and tap investment potential. Increase investment in higher education and vocational education, focus on the refinement of talent cultivation system construction, optimize the allocation of educational resources and discipline professional settings, promote in-depth integration of industry, academia, and research, and cultivate more high-quality talents to adapt to the needs of precise investment development.