The new deal of central and Western China will be implemented

The economic growth in the central and western regions of China is strong. According to the GDP data of 31 provinces in the first three quarters of 2019 released by the National Bureau of statistics on the 16th, the GDP growth of six provinces in the central region "outperformed" that of the whole country, and the performance of the western region was eye-catching. The GDP growth of Yunnan, Guizhou and Tibet ranked the top three in the country. Reporter of economic reference learned that a new round of greater support for the development of the central and western regions will be intensively implemented. The new deal will focus on infrastructure construction, industrial transfer and optimization of foreign investment. We will focus on building a number of major high-speed railway and highway projects, build a number of international aviation hubs, and speed up the construction of new land and sea corridors in the West. In addition, we will accelerate the introduction of a more attractive new policy on industrial transfer in the central and western regions, dynamically adjust the catalogue of industrial guidance, and give priority to the establishment of a number of comprehensive bonded areas. Many enterprises are seizing the opportunity to speed up the layout.

The economic growth of the central and western regions leads the whole country, among which the investment in fixed assets has a large return. In particular, the growth rate of infrastructure construction is relatively stable or even showing a strong trend. As the key point of stabilizing investment and making up the shortage of infrastructure, the infrastructure construction in the central and western regions will still be the driving point for a period of time in the future. " Zhang Jun, chief economist of Morgan Stanley Huaxin securities, told the economic reference. In terms of transportation infrastructure, Meng Wei, spokesman of the national development and Reform Commission, said recently that the development and Reform Commission will focus on precision investment and effective investment with relevant parties. Railway construction projects are still short in the central and western regions of China. We should focus on the central and western regions, continue to promote the "eight vertical and eight horizontal" main channel of high-speed railway, improve the layout of trunk line network, do a good job in the construction of projects under construction, urge the project funds to be in place in time and in full, and accelerate the formation of physical workload. Many cities in the central and western regions are gaining momentum. The State Council recently approved the revised urban and rural master plan of Chongqing (2017-2020) in principle. It is necessary to speed up the construction of transportation infrastructure such as roads, railways, airports and ports, and build Chongqing into a comprehensive transportation hub and international trade channel in the upper reaches of the Yangtze River. In addition, Chongqing municipal government and Civil Aviation Administration of China have issued the strategic planning of Chongqing international aviation hub (2019-2035).

Many central cities in the central and western regions, such as Zhengzhou, have also made frequent arrangements to speed up the building of international aviation hubs and the development of airport economy. Recently, the three-year action plan of Chengdu to promote the construction of new land sea channel in the West and promote the south opening cooperation (2019-2021) proposed to build Chengdu land port type national logistics hub and accelerate the construction of Chengdu Tianfu new area, free trade pilot area and important ports. Enterprises are also speeding up their layout. On November 16, the inland port of Gansu (Lanzhou), Shandong Port, was opened and started. It is reported that in order to help the economic development of the central and western regions, Shandong ports have set up three "inland ports" in Xi'an, Urumqi and other places, opened up a two-way logistics channel between new Shandong and South Korea, and added seven container rail sea intermodal lines. Optimizing economic structure and undertaking industrial transfer have become the medium and long-term strategic focus to support the development of the central and western regions. In 2010, after the State Council issued the guiding opinions on undertaking industrial transfer in the central and western regions, the state has set up eight national demonstration areas for undertaking industrial transfer, which has formed some mature practices and experience.

On October 14, the Symposium on the economic situation of some provincial government leaders emphasized that they should support and promote the transfer of the central and western regions. It is understood that the state will introduce more attractive policies for the study of industrial transfer in the central and western regions. The central and western regions will further optimize the business environment and create better conditions to undertake industrial transfer in the East. In the view of experts, the Midwest is rich in resources and has a huge space to undertake industrial transfer. It has advantages in featured agriculture, energy, military machinery, etc. "Taking the energy industry as an example, the comparative advantages of coal, hydropower, wind energy and light energy are outstanding, and the concentration of high-quality resources under the supply side structural reform is an important path to enhance the competitiveness of the industry." Sun Chuanwang, associate professor of School of economics, Xiamen University, told the economic reference. It is the key to accelerate the industrial undertaking to improve the software and hardware environment, give full play to the advantages of manpower and land cost.

"It is necessary to stimulate the vitality of the main body of the enterprise, provide greater convenience for the start-up of enterprises, factor acquisition, etc., and improve the efficiency of resource allocation. While promoting the intensive use of state-owned land, we should strengthen the transfer and lease of land use right, and activate the initiative of industrial park. To stimulate the potential of regional talents, improve the quality and skills of the existing employees, attract more excellent talents through "building a nest to attract Phoenix", and enhance the core source power of the development of the central and western regions. " Sun Chuanwang said. In building a new highland for opening up to the outside world, the central and western regions will also embrace the advantages of concentration. The newly revised catalogue of industries encouraging foreign investment (2019 Edition) points out that it supports the central and western regions to undertake the transfer of foreign investment industries. Among them, the Midwest catalogue further increased the items of labor-intensive, advanced and applicable technology industries and supporting facilities, and increased the support for the Midwest region to undertake the transfer of Foreign-funded Industries. "The fund budget and financial special projects will continue to be tilted towards the central and western regions, and the relevant industry guidance catalogue of the central and western regions will be dynamically adjusted to give necessary policy tilts to the development of advantageous industries and appropriate industries in the central and western regions." Pang Chaoran, an associate researcher at the Research Institute of the Ministry of Commerce, told the economic reference. In the opinions on further improving the utilization of foreign capital issued by the State Council on November 7, it is proposed to improve the construction level of the pilot Free Trade Zone, improve the quality of the open platform investment of the national economic and Technological Development Zone, and give priority to the establishment of a number of comprehensive bonded areas in the central and western regions.

On November 8, Xi'an Aviation base Comprehensive Bonded Zone, the first comprehensive bonded zone characterized by aviation industry in the central and western regions, was officially closed for operation. There are 18 pilot free trade zones in China, including 7 pilot free trade zones in central and Western China, including Henan, Hubei, Chongqing, Sichuan, Shaanxi, Guangxi and Yunnan. In terms of comprehensive bonded areas, from January to September, the total import and export volume of comprehensive bonded areas reached US $262.56 billion, up 6.8% year on year. Among them, the total import and export volume of the central and western regions reached 11.75 billion US dollars, a year-on-year increase of 25.1%, exceeding the national average. Radiation effect and employment promotion effect are obvious. " Pang Chaoran said. However, Pang Chaoran also pointed out that there are some problems in the development of the central and Western comprehensive insurance zones, such as inconvenient transportation and logistics, high comprehensive production cost, low utilization rate of preferential policies, blindness of enterprises in some regions, low investment of foreign-funded enterprises due to regional restrictions in opening-up, lack of supporting policies in and out of the zones, and ineffective policy synergy There is a lack of effective planning for industrial development, and the proportion of single industry in some comprehensive insurance areas is too large. These will be the next step to focus on improvement. To support the rapid development of the central and western regions, we need to take multiple measures. "We need to deepen the implementation of policies and measures to promote the development of the western region and the rise of the central region, and establish a regional strategic coordination mechanism. Focusing on Chongqing, Chengdu, Wuhan, Zhengzhou, Xi'an, etc., it leads the development of Chengdu Chongqing, the middle reaches of the Yangtze River, the Central Plains, Guanzhong Plain and other urban agglomerations. With the platform of undertaking industrial transfer demonstration area and cross provincial cooperation Park, we will support developed regions and underdeveloped regions to build industrial cooperation base and resource deep processing base. We should also explore the establishment of new mechanisms for regional cooperation and improve the complementarity of regional interests. Support the cooperation and development of Sichuan Chongqing and other provincial border areas. We will gradually narrow the gap in public services between the eastern region and the central and western regions."