Vigorously promote stable industrial investment, ensure steady growth, and do a good job in attracting investment, progressing major industrial projects, and technological transformation

Updated: Jan 29,2023 3:45 PM

 On January 29th, Shanghai Municipal Government Information Office held the first press conference in Shanghai after the Chinese New Year, focusing on promoting economic development. Wu Qing, Member of the Standing Committee of CPC Shanghai Municipal Committee and Executive Vice Mayor, Ruan Qing, Vice Chairman of Shanghai Municipal Development and Reform Commission, Gu Jun, Chairman of Shanghai Municipal Commerce Commission, Zhao Yongfeng, Director of Shanghai Municipal Human Resources and Social Security Bureau, Zhang Hongtao, Chief Engineer of Shanghai Municipal Commission of Economy and Informatization, and Liu Hongbo, Chief Auditor of Shanghai Municipal Taxation Bureau, attended the conference and answered questions from reporters.



Reporter from Shanghai People's Broadcasting Station: Industrial investment plays an important role in boosting confidence and promoting development. How will Shanghai further facilitate industries, support enterprises and implement projects in promoting stable industrial investment this year?


Zhang Hongtao: In 2022, CPC Shanghai Municipal Committee and Shanghai Municipal Government coordinated epidemic prevention and control as well as economic and social development. The city's industrial system faced yet overcome difficulties, and the industrial economy was stable and improving. Shanghai's industry continued to maintain a scale of RMB4 trillion. The manufacturing output of the three leading industries increased by 11.1% year-on-year. The output of the six key industries grew about 1%, and the strategic emerging industries accounted for 43% of the industry. In particular, industrial investment achieved a V-shaped rebound, exceeding RMB170 billion for the first time, reaching a record high, with a year-on-year increase of 0.6%. In 2023, we will vigorously promote industry, ensure steady investment and growth, and do a good job in attracting investment, progressing major industrial projects and technological transformation.


First of all, strengthen investment promotion and stimulate the vitality of economic development. Recruit high-quality projects. Focus on the "3+6" new industrial system, speed up the layout of new racetracks and future industries, and focus on introducing a number of major industrial projects with high energy level, large scale and good demonstration effect. Organize high-quality investment promotion events. Make good use of China International Import Expo and other major event platforms to expand the influence of "Investing in Shanghai". We plan to hold the World Global Investment Promotion Campaign 2023 in April, in which a group of Fortune 500 companies and well-known domestic business leaders will be invited to Shanghai for exchange, visits and cooperation discussion.


Second, accelerate project progress and enhance the momentum of industrial investment. Since 2023, Shanghai has signed more than 160 key industrial projects with a total investment of RMB100 billion in only one month, and started more than 60 new key industrial projects with a total investment of over RMB70 billion, taking the lead in making a good start. In the next step, we will do a good job of urban linkage and classified promotion, and pay attention to signing contracts for projects under discussion. Implement the responsibility system, speed up the signing of contracts, and tap and reserve a number of high-quality investment projects. Start construction of projects in hand. Copy and popularize the experience of "getting land and starting construction", fully implement "pile foundation first", and handle project approval procedures efficiently. Projects under construction should be completed and put into production. Go deep into the front line of enterprises and projects to solve difficulties, implement "phased completion acceptance", reverse nodes, and speed up completion and production.


And third, deepen technological transformation and tap the potential of industrial development. Increase support for technological transformation. Optimize the implementation of the classification and grading support policy, make good use of the loan discount policy for equipment renovation and policy-oriented development financial instruments, and encourage enterprises to accelerate equipment renovation. Accelerate project demonstration. Continue to play the important role of technological transformation in stabilizing investment, build 100 benchmark demonstration projects of technological transformation, and drive the enterprises above designated size to implement 1,500 technological transformation projects. Support the upgrading in key areas. Focus on integrated circuits, new energy vehicles and other fields, build intelligent production lines, digital workshops and intelligent factories, and promote enterprises to implement intelligent and high-end technological transformation.