Twelfth Five-Year Regional Policy or preference for multi-provincial planning in the central and western regions

The development plan for the regional economy in the national “Twelfth Five-Year Plan” is being actively prepared. At the same time, a number of provinces and autonomous regions are in the process of organizing the “Twelfth Five-Year Plan” at the local level. As a link between regional planning at the national and local levels, which regional plans can be included in the “Twelfth Five-Year Plan”? Officials and scholars interviewed by the China Securities Journal pointed out that the “Twelfth Five-Year Plan” will focus on narrowing the regional gap and tilting to economically underdeveloped areas such as the central and western regions. Currently, the regions of Guangxi, Henan, Inner Mongolia and other provinces Planning may be a popular "candidate."

Multiple provinces plan to sprint upgrade
The starting and ending time of the “Twelfth Five-Year Plan” is from 2011 to 2015. It involves not only the development planning of specific industries such as energy, environmental protection, industry, communication and informationization, but also the five-year plan for economic development in different regions. Different from the past, the “Twelfth Five-Year Plan” will put regional planning in a more prominent and important position, and clarify the strategic and spatial layout of regional economic development and the focus and direction of structural adjustment.

The “Twelfth Five-Year Plan” is mainly led by the Regional Economic Department of the National Development and Reform Commission, and the preliminary work of intensive research in various provinces has basically ended.

In the early intensive research phase, Inner Mongolia, Henan, Guizhou, Xinjiang, Yunnan and other provinces and autonomous regions are also reporting the regional planning of the province, hoping to be included in the national “Twelfth Five-Year Plan” regional planning, the highest level of planning. .

According to incomplete statistics, at least 26 regional plans or documents have been approved by the State Council since 2009. They may cover several provinces (municipalities, autonomous regions), or some provinces, with different names and functions. They are usually germinated in the local, and then incorporated into the planning guidance of the national ministries and commissions, and eventually become regional planning at different levels.

Undoubtedly, once it can be selected for the “Twelfth Five-Year Plan”, the province will receive more tax support in terms of finance, taxation, land, finance, etc. This is one of the reasons why the provinces and regions actively report regional plans.

But not all of these reported regional plans can be included in the “Twelfth Five-Year Plan”. According to the relevant person from the Regional Department of the National Development and Reform Commission, regional development plans (or opinions) have been introduced intensively since 2009, but not all regional plans can be included in the highest level. This requires a comprehensive consideration of various conditions, such as whether it is conducive to the development of key areas, speeding up development and the later development of underdeveloped areas, and achieving leap-forward development; whether to focus on implementing major reform and development strategies proposed by the state, such as resource-saving strategies and environments. Whether the friendly strategy and industrial transfer strategy can meet the needs of the country to deepen open cooperation.

According to these conditions, the formulation of the “Twelfth Five-Year Plan” will focus on the coordinated development of different regions, narrowing regional gaps, developing comparative advantages, accelerating economic transformation, and taking into account people's livelihood, etc., and avoiding “localization” of regional planning. Avoid “one size fits all” across the country, and ensure that the policy ideas are continuous and sustainable. Avoid big ups and downs, “dizzing cakes”, and adjust transformation in a stable manner.

Regional policy will tilt towards the Midwest
Many experts interviewed by the reporter believe that at present, the central and western regions will be more concerned in the regional planning reported by the provinces.

At the beginning of July, the CPC Central Committee and the State Council convened a conference on the development of the western region to deploy the future development plan for the western region. This meeting highlighted the strategic position of the western region and clearly pointed out that the development of the western region has a priority in the overall strategy of regional coordinated development in China, has a fundamental position in promoting social harmony, and has a special status in achieving sustainable development. Relevant persons from the National Development and Reform Commission said that narrowing the regional gap and seeking regional coordination is one of the objectives of the “Twelfth Five-Year Plan”. The current situation of the central and western regions laging behind the eastern region for a long time is prompting the country to make more determinations to introduce more preferential policies. The main reason for regional revitalization.

The China Securities Journal reporter learned that there are several central and western provinces and regions in Guangxi, Henan and Inner Mongolia that are planning to report to the regional plan.

The Party Committee and the government of Guangxi Zhuang Autonomous Region proposed a major strategic decision to “build the Xijiang Golden Waterway and promote the coordinated development of the regional economy”. It was decided to invest more than 21.5 billion yuan from 2008 to 2012 to build the Xijiang River into “open, cooperative, coordinated, The high-efficiency and ecological “100 million tons of golden waterways” will promote the formation of the Xijiang Economic Belt with the construction of Xijiang billion tons of golden waterways. This plan has been reported to the National Development and Reform Commission. Analysts pointed out that Guangxi's development of Xijiang regional economy has the advantage of being close to the Guangdong, Hong Kong and Macao markets and being able to actively undertake the transfer of eastern industries.

It is also reported that Wu Jinglian, a researcher at the Development Research Center of the State Council, suggested that the concept of “Central Plains Economic Zone” should be included in the national master plan. The national “Twelfth Five-Year Plan” should highlight the Central Plains economic zone because the Central Plains region is the most important part of the central region. . The most important part of the Central Plains region is Henan. Once Henan is included in the national regional economic system, the advantages of agriculture and transportation in the central region will rapidly increase the speed and level of development in Henan.

According to the Inner Mongolia Bureau of Statistics, it is expected that the central government will introduce an Inner Mongolia regional plan similar to the Xinjiang Regional Revitalization Plan in November. A total of 169 people from 44 ministries and commissions including the National Development and Reform Commission went to Inner Mongolia for research. The investigation involved seven important aspects of Inner Mongolia's development goals, ecological status, industrial structure status, infrastructure construction, improvement of people's livelihood, coordinated regional development and policy support.

In addition, Guizhou, Yunnan and other provinces will also introduce relevant plans. According to relevant sources from Guotai Junan Securities Research Department, according to the logic of China's regional planning and regional rise, Yunnan and Guizhou, which have not yet launched regional planning, may also have new plans.

Focus on the comparative advantage of local conditions
A regional economic researcher from the National Development and Reform Commission told the China Securities Journal that the government should not specifically intervene in the industrial transfer between regions, and not specifically support policies, but policy guidance to allow the industry to naturally transfer. Encourage all regions to carry out industrial planning and guidance according to their natural endowments, and provide supporting policies.

Take Anhui as an example. Liu Ronghua, deputy director of the Anhui Provincial Development and Reform Commission, told the China Securities Journal that the State Council approved the “Chengjiang City Belt to undertake the Industrial Transfer Demonstration Zone Plan”, which clarified that the Wujiang City Belt undertakes the industrial transfer demonstration zone and will be the equipment manufacturing industry, the raw material industry, and the textile industry. Industry, high-tech industry, modern service industry and modern agriculture are the six pillar industries of key development, which have suitability, leading and strategic advantages. According to the forecasts of the cities in the demonstration area, by 2015, the GDP of the demonstration area will reach 1.75 trillion yuan, and the fiscal revenue will exceed 230 billion, which is equivalent to recreating an Anhui in 2008.

In the development plan of Inner Mongolia, the new energy industry is the most optimistic. Inner Mongolia has abundant resource endowments, good resource development conditions, low development costs, and close proximity to the market. Some experts suggested that the Inner Mongolia regional plan can be adjusted to “national energy priority development area”, and the state should support the development of new energy and resources in Inner Mongolia.

The influx of funds is a major highlight of the regional revitalization policy. Taking Xinjiang as an example, only the counterpart support of each province and city will bring nearly 13 billion yuan of funds, equivalent to 30% of Xinjiang's local fiscal revenue.

In Anhui, in the first seven months of this year, the investment outside the province increased by 63%, including the additional investment from the pioneers of industrial transfer, and the enterprises that were attracted by relevant policies and settled in Anhui for the first time. Liu Ronghua pointed out that these new investments have greatly enhanced the economic vitality of the Lujiang demonstration area and laid a good foundation for its economic growth in Anhui and even the central region.

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