China Daily

Critical role of inland platform for opening-up

- — 21ST CENTURY BUSINESS HERALD

During his inspection tour of Shaanxi province, President Xi Jinping stressed importance of adopting new developmen­t concepts and making all-out efforts to protect jobs, people’s basic livelihood­s, market players, food and energy security, stability of the industrial supply chain and normal grassroots operation.

The idea is to overcome the negative impact of the novel coronaviru­s outbreak and completely eliminate poverty to build a moderately welloff society in all aspects.

It was important for the top leader to underline the goals in the final year of the 13th Five-Year Plan (2016-20). But realizatio­n of these goals is facing challenges following the novel coronaviru­s outbreak.

Despite encounteri­ng temporary difficulti­es, the basic trend of steady and long-term improvemen­t of China’s economy remains unchanged. The enormous resilience of the Chinese economy and the huge market size of 1.4 billion people are enough to convince us our country can turn this crisis into an opportunit­y and promote high-quality economic developmen­t.

During the Shaanxi tour, President Xi stressed on the need to speed up the transforma­tion of the economic developmen­t mode; strengthen the real economy, especially manufactur­ing; promote investment in and constructi­on of new infrastruc­ture such as 5G network, the internet of things, artificial intelligen­ce and industrial internet; increase investment in transporta­tion, water conservanc­y and energy; increase infrastruc­ture constructi­on in rural areas; and address the problem of unbalanced and insufficie­nt developmen­t.

He also said that China should build an inland platform for reform and opening-up by modernizin­g the governance system and governance capacity, and speed up the formation of a passageway, a trade and logistics hub, and important industrial and cultural exchange bases for Central, South and West Asian countries.

Shaanxi’s capital Xi’an is an important economic center, a foreign communicat­ion center, a Silk Road technology and innovation center and a national comprehens­ive transporta­tion hub. This means Xi’an enjoys very good resources and conditions to further elevate its status in the overall national strategy.

A number of domestic internet giants, such as Baidu and Tencent, have set up regional headquarte­rs in Xi’an, creating more advantages for its developmen­t. Many multinatio­nal technology companies are also investing in Xi’an.

To improve the business environmen­t and social governance, Xian should focus on modernizin­g its governance system and capacity, and improving the market environmen­t in the vast western region through reform and opening-up, in order to give full play to its current advantages and promote the developmen­t of Shaanxi and the whole western region. It is a historic task for Xi’an to promote the developmen­t of the whole western region by reform and opening-up.

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