Jilin identifies six priorities for continued growth in 2010

08:47, January 29, 2010      

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The GDP of northeast China's Jilin province was more than 720 billion yuan in 2009, a year-on-year increase of 13.5 percent. The figures were released at the recent Jilin Economic Work Conference, which highlighted the general economic trends during 2009 and set new economic goals for 2010.

According to the conference, Jilin's overall revenue was 48.7 billion yuan last year, an increase of some 15.2 percent.

Fixed assets and the total retail value of consumer goods were estimated as reaching 725 billion and 293 billion yuan, an increase of 29.3 percent and 18 percent respectively.

According to officials at the conference, the 2009 figures demonstrated that the province had been successful in boosting domestic demand during the last 12 months.

The upturn in the 2009 figures came despite the tough international financial situation, which had squeezed the province's once buoyant export figures.

According to local officials, the policies of the local government played a key part in maintaining the viability of the local government and in ensuring that it did not suffer unduly as part of the downturn.

Over the last 12 months, Jilin has taken a number of steps in order to implement a scientific approach to its future economic development and to raise the standard of living of residents of the province.

According to figures released at the conference, the province's agricultural business has been consolidated through the joint development of horticulture, the livestock industry and other aspects of agriculture.

The government has also made considerable progress in terms of optimizing the province's industrial structure. Significant progress has been made in the reduction of emissions and in a number of energy saving initiatives.

A number of privately owned businesses and the service sector also witnessed significant developments during the year, both of which contributed to the 13.5 percent growth in GDP.

Higher targets

The conference identified six major priorities for 2010 in order to further develop the local economy.

Increased emphasis should be placed on innovation, which is believed to be the key aspect of the country's reform and opening-up policy, as well as being essential to enhancing future economic developments.

Importance should be attached to expanding domestic demand and increasing exports so as to underpin future sustainable economic development.

Local government should implement central government's macro-control policy and rely on the joint functions of investment, consumption and export to stimulate the economy.

Alongside these initiatives, the province should continue its efforts to expand domestic demand and attract more investment in a bid to establish a solid foundation for the local economy.

The conference also emphasized the need for broadening the existing financial channels, especially those geared to attracting investment from outside the province.

Provincial officials also undertook to secure more investment and look at means of boosting consumption as effective tools for reversing the impact on shrinking exports.

Further refinements to the existing economic structure and boosting the innovative capacity of local businesses were also identified as priorities.

The Jilin government also announced its intention to learn lessons from the "anti-driving mechanism" (a system requiring businesses hit by the financial crisis to expand their financial reliance on banks and government bodies) and stated its commitment to upgrading its related industries and enhancing the development of the tertiary industry.

Measures were also announced to encourage energy-saving and emission-cutting whilst raising the standard of industrial production.

As one of the leading provinces in terms of grain production, Jilin will continue to see this as a priority.

Due to its many natural advantages in the agricultural sector, grain production is seen as a core area for future development throughout 2010 and beyond.

The government also undertook to maintain a focus on increasing farmers' income and ensuring that agricultural products remains a focus for development in 2010.

The conference especially emphasized the importance of increasing agricultural productivity and enhancing basic agricultural facilities. .

In a bid to improve production capacity, develop the agricultural infrastructure and accelerate scientific development in the sector, further reform throughout the sector will continue in 2010.

The province will strive to build all its villages into harmonious socialist communities.

It will accelerate its urbanization process and promote balanced and coordinated development in both cities and rural areas.

Changchun and Jilin, as the two leading cities in Jilin province, will be developed still further with economic integration between the two being promoted.

For those counties with a sound economic foundation and considerable potential, more preferential policies will be introduced to nurture them as future economic centers.

The provincial-level government also undertook to work to improve working, living, medical, and educational conditions for residents in both rural and urban areas.

Policies are expected to be introduced in 2010 to confirm the constitutional rights of a number of residents in the rural areas.

In order to achieve this goal, creating more jobs has now been identified as the priority. The government has also pledged itself to establish a social security system to help low-income groups

2010 is the last year of China's 11th Five-Year plan period (2006-10) and is strategically important for both China and Jilin.

Senior provincial officials including Sun Zhengcai, secretary of the Jilin provincial committee of the Communist Party of China and Wang Rulin, vice Party secretary and acting governor, delivered speeches during the event.

Zhu Yanfeng, the acting vice governor, hosted the event and Wang Guofa, chairman of the Jilin provincial committee of the Chinese People's Political Consultative Conference was also present at the conference.

Sun summarized the economic developments over the last year and proposed the overall development strategy for 2010.

Wang stipulated the economic targets for the province for this year, and the necessary measures required to achieve 2010's overall targets.

Source: China Daily
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