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Goals Set for Business Economy Development of the Twelfth Five-year Plan

Goals Set for Business Economy Development of the Twelfth Five-year Plan

Write: Salihah [2011-05-20]
Business economy work conference was held by Changchun Municipal People s Government on January 26 and goals for business economy development of Changchun City during the Twelfth Five-year Plan period were established: The actual utilization of foreign capital to reach $ 5.4 billion, and that of domestic capital to reach RMB 101.5 billion; RMB 270 billion is to be realized in total retail sales of social consumer goods, and $ 21.2 billion is to be accomplished in export and import value. Municipal leaders Fang Shuguang, Teng Jiacai and Wang Zhanshi were present at the conference.
During the Twelfth Five-year Plan period, business economy in Changchun City will persist in laying emphasis on advanced manufacturing, modern service and new strategic industries, and by innovating investment attracting concepts, introduce major projects and big strategic investors actively; persist in taking consumption expansion and circulation invigoration as the core, to accelerate infrastructure construction of commodity circulation and the development of modern service and make both urban and rural markets fully prosper; persist in developing international market, promoting the construction of export base and further expanding import and export volume, to realize the scientific, fast and initiative development of business economy.

In order to bring about a good start to the Twelfth Five-year Plan , commercial circle of Changchun City will innovate investment attraction modes continuously and organize 65 activities for investment attraction & trade at home and abroad to improve the scale and quality of investment attraction. It will ensure the construction of 20 complex projects and 20 regional wholesale markets and set up 5 model business communities, 30 green breakfast outlets and over 200 countryside stores to establish and improve trade and circulation system, thus promote the common prosperity of both urban and rural markets.

It will also cultivate a batch of import and export foreign trade companies of medium or small size, optimize export products structure and increase the stimulating effect of foreign trade growth on the economy.