Economy

The central government has explicitly stated its support for economically powerful provinces to shoulder the burden

2025-12-12   

The Central Economic Work Conference held from December 10th to 11th proposed to "support economically strong provinces to shoulder the heavy burden" when deploying next year's economic work. A major economic province is the "ballast stone" that stabilizes the foundation of China's economy and the "locomotive" that drives economic growth. The Political Bureau meeting of the Central Committee of the Communist Party of China held in July 2022 proposed that "economically powerful provinces should bravely shoulder the heavy burden". The Political Bureau Meeting of the Central Committee of the Communist Party of China held in September 2024, the Central Economic Work Conference held in December 2024, and the "Proposal of the Central Committee of the Communist Party of China on Formulating the 15th Five Year Plan for National Economic and Social Development" all proposed to "support economically powerful provinces to shoulder the heavy burden". The Central Economic Work Conference once again clarified the importance of supporting economically powerful provinces to shoulder the burden, and the significant role of economically powerful provinces in China's economic development is self-evident. In the first three quarters of this year, major economic provinces demonstrated strong development momentum, demonstrating their responsibility to shoulder the burden with practical actions. Economic provinces are key forces supporting the national economy and shoulder the responsibility of stabilizing growth in the overall development of the country. ”Chen Lifen, Director and Researcher of the Market Circulation Research Office at the Market Economy Research Institute of the Development Research Center of the State Council, said that strengthening factor guarantees, encouraging scientific and technological innovation, and exploring the pilot of reform and opening up will help support economically powerful provinces to take the lead, drive various regions to showcase their strengths, and form a joint force. Recently, many regions have successively issued proposals for the "15th Five Year Plan", and economically powerful provinces will continue to play the role of "pillars" and unleash the momentum of "progress" on the basis of "stability". Guangdong proposes to promote leading economic aggregate and leading demonstration of high-quality development; Jiangsu proposed to promote development with steady progress, steady improvement, and steady improvement, and accelerate the development of new quality productive forces; Zhejiang proposed to make decisive progress in the construction of a demonstration zone for common prosperity through high-quality development, and to take the lead in presenting a vivid picture of the basic realization of socialist modernization. Chen Lifen stated that based on its own economic foundation, industrial system, and innovative resources, it will drive economic growth through stable investment, consumption, and exports, ensure smooth industrial and supply chains, and contribute core increment to national economic growth as a major economic province. At the same time, narrowing regional disparities through radiation driven effects, helping to achieve common prosperity, and providing key support for the implementation of major national strategies. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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