Multiple regions release new signals of development during the first meeting of the Chinese New Year
2026-02-25
On February 24th, the first working day after the Spring Festival of the Year of the Horse, several provinces including Guangdong, Shandong, Hubei, and Hunan held the "First New Year's Conference", focusing on themes such as industrial development, technological innovation, and vitality of business entities, sounding the horn of charge for the first year of the "15th Five Year Plan". The real economy is the foundation of a great country and an important support for building future development strategic advantages. The "first meeting of the Chinese New Year" in many places sends a strong signal of adhering to the real economy as the foundation and fully building a modern industrial system. On February 24th, Guangdong Province held a provincial conference on high-quality development, focusing on the "coordinated development of manufacturing and service industries", proposing to "achieve industrial development from large to strong in the coordination of the two industries, and achieve a modern industrial system that is integrated and mutually beneficial, coupled and symbiotic". Guangdong is a major manufacturing and service province. Vigorously promoting the coordinated development of manufacturing and service industries is an important means for Guangdong to advance the manufacturing industry towards the high-end of the value chain. Last year, Guangdong Province issued the "Several Measures to Promote the Deep Integration and Development of Manufacturing Industry and Productive Service Industry", proposing to accelerate the innovative development of service-oriented manufacturing, promote the transformation of manufacturing industry from solely manufacturing oriented to "manufacturing+service", and shift from simply selling products to selling "product+service". The 2026 Guangdong Provincial Government Work Report also proposes to promote the servitization of manufacturing and the manufacturing of service industries, and to promote and support the optimization and upgrading of the entire industrial system through the upgrading of the service industry. On the day of the "First Party of the Chinese New Year", the Development and Reform Commission of Guangdong Province released the "White Paper on the Coordinated Development of Manufacturing and Service Industries in Guangdong Province", further proposing ten key areas for promoting the coordinated development of technology services, design services, software information services, quality brand services, energy conservation and environmental protection services, and other industries with the manufacturing industry. Shandong Province has been implementing the "number one project" of industrial economy for many consecutive years. By 2025, the revenue of large-scale industries in Shandong Province will reach 12.2 trillion yuan, ranking third in the country; The added value of industrial enterprises above designated size increased by 7.6%, 1.7 percentage points higher than the national average. Industry contributes 45% to the GDP of Shandong Province, with 18 major categories of manufacturing industries ranking among the top five in the country in terms of revenue. By 2025, Shandong will contribute half of the country's high-speed trains, one-third of commercial vehicles, and nearly a quarter of its chemical output value. The reporter learned from the first meeting of the Chinese New Year in Shandong Province that this year, Shandong Province will make every effort to promote "artificial intelligence+manufacturing" while ensuring stable growth of the industrial economy. More than 40% of the technological transformation funds will be invested in intelligent transformation projects, creating 10 pioneer application cities, strengthening 100 vertical industry models, achieving full coverage of 41 industrial categories, and striving for core industry revenue to exceed 160 billion yuan. At the "New Year's First Party" event in Hubei Province, multiple Hubei made electric vertical takeoff and landing vehicles (eVTOLs) made their debut, showcasing a series of landmark achievements in Hubei Province's independent research and development in the field of low altitude economy and striving for new strength. Low altitude economy is one of the 12 emerging characteristic industries in Hubei province. Data shows that by 2025, emerging industries in Hubei will accelerate their rise, with high-tech manufacturing accounting for 17.4% of added value and contributing 35.6% to industrial growth. At the first meeting of the Chinese New Year, Hubei Province focused on accelerating the construction of an important strategic pivot for the rise of the central region, and proposed to achieve new breakthroughs in building a modern industrial system. Efforts will be made to highlight the empowerment of science and technology innovation, strengthen national laboratories, Hubei laboratories, major science and technology infrastructure and other science and technology innovation platforms, and promote the deep integration of science and technology innovation and industrial innovation; Continuously extending and strengthening the supply chain, creating a trillion level industrial corridor for optoelectronic information, new energy and intelligent connected vehicles, new energy and new materials, life and health, high-end equipment, and striving to create a number of national level industrial clusters. Enterprises are the cellular units of the industrial system, with strong vitality and functionality, which enables the industrial tree to metabolize and grow faster. While promoting technological innovation and industrial development, the vitality of enterprises and the business environment have become key words on the "first meeting of the Chinese New Year" in many places. Focus on cultivating ecological leading "leading goose" enterprises, support leading enterprises and chain owners to form industry alliances, and strive to become all-round champions in providing "manufacturing+service" overall solutions; Carefully cultivating hub type "platform" enterprises, supporting enterprises to enhance resource allocation, channel control, and production coordination capabilities... Around the synergy between the two industries, Guangdong Province has proposed a series of measures to activate the micro cells of business entities. Hunan Province's "New Year's Day" focuses on the private economy and deploys the "Enterprise Service Year" action. In 2025, the "Regulations on Optimizing the Business Environment in Hunan Province" will be officially implemented, using legal and administrative means to protect the legitimate rights and interests of enterprises, regulate government behavior, and build a legal bottom line for the development of the private economy. This year, Hunan Province has explicitly proposed the implementation of the "Enterprise Service Year" action, continuously deepening the reform of the business environment, and accurately matching the needs of enterprises. (New Society)
Edit:何川宁 Responsible editor:苏穗越
Source:Economic Information Daily
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