Professor Li Shanmin: Guangdong Effectively Implements the New Development Concept and Promotes High-quality Economic Development
On the morning of November 30th, the seminar on Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era?jointly organized by the Economic Daily and the Propaganda Department of Guangdong Provincial Party Committee was held in Shenzhen. Professor Li Shanmin of the School of Business, Vice President of Sun Yat-sen University, said in his keynote speech titled "The Practice of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era in Guangdong" at the seminar.
Statistics show that since the 18th National Congress of the Communist Party of China, Guangdong's GDP has grown from 5.7 trillion yuan in 2012 to 9.7 trillion yuan in 2018, ranking first in the country in GDP for 30 consecutive years.
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After analyzing the achievements of Guangdong's practice, Professor Li Shanmin summed up four main reasons.
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First, Guangdong earnestly implements?the new development concept, adheres?to supply-side structural reform, and promotes?high-quality economic development.?Guangdong Province vigorously promotes?supply-side structural reform, strengthens?institutional supply and policy innovation, and introduces?a series of policy measures to further increase support for the development of the real economy, thus greatly improving the business environment.
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Second, Guangdong is committed to comprehensively deepening reform, thoroughly implementing innovation-driven strategies, and focusing on building a modern economic system. Guangdong puts emphasis on the real economy based on manufacturing industry for economic development.
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Third, to build a new pattern of comprehensive opening up of Guangdong to the world, to make every effort for building the Guangdong-Hong Kong-Macao Greater Bay Area, and to deepen the institutional innovation of the Guangdong Pilot Free Trade Zone. Guangdong promotes the construction of the Guangdong-Hong Kong-Macao Greater Bay Area with high standards, further advances the reform and innovation of the Guangdong Pilot Free Trade Zone, and creates an important support area for the "Belt and Road" construction.
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Fourth, to create a social governance pattern featuring joint construction, shared governance and shared benefits, and focus on primary party building and community governance systems to create a business environment ruled by the law. Guangdong promotes the construction of demonstration zones for legal construction of socialism with Chinese characteristics, takes the lead in establishing a demonstration of social credit system construction in the Pilot Free Trade Zone to create a fair and just market environment.