Group 1 - The central political bureau meeting emphasized the need to regulate local investment attraction practices, addressing existing issues in the sector and promoting the construction of a unified national market [1] - Local governments have relied on improper incentives to attract investments, leading to a competitive environment characterized by low land prices and excessive subsidies, resulting in resource wastage and homogenized competition [1] - The traditional model of "subsidy competition" is being challenged by the implementation of the "Fair Competition Review Regulations," prompting local governments to rethink their development strategies [1] Group 2 - A shift from "policy lowland" to "reform highland" is necessary, focusing on systematic reforms to reshape the core of investment attraction [2] - Local governments should abandon the mindset of indiscriminately chasing hot industries and instead focus on their own industrial foundations and resource endowments to find precise positioning in differentiated competition [2] - Emphasis should be placed on service quality rather than subsidies, with efficient government services and a stable market environment encouraging businesses to settle and operate confidently [2] Group 3 - Regulating investment attraction practices will help localities focus on optimizing the business environment and enhancing service efficiency, leading to a shift from policy dependence to capability competition [3] - On a national level, this regulation will help break down local protectionism and market segmentation, facilitating the efficient flow of resources across the country and supporting the construction of a unified national market [3] - Localities are encouraged to understand the central government's intentions deeply and to promote fair competition through regulated investment attraction while leveraging their unique advantages for healthy economic development [3]
金观平:切实规范地方招商引资行为
Jing Ji Ri Bao·2025-08-07 00:02