Core Viewpoint - Local governments have relied on investment attraction as a key strategy for economic development, but increasing competition has led to unfair practices and financial burdens, prompting a need for regulatory reform to ensure fair competition and a unified national market [1][2]. Group 1: Investment Attraction Practices - Traditional methods of investment attraction, such as land concessions and tax rebates, have led to unsustainable practices that deviate from the original intent of attracting businesses [2]. - The implementation of the "Fair Competition Review Regulations" in August 2024 marks a legal end to certain competitive practices, although some localities continue to find loopholes [2]. - There is a trend of "blindly seeking scale" in investment attraction, resulting in redundant construction and misallocation of resources [4]. Group 2: Economic and Competitive Pressures - Local governments face significant pressure from performance evaluations and fiscal constraints, leading to aggressive competition for investment [7][10]. - The relationship between government performance metrics and business success creates a "performance race" that can distort investment strategies [7]. - Some regions still cling to outdated investment attraction concepts, failing to adapt to the requirements of a unified national market [9]. Group 3: Policy and Structural Changes - There is a need for local governments to shift their focus from merely offering incentives to providing comprehensive services that meet the needs of businesses [12][13]. - Policies should be carefully crafted to promote fair competition without harming market dynamics, emphasizing the importance of regulatory frameworks [14]. - Collaborative efforts between regions can create new opportunities for shared economic benefits, as demonstrated by cross-regional projects [15]. Group 4: Long-term Transformation - The transition away from aggressive, unsustainable investment practices is expected to be a lengthy process, but it is essential for the establishment of a unified national market [16].
招商靠“内卷” 不如练内功
Jing Ji Ri Bao·2025-12-10 22:53