Core Points - The State Council approved a pilot program for market-oriented allocation of factors in Zhengzhou and nine other regions, aiming for high-quality and high-standard reforms [1] - The Henan provincial government released a comprehensive work plan with 70 specific measures to eliminate barriers to the free flow and efficient allocation of factors [1] Group 1: Technological Innovation - The plan emphasizes the importance of technological factors in driving innovation and proposes reforms for the management of scientific achievements in universities and research institutions [2] - It aims to establish a resource pool for scientific achievements and promote the transformation of these achievements to benefit small and medium-sized enterprises [2][3] - The plan includes the construction of over 30 concept verification centers and pilot bases in key sectors such as high-end equipment and biomedicine [2] Group 2: Land Resource Allocation - The plan seeks to improve the efficiency of land use for industrial development by implementing standardized land transfer and ensuring immediate project initiation upon land acquisition [4] - It proposes measures to revitalize existing land resources and establish a unified market for construction land, allowing rural collective land to enter the market [4] Group 3: Talent Attraction and Management - The plan aims to relax household registration conditions to facilitate the settlement of agricultural migrants and other residents in Zhengzhou [5] - It includes initiatives to enhance the mobility of labor and talent, improve evaluation systems for technical skills, and establish a digital platform for skill talent [5][6] Group 4: Data and Computing Infrastructure - The plan outlines the establishment of a comprehensive data registration and trading system, promoting the use of artificial intelligence and other new technologies [7] - It aims to build advanced computing infrastructure, including a national supercomputing center in Zhengzhou, to support various sectors [7] Group 5: Financial Services for Innovation - The plan proposes measures to enhance financial services for the real economy, including the introduction of "technology talent loans" and the establishment of a scoring system for technology talent [8][9] - It aims to stimulate capital market activity and support the development of various financial products to facilitate direct financing for enterprises [8] Group 6: Resource Market Mechanisms - The plan emphasizes the need to improve market mechanisms for resource allocation, particularly in the electricity and water sectors, to support economic and environmental sustainability [10] - It includes initiatives to participate in national carbon trading and promote market-based water rights trading [10] Group 7: Advanced Production Factors - The plan focuses on the innovative allocation of production factors in emerging sectors such as artificial intelligence and low-altitude economy, aiming to enhance service sector reforms [11] - It proposes the establishment of a comprehensive analysis system for various production factors to facilitate better decision-making and resource allocation [11]

Core Viewpoint - The State Council has approved a comprehensive reform pilot for market-oriented allocation of factors in Zhengzhou and nine other regions, aiming to enhance the quality and efficiency of resource allocation through 70 specific measures outlined in the reform plan [1] Group 1: Technological Innovation and Market Development - The reform plan emphasizes the importance of technological factors in driving innovation and proposes reforms in the management of scientific achievements in universities and research institutions [2] - It aims to establish a resource library for scientific achievements and promote the transformation of these achievements to support small and medium-sized enterprises [2] - The plan includes the construction of 30 concept verification centers and pilot bases in high-end equipment, new materials, and biomedicine [2] Group 2: Land Resource Optimization - The plan seeks to improve the efficiency of industrial land use by implementing standardized land transfer and ensuring immediate project commencement upon land acquisition [4] - It proposes measures to revitalize existing land resources and establish a unified urban-rural construction land market [4] - The plan includes policies to support the transformation of old industrial areas into cultural industries [4] Group 3: Talent Attraction and Management - The reform plan aims to relax household registration conditions to facilitate the settlement of agricultural migrants and other residents in Zhengzhou [5] - It proposes the establishment of a digital ecosystem for skilled talent and the development of a talent evaluation system linked to public services [6] - The plan includes initiatives to attract high-end talent and support innovation and entrepreneurship through various programs [6] Group 4: Data and Computing Infrastructure - The plan outlines the establishment of a comprehensive data registration and trading system, along with a national supercomputing center in Zhengzhou [7] - It aims to create benchmark data application scenarios in key sectors such as transportation, healthcare, and education [7] - The plan emphasizes the importance of data asset evaluation and the development of a data-driven economy [7] Group 5: Financial Services for Innovation - The reform plan introduces "Technology Talent Loans" to provide comprehensive financial services for technology-driven enterprises [8][9] - It aims to enhance the capital market's vitality and support the development of various financial products for small and medium-sized enterprises [8] - The plan includes measures to increase the proportion of RMB settlements in foreign trade [9] Group 6: Resource Market Mechanisms - The plan proposes improvements to the market mechanisms for resource allocation, particularly in the electricity and water sectors [10] - It emphasizes the need for a green trading mechanism and participation in national carbon trading [10] - The plan aims to facilitate market-oriented water rights trading to support industrial development [10] Group 7: Advanced Production Factors - The reform plan focuses on the innovative allocation of production factors in emerging industries such as healthcare, artificial intelligence, and low-altitude economy [11] - It aims to establish a comprehensive analysis system for various production factors to enhance decision-making and resource allocation [11] - The plan includes measures to ensure fair distribution of benefits from land use changes to various stakeholders [11]