Core Insights - Jiangsu's economy has shown resilience in the first half of the year, with a 5% year-on-year growth in total retail sales and a 5.2% increase in foreign trade import and export value, indicating a strong synergy between domestic and foreign demand [1] Group 1: Supply Quality Enhancement - Improving supply quality is fundamental to balancing domestic and foreign demand, as market competition is essentially a competition of value [2] - The development of new productive forces is key to enhancing supply quality, with a focus on transforming technological achievements into productive forces [2] - The robot industry in Jiangsu has over 1,000 related enterprises, generating approximately 90 billion yuan in revenue in the first half of the year, reflecting an 11% year-on-year growth [2] Group 2: Development Support Mechanisms - Strengthening development mechanisms is crucial for facilitating the circulation of domestic and foreign demand [3] - The "Su Chao" initiative has promoted deep integration of culture, tourism, and commerce, injecting vitality into the consumption market [3] - Major projects are essential for connecting supply and demand, with Jiangsu exceeding its mid-year targets for project quantity, quality, and effectiveness, thereby supporting both domestic and foreign demand [3] Group 3: Policy Coordination - Coordinated policy efforts are essential for addressing systemic issues in economic operations, as single policies may not effectively tackle complex challenges [4] - Jiangsu has implemented a series of precise and efficient policies, including trade stability measures and employment support, to boost market confidence [4] - Continuous efforts are needed to stimulate domestic demand and stabilize foreign trade, including consumer subsidies and enhancing residents' income [4]