Governor Mao Urges to Stabilize Economy with Major Projects Construction

2022-09-07

Mao Weiming, deputy secretary of the CPC Hunan Provincial Committee and governor of the People's Government of Hunan Province, inspected a special working group on the coordination mechanism for promoting effective investment in major projects construction on the afternoon of September 6, 2022. He asked to implement the spirit of President Xi Jinping's important instructions of "controlling COVID-19, stabilizing economy, and ensuring safe development"; accelerate the implementation of a series of policies and measures issued by the State Council to stabilize the economy; speed up project construction with high efficiency; and, support the stable and positive economic growth with major projects construction, to make Hunan's contributions to stabilizing Chinese economy.

On the afternoon of September 6, Governor Mao visited the special working group on the coordination mechanism for promoting effective investment in major projects construction and then held a symposium. (Photo/Zhao Chi, Hunan Daily)

Li Dianxun, a member of the Standing Committee of the CPC Hunan Provincial Committee and executive vice governor of the People's Government of Hunan Province, and Deng Qunce, secretary general of the People's Government of Hunan Province, attended.

Governor Mao greeted the staff members of the special working group. (Photo/Zhao Chi, Hunan Daily)

Governor Mao spoke highly of the group's productive efforts. He noted that since the beginning of this year, the whole province has resolutely implemented the decisions and arrangements made by the CPC Central Committee and the State Council; made full use of the policy-based development financial tools to support the major projects construction; and established a provincial coordination mechanism consisting of 21 units for promoting effective investment in important projects. The group has implemented the system of co-working, parallel approval, and heads taking charge, and jointly promoted the work of projects screening, factors guarantee, and investment funding. It has been in solid operation and vigorous promotion for more than a month, and the mechanism has achieved good results. Up to now, 38 projects have been signed in the first round of the national funding, with a funding size of 17.87 billion yuan; and 88 projects have passed the review in the second round of applications, with a total investment of about 170.5 billion yuan and an application fund of 16.6 billion yuan.