Original title: Jilin Province: Expected GDP growth of around 6% in 2022 will drive more companies to go public Source: Securities Times e Company
On January 24, the “two sessions” of Jilin Province were held, and Han Jun, Governor of Jilin Province, made a report on the work of the Jilin Provincial Government. The report proposes that the main expected goals of the province’s economic and social development in 2022 are: the GDP will increase by about 6%, the grain output will stabilize at more than 80 billion catties under normal years, the investment in fixed assets will increase by about 7%, and the total retail sales of consumer goods An increase of about 6.5%.
Regarding the development of the capital market, Jilin Province proposes to further implement the “Jixiang” plan for the listing of enterprises, seize the opportunity of fully implementing the registration system for stock issuance, and promote the listing of more enterprises.
The recovery speed of industrial investment ranks first in the country
In the work report of the Jilin Provincial Government, the report card for 2021 was released: the GDP of Jilin Province increased by 6.6%, the local fiscal revenue increased by 5.4%, and the growth rate of the per capita disposable income of residents was basically synchronized with the economic growth. In 2021, the construction of major projects such as the New Coronary Pneumonia Vaccine Production Base in Jilin Province and the Songhua River Series Pumped Storage Power Station will start. Major projects such as the Great Ring Road of the Changchun Metropolitan Circle, the Chagan Lake Water Ecological Restoration and Governance Pilot Project, and the Phase II of the Water Diversion in Central Cities have been accelerated. Shenbai high-speed railway started construction. The Baidun high-speed railway was completed and put into operation.Changbai MountainThe scenic area is connected to the national high-speed rail network. Construction of 8 expressways 730 kilometers. The Changbaishan Airport expansion project was completed.
With the smooth implementation of a large number of major projects, the investment in Jilin Province has continued to grow rapidly. Fixed asset investment increased by 11% year-on-year, ranking fourth in the country; industrial investment increased by 11.4% year-on-year, the average growth rate in 2020 and 2021 was 46.1 percentage points higher than that in 2019, and the recovery rate of industrial investment ranked first in the country bit.
As the Beijing Winter Olympics is about to be held, Jilin Province, which is a traditional ice and snow province, has naturally attracted much attention for its achievements in the ice and snow economy. The report shows that in 2021, Jilin Province will accelerate the development of the ice and snow economy in the cold region, hold a series of marketing and promotion activities of “Winter Olympics in Beijing, experience in Jilin”, promote ice and snow sports into campuses, vigorously develop ice and snow tourism, and build 54 ski resorts, 279 The snow track has a maximum daily carrying capacity of 100,000 passengers, and the scale of ski reception is the largest in the country. The attention and sales of ice and snow products in Jilin Province rank first in the national ice and snow market.
The Jilin Provincial Government Work Report put forward that the main expected goals of the province’s economic and social development in 2022 are: the GDP will increase by about 6%, the grain output will stabilize at more than 80 billion catties in normal years, and the investment in fixed assets will increase by about 7%. Total retail sales of consumer goods increased by about 6.5%, local fiscal revenue increased by more than 2%, income growth of urban and rural residents was basically in line with economic growth, 230,000 new urban jobs were created, the surveyed urban unemployment rate was controlled below 6%, and the CPI rose by 3% The energy consumption per unit of GDP will drop by about 3%.
FAW’s 2021 operating income is 707 billion yuan
Changchun City, the capital of Jilin Province, is known as the “Auto City”. It is the earliest automobile industry base in New China and is known as the “Oriental Detroit”.
In the just past 2021, Jilin Province made every effort to build a trillion-dollar modern automobile industry, supported FAW to build a world-class enterprise and Changchun to build a world-class automobile city, and introduced 27 measures to support the development of the automobile industry. FAW Group has taken extraordinary measures to ensure the annual production tasks, and the production schedule is inclined to the province. The annual operating income is 707 billion yuan, ranking second in the national manufacturing enterprises. The provincial-level vehicle output is 2.421 million, accounting for 72.4% of the total, realizing an output value of 455.1 billion yuan. FAW-Audi’s new energy vehicle project made a breakthrough.
In addition, Jilin Province has also launched the “Flag E Spring City, Flag Mobility Jilin” project, and the first batch of Hongqi new energy battery-swapped vehicles have been put into operation. The production of Hongqi brand vehicles reached 319,000 units, an increase of 52.3%. The “Jilin Province Automobile Industry Innovation Day” was established, the FAW-Volkswagen New Technology Development Center was completed,FAW JiefangThe J7 vehicle intelligent factory was completed and put into production. Vigorously promote the return of supporting the automobile industry,Linglong tiresA number of supporting projects such as the first phase were completed and put into operation.
While vigorously building the automobile industry, Jilin Province has also accelerated the construction of a strong pharmaceutical province, enlarged and strengthened 9 major sectors including traditional Chinese medicine, biological medicine, and chemical medicine, and built 130 pharmaceutical industrialization projects of more than 30 million yuan. Build a Chinese medicine science and technology innovation platform, and build 11 provincial-level high-quality authentic medicinal materials science and technology demonstration bases. Vigorously cultivate leading biopharmaceutical enterprises, and accelerate the launch of innovative products into the market. The first phase of Sinopharm’s Changchun New Crown Vaccine Project was completed and put into use in just 95 days, with an annual production capacity of 2.4 billion doses, ranking second in the country. The province’s pharmaceutical and health industry above designated size achieved a total output value of 74.43 billion yuan, an increase of 18.3%.
Promote more companies to go public
Following the realization of 6 new listed and meeting enterprises in Jilin area in 2020, creating the best results since 1998, the Jilin Provincial Government Work Report shows that in 2021, Jilin Province’s “Jilin Enterprise Yintong” financing funds will reach 27 billion Yuan. The “Jixiang” plan for corporate listing was launched, 5 new A-share listed companies were added, and the funds raised from the IPO hit a record high.
In October 2021, the “14th Five-Year Plan for the Development of the Financial Industry in Jilin Province” was officially released, which is also one of the 32 key special plans for the “14th Five-Year Plan” in Jilin Province. The “Planning” clarifies the overall goal of Jilin Province’s financial industry development during the “14th Five-Year Plan” period, and puts forward specific goals. Involving the capital market is: by 2025, strive to quadruple the number of new A-share listed companies, and further expand the scale of direct financing, with a substantial increase in the proportion.
It is worth noting that in the government work report on January 24, Jilin Province did not set a specific target for the number of listed companies in 2022. Jilin Province proposed in the government work report to support Changchun New District to create a national green financial reform pilot zone, and Siping City to apply for a national inclusive financial reform pilot zone. Deepen the reform of rural credit cooperatives, and strictly adhere to the positioning of supporting agriculture and small businesses. Improve the government financing guarantee system, and realize the full coverage of the business county of government guarantee institutions. Deeply implement the “Jixiang” plan for corporate listing, seize the opportunity of fully implementing the stock issuance registration system, and promote more companies to go public.
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Responsible editor: Li Siyang