Home » Liu He: Financial institutions should increase financial credit support for manufacturing enterprises to ensure reasonable capital needs of enterprises

Liu He: Financial institutions should increase financial credit support for manufacturing enterprises to ensure reasonable capital needs of enterprises

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The 2021 World Manufacturing Conference opened on November 19 in Hefei, Anhui. Liu He, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, delivered a written speech.

Liu He said that General Secretary Xi Jinping attaches great importance to the development of the manufacturing industry, pointing out that the manufacturing industry is the foundation of a country and the foundation of a strong country, and it is necessary to accelerate the development of the manufacturing industry to digitalization, networking and intelligence. It must be deeply studied and understood, and conscientiously implemented.

Liu He pointed out that the manufacturing industry is the “ballast stone” of the economies of major countries and is essential for promoting economic growth and improving the quality of employment. my country is undergoing a profound transformation of the economic development model. The basis for high-quality development is a higher-level and more competitive manufacturing industry. We must continue to enhance industrial competitiveness, increase labor productivity, and maintain a reasonable proportion of manufacturing and producer services. All localities and departments must effectively solve current practical problems for manufacturing enterprises. Financial institutions should increase financial credit support for manufacturing enterprises to ensure their reasonable capital needs.

Liu He emphasized that innovation is the key to the high-quality development of the manufacturing industry. It is necessary to strengthen the dominant position of enterprise innovation, create a good innovation environment for enterprises, explore the new model of “enterprise questions and scientific research institutions answer questions”, optimize the national laboratory system, make good use of various national innovation bases, guide and help enterprises focus on their main business, Dare to innovate and continuously improve core competitiveness. Openness and cooperation are inevitable requirements for innovation-driven development. Countries should join hands to jointly maintain the smooth flow of the supply chain innovation chain. The Chinese government will continue to firmly promote high-level opening up, treat domestic and foreign companies equally, and welcome entrepreneurs from all over the world to share China’s ultra-large-scale market opportunities.

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