Shanghai Mayor Gong Zheng: We must thoroughly implement the special action to boost consumption, and accelerate the construction of an international consumption center city.
Gong Zheng, Deputy Secretary of the Shanghai Municipal Party Committee and Mayor, said that Shanghai should focus on promoting high-quality development, strive for truth and pragmatism, and ensure a good start for the "15th Five-Year Plan". First of all, it is necessary to focus on expanding domestic demand, which is the strategic support for Shanghai to promote high-quality development. Shanghai needs to enhance the role of domestic demand, strive to promote qualitative and effective improvement and reasonable growth in the economy, and shoulder the responsibility for national development. Consumption is the sustainable driving force for economic growth. Shanghai should deepen the implementation of the consumer stimulus special action, accelerate the construction of an international consumer center city, expand and upgrade commodity consumption, actively create new scenarios for service consumption, and continue to amplify the integration effect of culture, commerce, tourism, and exhibitions. Expanding effective investment is an important means to stabilize growth and promote development. Shanghai should promote "two major" construction with high quality, further stimulate the vitality of private investment, and tilt investment towards fields such as technological innovation, industrial upgrading, urban renewal, and social security.
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