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He Lifeng pointed out during a survey in Hebei that efforts should be made to actively expand domestic demand, boost consumption, and better promote high-quality economic development.

iconJun 25, 2025 17:07
Source:SMM

He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, pointed out during his survey in Hebei from the 23rd to the 24th that it is necessary to thoroughly study and implement the important instructions of General Secretary Xi Jinping, conscientiously implement the decisions and arrangements of the CPC Central Committee and the State Council, accelerate the establishment of a unified national market, actively expand domestic demand and boost consumption, accelerate the construction of a new model for real estate development, develop new quality productive forces according to local conditions, and better promote high-quality economic development.

He Lifeng visited Handan and Xingtai successively to conduct on-site surveys on the trade-in of home appliances, as well as the development and sales of real estate, and the development of new energy and new material industries. He gained an in-depth understanding of the economic situation in the first half of the year, the operating conditions of relevant enterprises, and the main challenges they faced. He Lifeng pointed out that since the beginning of this year, China's economy has withstood pressures and maintained a positive trend, with social confidence continuing to be boosted. It is necessary to continuously promote the implementation of the trade-in policy for large durable consumer goods to effectively stabilize market expectations. Relevant cities can, based on their actual situations, aim at greater convenience for the public, organically integrate the trade-in of consumer goods with urban renewal initiatives, and better stimulate consumption potential. It is necessary to continuously consolidate the stable trend of the real estate market, accelerate the construction of a new model for real estate development, and better meet the new expectations of the people for "good housing". Efforts should be made to increase the intensity of promoting stable volume and quality improvement among foreign trade production enterprises, and promote the integrated development of domestic and foreign trade. It is necessary to strictly implement the requirements for strengthening supervision and preventing risks, and effectively prevent and resolve risks of local small and medium-sized financial institutions in an orderly manner. It is necessary to focus on the main business, continuously promote the innovative development of enterprises in high-end equipment manufacturing, intelligent PV, clean energy, new materials, and other sectors, and comprehensively address cut-throat competition. It is necessary to accelerate the transformation and upgrading of economic and technological development zones, focus on improving the professional service capabilities for enterprises within the zones, and develop new quality productive forces according to local conditions.

He Lifeng required that relevant departments and localities should conduct in-depth investigations and studies, actively explore innovations, promptly study and solve practical problems faced by enterprises, effectively respond to the impact of external shocks, and make every effort to achieve the economic work goals and tasks for the first half of the year and the whole year, so as to better promote high-quality economic development.

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