LINE

    Text:AAAPrint
    Economy

    Xi made Yiwu an example of pioneering reform

    2024-07-29 08:48:43China Daily Editor : Mo Honge ECNS App Download

    "Please put on a bigger piece of clothing for a fast-growing child," Xi Jinping used the metaphor to initiate a reform in Zhejiang province nearly 20 years ago. 

    Yiwu, now a famous production hub for small commodities and a growing global trade hub in East China's Zhejiang province, faced growth problems in the early 2000s as it led the country in pioneering opening-up.

    President Xi Jinping greets the public at the Yiwu International Trade Market during an inspection tour to the city of Jinhua, Zhejiang province, on Sept 20, 2023. (Photo/Xinhua)

    Embracing unprecedented development opportunities, Yiwu's administration capabilities as a county-level city lagged behind the pace of its economic and social development. From 2002 to 2007, Xi Jinping, the then secretary of the CPC Zhejiang Provincial Committee, made over 10 fact-finding trips to Yiwu to remove the existing shackles through reforms.

    The "diagnosis" to address this situation in the city is just like "a fast-growing child wearing unsuitable clothes", Xi said, using the metaphor. Xi gave instructions in November 2005 to remove institutional bottlenecks holding its private economy back from fast growth, with the bottlenecks varying from finance, registration for enterprises engaged in foreign trade to tax policies.

    A year later, the Zhejiang provincial government issued guidelines on piloting local government administration reforms, enabling Yiwu, under the administration of Jinhua, to enjoy a total of 131 authorized items in economic and social management delegated to the county-level government, the first in the country.

    After changing into "bigger clothes", Yiwu registered faster growth. Its GDP rose from 30.01 billion yuan in 2005 to 42.09 billion yuan in 2007, registering an annual 15 percent growth.

    The reforms never halted and kept deepening.

    Today, the outcomes brought by reforms in various public service areas and in various localities of China are a witness to Xi's vision and determination to progress through deepening reforms amid changing conditions, bringing benefits to both market entities and the general public with viable solutions.

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    LINE
    Back to top About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2024 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    [網上傳播視聽節目許可證(0106168)] [京ICP證040655號]
    [京公網安備 11010202009201號] [京ICP備05004340號-1]
    主站蜘蛛池模板: 香河县| 宾阳县| 新宁县| 宜宾市| 霞浦县| 拉萨市| 泊头市| 巩义市| 云龙县| 塔城市| 霍城县| 天峻县| 古交市| 伊金霍洛旗| 双桥区| 盐亭县| 肥城市| 哈尔滨市| 武乡县| 怀安县| 镇巴县| 胶州市| 阜平县| 宜阳县| 清原| 信阳市| 弥勒县| 阳原县| 漳平市| 宿迁市| 丁青县| 泊头市| 濮阳县| 定日县| 塔城市| 布尔津县| 普兰店市| 宁德市| 象山县| 奉化市| 锡林郭勒盟|