Hunan provincial party secretary Shen Xiaoming chaired a June 16 planning
meeting on industrial development and major project construction, directing the
province to plan for future industries, solidify advantaged sectors and upgrade
traditional industries to expand industrial capacity. He called for long-term
strategic patience and a determined effort to tackle difficulties, better
situational and trend analysis to support policy decisions, and fuller use of
universities and research institutes to drive industrial innovation. The
province will push for return of Hunan entrepreneurs, raise the quality and
efficiency of government investment funds, and pursue a dual stock-and-flow
approach—spatially prioritizing activation of existing assets while
strengthening incremental industrial capacity—to lift economic quality and
achieve reasonable scale growth.
