A work symposium was held on Feb 8 in the Wuhan Economic & Technological Development Zone (WEDZ), in which overall government work on economy was summarized and the current economic climate was analyzed.
Specific measures to boost the economy were also announced, involving economic aggregates, industries, scientific and technological innovation, service sectors, market entities, population and talent, and business environment,.
In 2022, the government will revamp its efforts to encourage major enterprises to invest in the zone and give more weight to fixed asset investment. Emerging industrial sectors will be further strengthened to consolidate the zone's edge in the automobile industry. The producer service and consumer service sectors will be given due importance as well.
In addition, the measures include building a financial hub, reinforcing civic infrastructure and supporting living facilities, lowering operational costs for enterprises, accelerating talent inflows, establishing a top-class citizen service center, and deepening reforms on the delegation of power, streamlining procedures and optimizing government services.
