Jinan plans 1,301 projects to seek breakthroughs in 10 aspects

Jinan released a three-year (2023-25) action plan on Jan 28, aiming to transform old growth drivers into new ones and promote green, low-carbon and high-quality development.

The action plan clarified 1,301 key projects with over 2.4 trillion yuan ($353.83 billion) in investments for the following three years, and 545 of them will begin in 2023.

According to the action plan, Jinan will step up its efforts to take the lead in 10 aspects.

In terms of scientific and technological innovation, Jinan plans to build incubators for sci-tech platforms, strengthen core technologies, and gather high-end talents. The city aims to attract over 3 million talents by 2025.

In terms of transforming old-new growth drivers, Jinan aims to form an industrial community of integrated circuits, new energy vehicles, aerospace information and other industries by the end of 2025. It also plans to speed up the development of the digital economy, optimize industrial parks, boost the modern services sector, and improve financial services.

Jinan planned 267 key projects based on expanding domestic demands, expanding investment and consumption, maintaining healthy growth in the real estate industry, and implementing urban renewal policies.

As a major city in the Yellow River Basin, Jinan is also focusing on ecological protection and new energy system completion. For example, to promote green and low-carbon production and life styles, Jinan aims to increase the number of new energy vehicles to over 150,000 by 2025.

As a provincial capital city, Jinan has also set the goal of increasing its permanent population to 10 million and its GDP to 1.5 trillion yuan by 2025, as well as developing modern transportation construction and new-type urbanization.

To achieve breakthroughs in rural vitalization, Jinan plans to improve its grain production capacity, develop characteristic industries, and promote village construction.

Reform and opening-up are also key areas for Jinan to be home to over 15 enterprises with revenues of more than 10 billion yuan and increase the actual foreign investment to around $3.5 billion by 2025.

Jinan is also aiming to beef up efforts to promote cultural confidence and self-improvement, having planned 48 key projects including protection and inheritance of poetry culture, and building an archaeological site park.

Jinan's action plan also includes 210 key projects for improving people's wellbeing, which cover aspects of promoting high-quality employment, high-quality education, the social security system and the elderly care service system.

Jinan plans to balance development and security by taking measures like the comprehensive management of public security.



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