Anhui provincial government issued Opinions on Promoting the Stable and Sound Economic Development to deepen supply-side structural reform and prevent systematic financial risks, according to a press conference held yesterday.
The document calls for supportive policies and measures to advance supply-side structural reform and promote real economy. Efforts will be made to continue to cut excessive capacity, promote the healthy development of the real estate market, lower leverage rations in enterprises, reduce costs, smooth financial channels in real economy and progress supply-side structural reform of agriculture.
The comprehensive innovation reform trial shall be implemented in a systematic way to upgrade the industries to middle and high level. A total of 10 billion yuan will be invested to support the construction of major emerging industry bases, projects and special programs, powerful manufacturing province and other programs.
More efforts will be made to enhance the construction of modern infrastructure system.
Preferential policies are encouraged to be introduced to make Anhui an ideal inland province for opening up.
The document also requires to prevent government debt risks and financial risks.