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Yantai, Shandong: 54 Measures to Boost Economic Growth

Source：Haibao News 11-13-2024 09:00:00

Recently, Yantai City issued several measures to promote the city's economic growth. The document makes detailed arrangements for the implementation of policies and measures introduced at the national level, such as fiscal taxation, monetary finance, investment and consumption, and employment income, to carry out collaborative innovation in 54 items from 10 major aspects, thus amplifying the effect of policy combination.

Fiscal and monetary policy: Local bonds worth 36.222 billion yuan will be used to support the construction of 144 projects. Investment policy: Efforts will be made to facilitate the full completion and operation of Yulong Island and Wanhua New Materials. Consumption promotion policy: Preferential policies will be rolled out for real estate market and vehicle market. Green development policy: None of "nuclear power, wind power, solar power, hydropower and energy storage" will be left behind. Import and export policy: Yantai will strive for financing of 60 billion yuan for leading enterprises in the international supply chain. Service policy: "One-stop services" will be offered for enterprises. Wellbeing and rural policy: "One-click call" will be available for 3,000 elderly solo-dwellers.

In response to these measures, Yantai will, according to the division of responsibilities, enhance coordination and cooperation, strengthen publicity and interpretation, make policies directly reach market entities as soon as possible, and give full play to their role of guidance and incentives.