East China city to continue focusing on digital innovations

East China's Hangzhou City will continue to drive high-quality development by dint of digital innovations in the second half of 2020, according to Zhou Jiangyong, secretary of the Hangzhou Municipal Committee of Communist Party of China (CPC).

Hangzhou's gross domestic product (GDP) in the first half of this year reached 738.8 billion yuan (about 108.3 U.S. dollars), increasing by 1.5 percent year on year.

Zhou summarized the city's economic achievements in the first half of the year and pointed out the direction for the following endeavor in an interview with China Central Television (CCTV) last Wednesday.

According to Zhou, the steady economic growth in Hangzhou first attributed to advanced preparations. The city already begun to study and prepare for the resumption of work and production in late January after effectively containing the COVID-19 epidemic. It took the lead in orderly resuming work and production in China on February 10th. During that period, a total of 12,000 CPC members and cadres in Hangzhou went straight to the front line to learn about actual situations and listen to real needs to help enterprises solve practical difficulties.

"After extensive investigation, we learned that there existed six major difficulties in fields of logistics transportation, capital turnover, material support, foreign trade export, employment and policy implementation. We have adopted targeted measures to solve these problems and made sure that all actions are aimed at the most pressing needs on the front line," said Zhou.

Digital economy highlights Hangzhou's economic development, which has maintained double-digit growth for 21 consecutive quarters. In the first half of this year, Hangzhou's digital economy still reported a growth rate of 10.5 percent.

"The excellent achievements in Hangzhou's digital economy came from continuous efforts under the guidance of the General Secretary's instructions.We have launched a pioneering online service platform, which streamlines the funding approval process for citizens and enables the application, examination and approval to be operated much more continently and efficiently. Up to now, more than 200 specific micro policies have been implemented on the platform, benefiting more than 270,000 enterprises," said Zhou.

When it came to the work plan for the latter half of 2020, Zhou stated that Hangzhou should take the lead in forming a new development pattern and shoulder responsibilities in carrying out the national strategy for integrated development in the Yangtze River Delta.

"In the second half of the year, we will focus on opening wider to the outside world. Second, we will strive to expand domestic demand. We will take the initiative to integrate into the Yangtze River Delta and align our development endeavors with those of Shanghai Municipality. On top of that, we should adhere to innovation-oriented development. Last but not the least, we need to optimize the business environment," he said.