Central economic work conference: vigorously develop digital economy and increase investment in new infrastructure

The central economic work conference was held in Beijing from December 16 to 18. The meeting pointed out that we should adhere to the strategic basis of expanding domestic demand. The formation of a strong domestic market is an important support for the construction of a new development pattern, and effective institutional arrangements must be made in reasonably guiding consumption, saving and investment. The most fundamental way to expand consumption is to promote employment, improve social security, optimize the structure of income distribution, expand the middle-income groups, and promote common prosperity. We should combine expanding consumption with improving people's quality of life. In order to fully tap the consumption potential of counties and townships, some administrative restrictions on consumption should be cancelled in an orderly manner. We should improve the vocational and technical education system to achieve more full and high-quality employment. We should increase public consumption reasonably and improve the efficiency of public services such as education, medical care, pension and child care. We should enhance the stamina of investment growth and continue to play a key role. We should give full play to the guiding and prying role of investment within the central budget in areas with strong spillover and high social benefits. Stimulate the investment vitality of the whole society. We should vigorously develop the digital economy and increase investment in new infrastructure. We should expand investment in equipment renovation and technological transformation in the manufacturing industry. We should carry out urban renewal, promote the transformation of old urban residential areas, and build a modern logistics system. We should strengthen unified planning and macro guidance, make overall plans for industrial layout, and avoid redundant construction of emerging industries.