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    In recent years, as regions across the country have discussed development, “industrial chain investment promotion” has become a key term. This has been followed by the concepts of “strengthening, supplementing, and extending industrial chains.” Unlike traditional investment promotion methods, industrial chain investment promotion places greater emphasis on the overall layout of industrial chains and the construction of industrial ecosystems. The problem, however, is that some localities simply fill in their so-called industrial chain maps once they’ve assessed their local resources. Regardless of their current stage of development or existing foundation, must they all talk about “filling gaps in the chain”? Without even understanding what projects the local area can actually accommodate, should they strive for a “full industrial chain”? Can these projects actually be implemented? Do they synergize with local industries? Do they truly fill a gap in a specific industrial link?
    Once a year, Shanghai once again enters “CIIE mode.” Investment promotion teams from across the country have long since made meticulous plans for their tasks. Hunan is hosting the Yangtze River Delta Economic and Trade Cooperation Exchange, known as “Shanghai Investment Promotion Week.” Through roundtable discussions with foreign-invested enterprises, industry-specific matchmaking sessions, and multiple investment promotion teams conducting on-site visits to companies, negotiations are taking place around specific projects. Jiangxi is focusing on corporate matchmaking, sharing information on participating exhibitor executives with sub-delegations from 11 prefecture-level cities and the Ganjiang New Area. Leading enterprises in Guangdong will announce orders and cooperation needs and engage in one-on-one exchanges with companies from the Yangtze River Delta.
    Land is the most fundamental element of urban development. When it comes to attracting investment across various regions, projects may come but there are no plots of land available. On one hand, new projects struggle to get off the ground due to a lack of available land; on the other hand, large amounts of land that has been approved but not supplied, as well as idle and underutilized land, lie “dormant.” Recently, Hunan issued the “Several Measures to Support the Revitalization and Efficiency Enhancement of Existing Land to Promote High-Quality Development.” This is the first policy on revitalizing existing land issued in the name of the Provincial Government General Office, comprising 18 measures and 40 specific policy points, valid for five years. As new land becomes increasingly scarce, how to reawaken these “dormant assets” has become a challenge for many localities in their investment promotion efforts.
    With the year-end performance review approaching, are there still gaps in your project targets? Investment promotion managers need to go over the leads they have on hand once more: leads from field visits, trade shows, and projects brought back by overseas task forces. There are also companies referred by business associations and resources promoted through industry-academia-research collaborations at universities. Do these companies have investment needs? Do the projects meet local requirements? What is the progress of their investment plans? How can you connect with the project leads? The key is to screen the leads generated from corporate investment inquiries to identify projects worth pursuing.
    Yesterday, the “Opinions on Developing New-Quality Productive Forces” were officially released. The document outlines 19 key measures across five areas: scientific and technological innovation, industrial innovation, innovation in development models, innovation in institutional mechanisms, and innovation in talent development mechanisms. This document charts a clear course of action for developing new-quality productive forces and establishes a unified framework for thought and action. It is worth noting that the National Development and Reform Commission (NDRC) specifically emphasized that it is strictly prohibited to engage in predatory investment promotion, blindly “follow the trend” in launching projects, or recklessly “burn through funds” under the guise of developing new-quality productive forces, ensuring that efforts do not veer off course, become overly aggressive, or lead to the formation of bubbles.
    Attracting investment has been, and remains, a key driver of local economic development. The central government has made this point very clear. In June 2026, at a joint session of the Standing Committee of the National People’s Congress, the National Development and Reform Commission (NDRC) explicitly stated that attracting investment is a vital means for local economic development.The upcoming changes will not center on “whether to attract investment,” but rather on deep-seated reforms regarding “how to attract it, what to attract, and how to evaluate it.” From the 15th Five-Year Plan to the blueprint for building a unified national market, and from the target ranges outlined in the Government Work Report to the comprehensive performance evaluation system for high-quality development, the policy signals are already very clear: the focus of performance evaluations is shifting from quantitative accumulation to
    As the consolidation and restructuring of development zones continues, their “golden age” has come to an end. Looking back, the problems have centered on excessive numbers, overly large areas, and insufficient investment. This year in particular, adjustments to development zones in many regions have entered a substantive phase. In July, the Ministry of Commerce announced that five economic and technological development zones, which ranked at the bottom in performance evaluations, would be removed from the list of national-level economic and technological development zones. Liaoning’s provincial-level economic and technological development zones were reduced from 92 to 43; Shanxi “delisted” eight provincial-level economic and technological development zones… Behind this wave of closures and mergers lies a re-examination of the past expansion model of these development zones.
    The business environment is becoming increasingly important for regional economic development. It is widely recognized that it is both a driver of productivity and a source of competitiveness. When discussing the business environment, the most common topics revolve around a few sets of figures: which approval documents have been eliminated, by how much processing times have been reduced, and how many procedures can now be completed in a single visit. While these are certainly important, a good business environment has never been limited to just these factors. Once a project is up and running, can the factory facilities be used? Is there sufficient power supply? Are there platforms available for R&D? And can the products find customers?
    The All-China Federation of Industry and Commerce released the “2026 Top 500 Private Enterprises in China” list. The 500 companies generated a combined revenue of 44.9 trillion yuan, roughly equivalent to one-third of the country’s GDP in 2025. A decade ago, real estate companies dominated the Top 500 private enterprises list. Wanda and Vanke consistently ranked among the top ten, but looking at the latest 2026 list, not a single pure-play real estate company appears in the top ten. In just ten short years, real estate has gone from being a golden industry sought after by everyone to completely exiting the core arena of the private economy.
    Inside the venue, as people exchanged remarks, the conversation gradually picked up. When investment promoters met colleagues from the same industry, they discussed the sectors and projects they were each focusing on. Companies seeking investment were also present, allowing the promoters to hear their investment plans firsthand. Everyone also pulled out their phones, downloaded User Link, and tried using it to search for projects and send messages. Whether at the registration desk, between seats, or in the Investment Network product experience area, interaction and communication never ceased. On September 17, the Investment Network’s “Evolution: Adapting with Resilience” closed-door exchange meeting concluded in Shenzhen. Here, investment professionals discussed challenges, spoke candidly, and banded together to find ways to break through the impasse.
    In early September, the winds along the Yangtze River set the layered forests ablaze with color, while the Tibetan Plateau is bathed in clear skies and light clouds. A 2026 Lhasa Digital Economy Investment Promotion Conference, themed “Jiangsu-Lhasa Collaboration: Digital Revitalization of Tibet,” will be held on September 22 in Nanjing, Jiangsu Province. This is not merely a city promotion event, but a mutual endeavor between Jiangsu and Lhasa to deepen industrial collaboration and jointly advance the digital economy. The conference is hosted by the Lhasa Municipal People’s Government and the Jiangsu Provincial Front-line Command Center for Targeted Assistance to Lhasa, Tibet, and organized by the Lhasa High-Tech Zone (Liwu New District) Management Committee, the Lhasa Municipal Investment Promotion Bureau, and the Lhasa Municipal Bureau of Economy and Information Technology.
    “The debt was incurred by previous administrations—why should I be the one to pay it back?” This was one of six typical cases of hidden debt reported last week by the Central Commission for Discipline Inspection. It is worth noting that in recent years, such cases have mostly been reported by the Ministry of Finance. This time, however, the General Office of the Central Commission for Discipline Inspection and the General Office of the Ministry of Finance issued the report jointly. Illegal borrowing and falsifying debt resolution figures are not merely economic issues; they are also political and disciplinary issues. The six cases involve Guizhou, Shaanxi, Jiangxi, Sichuan, Anhui, and Ningxia. Several Party and government leaders at the prefecture and city levels, as well as heads of government departments, development zones, and platform companies, have been held accountable. The crackdown on local government hidden debt and the pursuit of accountability have now fully entered a phase
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