Two Sessions | New Forest Industry Upgrading, Industrialized Basic Decoration, Green Finance Solutions, Suggestions Submitted by Deputy Guo Xingtian
Accelerate the Promotion of Forest and Forest Product Industries
Upgrade to a New Forest Industry
"The spirit of the 20th National Congress of the Communist Party of China points out the need to fully build a modern socialist country and achieve the second centenary goal. For a better life in China, we must find a path of green and sustainable development; we must achieve harmonious coexistence between humans and nature; and we must leave enough living space for future generations."During the 14th Five-Year Plan period, our national forest coverage target will reach 24.1%, and China has also become the country with the largest increase in forest resources and the largest area of planted forests in the world. However, we are still a country lacking in forest resources. Timber production and reserve forest resources are far from meeting various demands, and timber products are among the few severely short-supplied products. As the world's largest processor and exporter of wood products, China's dependence on foreign timber exceeds 50%, and the supply-demand contradiction will persist for a long time to come.Representative Guo Xingtian believes that we need to rely on domestic resources and leverage multiple forces to improve forest quality and management level; we need to increase the comprehensive utilization and substitution rate of forest resources, promote the coordinated and sustainable supply of quantity and quality of domestic timber products, adapt to the domestic economic cycle focusing on "expanding domestic demand and promoting consumption," ensure green ecological and economic development security, and effectively respond to risks and challenges from international political and economic uncertainties.To this end, he suggests: First, strengthen top-level design and financial support. Formulate and coordinate plans for the mechanization, technological, and digital upgrading of the forest industry and provide financial support to lay the foundation for industrial upgrading. Second, optimize cultivation planning schemes. Plan the selection of tree species in each region according to local conditions and scientific coordination, optimize selection and breeding, and ensure the sustainable and reliable supply of high-quality domestic timber resources in the future. Third, encourage and guide the application of material-saving and wood-substituting technologies. Provide relevant incentive policies for the improvement and expansion of industrialization in the deep processing of forest resources, encourage and guide the large-scale promotion of material-saving and wood-substituting applications, and make full use of forest resources. It is also recommended to set up demonstration pilots to create an economically efficient new forest industry. Fourth, advocate for forest industry enterprises and forest farms to carry out ecological compound operations. It is recommended to combine the promotion of green development and rural revitalization, comprehensively and collaboratively develop forest economy, under-forest economy, tourism economy, and forest health industry, and enhance the environmental dividends of good ecology. Fifth, promote carbon sink trading. It is recommended to promote precise compensation for the value of forest carbon sinks, achieve market-oriented and diversified compensation, and promote carbon sink trading.Industrialization of Basic Decoration
Promote the Fundamental Restructuring of the Home Furnishing Industry
Activate the Domestic Home Renovation Market
"In the process of moving towards the second centenary goal, there is little room left for an export-oriented economy. We must focus on manufacturing for the Chinese people and rely on domestic demand to drive economic development. As major consumer goods such as real estate and automobiles gradually become saturated, it is very necessary and urgent to create a huge domestic demand market.By means of industrialization, digitalization, and greening of basic decoration, we can awaken a dormant market worth tens of trillions, not only meeting the Chinese people's aspirations for a better life, but also allowing enterprises centered around real estate to find new living space and continue to develop even when the real estate market is sluggish."
For Urban Stock Asset Renovation and Operation
Provide Green Financial Support
"After forty years of reform, opening up, and urbanization, Chinese cities have become more beautiful, and home life has improved. However, with about 500 million urban housing units, the operation and maintenance of urban stock assets has become the main mode of operation in the process of achieving the second centenary goal. At present, most mature financial products are designed for the urban development and construction stage. As we enter the stock operation and maintenance stage, finance is not yet ready to provide relevant products for support, so a shift in business operations and supporting measures is needed."The 20th National Congress of the Communist Party of China calls for "accelerating the green transformation of development methods," "promoting high-quality development," and "achieving effective qualitative improvement and reasonable quantitative growth of the economy." At present, China's urbanization rate has reached 64.7%, with more than 800,000 municipal infrastructure facilities across the country. The deep and refined operation of cities is an important battleground for expanding domestic demand, ensuring employment, stabilizing investment, promoting consumption, and building a strong domestic market, as well as a new path for fiscal and tax transformation.Representative Guo Xingtian believes that it is particularly important to conduct scientific and systematic inventory and assessment of stock assets, and to maximize the economic and industrial value of stock assets through operation management and optimized allocation. Stock renovation and operation projects are driven by long-term operation as the underlying logic and require a large amount of capital investment. Relying solely on government financial input is far from enough. It is necessary to distinguish from the traditional high-turnover, high-margin real estate development model and asset mortgage risk control model, and guide and encourage relevant industrial and financial capital to participate, forming a multi-level investment and financing system with mutual supplementation between government funds and social capital.To truly activate and operate stock assets, Guo Xingtian suggests: First, guide fiscal funds appropriately.Establish special industrial funds to encourage and drive social industrial capital to actively participate in stock asset renovation and project operation.Second, vigorously support by policy banks.Financial regulatory authorities should carefully study the characteristics of stock asset renovation and operation, and introduce targeted low-cost financing policies to encourage policy banks to support social capital participation in urban renewal and stock renovation.Third, active participation by commercial financial institutions.Stock operation and maintenance projects are characterized by light assets, long cycles, low margins, and strong stability.Commercial banks themselves should innovate products, use digital and intelligent means for operation and maintenance supervision, actively try to gradually shift traditional pre-risk control to in-process risk control models, and provide supporting green financial support services to truly empower the sustainable operation of assets.
