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Shandong to build market-based platform for comprehensive factor trading

2021/1/8 15:50:52   source:sdchina.com

On the morning of January 8, the Information Office of Shandong Provincial People’s Government held a conference to brief on the Opinions on Implementing the Opinions of the CPC Central Committee and the State Council on Building a More Perfect System and Mechanism for Market-oriented Allocation of Elements (The Implementation Opinions for short).

The Implementation Opinions, which was officially issued on Dec. 26 last year, focuses on the five major elements of land, labor, capital, technology and data, and puts forward 20 policies and measures in five aspects.

In terms of land elements, the Implementation Opinions stresses to strengthen the managerial flexibility of land; In terms of labor, efforts should be made to dredge the channels for labor mobility; In terms of capital elements, Shandong will give full play to the market role of capital elements; In terms of technology elements, the province will further stimulate the vitality of technology supply; And in terms of data elements, Shandong will quicken the pace in cultivating market of data elements.

In order to promote the free flow and market-oriented allocation, Shandong has established the provincial property right trading group for building a provincially-unified comprehensive elements’ marketing trading platform. It will promote energy consumption, coal consumption, water resources, sewage rights and other factors suitable for marketization trading to enter the factor trading platform for market-oriented trading circulation.

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Sponsor:Information Office of Shandong Provincial People’s Government