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Baoding Mayor Yan Jihong Chairs Executive Meeting to Strengthen Industrial Foundations and Cultivate Future Industries

On June 16, Mayor Yan Jihong chaired an executive meeting of the Baoding Municipal Government to study and implement President Xi Jinping's article on future industries, focusing on leveraging local strengths, integrating with Beijing-Tianjin-Hebei innovation, and optimizing the business environment.

Baoding Mayor Yan Jihong Chairs Executive Meeting to Strengthen Industrial Foundations and Cultivate Future Industries

On June 16, Baoding Mayor Yan Jihong chaired an executive meeting of the municipal government to convey and study the important article by General Secretary Xi Jinping, "Forward-looking Layout and Development of Future Industries," published in Qiushi magazine, and to discuss implementation measures. The meeting underscored the significance, direction, and key tasks for developing future industries, and outlined practical steps for foreign founders looking to register or operate a company in Baoding or the wider Beijing-Tianjin-Hebei region.

Learning from the Article and Setting Direction

The meeting emphasized that General Secretary Xi's article provides clear guidance on the importance, pathways, and priority tasks for advancing future industries. Departments at all levels are urged to grasp the trends of the new round of technological revolution and industrial transformation, and to pursue new breakthroughs in future industry development. For foreign entrepreneurs, this signals a supportive policy environment and a clear commitment to innovation-driven growth.

Leveraging Local Advantages and Focusing on Key Sectors

Baoding will adopt a place-based approach, building on its existing industrial base and resource endowments. The focus will be on sectors with strong foundations and high potential, such as aerospace information, low-altitude economy, and data services. By consolidating the industrial foundation, the city aims to rapidly seize new opportunities. Foreign founders in these fields may find fertile ground for collaboration and market entry.

Integrating with Beijing-Tianjin-Hebei Innovation Ecosystem

The meeting stressed the principle of "industry poses the questions, science and technology answers." Baoding will actively align with the construction of the Beijing (Jing-Jin-Ji) International Science and Technology Innovation Center and deeply embed itself in the innovation chain of Beijing, Tianjin, and Xiong'an. The goal is to absorb and apply high-quality innovation resources locally, promoting deep integration of technological and industrial innovation. For foreign companies, this integration offers access to a broader innovation network and potential partnerships.

Combining Effective Markets with a Proactive Government

Baoding will ensure both effective markets and a proactive government work in tandem. The city will strengthen factor guarantees for nurturing future industries, continuously optimize the innovation ecosystem, and inject new momentum for high-quality development. Foreign investors can expect support in areas such as land, talent, and funding, as well as efforts to streamline administrative processes.

Other Agenda Items and Business Environment

The meeting also reviewed the implementation of the "Monthly Topic" legal consultation service refund dispute work, typical cases from the 12345 hotline, and parking management. These items reflect the city's attention to resolving practical issues and improving public services, which contributes to a more predictable and efficient business environment for foreign founders.

Practical Implications for Foreign Founders

Based on the meeting, foreign founders considering Baoding should note the city's strategic focus on future industries and its integration with the Beijing-Tianjin-Hebei innovation hub. Key takeaways include:

Foreign founders are advised to monitor local policies and engage with relevant departments to fully understand registration and operational requirements. While the meeting did not specify new incentives for foreign investment, the overall direction suggests a welcoming stance toward innovative enterprises.

Call to Action

For assistance with company registration and operations in China, foreign founders can contact ChinaMNC on WhatsApp / WeChat at +86 153 1898 8535.

This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.

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