Understanding 'Comprehensive, Deep & Accurate' Implementation of Building a Modern Industrial System - Interview with Housing Minister Ni Hong - MIIT Briefing on Tech-Industry Agenda
Here are the key reports and articles from the People’s Daily’s edition on Thursday, January 22, 2026.
Page 1: There’s a front page commentary drawing on Xi’s speech at the Party School. If you recall, Xi had emphasised that strategic deployments for economic and social development during the 15th FYP period, which were set forth during the Fourth Plenum, must be comprehensively, deeply, and accurately understood and grasped. And then he explained what doing so meant in practice. This commentary builds on that theme.
“A modern industrial system is the material and technological foundation of Chinese-style modernisation. Placing it as the first item among the various strategic tasks for the 15th FYP period is a strategic consideration arrived at by the Central Committee after deep and careful deliberation. How to achieve a comprehensive, deep, and accurate understanding and grasp of the plenary session’s strategic deployments may be elucidated by taking this as an example.
Looking at the overall development trend, during the 14th FYP period, China made solid progress in building a modern industrial system. As of 2025, China’s manufacturing sector is expected to maintain its position as the world’s largest for 16 consecutive years, with the added value of large-scale equipment manufacturing and high-tech manufacturing increasing by 9.2% and 9.4% year-on-year, respectively, and research, development, and application in fields such as AI, biomedicine, and robotics are at the world’s leading edge. Practice shows that a strong real economy is where China’s development advantages lie and where its foundations lie. In recent years, China’s economy has weathered storms and maintained strong resilience and vitality, and the strategic underpinning for this has been a complete industrial system.
Looking at the overall development situation, at present, China’s development is characterised by the coexistence of strategic opportunities and risks and challenges, with uncertainty and unpredictability increasing, while a new round of scientific and technological revolution and industrial transformation, represented by AI, is accelerating breakthroughs. The more complex and volatile the situation becomes, the more necessary it is to firmly hold onto the real economy as this foundation and to accelerate the building of a modern industrial system. By considering its positioning from the overall perspective of ‘providing strong material support for achieving the second centennial goal’ and ‘winning strategic initiative in increasingly fierce international competition’, we can profoundly grasp the Central Committee’s decision-making intentions and deployment objectives.
Therefore, ‘comprehensiveness’ means understanding the spirit of the plenary session from a holistic perspective, grasping all deployments as a whole. We must fully understand the great significance, the situation faced, the guiding ideology, important principles, goals and tasks, and policy measures of economic and social development during the 15th FYP period, planning and promoting all work with a holistic view and systems thinking, avoiding focusing on one aspect while neglecting others, and certainly not taking things out of context.”
现代化产业体系是中国式现代化的物质技术基础，将其摆在“十五五”时期各项战略任务第一条，是党中央经过深思熟虑的战略考量。如何做到全面深刻准确领会和把握全会战略部署，不妨以此为例进行阐释。看发展大势，“十四五”时期，我国现代化产业体系建设迈出坚实步伐。2025年，我国制造业规模有望连续16年保持全球第一，规模以上装备制造业、高技术制造业增加值同比分别增长9.2%、9.4%，人工智能、生物医药、机器人等研发应用走在世界前列。实践表明，实体经济强是我国发展优势所在、根基所在。这些年我国经济顶风破浪、保持强大韧性和活力，战略依托就是完整的产业体系。看发展全局，当前我国发展战略机遇和风险挑战并存、不确定难预料因素增多，以人工智能为代表的新一轮科技革命和产业变革加速突破。形势越是复杂多变，越要守牢实体经济这个根基、加快建设现代化产业体系。从“为实现第二个百年奋斗目标提供坚强物质支撑”“在日趋激烈的国际竞争中赢得战略主动”的全局视野思考其定位，就能深刻领会党中央决策意图、部署初衷。由此来看，“全面”就是要以全局视野领会全会精神，将各项部署作为一个整体来把握。我们要全面领会“十五五”时期经济社会发展的重大意义、面临形势、指导思想、重要原则、目标任务、政策举措等，以全局观念和系统思维谋划推进各项工作，不能顾此失彼，更不能断章取义。
What is the essence of building a modern industrial system? How should we build it? Only by clearly understanding these questions can we achieve a more thorough understanding and greater consciousness in action. Building a modern industrial system aims to achieve an overall leap forward in the industrial system. General Secretary Xi Jinping emphasised: ‘All localities and industries should find their proper positioning, adhere to the directions of intelligentization, green development, and integration, give full play to comparative advantages, and form a vivid situation in which upstream and downstream industries are mutually connected, each gives full play to its strengths, and all exert force in the same direction’. This points the way for practical implementation to promote the overall leap forward of the industrial system. The backbone of a modern industrial system is advanced manufacturing. The 15th FYP proposals emphasise placing the focus of economic development on the real economy, which points to maintaining a reasonable proportion of manufacturing and vigorously developing advanced manufacturing.
From this perspective, ‘deeply understanding’ means knowing both the ‘what’ and the ‘why’ of the various deployments in the 15th FYP proposals; understanding not only what they are, but also why they are and how they are to be carried out. The major judgments and innovative measures put forward in the 15th FYP proposals have all been fully debated and considered. We must truly understand them thoroughly, avoiding superficial or mechanical understanding or having a half-baked grasp of them.
Building a modern industrial system and developing new-quality productive forces are inevitable requirements. The General Secretary has repeatedly emphasised that the development of new-quality productive forces should be ‘in accordance with local conditions’. At the Central Economic Work Conference, he criticised ‘some localities that disregard reality and blindly chase trends. Seeing others develop chips, they also develop chips. Seeing others develop the ‘new three items,’ they are unwilling to fall behind.’ He has pointed out that ‘developing new-quality productive forces is not about neglecting or abandoning traditional industries; it is necessary to prevent everyone rushing in headlong and the formation of bubbles, and everyone must not to pursue a single model,’ and has stressed that ‘it is necessary, on the basis of local resource endowments, industrial foundations, scientific research conditions, and so on, to selectively promote the development of new industries, new models, and new drivers of growth’…The General Secretary’s far-sighted planning has always embodied the sober calm of ‘establishing before breaking’, contains the truth-seeking method of ‘adapting measures to local conditions’, and guides us to promote the deep integration of scientific and technological innovation and industrial innovation on the basis of reality.
From this perspective, ‘accurately’ means precisely grasping the policy boundaries and scale of the various deployments of the 15th FYP proposals, ensuring that what must be done is done, what can be done is done to the utmost, and what should not be done is resolutely not done. The Party Central Committee’s decisions and deployments are formulated on the basis of the overall national development situation and carry universality, overall applicability, and directional significance. Different measures have differences in their scope of application, progress requirements, and implementation methods, and these must be handled appropriately according to specific circumstances.
建设现代化产业体系的内涵是什么？怎么建？把这些问题想清楚、搞明白，才能做到认识上更到位、行动上更自觉。建设现代化产业体系是要实现产业体系整体跃升。习近平总书记强调：“各地区各行业要找准定位，坚持智能化、绿色化、融合化方向，发挥比较优势，形成上下游产业相互衔接、各展其长、同向发力的生动局面。”这为推动产业体系整体跃升指明了实践路径。现代化产业体系的骨干是先进制造业。“十五五”规划建议提出，坚持把发展经济的着力点放在实体经济上，指向的就是保持制造业合理比重、大力发展先进制造业。由此来看，“深刻”就是要对“十五五”规划建议各项部署知其然又知其所以然，既明白是什么，又明白为什么、怎么做。“十五五”规划建议作出的重大判断、提出的创新举措，都是经过充分论证的。我们要真正理解透彻，避免囫囵吞枣、一知半解。建设现代化产业体系，发展新质生产力是必然要求。总书记多次强调发展新质生产力要“因地制宜”，在中央经济工作会议上，就曾批评“一些地方不顾实际，盲目追风口。看别人搞芯片，自己也搞。看别人搞‘新三样’，自己也不甘落后”。指出“发展新质生产力不是要忽视、放弃传统产业，要防止一哄而上、泡沫化，也不要搞一种模式”，强调“要根据本地的资源禀赋、产业基础、科研条件等，有选择地推动新产业、新模式、新动能发展”……总书记的深谋远虑，始终有“先立后破”的清醒冷静，蕴含“因地制宜”的实事求是方法，指引我们立足实际推动科技创新和产业创新深度融合。由此来看，“准确”就是要精准把握“十五五”规划建议各项部署的政策界限和尺度，做到该为的必须为、能为的努力为、不该为的决不为。党中央的决策部署是立足全国发展大局制定的，带有普遍性、全局性、方向性。不同的举措，在适用范围、进度要求、实施手段上有差异，都要根据具体情况把握好.
The deeper one studies, the clearer one understands; the clearer one understands, the more resolute one acts. We must persistently draw from Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era to grasp laws, clarify directions, learn methods, and increase wisdom, comprehensively, deeply, and accurately understand and grasp the strategic deployments of the Fourth Plenary Session of the 20th Central Committee of the Party, keep the overall situation in mind and look far ahead, apply learning to practice and unify knowledge and action, maintain strategic resolve while meticulously planning at the tactical level, and strive to open up a new situation in the construction of Chinese-style modernisation. 学之愈深，知之愈明，行之愈笃。我们要坚持不懈从习近平新时代中国特色社会主义思想中悟规律、明方向、学方法、增智慧，全面深刻准确领会和把握党的二十届四中全会的战略部署，胸怀全局、登高望远，学以致用、知行合一，在战略上保持定力，在战术上精心运筹，奋力开创中国式现代化建设新局面.
Next, there’s a report on Wang Huning’s comments at a CPPCC symposium on the macroeconomic situation. Wang said that:
The CPPCC “should focus on major theoretical and practical issues in economic and social development during the 15th FYP period, carefully organize inspections, study tours, and investigative research, carry out thematic studies, and deepen theoretical research in the economic field. It should actively engage in consultation and deliberation, and conduct democratic supervision, focusing on implementing key tasks of the year’s economic work, so as to serve and contribute to a good start and smooth progress of the 15th FYP with high-quality proposals and suggestions. It should assist the Party and the government in publicising policies, clarifying doubts, stabilising expectations, and strengthening confidence, guiding all sectors of society to comprehensively and dialectically view the economic situation and development trends, and tell the China story well. 王沪宁表示，人民政协要围绕“十五五”时期经济社会发展重大理论和实践问题，精心组织视察考察调研，做好专题研究，深化经济领域理论研究。要聚焦落实全年经济工作重点任务积极协商议政、开展民主监督，以高质量议政建言成果服务和助力“十五五”开好局、起好步。要协助党和政府做好宣传政策、解疑释惑、稳定预期、坚定信心的工作，引导社会各界全面辩证看待经济形势、发展大势，讲好中国故事.
As per the report, CPPCC members delivered speeches, offering “suggestions on promoting the deep integration of AI and scientific and technological innovation and industrial innovation, boosting consumption and investment, enhancing fiscal sustainability, building a modern industrial system, promoting regional coordinated development, improving the ability to serve the real economy, ensuring food security, stabilising foreign trade and foreign investment, and promoting high-quality and full employment. All of them agreed that in 2025, the national economy operated under pressure but moved towards new and better development, with high-quality development achieving new results; the fundamental reason for this lay in General Secretary Xi Jinping’s leadership at the helm and the centralized and unified leadership of the Party Central Committee. It is necessary to earnestly implement and carry out the deployment requirements of the CEWC, continuously consolidate and expand the positive momentum of economic stability and improvement, and strive to achieve a good start for the 15th FYP. 全国政协委员苗圩、李小鹏、尹艳林、余蔚平、林毅夫、谭锦球、杨宗儒、张合成、顾学明、莫荣、齐向东和专家刘世锦发言，围绕推动人工智能科技创新与产业创新深度融合、促进消费和投资、增强财政可持续性、建设现代化产业体系、促进区域协调发展、提升服务实体经济能力、把握粮食安全主动权、稳外贸稳外资、促进高质量充分就业等协商建言。大家认为，2025年，国民经济运行顶压前行、向新向优，高质量发展取得新成效，根本在于习近平总书记领航掌舵和中共中央集中统一领导。要认真贯彻落实中央经济工作会议部署要求，不断巩固拓展经济稳中向好势头，努力实现“十五五”良好开局.
Page 2: There’s a report drawing from a press briefing by officials, including Zhang Yunming, Vice Minister of Industry and Information Technology, on China’s industrial economic development in 2025. Key points from the first section:
A batch of innovation achievements with ‘high newness content’ has emerged in rapid succession. Technologies such as perovskite materials, permanent magnet materials, and power batteries are at an internationally advanced level; technologies including new-type networks, high-speed communications, advanced computing, emerging software, and blockchain are accelerating iteration; prototypes such as atomic clocks and magnetometers based on new quantum technologies have been successfully developed; superconducting quantum computers and photonic quantum computers have achieved quantum advantage; and brain–computer interface technologies are accelerating their expansion from the medical field into fields such as education and industry.
A batch of new products with broad application prospects is accelerating its march toward the market. Terminal products such as intelligent robots are continuously maturing and being put into use. Bio-manufacturing products are continuously expanding their application scope in industries such as medicine and health, daily-use chemicals and beauty, and green energy. A batch of new scenarios such as ‘5G+,’ ‘Industrial Internet+,’ ‘Robot+,’ and ‘BeiDou+’ are accelerating their cultivation, providing vast market space for the rapid industrialisation of new products.
A batch of advantageous industries with strong competitiveness have stood out. The value added of industries such as integrated circuits and electronic specialty materials increased year-on-year by 26.7% and 23.9%, respectively; industrial robot output increased year-on-year by 28%; new-energy vehicle new-car sales reached 16.49 million units, up 28.2% year-on-year; and the number and types of civil unmanned aerial vehicle products continue to grow.
一批“含新量”高的创新成果竞相涌现。钙钛矿材料、永磁材料、动力电池等技术处于国际先进水平，新型网络、高速通信、先进计算、新兴软件、区块链等技术加快迭代，基于新型量子技术的原子钟、磁力仪等样机研制成功，超导量子计算机、光量子计算机实现量子优越性，脑机接口技术从医疗领域向教育、工业等领域加速拓展。一批应用前景广的新产品加快迈向市场。智能机器人等终端产品不断成熟，投入使用。生物制造产品在医药健康、日化美妆、绿色能源等行业不断扩大应用范围。“5G+”“工业互联网+”“机器人+”“北斗+”等一批新场景加快培育，为新产品迅速产业化提供广阔的市场空间。一批竞争力强的优势产业脱颖而出。集成电路、电子专用材料等行业增加值同比分别增长26.7%、23.9%，工业机器人产量同比增长28%，新能源汽车新车销量达1649万辆、同比增长28.2%，民用无人机产品数量和种类不断增长.
Key points from the second section:
“‘We aim to build a batch of ‘China exemplars’ that represent the highest global level of intelligent manufacturing, blazing a trail and providing leadership for the overall upgrading of China’s manufacturing sector. At present, the first batch of 15 leading factories has made a collective debut at the 2025 World Intelligent Manufacturing Conference,’ said Xie Cun, spokesperson of the Ministry of Industry and Information Technology and Director-General of the Information and Communications Development Department. The leading factories meet production requirements of high efficiency, high precision, high flexibility, and high quality, and have set transformation benchmarks for their respective industries. Some automobile factories have achieved flexible mixed-line production of multiple models; some petrochemical factories have achieved autonomous operation relying on digital twins; and some optical cable factories have overcome the extreme manufacturing processes for ultra-large-size preforms, and so on. These transformations have driven an average increase in production efficiency of 29% and reduced product defect rates by 47%. At present, AI has penetrated more than 70 percent of the business scenarios of leading factories, accumulated over 6,000 vertical-domain models, driven the large-scale application of more than 1,700 key intelligent manufacturing equipment items and industrial software, formed a batch of industrial intelligent agents with capabilities of perception, decision-making, and execution, and promoted the evolution of intelligent manufacturing from ‘automation’ toward ‘autonomy’.” “我们旨在打造一批代表全球智能制造最高水平的‘中国样板’，为我国制造业整体升级探路领航。目前，首批15家领航工厂已在2025世界智能制造大会上集中亮相。”工业和信息化部新闻发言人、信息通信发展司司长谢存表示。领航工厂满足了高效率、高精度、高柔性与高质量的生产要求，为各自行业树立转型标杆。有的汽车工厂实现多车型柔性混流生产，有的石化工厂依托数字孪生实现自主运行，有的光缆工厂攻克超大尺寸预制棒的极限制造工艺等等。这些变革带动生产效率平均提升29%，产品不良率降低47%。目前，人工智能已渗透领航工厂70%以上的业务场景，沉淀了超6000个垂直领域模型，带动1700多项关键智能制造装备与工业软件规模化应用，形成一批具备感知、决策与执行能力的工业智能体，推动智能制造从“自动化”向“自主化”演进.
“‘The average renewable energy utilisation rate of national green computing power facilities in 2025 exceeded 70%’, said Tao Qing, spokesperson of the Ministry of Industry and Information Technology and Director-General of the Operation Monitoring and Coordination Bureau. The next step will focus on bottlenecks and sticking points such as flexible hydrogen production and the intelligent operation of microgrids, developing scenario-adapted key energy-saving and environmentally friendly equipment and integrated system solutions, promoting the transition of advanced and applicable technologies and equipment from ‘demonstration applications’ to ‘large-scale popularization,’ and formulating and revising a number of basic general and technical standards to cultivate new drivers for green development.” 智能化生产技术和绿色能源技术的进步，在赋能产业绿色化的同时，也催生了绿色产业化。“2025年度国家绿色算力设施可再生能源利用率平均值超过70%。”工业和信息化部新闻发言人、运行监测协调局局长陶青说，下一步将聚焦柔性制氢、微电网数智化运行等难点堵点，开发场景适配的关键节能环保装备和一体化系统解决方案，促进先进适用技术装备从“示范应用”走向“规模化普及”，制修订一批基础通用和技术规范标准，着力培育绿色发展新动能.
The final two sections are full of data points:
By the end of 2025, China’s digital industry revenue will reach approximately 38.3 trillion yuan, with profits of 3.1 trillion yuan. This represents cumulative increases of approximately 39.5% and 48.4%, respectively compared to the end of the 13th FYP period.
The number of devices running the open-source HarmonyOS operating system has reached nearly 1.2 billion.
Industrial internet integration applications have achieved full coverage across major industrial categories, and a multi-level, systematic industrial internet platform has been initially established, with the number of industrial devices connected to key national platforms exceeding 100 million units.
Digital intelligence technology is deeply integrated into the core links of production and manufacturing, with 100 high-level 5G factories reaching world-leading levels, achieving an average production capacity increase of 25%, a product quality improvement of 21%, and a reduction in operating costs of 19%. 工业互联网融合应用实现工业大类全覆盖，初步建成多层次、系统化的工业互联网平台，全国重点平台工业设备连接数超1亿台（套）。数智技术深度融入生产制造核心环节，已有100家高水平5G工厂达到全球领先水平，平均产能提升25%，产品质量提升21%，运营成本降低19%.
Currently, 4.838 million 5G base stations have been built, 5G-A covers over 330 cities; 42 10,000-card intelligent computing clusters have been established, with intelligent computing power exceeding 1590 EFLOPS, ranking among the top in the world. 谢存说，当前已建成5G基站483.8万座，5G—A覆盖超330个城市，建成万卡智算集群42个，智能算力规模超过1590EFLOPS，位居全球前列.
Research and development of 6G has completed the first phase of technical trials, resulting in more than 300 key technology reserves, and the second phase of 6G technical trials has recently been launched.
Also on the page is an interview with Ni Hong, Minister of Housing and Urban-Rural Development. The first question is about the priorities regarding urban and rural housing construction during the 15th FYP period.
Ni Hong makes three primary points:
First, promote high-quality urban renewal. Adhere to connotative urban development, take the advancement of urban renewal as an important lever, coordinate the implementation of the important tasks of ‘one optimisation and six constructions’, coordinate the establishment of institutional mechanisms for urban renewal, systematically advance the construction of the ‘four goods’, i.e., good housing, good neighbourhoods, good communities, and good urban areas, and create high-quality living spaces for the people.
Second, promote the high-quality development of the real estate industry. Firmly grasp the fundamental principle of ensuring that people have safe and secure housing, coordinate risk prevention and transformation promotion, coordinate improving people’s livelihoods and stabilising growth, focus on stabilising the real estate market, accelerate the construction of a new model for real estate development, optimise the supply of affordable housing, and meet the diverse housing needs of the people with high-quality supply.
Third, create an upgraded version of ‘Made in China’ in the construction sector. With the fundamental goal of providing high-quality construction products, coordinate ‘flexibility’ and ‘effective management’, coordinate domestic and international markets, place technological innovation and application in a prominent position, vigorously develop intelligent construction and green buildings, cultivate new-quality productive forces in the construction industry, and improve the full life-cycle safety management system.
一是高质量推进城市更新。坚持城市内涵式发展，以推进城市更新作为重要抓手，统筹落实“一个优化、六个建设”重要任务，统筹构建城市更新体制机制，系统推进好房子、好小区、好社区、好城区“四好”建设，为人民群众打造高品质生活空间。二是推动房地产高质量发展。牢牢抓住让人民群众安居这个基点，统筹防风险和促转型，统筹惠民生和稳增长，着力稳定房地产市场，加快构建房地产发展新模式，优化保障性住房供给，以高品质供给满足人民群众多样化住房需求。三是打造“中国建造”升级版。以提供高品质建筑产品为根本目的，统筹“放得活”和“管得好”，统筹国内和国际两个市场，把科技创新应用摆在突出位置，大力发展智能建造、绿色建筑，大力培育建筑业新质生产力，健全全生命周期安全管理制度.
The second question is about urban renewal policy. Ni says:
“In 2025, significant progress was made in urban renewal. Nationwide, 26,000 old urban residential areas were renovated, and 14,000 elevators were installed, improving living conditions and benefiting over 4.7 million residents. More than 4,700 ‘pocket parks’ and over 5,800 km of urban greenways were created, enhancing the urban living environment. 156,000 km of underground pipelines were constructed and renovated, strengthening urban resilience.” 2025年，城市更新工作取得明显成效，全国开工改造城镇老旧小区2.6万个，加装电梯1.4万部，改善了居住条件，惠及470多万居民；打造“口袋公园”4700多个、城市绿道5800多公里，提升了城市人居环境；建设改造地下管网15.6万公里，增强了城市韧性.
To advance urban renewal with high quality, the key lies in accurately identifying problems and effectively solving them. We will adhere to the principle of ‘inspection first, renewal afterward’, taking the problems identified through inspection as the priorities of urban renewal, and coordinating the effective implementation of a series of projects benefiting people’s livelihoods, development projects, and safety projects.
First, livelihood projects. These include continuously promoting the renovation of old urban residential areas, eliminating safety risks and hazards, and improving living conditions and the living environment. We will comprehensively advance the construction of complete communities, give greater care to ‘the elderly and the young’, and focus on making up for shortcomings in public service facilities. We will carry out the renovation of small and micro urban public spaces, increase community parks and pocket parks close to the people, and promote broader opening and shared use of parks and green spaces.
Second, development projects. We will implement high-quality ‘two major’ and ‘two new’ projects, continuously carry out the construction of underground pipe networks and comprehensive utility tunnels, and regularly promote the upgrading and renovation of aging gas pipelines and other municipal facilities to make urban operation more efficient and smoother. We will renovate old neighbourhoods and old factory areas, providing more innovation and entrepreneurship spaces for young people and creating more consumption scenarios for citizens. We will protect and repair historical and cultural districts and historical buildings, allowing historical and cultural heritage to radiate new vitality and charm.
Third, safety projects. To build a modernised people’s city, it is imperative to firmly hold the bottom line of urban safety. We must continue building urban drainage and flood prevention engineering systems, accelerate the construction of safety engineering for urban infrastructure lifeline systems, and establish whole-life-cycle safety management systems for buildings, among other measures. 一是民生工程。重点包括持续推进城镇老旧小区改造，消除安全风险隐患、改善居住条件和生活环境。全面推进完整社区建设，更加呵护“一老一小”，着力补上公共服务设施短板。开展城市小微公共空间改造，增加群众身边的社区公园、口袋公园，推动更多公园绿地开放共享。二是发展工程。高质量实施“两重”“两新”项目建设，持续开展地下管网和综合管廊建设，常态化推进老化燃气管道等市政设施更新改造，让城市运行更高效、更顺畅。更新改造老旧街区、老旧厂区，为青年人提供更多创新创业空间，为市民创造更多消费场景。保护、修缮历史文化街区、历史建筑，让历史文化遗产焕发新活力、绽放新魅力。三是安全工程。建设现代化人民城市，必须守牢城市安全底线。要持续建设城市排水防涝工程体系，加快建设城市基础设施生命线安全工程，建立房屋全生命周期安全管理制度等.
The next question is on stabilising the real estate market. Ni Hong says that “it is essential to see that China’s new-type urbanisation is still being continuously advanced, that there remains broad space for optimising and adjusting the existing urban stock; the people are full of expectations for high-quality housing and high-quality development of the real-estate sector still has considerable potential.” 对于房地产，一定要看到我国新型城镇化仍在持续推进，城市存量优化调整也有广阔空间，人民群众对高品质住房充满期待，房地产高质量发展仍有较大潜力.
Real estate is immovable property, and the real estate market is a market organized by cities as units; city governments should fully make good use of their regulatory autonomy. In the next step, we will continue to adhere to city-specific policies, precise policies, and tailored policies for each city, controlling new supply, reducing inventory, and optimising supply. Leverage the role of the real estate financing ‘whitelist’ system to support the reasonable financing needs of real estate enterprises and the housing needs of residents for both basic and improved housing, promoting the stable operation of the real estate market. 房地产是不动产，房地产市场是以城市为单元的市场，城市政府应当充分用好调控自主权。下一步，将继续坚持因城施策、精准施策、一城一策，控增量、去库存、优供给，发挥好房地产融资“白名单”制度作用，支持房企合理融资需求，支持居民刚性和改善性住房需求，推动房地产市场平稳运行。
He then argued that the focus will be on two areas going forward.
First, orderly promote the construction of ‘good housing’. In recent years, we have adhered to coordinated efforts by government, enterprises, and society, and promoted the construction of ‘good housing’ across the entire chain; this work has already gathered momentum. Last year, the new edition of the Residential Project Specifications was promulgated and implemented, with 14 improvements, including raising residential floor height to no less than 3 meters and stipulating that elevators must be installed in buildings of four storeys or more. We have also issued opinions on improving housing quality, making comprehensive deployments for the construction of ‘‘good houses’, and this year we will guide localities in implementing them well. We must continue to build ‘good houses’ by revolving around good standards, good design, good materials, good construction, and good operations and maintenance; we must both build new houses into ‘good houses’ and gradually renovate old houses into ‘good houses’, driving the upgrading of the industrial chain, and satisfying the diverse housing needs of the masses with a supply of ‘good houses’ that are safe, comfortable, green, and smart. The construction of ‘good houses’ is an important scenario for the integrated application of technologies, equipment, and materials, and has substantial room for development. Real estate enterprises and construction enterprises should recognize that building ‘good houses’ will be a new track for industrial transformation and development. In future enterprise competition, what is competed over is new technologies, high quality, and good services. Whoever can seize this opportunity and transform and develop, and whoever can build ‘good houses’ and provide good services for the people, will have a market, development, and a future. 一是有序推动“好房子”建设。近几年，我们坚持政府、企业、社会多方协同，全链条推进“好房子”建设，这项工作已经起步成势。去年，新版《住宅项目规范》颁布实施，有14项提升，包括将住宅层高提高到不低于3米，规定4层起要加装电梯等。我们还印发了关于提升住房品质的意见，对“好房子”建设作出全面部署，今年将指导各地抓好落实。要继续围绕好标准、好设计、好材料、好建造、好运维建设“好房子”，既把新房子建成“好房子”，也把老房子逐步改造成“好房子”，带动产业链升级，以安全、舒适、绿色、智慧的“好房子”供给，满足人民群众多样化住房需求。“好房子”建设是科技、设备、材料集成应用的重要场景，有很大发展空间。房地产企业和建筑企业要看到，建设“好房子”，将是产业转型发展的新赛道，今后企业竞争，拼的是新科技、高质量、好服务，谁能抓住这次机遇、转型发展，谁能为群众建设“好房子”、提供好服务，谁就能有市场、有发展、有未来.
Secondly, we will accelerate the construction of a new model for real estate development. This is a fundamental solution to promote the stable and healthy development of the real estate market, and it is also a comprehensive and highly systematic task. The next step is to systematically establish fundamental systems for real estate development, financing, and sales.
In real estate development, solidly implement the project company system: project companies shall exercise independent legal person rights according to law, and corporate headquarters shall fulfill their responsibilities as investors. It is strictly prohibited for enterprise headquarters to illegally extract or divert project company funds, withdraw capital contributions, or distribute dividends in advance before project delivery, ensuring closed management of project funds and their exclusive use for designated purposes.
In real estate financing, we will implement the lead bank system. This is an effective method explored and developed during the work of ensuring timely delivery of housing projects. One bank or banking syndicate will be designated as the lead bank for each project. Funds for project development, construction, and sales will be deposited with the lead bank, which will guarantee the project company’s reasonable financing needs.
In commercial housing sales, advance the system of selling completed housing, realizing ‘what you see is what you get’, and fundamentally preventing delivery risks. Where pre-sales continue to be implemented, standardize the supervision of pre-sale funds and effectively safeguard the legitimate rights and interests of homebuyers.
二是加快构建房地产发展新模式。这是促进房地产市场平稳健康发展的治本之策，也是一项综合性、系统性很强的工作。下一步，重点是有序搭建房地产开发、融资、销售等基础制度。在房地产开发上，做实项目公司制，项目公司依法行使独立法人权利，企业总部履行投资人责任，严禁企业总部在项目交付前违规抽挪项目公司资金、抽逃出资或提前分红，确保项目资金封闭管理、专款专用。在房地产融资上，推行主办银行制。这是在保交房工作中探索形成的行之有效的办法，一个项目确定一家银行或银团为主办银行，项目开发、建设、销售等资金存入主办银行，主办银行保证项目公司合理融资需求。在商品房销售上，推进现房销售制，实现“所见即所得”，从根本上防范交付风险。继续实行预售的，规范预售资金监管，切实维护购房人合法权益.
The final question is about the goals for the development of the construction industry. Ni Hong makes four points:
Focus on industry development. Prioritise technological innovation and application, vigorously develop new construction methods such as intelligent construction, promote the formation of corresponding engineering organization and implementation methods, and cultivate a modern workforce of construction industry professionals.
Focus on market development. Reform and improve the construction market mechanism, ensuring both flexibility and effective regulation, stimulating the vitality and motivation of market entities. Use standardised, information-based, and legalised means to manage what needs to manage what must be managed, and build a construction market environment characterised by integrity and law-abiding behaviour, fair competition, and the pursuit of quality.
Focus on on-site management. Adhere to a quality-first approach, coordinating efforts from standards, technology, materials, management, and regulations to improve construction quality. Integrate safety concepts into the entire process of design, construction, and operation and maintenance, and promote the establishment of a safety management system for the entire life cycle of buildings, ensuring a stronger safety foundation.
Focus on international expansion. Leverage the overall advantages of ‘Made in China’ construction, integrate the upstream and downstream industrial chains of the construction industry, encourage and support construction enterprises to ‘go global’, and steadily enhance the position and competitiveness of the construction industry in the global industrial division of labour.
抓产业。把科技创新和应用摆在突出位置，大力发展智能建造等新型建造方式，推进形成与之相适应的工程组织实施方式，培育现代化建筑产业工人队伍。抓市场。改革完善建筑市场机制，既“放得活”，又“管得好”，激发经营主体活力和动力，用标准化、信息化、法治化手段管住该管的，构建诚信守法、公平竞争、追求品质的建筑市场环境。抓现场。坚持以质量为本，从标准、技术、材料、管理、法规等方面协同发力，提高建筑品质。将安全理念嵌入设计、建造、运维全过程，推动建立房屋全生命周期安全管理制度，把安全底线守得更牢。抓“出海”。发挥“中国建造”整体优势，整合建筑业上下游产业链，鼓励和支持建筑企业“走出去”，稳步提升建筑业在全球产业分工中的地位和竞争力.
Page 3: This bit from yesterday’s MFA press conference.
CGTN: It’s reported that the EU Commission rolled out a new cybersecurity package on January 20. On the basis of a 5G security ‘toolbox’, the EU plans to forcibly de-risk Europe’s telecommunication networks by weeding high-risk third-country suppliers. Some commentators believe that the so-called ‘high-risk suppliers’ have a political undertone, which aims to remove Chinese companies from Europe’s telecom networks citing security risks. What’s China’s comment?
Guo Jiakun: China noted relevant reports and expresses grave concern over that. Chinese companies have long been conducting lawful operation in Europe and are law-abiding and high-quality providers for the EU’s telecom and digital sector. They are never a security threat to European countries. To forcefully limit or ban companies from the market without any evidence and based on non-technical standards seriously violates market principles and fair competition. This act of protectionism is yet another example of turning normal cooperation into political and security issues. Attempts to arbitrarily intervene in the market and violate economic rules don’t make one country safer but pay a huge price. Facts prove that in a handful of countries, phasing out quality, safe and secure Chinese telecom equipment not only stifles digital and cyberspace advancement, but also causes huge economic loss. The European Commission dismissed the sheer fact that Chinese companies have provided secure and high-quality products, and that China and the EU have a sound foundation and potential for cooperation in digital network industry, but used security as a pretext for political manipulation. This not only gravely hinders the EU’s technological progress and economic growth, but also tarnishes its reputation for an open market and saps foreign companies’ confidence in investing in the EU. We urge the EU to stop pursuing the wrong path of protectionism. China will do what is necessary to defend Chinese companies’ lawful rights and interests.