Deeply comprehend the spirit of the Fifth Plenary Session of the 19th Central Committee of the Party, and accurately grasp the new development stage and new development situation. The plenary session pointed out: The current internal and external environment of my country's development is undergoing profound and complex changes. On the one hand, the world today is undergoing major changes unseen in a century. The international environment is becoming increasingly complex, and instability and uncertainty are obviously increasing. On the other hand, my country has shifted to a stage of high-quality development, with significant institutional advantages, improved governance efficiency, long-term economic improvement, strong material foundation, abundant human resources, broad market space, strong development resilience, overall social stability, and continued development in many aspects. Advantages and conditions. But at the same time, the problem of my country’s unbalanced and insufficient development is still prominent, the reform tasks in key areas and key links are still arduous, and innovation capabilities do not meet the requirements of high-quality development. my country’s economic and social development is faced with structural, institutional, and cyclical issues brought about by intertwined Difficulties and challenges.

In April this year, General Secretary Xi Jinping pointed out in the "Several Major Issues of the National Medium and Long-term Economic and Social Development Strategy" that we must firmly implement the strategy of expanding domestic demand and optimize and stabilize the industrial chain and supply chain. The Fifth Plenary Session of the Central Committee further clarified that the formation of a strong domestic market, a new development pattern, adhere to the strategic basis of expanding domestic demand, accelerate the cultivation of a complete domestic demand system, and organically integrate the implementation of the strategy of expanding domestic demand with the deepening of supply-side structural reforms, and drive innovation and high Quality supply leads and creates new demand. It is necessary to smooth the domestic cycle, promote the domestic and international double cycle, comprehensively promote consumption, and expand investment space.

The plenary session proposed that the focus of economic development should be on the real economy, unswervingly build a manufacturing power, a quality power, a network power, and a digital China, advance the advanced industrial base, modernize the industrial chain, and improve economic quality, efficiency, and core competitiveness. Promote and improve the urbanization strategy, strengthen key projects, new infrastructure and other major strategic arrangements to make them an important support point for expanding domestic demand.

On the basis of accurately grasping the new development stage, it is necessary to clarify the new development tasks. Whether it is the development of the steel industry or the development of the private steel economy, we must accelerate the construction of a new development pattern with domestic and international double cycles as the main body, and fully understand the role of the steel industry in national economic development. The rapid recovery of the national economy has brought huge market space for the steel industry. More importantly, we must seize this strategic opportunity period, aim at the new requirements of the new development stage, use the new development concept of "innovation, coordinate, green, open and share", implement precise policies and take solid actions, and continue to promote the high-quality development of the steel industry.