A few days ago, the Politburo Standing Committee emphasized when studying the current key tasks for preventing and controlling epidemic, and stabilizing economic and social operations, that it was necessary to accelerate the progress of new infrastructure construction such as 5G networks and data centers. Nanjing proposed to take the initiative to seize opportunities and policy dividends, to provide strong support for strengthening new advantages and speeding up high-quality development with the breakthrough results of new infrastructure. Liu Zhibiao believes that new infrastructure should be developed in combination with old infrastructure, especially new consumption. The new consumption is supposed to stimulate new infrastructure, and new infrastructure should be used to promote the improvement of productivity and consumption capacity, thereby realizing a positive cycle. In terms of old infrastructure, the main direction is urbanization. Compared with developed countries, China's urbanization level still has a large gap and a lot of room for development. Therefore, Nanjing can stretch the urban framework and appropriately expand the city scale. This can not only improve the living comfort of residents, but benefit epidemic prevention and control and public safety, and can also stimulate economic growth. In terms of new consumption, Liu Zhibiao thinks that new consumption is digital education, digital healthcare, online office and other consumption related to people's development. If new consumption fails to keep up, it will be difficult to recover investment in new infrastructure. We must therefore, realize the combination of new infrastructure and new consumption, so as to achieve sound development.
