USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Macro

China rolls out guideline to boost development of strategic emerging industries

Xinhua | Updated: 2016-12-20 09:50

BEIJING - China has issued a guideline on strategic emerging sectors in the 13th Five-Year Plan period, with their output expected to account for 15 percent of GDP by 2020.

China wants five new pillar industries each with output of 10 trillion yuan ($1.44 trillion): information technology, bio-industry, green and low-carbon industry, high-end manufacturing, and digital and creative industry.

China plans to develop a number of new growth poles based on industrial integration and create more than 1 million new jobs each year by 2020, according to a State Council document published on Monday.

The document explains the opportunities brought by new technology and put emphasis on strategic emerging industries. China should establish a modern industrial system and foster new growth momentum, it said.

The government will provide policy support in managerial improvements, intellectual property rights and financing.

The government will also help establish an industrial innovation system and increase efforts to cultivate and give incentives to talented people, the guideline said.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US