This year’s local legislative sessions mapped blueprint for the new economy. According to information compiled by the Shanghai Securities News, the government work reports of all provinces and municipalities have mentioned cultivating the new economy, and anchored industrial development directions and objectives according to their own conditions.
The government work report of Beijing, Tianjin and Hebei province maps a development pattern in coordinated and in-depth integration. Beijing proposed “building a high-end economy structure in line with world first class standard” and implementing 10 documents on the development of the new generation of information technology and other sophisticated industries and enhancing the quality and level of modern service industry such as finance, cultural creativity and business. It will also draw a three-year action plan to cultivating and expanding innovative enterprises and supporting the development and expansion of industry leaders, unicorn enterprises and invisible champions.
Tianjin will vigorously develop advanced manufacturing industry, foster and expand information technology, new materials and other high-end industrial clusters. Hebei province proposed that it will implement six projects, including high-tech industrialization and establishment of standard system while focusing on ten fields, such as big data and Internet of Things, artificial intelligence and intelligent equipment, and high-end equipment manufacturing, and vigorously develop the digital economy, sharing economic, modern supply chain and other new business models.
Zhejiang province focuses the digital economy. The provincial government said in its work report that in the next five years, it will vigorously develop the new economy with the digital economy as the core and accelerate the construction of a modern economic system. In 2018, it will implement a number of major scientific and technological projects in the fields of artificial intelligence, flexible electronics, quantum communications, integrated circuits, biomedicine, new materials and clean energy. It will also vigorously develop the digital economy and strategic emerging industries and high-tech industries. While increasing efforts for the transformation of traditional industries, it will speed up the technological transformation with the help of the Internet, standard and robot.
The government work report of Guangdong Province also mentions "developing and expanding the digital economy". Guangdong province will introduce a digital economy development plan to accelerate expansion and wide application of the sharing economy y, mobile payment, artificial intelligence and other new technologies and new modes. Besides, Guangdong emphasizes that the focus of economic development should be placed on the real economy based on manufacturing, and that it will improve the scale and quality of modern service industries.
The Shanghai Securities News noticed that in the directories of emerging industries to be developed in those provinces, artificial intelligence, biotechnology and new materials have been repeatedly mentioned. For example, Shandong Province will strengthen forward-looking technical layout in the fields of quantum communication, artificial intelligence, graphene, hydrogen energy, carbon fiber, biological breeding and synthetic biology. Jiangxi Province mentioned "nurturing and expanding emerging industries" and accelerating the development of key industries such as integrated circuits, Beidou satellite communications, virtual reality and intelligent terminals. Anhui Province proposed cultivating advanced manufacturing clusters with international competitiveness while focusing on high-end manufacturing, smart manufacturing, green manufacturing, manufacturing and service-oriented manufacturing on the field of integrated circuits, new displays, intelligent voice, industrial robots, new energy vehicles and new materials.
Yunnan Province will endeavor to build three world-class brands: green energy, green food and healthy lifestyle destination, forming several new industries. In emerging industries, Yunnan will vigorously introduce leading enterprises in emerging industries such as information technology, artificial intelligence, life and health, intelligent manufacturing and new energy and new materials, and strive to make breakthrough in cutting-edge fields, such as biotechnology in modern medicine, ethnic medicine and new vaccine, life science based on the application of stem cells and new materials dominated by nanotechnology to produce a number of innovative products.
Translated by Coral Zhong
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