China to invest more in emerging industries

2019-03-14 00:03

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A visitor learns China Mobile 5G plan at Mobile World Congress (MWC 2019) in Barcelona, Spain, Feb. 26, 2019. The four-day MWC 2019 presents the newest 5G products of the high-tech giants from around the world. (Xinhua/Guo Qiuda)

   BEIJING, March 13 (Xinhua) -- China's emerging industries will become a major driving force for investment growth this year, the Economic Information Daily reported Wednesday.

   China will increase policy support for and infrastructure investment in emerging industries in 2019, including commercial applications of 5G, artificial intelligence, industrial internet and internet of things, according to the National Development and Reform Commission (NDRC).

Delivery robots send dishes to tables at a hot pot restaurant in Beijing, capital of China, Dec. 5, 2018. A hot pot restaurant which integrates artificial intelligence, big data management and smart robot service has attracted lots of consumers.  (Xinhua/Chen Junqing) 

   The country will cultivate emerging industrial clusters with market influence and distinctive advantages that can vigorously drive regional economic transformation, the newspaper quoted Ren Zhiwu, deputy secretary-general of the NDRC, as saying.

   The Ministry of Industry and Information Technology also plans to promote the deep integration of the internet, big data and artificial intelligence with the real economy, and encourage innovation in new technologies and new forms of industry, the newspaper said.

A robot is on the way to serve dishes at a "future hotel" in Hangzhou, capital of east China's Zhejiang Province. (Xinhua/Long Wei)    

   Local governments will also step up support for strategic emerging industries in financial aid, technological innovation and the business environment. Efforts should be made to improve strategic emerging industries' capabilities to innovate, said the newspaper.

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