Seven Strategic Emerging Industries Clear Targets

On October 18, the "Decision of the State Council on Accelerating the Cultivation and Development of Strategic Emerging Industries" was formally released. The "Decision" clearly puts forward the development goals of the seven strategic emerging industries: by the end of the "Twelfth Five-Year Plan," the added value will strive to reach about 8% of the GDP; by 2020, this ratio will reach about 15% of the gravity, saving energy. Environmental protection, a new generation of information technology, biology, and high-end equipment manufacturing industries have become the pillar industries of the national economy. New energy, new materials, and new energy automotive industries have become the leading industries of the national economy.
It is understood that China's emerging industries account for 3% of GDP, which means that using this as a base, GDP will increase by nearly 2 times in 5 years and by 4 times in 10 years.
The "Decision" requires that the key directions and major tasks of development be further defined in accordance with the development stage and characteristics of strategic emerging industries. The energy-saving and environmental protection industry should focus on the development and promotion of high-efficiency energy-saving technical equipment and products, and actively promote the clean use of coal; the high-end equipment manufacturing industry should face the development of marine resources and vigorously develop marine engineering equipment; the new energy industry must develop a diversified solar photovoltaic thermal power generation market , Orderly promotion of large-scale development of wind power, development and utilization of biomass energy according to local conditions; new materials industry should vigorously develop new functional materials such as rare earth functional materials, high-performance membrane materials, and actively develop advanced structural materials such as engineering plastics to improve carbon fiber, aramid fiber, The development of high-performance fibers such as ultra-high molecular weight polyethylene fibers and their composite materials, and the development of common basic materials such as nanometer, superconductivity, and intelligence.
It is reported that to speed up the cultivation and development of strategic emerging industries, the state will provide support from various aspects such as finance, taxation, credit, financing, and investment. The "Decision" also specifically pointed out that private capital should be encouraged to invest in strategic emerging industries.

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