President Hu urges efforts to promote strategic emerging industries

08:24, June 01, 2011      

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Chinese President Hu Jintao has urged efforts to promote the development of China's strategic emerging industries and build them into pillar industries.

Fostering the development of strategic emerging industries will have an overall bearing on the country's economic and social development, Hu said during a group study of the Political Bureau of the Central Committee of the Communist Party of China (CPC) on Monday.

He noted that accelerating the development of strategic emerging industries is essential for speeding up the transformation of China's economic development pattern, enhancing the country's international competitiveness and building an innovation-oriented country.

He urged efforts to make breakthroughs in areas with good foundations and conditions to foster competitive edges, to strengthen independent innovation and develop key technologies that support the development of strategic emerging industries and accelerate the establishment of industry and technical standards.

He also called for efforts to deepen international cooperation in scientific and technological fields, and make good use of global technological achievements and intellectual resources. He also called for support to domestic companies on their exploration of the global market and encouraged them to create their own international brands.

He also stressed the importance of policy support and encouraged the construction of an effective system to integrate the resources necessary for innovation.

Governments at all levels should shoulder their respective responsibilities, put the development of strategic emerging industries on their agendas and accelerate reforms in related sectors, he added.

Source: Xinhua
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