 |
Beijing Vows to Boost New and Hi-tech Economy
In the next few years, this Chinese capital will push to create an open economy that focuses on development of new and hi-tech industries, and the service and culture industries, a senior official said.
Shen Baochang, director of the Beijing Development Planning Commission, made the remark at the Seminar on Development Strategy for Beijing East Urban District in the 21st century, which started Friday and is a key activity of the ongoing Beijing International Hi-Tech Industries Week opened Thursday.
New and hi-tech industries are of vital importance to the Beijing economy and are also a sector on which many countries put emphasis, Shen said. The service industry is an important component of the city's economy and accounts for 58.3 percent in overall economic output, he noted, adding that two sectors will be priorities in the city's economic development in the next five years.
As the Chinese capital, Beijing is the national political and cultural center, and also a center for international exchanges. The city will enhance its ability to handle these responsibilities and improve its capability as an international metropolis by developing business, logistics, and exhibitions and tourism, according to the director.
In the next five years, Beijing will improve the Zhongguancun Science Park, or China's Silicon Valley, a business center, a banking street and shopping centers, the director said.
Beijing's industrial restructuring will take 10 years' time, Shen said.
In This Section
|