Strategic emerging industries will increase their GDP by 8% in five years.

"Decision of the State Council on Accelerating the Cultivation and Development of Strategic Emerging Industries"
On the 18th, the Chinese government website published the "Decision of the State Council on Accelerating the Cultivation and Development of Strategic Emerging Industries", pointing out that by 2015, strategic emerging industries such as energy conservation and environmental protection and next-generation information technology should form a basic pattern of healthy development and coordinated promotion. The added value of the industry accounts for about 8% of the gross domestic product. By 2020, this is about 15% more than gravity.

Market risk! Retail investors should leave as soon as possible? Which stocks are worth buying at full positions? Some stocks are likely to rise by 50%! Institutional funds have undergone major changes. It is understood that in 2010 China's emerging industries accounted for 3% of GDP, which means that the value added of strategic emerging industries will increase several times in five years.

The "Decision" pointed out that at this stage, we will focus on cultivating and developing energy conservation and environmental protection, new generation information technology, biology, high-end equipment manufacturing, new energy, new materials, new energy vehicles and other industries.

By 2020, the seven major industries will each have their own clear positioning. Among them, energy conservation and environmental protection, new generation information technology, biology, high-end equipment manufacturing industry has become the pillar industry of the national economy, new energy, new materials, new energy automobile industry has become the leading industry of the national economy.

Since the beginning of this year, "strategic emerging industries" have become a hot word in the Chinese economy. At a time when countries are looking for the next round of economic growth, China has also begun to plan for the long-term development of the economy.

Qi Jianguo, deputy director of the Institute of Quantitative and Technical Economics of the Chinese Academy of Social Sciences, who participated in the drafting of the Guiding Opinions on Accelerating the Cultivation of Strategic Emerging Industries, pointed out that the country’s original intention for supporting emerging industries is mainly from the perspective of strategic development, with a long-term perspective. The strategic emerging industries are not only to cultivate the leading industries. The key point is that the changes in the new economic development model of developed countries after the financial crisis have given China a new inspiration and given China a lot of competitive pressure.

In terms of specific support policies, the "Decision" proposes that it will speed up the establishment of industry standards and important product technology standards systems that are conducive to the development of strategic emerging industries, and optimize the approval management procedures for market access. Including improving the project and product access standards for new energy vehicles, improving the management of genetically modified agricultural products, and strictly implementing energy conservation and environmental protection regulations and standards.

Industrial cultivation is inseparable from financial support. The "Decision" pointed out that on the basis of integrating existing policy resources and funding channels, it will set up special funds for strategic emerging industry development, establish a stable financial input growth mechanism, increase central financial input, and support innovative ways to support major key technologies. R&D, major industry innovation and development projects, major innovation achievements industrialization, major application demonstration projects, and innovation capacity building.

In addition, government guidance and support will be increased. Strengthen the evaluation of fiscal policy performance, innovate the financial fund management mechanism, and improve the efficiency of capital use. Research and improve tax support policies that encourage innovation and guide investment and consumption.

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