Beijing, May 31: Chinese President Xi Jinping’s article titled “Planning for the Future and the Development of Future Industries” will be published on June 1 in the 11th issue of the Chinese Communist Party’s (CPC) leading journal, Qiushi Journal.
The article emphasizes the importance of developing and nurturing future industries to achieve a leading position in science, technology, and industry. It aims to take charge of development initiatives, cultivate new quality productive forces, build a modern industrial system, and improve the quality of life for the people. This development is also expected to promote comprehensive growth and overall societal progress.
According to the article, in recent years, the CPC Central Committee has placed significant importance on the development of future industries. Strategic planning has been strengthened, and policy support has increased, resulting in positive advancements in this sector. The article states that in this new journey, the Chinese people must stand at a strategic height to build a strong nation and promote the great rejuvenation of the Chinese nation. They should leverage their comparative advantages while maintaining stability, seeking progress, and following a phased approach to develop industries, continuously fostering new innovations in the country’s future industries.
The article stresses the need for enhanced overall planning and coordination. It notes that future industries are visionary, strategic, and transformative in nature, requiring scientific planning and effective coordination for their development. Targeted policies should be implemented, particularly in understanding the direction of emerging fields like quantum technology and bio-manufacturing.
Technical innovation is highlighted as the cornerstone of future industry development. The article asserts that significant advancements in technology will determine the pace, scope, and depth of future industries. Therefore, accelerating the development of critical and foundational technologies in key sectors, strengthening technological leadership, and promoting basic research are essential. Additionally, there is a need to expedite the practical application of scientific and technological achievements and their industrial transformation.
The article also emphasizes the leading role of enterprises. It states that enterprises are the primary carriers of innovation, and the development of many emerging industries results from continuous technological achievements by these enterprises. Thus, various innovation resources should be focused on enterprises, and leading technology firms with strong innovation capabilities should be actively developed.
Moreover, the article highlights the necessity of creating a favorable policy environment. This includes improving fiscal and tax policies, developing science and technology finance, and optimizing government procurement policies. It also calls for enhancing the development, recruitment, and utilization of talent to fully encourage their capacity and enthusiasm for innovation and entrepreneurship.
Additionally, the article stresses the need to make governance systems more effective. It points out that the development of future industries is linked to multiple sectors and aspects, necessitating strengthened coordinated governance, establishing a balance between development and security, and developing a scientific and effective regulatory framework. Furthermore, technology monitoring, risk warning, and emergency response mechanisms should be reinforced.
The article concludes by noting that the pace of technological change in future industries will be rapid, with increased decision-making risks and numerous complex factors at play. This will test leadership and governance capabilities. Therefore, officials at all levels are urged to seriously study cutting-edge science and technology knowledge, enhance their professional capabilities, and develop a better understanding of science, technology, and industry to make informed decisions.
(Source: China Media Group, Beijing)
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