Beijing issues guideline for development of 10 high-end industries

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The Beijing municipal government issued the "Guidance on Accelerating Scientific and Technological Innovation to Develop 10 High-end Industries Including the New Generation of Information Technology" at a press conference held on Dec. 26.

The guideline came as a response to General Secretary Xi Jinping's two visits to Beijing, and the city pledged to thoroughly implement the spirit of the 19th National Congress of the Communist Party of China and the Central Economic Work Conference, and to further fortify the capital's position as the country's scientific and technological innovation center. 

The guideline names 10 high-end industries as Beijing's priority for development, including the new generation of information technology, integrated circuit, health and medicine, intelligent equipment, energy conservation and environmental protection, new energy smart vehicles, new materials, artificial intelligence, software and information services, and science and technology services. 

Beijing will also provide tailored support to the development of these industries through capital investment, talent cultivation and intellectual property protection.

The guideline sets specific tasks, general and detailed goals, and guarantee measures for supporting policies for each of the 10 industries to make better use of the capital and talent resources. The guideline also calls for solutions to industry-wide problems.

An official from the Beijing Municipal Commission of Economy and Information Technology said, "Development is the ultimate goal, and Beijing needs high-quality development.”

Developing high-end industries and removing non-capital functions from the city are two methods of development that are complementary to each other and sharing the same goal.

The guideline shows that the 10 selected industries are all knowledge-intensive, environmentally-friendly and resource-intensive industries that rely less on population, land and water resources, but have higher technological content and output efficiency.

Apart from the 10 selected industries, Beijing is formulating the guidelines for financial services, the cultural and creative industry, and the commercial service industry. The city looks to accelerate the construction of an industrial system within which the real economy, scientific and technological innovation, modern finance and human resources develop coordinately, an official said.

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