BEIJING: Chinese President Xi Jinping highlighted the need to develop new quality productive forces tailored to local conditions for high-quality development amid a new round of technological and industrial transformation.
China Daily quoted Xi as saying that developing new quality productive forces does not imply neglecting or abandoning traditional industries.
While taking part in a deliberation with his fellow deputies from the delegation of Jiangsu province at the second session of the 14th National People’s Congress, Xi underscored the importance of leveraging new technologies to upgrade traditional industries, promoting the high-end, intelligent and green transformation of industries.
Xi called for deeper integration of technological and industrial innovation, consolidating the leading position of traditional industries and accelerating the creation of strategically competitive emerging industry clusters in order to make Jiangsu an important stronghold for developing new quality productive forces.
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he president also stressed the need to plan for further comprehensive deepening of major reforms to inject stronger impetus into high-quality development and propel sustained momentum for Chinese modernisation.
Xi reiterated the necessity to continuously promote a market-based, world-class business environment governed by a sound legal framework, thereby shaping new advantages for a higher level of open economy.
Source: Emirates News Agency