Xi Focus: Xi stresses developing new quality productive forces

President Xi Jinping on Tuesday stressed developing new quality productive forces according to local conditions during the second session of the 14th National People’s Congress, China’s national legislature.

Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the remarks when he participated in a deliberation with fellow lawmakers from east China’s Jiangsu Province.

Xi called for focusing on high-quality development as the top priority, urging efforts to step up innovation, foster emerging industries, adopt forward-thinking plans for developing future-oriented industries and improve the modernized industrial system.

Developing new quality productive forces does not mean neglecting or abandoning traditional industries, Xi said. It is necessary to prevent a headlong rush into projects and the formation of industry bubbles, and avoid adopting just a single model of development, he noted.

Localities should take into account their own resource endowment, industrial foundation and scientific research conditions in promoting the development of new industries, models and growth drivers in a selective manner, and use new technologies to transform and upgrade traditional sectors into high-end, intelligent and green industries, he said.

https://english.news.cn/20240305/836efa1e8592443cad60dc9341d2beeb/c.html

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