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May 25, 2019

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Emerging new sectors boost economy, society

Source: Shanghai Daily | 00:00 UTC+8 May 25, 2019 | Print Edition

Strategic emerging industries will lead economic and social development. Hebei is carrying forward a three-year strategy (2018-2020) to make full use of global innovative resources and will focus on the development of Big Data and the Internet of Things, IT manufacturing, AI-featured and intelligent equipment, biomedicine, high-end equipment manufacturing, new-energy and smart grids, new-energy vehicles and intelligent networks, new materials and advanced environmental protection.

By 2020, revenue in these sectors is set to exceed 1.7 trillion yuan, which will drive the added value of strategic emerging industries to 500 billion yuan, accounting for more than 12 percent of Hebei’s GDP.

Hebei will also take action to make breakthroughs in AI, next-generation communications technology, cutting-edge materials and health to become more competitive.

Agglomeration forms a new pattern of development. Hebei will build 30 industrial demonstration bases, cultivate a number of industrial clusters with a scale of more than 100 billion yuan each, and jointly form a new international strategic emerging industry development center with complementary functions, resource-sharing and industrial connection with Beijing and Tianjin.

Major cities in Hebei have their own tasks.

By 2020, strategic emerging industries will play a leading role in Shijiazhuang’s economy. The biomedicine industry and the new generation of the information technology industry will be the two pillars while the development of an advanced equipment manufacturing industry will be accelerated. The added value of strategic emerging industries in Shijiazhuang will reach 50 billion yuan by then.

During the same period, revenue from Xingtai’s emerging industries, mainly in the seven key sectors, will exceed 100 billion yuan, which will bring the added value of strategic emerging industries to 24.5 billion yuan, accounting for about 10 percent of GDP.

Langfang will cultivate and expand industrial clusters such as Big Data, next-generation display technology, intelligent manufacturing, new materials, aerospace, e-commerce and digital creativity. The added value of strategic emerging industries will account for 15 percent of the city’s GDP.

Dingzhou will develop high-end equipment manufacturing, new energy, energy-saving and environmental protection, Big Data and Internet of Things, artificial intelligence and intelligent equipment.

By 2020, the added value of strategic emerging industries in Hengshui will reach 16 billion yuan, accounting for more than 8.5 percent of GDP. Hengshui will build an industrial system featuring equipment manufacturing, food, medicine, functional materials, textile, home decor, business and trade logistics, culture, tourism and modern agriculture.

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