Full Text: Report on the Work of the Government

4. Accelerating strategic economic restructuring

This is the major goal of transforming the pattern of economic development. China's economy needs to be quickly put on the path of endogenous growth driven by innovation.

We will adjust and optimize the industrial structure. We will quicken the establishment of a modern industrial system and give impetus to industrial transformation and upgrading.

First, we will transform and upgrade manufacturing industries. We will intensify technological upgrading in enterprises, with the focus on becoming better able to develop new products and build brand names; utilize energy and resources more comprehensively; increase the integration of technological and process systems; and raise the quality, technological content and value-added of products. We will encourage enterprises in key industries to enter into trans-regional acquisitions and reorganizations. We will improve the exit mechanism and accompanying policies for outdated production capacity.

Second, we will accelerate the cultivation and development of strategic emerging industries. We will vigorously develop the next-generation IT industry; build a high-performance broadband information network; accelerate the integration of the telecommunications network, the radio and television broadcasting network, and the Internet; and promote demonstrations on how to use the Internet of Things. We will energetically give impetus to the development of industries such as energy conservation, environmental protection, new energy, biotechnology, high-end equipment manufacturing, new materials and new energy vehicles. We need to promptly formulate standards, improve policies, enhance innovation capabilities, get small and medium-sized high-tech companies to play their role, and foster the healthy development of strategic emerging industries so they more quickly build their production capacity and core competitiveness.

Third, we will vigorously develop service industries. We will accelerate the development of producer services and actively develop consumer services. We will make every effort to develop and upgrade the software industry. We will strive to create a market environment that is conducive to the development of service industries, and quickly improve the policy system for stimulating their development. We will make the prices of power, water, gas and heating basically the same for both service industries encouraged by the state and the industrial sector as quickly as possible.

Fourth, we will strengthen the modern energy industry and the comprehensive transport system. We will actively promote changes in the way energy is produced and used and raise energy efficiency. We will give impetus to the clean use of traditional energy sources, intensify the construction of smart power grids, and vigorously develop clean energy. We will coordinate the development and accelerate the construction of a comprehensive transport system that is convenient, safe, cost-effective and highly efficient. We will steadfastly make coordinated development plans for land and sea and advance the development of the marine economy.