NDRC: Strategic emerging industries will be increased and China Export-Import Bank will provide no less than 800 billion yuan in financing

The National Development and Reform Commission recently signed a cooperation agreement with the Export-Import Bank of China to support the development of strategic emerging industries. The Export-Import Bank of China will provide enterprises with no less than 800 billion yuan in financing during the 13th Five-Year Plan period to support the development of emerging industry clusters. This is also the first major move in the development of strategic emerging industries since the end of this year's National People's Congress. At the same time, the reporter learned that as the focus of 2018, various regions are also accelerating the development of strategic emerging industries. In the future, a number of major projects will be implemented one after another, and policy support will be further increased.

It is understood that the Export-Import Bank of China will focus on supporting the implementation of the "13th Five-Year Plan" for the development of strategic emerging industries, the development of emerging industry clusters, major projects and the construction of related innovation platforms.

This year's Government Work Report clearly states that in 2018, we will continue to expand and strengthen emerging industrial clusters, implement big data development actions, strengthen the research and application of the new generation of artificial intelligence, develop smart industries, and expand smart life.

The reporter learned that a number of comprehensive policy measures will be introduced in 2018 to further boost the development of new drivers and create an upgraded version of "mass entrepreneurship and innovation". The focus includes promoting the development of strategic emerging industry clusters and accelerating the deep integration of the Internet, big data, artificial intelligence and the real economy.

At the same time, local governments at all levels have also begun to increase their efforts to promote strategic emerging industries, and a number of supporting policies and key projects have begun to be implemented.

The National Information Center's business climate survey on thousands of strategic emerging industry companies showed that the business climate index of major sectors of strategic emerging industries rebounded across the board in 2017 compared with the same period in 2016.

Zhang Jie, a researcher at the National Development and Strategy Institute of Renmin University of China, said that building an "innovative country" must rely on stimulating the broadest innovation and entrepreneurship momentum in society and promoting the transformation of new and old economic drivers.