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Report on the Work of the Government

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2. Accelerating the transformation of the pattern of economic development and adjusting and optimizing the economic structure

We urgently need to transform the pattern of economic development. We will work hard to put economic development onto the track of endogenous growth driven by innovation.

We will continue to promote restructuring and revitalization in key industries.

First, we will intensify technological upgrading. We will effectively use funds for technological upgrading to guide enterprises in developing new products, saving energy and reducing resource consumption.

Second, we will encourage mergers and reorganization of enterprises. We will break industry monopolies, remove regional blockades, support superior enterprises in acquiring ones in financial difficulties, and close down backward production facilities more quickly.

Third, we will comprehensively raise product quality. We will guide enterprises to improve their quality management systems, focusing on brands, standards, service, and performance, and to enhance their sense of social responsibility. We will effectively strengthen the market oversight and credibility systems, and strive to raise the quality of China's products to a new level.

We will foster emerging industries of strategic importance. The global financial crisis is hastening the birth of a new technological and industrial revolution. It is of decisive importance for the future of our country that we develop emerging industries of strategic importance and capture the economic, scientific and technological high ground; therefore, we must seize opportunities, identify priorities, and achieve results. We need to vigorously develop new energy sources, new materials, energy conservation, environmental protection, biomedicine, information networks, and high-end manufacturing industries. We will make substantive progress in developing motor vehicles powered by new energy sources and in integrating telecommunications networks, cable television networks, and the Internet, and accelerate R&D in and application of the Internet of Things. We will also increase investment in and policy support for emerging industries of strategic importance.

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