E China’s Fujian to cultivate over 300 leading enterprises in industry and information technology -- East China’s Fujian Province plans to cultivate over 300 leading enterprises in the industry and information technology, according to an action plan issued by the Fujian government. Fujian Province is aimed at fostering over 12 industry clusters with operating revenue exceeding 100 billion yuan, over 100 service-type manufacturing demonstration enterprises, more than 500 giant enterprises in science and technology, etc. According to the action plan, Fujian Province will support leading enterprises to conduct merger and acquisition (M&A) and grant subsidies to qualified projects.In the meantime, for the new qualified state-level key laboratories, engineering laboratories, engineering research centers, the provincial government will give 8 million awards.
China's Hainan to promote dev. of agricultural product processing industry -- South China's Hainan Province on Thursday unveiled a guideline to vigorously promote development of the agricultural product processing enterprises and enhance comprehensive benefits and competitiveness of the agriculture. Under the guideline, Hainan will add a number of leading agricultural product processing enterprises. By 2020, the output value of the sizable agricultural product processing enterprises each with the main business revenue above 20 million yuan annually will exceed 50 billion yuan, while that of the agricultural product processing industry will exceed 100 billion yuan. By 2025, the output value of the sizable agricultural product processing enterprises will reach 80 billion yuan, while that of the industry will amount to 160 billion yuan, said the guideline.
China to roll out policies for dev of industrial Internet -- China’s Ministry of Industry and Information Technology (MIIT) is working with the China Securities Regulatory Commission (CSRC) to study policies of supporting financing for the industrial Internet enterprises, the Xinhua-run Economic Information Daily quoted Xie Shaofeng, a MIIT official, as saying on June 25. In addition, this year, the MIIT has set up a special fund jointly with the Ministry of Finance (MOF) to support the development of the industrial Internet, said Xie. It is reported that the MIIT will focus on supporting the construction of a number of test verification environments and test beds for the industrial Internet platforms, and foster batches of cross-industry, cross-field, and specific-industry and specific-field industrial Internet platforms.
China likely to increase number of national big data comprehensive pilot zones -- China is expected to increase the number of the national big data comprehensive pilot zones, the Economic Information Daily reported on June 25. According to industry insiders, big data has become a new driving force for high-quality economic development. Against the background of a new round of information technology revolution and industrial change, it is the inevitable direction of economic development to accelerate integration of digital technology with the real economy, fully tap the big data dividend and stimulate the potential of big data. Earlier, the big data industry development plan (2016-2020) issued by the Ministry of Industry and Information Technology (MIIT) pointed out that by 2020, China will build 10 to 15 big data comprehensive pilot zones, create a batch of big data industry clusters, and form a number of new-type big data industrialization demonstration bases.
China to bring national high-speed railways to over 30,000 km by 2020 -- China strives to bring the national high-speed railways to 30,000 kilometers or more by 2020, covering more than 80 percent of the cities each with a resident population of more than 1 million, according to a three-year plan (2018-2020) made by Ministry of Transport. The Xinhua-run cnstock.com reported that under the plan, by 2020, the total mileage of the highways in China will reach 150,000 kilometers, covering cities and prefecture-level administrative centers each with a population of 200,000. The country will add about 180 deep-water berths at and above the 10,000-tonne in coastal ports. The civil aviation airports will basically cover the cities each with resident population of more than 200,000. In addition, China will accelerate the process of Beijing-Tianjin-Hebei transportation integration and build a multi-level, comprehensive coverage of the integrated transportation network to form a “one-hour circle” between central urban areas of Beijing, Tianjin, Shijiazhuang and their satellite towns and new towns.
China promotes World Bank loans for PPP projects, NDRC -- The Department of Fixed Asset Investment under the National Development and Reform Commission (NDRC), China's top economic planner, has organized a number of key public-private partnership (PPP) projects to apply for World Bank loans, since the beginning of 2017, according to a notice on the NDRC website. The Department also commissioned the China International Engineering Consulting Corporation (CIECC) to evaluate the submitted projects across the country. Finally, four PPP projects that were relatively mature in their early stage and had a significant role in promoting the local economic and social development were recommended to the World Bank.According to a document approved by the State Council, China's cabinet, the World Bank plans to arrange loans of 450 million U.S. dollars for the domestic PPP projects in key industries with different types.
Shenzhen to build free trade port by 2020-- China's southern boomtown Shenzhen will build its port into a free trade port by the end of 2020 by further cutting red tape and streamlining customs clearance procedures, according to a local document. The Port of Shenzhen is a collective name for a number of ports along the coastline of Shenzhen. It docks the third largest number of containers in the world. A guideline published by the municipal government last week showed the port plans to cut its customs clearance time of cargo shipment by one-third by 2020 through streamlining the procedures and lift some of the trade restrictions. The guideline also put forward a goal to jointly develop the Port of Shenzhen and the Port of Hongkong into an international shipping center. A free trade port features high-level trade and investment liberalization policies. China announced a plan to build the southern island province of Hainan into a free trade port in April.
China to keep number of state key labs at about 700 by 2020 -- China will keep the number of the state key laboratories at about 700 by 2020, according to the guideline jointly released by the Ministry of Science and Technology and the Ministry of Finance. To be specific, by 2020, the number of the state key laboratories for discipline will be about 300, while that of the state key laboratories of the enterprises will be around 270. The number of the state key laboratories jointly established by the ministries and provincial-level governments will be around 70, said the guideline. By 2025, a state key laboratory system will be fully completed, with a significant increase in the level of scientific research and international influence. Several laboratories will become the world’s most important scientific centers, take the lead in the development of basic scientific research, and gather a group of strategic and scientific talents and teams with international standards, according to the guideline.
China’s Qinghai accelerates dev. of lithium power industry chain -- Northwest China's Qinghai is accelerating development of the lithium power industry chain and strengthening close cooperation with the domestic leading companies such as BYD and BAIC Motor. At present, the lithium battery industry has become a strategic emerging industry in Qinghai, according to Wang Liming, Vice Governor of Qinghai Province, at a forum about the lithium industry and power battery, on June 27. Qinghai has attached great importance to the development of the lithium battery industry and formulated a plan for development of the new materials to support the lithium industry during 13th Five-Year Plan period (2016-2020). The Province has put forward the goal of bringing its lithium carbonate capacity to about 120,000 metric tons (tonnes) by 2020.
China's Guizhou to increase proportion of digital economy to its GDP -- Southwest China's Guizhou Province will strive to increase the proportion of the added-value of digital economy to its GDP to more than 30 percent by 2020, according to a guideline recently released by the local authorities.The Province will fully promote the integration of Internet, big data, cloud computing, and artificial intelligence (AI) with the real economy, government governance, and people's livelihood services, said the guideline. Guizhou targets wide application of the new-generation information technologies in various fields of economy and society. It will improve digital governance capabilities and establish an integrated government affair data center system to achieve the goal that more than 50 percent government services can be completed through the digital means.
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