Shandong gears up for the shift of growth drivers from old to new

来源:sdchina.com 时间:2018-02-23 16:40:02

Shandong People’s Government published Thursday on its official website the implementation plan for the promotion of the shift of growth drivers from old to new. According to the plan, as of 2022, a new pattern dominated by new economic engines will take shape. The added value of the “four new” economy is going to account for 30 percent, an increase of 1.5 percent on average every year.

The overall plan for the construction of a comprehensive experimental zone of the shift of growth drivers from old to new in Shandong was officially approved by the State Council on Jan. 3, 2018. It is the first regional national-level development strategy after the 19th CPC National Congress and also China’s first regional strategy with the theme of growth-driver transition.

Gao Fu, director of the Regional Economy Research Institute of the Academy of Macroeconomic Research in Shandong , believed new growth drivers are racing to take shape supported by such new production factors as information and data, while emerging industries show a trend of exponential growth. “Taking advantage of the construction of this comprehensive experimental zone, Shandong may take the lead nationwide in the shift of growth engines from old to new,” he added.

By 2022, a new growth driver-dominated development pattern will be basically formed in Shandong. The quality-oriented economy is expected to be remarkably improved while the construction of a modern economic system realizes significant results.

The development of the“four new”economy is mainly embodied in the “five comprehensives”, namely, the comprehensive improvement of quality and efficiency, innovation ability and ecological environment, and the establishment of the growth-driver transition system and mechanism as well as new advantages in open economy.

By 2028, the 50th anniversary of the reform and opening-up policy, the first round of the transition of economic engines from old to new will be completed. The goal of a beautiful Shandong is set to be realized as of 2035, with its economic and technological strengths being dramatically enhanced.

责任编辑:胡立荣
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