Tina Chen

    THE city’s seven strategic emerging industries will be growth engines for the Shenzhen Special Economic Zone, Mayor Xu Qin said at a seminar at the Shenzhen Convention and Exhibition Center yesterday afternoon.

    Xu said the seven industries, including information technology, new energy, new materials and new-energy vehicles, represented the direction of technological innovation.

    “The seven emerging industries are the right solution for Shenzhen’s development bottleneck due to its limited land resources, which call for an upgrade in the industrial structure,” he said.

    “The economic crisis triggered a new round of technological revolution,” he said. “We should encourage the development of these industries to catch up with the global revolution.”

    Peng Sen, vice chief of the National Development and Reform Commission (NDRC), said the watchword for the strategic emerging industries was “dynamic.”

    “The industries included will be adjusted as the technology develops,” he said.

    Peng said the total revenue of the strategic emerging industries was expected to reach 15 percent of China’s GDP by 2020.

    “There are also challenges, such as the lack of supporting policies and regulations,” he added.

    The NDRC also held an exhibition demonstrating innovations among the seven industries such as energy saving and environmental protection, information technology, high-end manufacturing, and new-energy transport at the fair.

    The State Council in October has announced a policy to encourage and promote the development of strategic emerging industries.