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    Guan And The Two Sessions: Industry Opportunities Still Need Time

    2011/3/10 11:38:00 63

    Industry Opportunity

    "2011 is the opening year of 12th Five-Year, and this year's work is done.

    '12th Five-Year'

    The objectives and tasks are very important.

    In his report on the work of the government, Premier Wen Jiabao told us that 2011 will be a year for the future.


    The government work report proposes that the general consideration is

    Changing economy

    The mode of development creates a good environment and guides all aspects to focus on accelerating economic restructuring, improving the quality and efficiency of development, and putting more emphasis on employment, improving people's livelihood and promoting social harmony.

    This is the first time in more than 10 years that we have seen the pformation of economic growth in such an important position in the government work report.


    Over the past ten years, China's economy has undergone a miraculous rapid growth, and many industries have created the world's number one. This is the symbol of China's economic prosperity.

    But behind the strong economic growth of China, there are also some problems associated with it.

    For example, behind the rapid economic growth is over reliance on investment and exports; behind the shift of global manufacturing center to China is the lack of independent intellectual property rights and low competitiveness of the products; behind the substantial increase in the profitability of industrial enterprises is a large number of resources consumption and environmental pollution.

    When these problems accumulate to a certain extent, they will inevitably restrict the sustainable growth of China's economy.

    Fortunately, we can scientifically judge and accurately grasp, at the right time, begin to guide the parties to focus their efforts on accelerating economic pformation.


    The pformation of economic structure needs to "pform and upgrade the manufacturing industry, intensify the technological pformation of enterprises, focus on enhancing the capabilities of new product development and brand building, improving the comprehensive utilization level of energy resources, integrating the technological process system, and improving product quality, technology content and added value".

    After many years of manufacturing pfer, Chinese manufacturing enterprises have accumulated more capital, and some manufacturing enterprises have already accumulated initial technological accumulation. A few foresighted enterprises have begun to invest more capital in R & D and technology import and export with the encouragement and support of the government.

    The day of increasing investment in R & D and technology introduction is the time for these manufacturing enterprises to upgrade their technological content and build up high-end competitive brands. More and more visionary manufacturing enterprises and high-end manufacturing product brands are breaking away from cocoon, that is, when the whole Chinese manufacturing industry redefines "made in China".


    The pformation of economic structure needs to accelerate the cultivation and development of strategic emerging industries.

    We should actively develop a new generation of information technology industry, build high-performance broadband information network, accelerate the realization of "three networks convergence" and promote the demonstration application of the Internet of things.

    To get rich and build roads, the rapid growth of China's economy in the past years is inseparable from the massive investment in pport infrastructure.

    Similarly, if we want to develop a new generation of IT industry, we cannot do without the "infrastructure construction" of the information network.

    When huge amounts of information are gathered together, a high capacity, unimpeded and fast information network can guarantee the rapid pmission and processing of massive information.

    When the "infrastructure construction" of information network is no longer a barrier, the business opportunities of the information technology industry are also coming into being, and the vitality of the industry will come to an end.


    Economics

    Structural pformation

    We need to strengthen the construction of modern energy industry and comprehensive pport system.

    We should actively promote changes in the way of energy production and utilization so as to improve the efficiency of energy utilization.

    We should promote clean utilization of traditional energy sources, strengthen smart grid construction, and vigorously develop clean energy.

    Over the past few years, the rapid progress of China's industrialization process is at the expense of high energy consumption and sacrificing the environment. The excess profits earned by the whole industrial enterprises rely largely on low cost to consume energy and environment.

    The consumption of non renewable resources and the total amount of the environment is limited. The more consumption in the earlier stage means the less renewable resources and the less total environment will be, the worse the sustainability of economic growth will be.

    Therefore, economic pformation must enhance the economic output of unit resources and environment. It is imperative to promote energy conservation and emission reduction and new energy application. Even if we sacrifice a little short-term economic growth for this reason, it is also worthwhile in the long run.


    2011 is a year of connecting the past and the future.

    But freezing is not a cold day.

    Economic restructuring is a long way to go. We must not rush to achieve rapid economic restructuring within a few years. A smooth, gradual and rational pformation of the economic structure is the way to sustainable development.

    But most importantly, we have defined the direction of economic pformation and will unswervingly push forward the pformation of the economic structure.

    Perhaps, when we look back on the history of China's economic development this year, we will regard 2011 as the first year of China's economic restructuring.

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